In the last few years, the arrival of private-hire cars such as Uber, Hitch, or Grab on the market has transformed the mindset of taxi drivers. Previously, they used to live comfortably, facing almost no competitors. As a result, there is little or no incentive for them to improve their service and attitude. Now, given the competitive edge that private-hire cars have over them, taxi companies have no choice but to improve their services.
As this year draws to a close, It is time to take a look back at the biggest ecommerce trends of 2017. The increased use of machine learning and artificial intelligence to automate marketing and merchandising has been a key trend.
Which is more likely to happen? You get assaulted in a mall parking lot and someone comes to your aid, helps ward off the attacker and calls the police? Or, you get assaulted in a mall parking lot and someone holds up a cell phone and records it all the while providing commentary like, “Damn, she’s getting her ass beaten; someone should call the police?”
Nancy Pelosi, minority Democrat leader of the House of Representatives may have lost her way in the jungle of hyperbole when she described the recently passed Tax Cuts and Jobs Act (“TCJA”) as “Armageddon.” The standard definition of Armageddon is the last battle between good and evil that takes place before the Day of Judgment. While the TCJA is certainly an act of legislative vandalism passed by politicians more focused on their own political survival than the good of the country, it is not the end of the world.
I have been reflecting on what to write as we enter 2018. The end of one year and the start of another is a common time for reflection. But something is different this go-around. I don't feel celebratory.
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