Carnegie Market Blog

 

Robots, GE and Alexa

Posted by Brent Luce on Jun 20, 2018 3:58:55 PM

Alexa for Hospitality 

By now, we are all familiar with Alexa.  We have learned how to use the AI assistant to play music, buy things, change the temperature, turn off the lights and many other things.  This is just the beginning – now that 50 million Alexa devices are in U.S homes, Alexa is moving beyond the home.   Yesterday, Amazon announced the launch of Alexa of Hospitality and a partnership Marriott to roll this technology out across the world.  This essentially brings the concierge and front desk to your room.  Alexa will be able to handle many tasks like bringing more towels, changing temperature/lighting, ordering food, checking out and many other things.  I wonder what Alexa’s next frontier is?  Watch Alexa for Hospitality in Action

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Topics: $AMZN, Robots, Amazon.com, Alexa

China Used More Cement in 3 Years than the 20th Century

Posted by Brent Luce on Mar 14, 2017 3:24:52 PM

 Amazing Cement Statistic

This is a bit old, but I just read about how China used more cement in three years than the U.S. used in the entire 20th century. Cement is one of the most important substances in human history and its usage is a perfect indicator for growth and construction.  The fact that China used that much cement is a testament to the explosive growth they experienced.  The alleged “fake cities” they built probably did not hurt this growth either. Related:  U.S. Will be Bright Spot for Cement Demand in 2017

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Topics: Robots, Bond Yields, Cement, Dividends

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