Haribo gummy candies owe their popularity to the Riegel family embracing innovation and having a strong grasp of business. Haribo’s founder, Hans Riegel, knew that candy was all about appearance and taste. Riegel first established a foothold as a candy entrepreneur by perfecting his gummy bears with the latest confectionary flavour and colour technology. When his sons took over in 1945, they boosted the company’s popularity even more by being one of the first to advertise on television, a new marketing tool at the time. Read full article here
Societal Issues
AI Predicts Crime A Week In Advance With 90 Per Cent Accuracy
An artificial intelligence model built by Ishanu Chattopadhyay and his colleagues analysed crime data in Chicago from 2014 to 2016 and managed to predict future levels of crime down to the nearest 300 metres, a week before they actually happened. While extremely useful, this artificial intelligence has been shown to expose racial prejudice in law enforcement. Hopefully, as the study’s data and methodology have been made available for others to evaluate, these prejudices can be avoided in the next iteration. Read full article here