1/
#TikTok is supper addictive...as the 1.3 billion monthly active users (and I) can testify.

Its strength is in the #algorithms that use the 15-30 second videos to figure you out really quickly...and then feed you a never ending diet of video shorts that tickle your fancy Image
2/
#TikTok captures more "signals" about you than any other social media platform...and in double-quick time

(Think about it...on #Netflix, you need to watch a whole show before they know if you'd more of the same. On TikTok, they've figured that out in a couple of minutes) Image
3/
Which all makes TikTok a perfect place for #ecommerce. Especially when you can add influencers like 16 year old #CharlidAmelio and her 123m followers (her videos have been Liked 9.8 billion times...which means they've been watched many more times than that!)

#dunkinDonuts Image
4/
TikTok are building a feature so that its users can buy direct from within the app.

The latest to take advantage of TikTok's attention grabbing addiction is Canadian e-commerce platform #Shopify

@endabreslin @WiserIn10 @EvanKirstel Image
5/
#Shopify has partnered with #TikTok so that Shopify merchants can add a shopping tab to their TikTok business profiles

This is #SocialCommerce and is forecast to reach $36billion this year in sales...and to be 5% of retail sales by 2025!

@Reuters

reut.rs/38fTZIU Image

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More from @rickhuckstep

25 Aug
Can ethical, inclusive tech help to create a better world?

This @wef report argues that critical #technologies such as artificial intelligence (#AI) and machine learning, have already defined our world.

1/4
@AlbertoMChi @oost_marcel @SaeedBaygi #ML #BigData
Their point is that it's not the #technology, but its curation that matters. Technology for technology's sake is neither positive nor negative.

To paraphrase Tim Cook over the weekend...it's all about trust.

2/4
@jaypalter @terence_mills @KeithKeller #TimCook #BigTech Image
It's a theme I keep coming back to because there are lots of examples of "bad #tech", by which i mean "bad USES of tech".

#Facebook and #Robinhood come to mind, and there are many more.

3/4
@efipm @profgalloway @SpirosMargaris #Gamification
bit.ly/3igBrOU
Read 4 tweets
22 Aug
1/
Who are the top influencers in #Fintech?

Here is a thread of 50 of the top social media influencers to follow for insight and information

Identified by @Onalytica using the 4 Rs methodology (Reach, Resonance, Relevance and Reference)

bit.ly/2WgCoOj
2/ Who's Who in #Fintech

Lex Sokolin
Head Economist, @ConsenSys

Twitter handle: @LexSokolin

Linkedin: bit.ly/3mmdDeF

Following: 320k
3/ Who's Who in #Fintech

Jim Marous
Speaker, Publisher, Broadcast Host

Twitter handle: @JimMarous

Linkedin: bit.ly/2XLkm7Q

Following: 245k
Read 53 tweets
18 Aug
1/

Thread of the very best #YouTube channels and #Twitter accounts to follow for:

#AI/ #ML, #DeepLearning, #neural and all things #datascience

bit.ly/3g8pVDL

#AI #machinelearning @wiserin10 #datascience #bigdata #artificialintelligence
2/

@Analyticsindiam

Analytics India Magazine includes discussions on news, tips for the data ecosystem and a deep dive into #AI/#ML, #deeplearning and #neural networks

#YouTube subscriber count: 38k
3/

@Krishnaik06

Krish Naik is co-founder of iNeuron.ai and specialises in #machinelearning, #deeplearning, and computer vision. Krish’s #YouTube channel is a deep dive into all things #AI/#ML, perfect for beginners

YouTube subscriber count: 421k
Read 15 tweets
17 Aug
1/
Why is #Apple getting so much heat over its new Child Protection Mesures?

They are well-intentioned, present no risk to anyone who doesn't store child abuse material on their devices, and, frankly, there's nothing new here

#CSAM #Privacy @WiserIn10

rickhuckstep.com/wiser-newslett…
2/
Collectively known as #CSAM (child sexual abuse material), #Apple are not the first in #BigTech to use #technology to surveil its users for this
3/
#Facebook has been using #algorithms to detect child abuse images since at least 2018 (which the CEO of Facebook-owned #WhatsApp seemed to have forgotten when he launched an outraged #Twitter tirade at Apple's new measures last week)
Read 11 tweets
17 Aug
1/

#Cryptocurrency has cross-border promise as more and more people are using #crypto to send money to family and friends abroad

@MorningBrew @haydenfield
bit.ly/3AEXzIM
2/
$540 billion in remittances flowed to low- and middle-income countries in 2020, per the #WorldBank

Most #remittance payments are made via wire transfer or bank transfer

Watch how #CBDCs could change this
bit.ly/3roCnDI
3/
Some of the biggest players in the money transfer space, like #WesternUnion and #MoneyGram, are beginning to team up with #crypto firms

With #crypto, you’re using a bank; with traditional, you're using an exchange/or holding company

@WiserIn10
Read 4 tweets
16 Aug
Do you know what a ‘Dark Kitchen’ is?

It’s the new trend for commercial kitchens that only prepare food for the rapidly growing #food delivery marketplace

And #Wendys are the latest to announce 700 new kitchens!

@WiserIn10
engt.co/3g7C9fD
Meanwhile, @FPratty for @Siftedeu report that #Uber founder, Travis #Kalanick is behind a growing network of #dark kitchens across Europe

This is a controversial and competitive space
Other dark kitchen operators in Europe include #Glovo, #Deliveroo, #KarmaKitchen and #Curb

#Deliveroo plans to double the number of dark kitchens it has worldwide across this year
Read 7 tweets

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