Infosys and The Financial Times Unveil the 'FT Money Machine' Through Immersive Extended Reality Experience
Infosys (NYSE: INFY) and the Financial Times have unveiled the 'FT Money Machine', a digital revival of the 1949 Monetary National Income Analogue Computer (MONIAC). This Extended Reality (XR) experience, accessible through Apple Vision Pro, recreates the MONIAC's functionality while adding interactive features. The app allows users to explore economic scenarios, adjust variables, and see real-time impacts on the economy.
The FT Money Machine incorporates academic backing from the London School of Economics and Cambridge University. It leverages WongDoody's creative expertise to ensure a seamless blend of historical significance and cutting-edge technology. The project aims to revolutionize economics education by providing an engaging, hands-on learning experience that makes complex economic principles more accessible.
Infosys (NYSE: INFY) e il Financial Times hanno svelato la 'FT Money Machine', una rivisitazione digitale del Computer Analogo per il Reddito Nazionale Monetario (MONIAC) del 1949. Questa esperienza di Realtà Estesa (XR), accessibile tramite Apple Vision Pro, ricrea le funzionalità del MONIAC aggiungendo caratteristiche interattive. L’app consente agli utenti di esplorare scenari economici, modificare variabili e osservare gli impatti in tempo reale sull'economia.
La FT Money Machine integra il supporto accademico della London School of Economics e dell'Università di Cambridge. Sfrutta la creatività di WongDoody per garantire una fusione fluida tra significato storico e tecnologia all'avanguardia. Il progetto mira a rivoluzionare l'istruzione in economia offrendo un’esperienza di apprendimento coinvolgente e pratica che renda i principi economici complessi più accessibili.
Infosys (NYSE: INFY) y el Financial Times han presentado la 'FT Money Machine', una revitalización digital de la Computadora Analógica de Ingresos Nacionales Monetarios (MONIAC) de 1949. Esta experiencia de Realidad Extendida (XR), accesible a través de Apple Vision Pro, recrea la funcionalidad de MONIAC mientras añade características interactivas. La aplicación permite a los usuarios explorar escenarios económicos, ajustar variables y ver los impactos en tiempo real en la economía.
La FT Money Machine incorpora respaldo académico de la London School of Economics y la Universidad de Cambridge. Aprovecha la experiencia creativa de WongDoody para garantizar una fusión fluida entre la importancia histórica y la tecnología de vanguardia. El proyecto tiene como objetivo revolucionar la educación económica al proporcionar una experiencia de aprendizaje práctica y atractiva que haga que los principios económicos complejos sean más accesibles.
인포시스(뉴욕증권거래소: INFY)와 파이낸셜 타임스는 1949년 화폐 국가 소득 아날로그 컴퓨터(MONIAC)의 디지털 버전인 'FT 머니 머신'을 공개했습니다. 이 확장 현실(XR) 경험은 Apple Vision Pro를 통해 접근할 수 있으며, MONIAC의 기능을 재현하면서 상호작용 기능을 추가합니다. 이 앱은 사용자가 경제 시나리오를 탐색하고 변수를 조정하며 경제에 대한 실시간 영향을 확인할 수 있도록 합니다.
FT 머니 머신은 런던 정경대학과 케임브리지 대학교의 학문적 지원을 통합합니다. WongDoody의 창의적 전문성을 활용하여 역사적 중요성과 최첨단 기술의 원활한 융합을 보장합니다. 이 프로젝트는 복잡한 경제 원칙을 보다 쉽게 접근할 수 있도록 하는 매력적인 실습 학습 경험을 제공하여 경제 교육을 혁신하는 것을 목표로 하고 있습니다.
Infosys (NYSE: INFY) et le Financial Times ont dévoilé la 'FT Money Machine', une réinvention numérique de l'Ordinateur Analogue de Revenu National Monétaire (MONIAC) de 1949. Cette expérience en Réalité Étendue (XR), accessible via Apple Vision Pro, recrée les fonctionnalités du MONIAC tout en ajoutant des caractéristiques interactives. L'application permet aux utilisateurs d'explorer des scénarios économiques, d'ajuster des variables et de voir les impacts en temps réel sur l'économie.
La FT Money Machine intègre un soutien académique de la London School of Economics et de l'Université de Cambridge. Elle s'appuie sur l'expertise créative de WongDoody pour garantir une fusion harmonieuse entre l'importance historique et la technologie de pointe. Le projet vise à révolutionner l'éducation économique en offrant une expérience d'apprentissage engageante et pratique qui rend les principes économiques complexes plus accessibles.
Infosys (NYSE: INFY) und die Financial Times haben die 'FT Money Machine' vorgestellt, eine digitale Neuinterpretation des Monetary National Income Analogue Computer (MONIAC) aus dem Jahr 1949. Diese erweiterte Realität (XR) Erfahrung, die über Apple Vision Pro zugänglich ist, rekreiert die Funktionalität des MONIAC und fügt interaktive Elemente hinzu. Die App ermöglicht es den Nutzern, wirtschaftliche Szenarien zu erkunden, Variablen anzupassen und die unmittelbaren Auswirkungen auf die Wirtschaft in Echtzeit zu sehen.
Die FT Money Machine integriert akademische Unterstützung von der London School of Economics und der Universität Cambridge. Sie nutzt die kreative Expertise von WongDoody, um eine nahtlose Verbindung zwischen historischer Bedeutung und modernster Technologie sicherzustellen. Das Projekt hat das Ziel, die Wirtschaftsausbildung zu revolutionieren, indem es ein fesselndes, praktisches Lernerlebnis bietet, das komplexe wirtschaftliche Prinzipien zugänglicher macht.
- Collaboration with a prestigious media outlet (Financial Times) enhances Infosys' reputation
- Innovative use of Extended Reality (XR) technology showcases Infosys' capabilities in cutting-edge digital solutions
- Partnership with academic institutions (LSE and Cambridge) adds credibility to the project
- Potential for increased visibility and brand awareness through the Apple Vision Pro platform
- user base due to the requirement of Apple Vision Pro hardware
- Potential high development costs for a niche educational tool
Insights
The collaboration between Infosys and the Financial Times to create the 'FT Money Machine' represents a significant leap in educational technology. By leveraging Apple Vision Pro's XR capabilities, they've transformed a historical analog computer into an interactive digital experience. This innovative approach to economics education could potentially disrupt traditional teaching methods.
The app's use of eye tracking, hand movements and voice commands showcases the advanced human-computer interaction capabilities of modern XR technology. This level of immersion and interactivity could greatly enhance user engagement and learning outcomes. However, the success of this initiative will largely depend on the app's user experience design and content quality, as well as the widespread adoption of Apple Vision Pro devices in educational settings.
While the 'FT Money Machine' is an innovative project, its direct impact on Infosys's financials may be in the short term. The real value lies in the strategic positioning and partnership with a prestigious institution like the Financial Times. This collaboration could open doors to more high-profile projects in the education and media sectors, potentially leading to new revenue streams for Infosys.
Investors should note that this project demonstrates Infosys's capabilities in cutting-edge technologies like XR, which could be a significant growth area. However, the immediate financial impact is likely to be minimal. The long-term benefits will depend on how Infosys leverages this experience to win similar projects and expand its presence in the educational technology market.
The 'FT Money Machine' project taps into the growing edtech market, which is projected to reach
This initiative could spark a trend of reimagining classic educational tools using modern technology. If successful, it might create demand for similar projects across various academic disciplines. However, the market penetration will largely depend on the adoption rate of Apple Vision Pro and similar devices in educational institutions. The high cost of such devices could be a significant barrier to widespread adoption in the short term.
A digital twin of the landmark economic simulator 'The Moniac', the FT Money Machine leverages Apple Vision Pro to deliver an immersive and interactive experience making economics education more effective and accessible
Infosys and The Financial Times have taken economist Bill Phillips' original invention, a hydraulic analog computer created in 1949 that used water to model and study economic systems, as the foundation for a unique Extended Reality (XR) project which revolutionizes how we learn about economics and ensures education at scale. Emphasizing on 'learning by doing', the new XR app, accessible through Apple Vision Pro and available in the App Store, faithfully recreates the Moniac's functionality while adding new, interactive features. This approach bridges the gap between historical analogue computing and modern digital learning, offering an unparalleled educational experience to the global student community.
Users of The FT Money Machine will not only experience the full operation of The Moniac but also can explore and create their own economic scenarios in free play mode. They will be able to interact with the machine using intuitive gestures such as eye tracking, hand movements, and voice commands, allowing them to adjust variables like consumption, taxation, and investment to see real-time impacts on the economy, as well as understand complex economic interactions, predict outcomes of various policy decisions, and enhance economic modelling techniques.
The FT Money Machine also incorporates the academic backing of the London School of Economics (LSE) and
James Lamont, Director of Strategic Partnerships at the Financial Times, added, "The FT has always been committed to fostering a deeper understanding of economics, and the FT Money Machine is a testament to that commitment. Our purpose combined with Infosys' strong technical expertise has helped not only revive an important piece of economic history but also will also redefine how we teach and learn about economics in a digital age."
Ashiss Kumar Dash, EVP and Global Head – Sustainability, Services, Utilities, Resources and Energy, Infosys, emphasized, "At Infosys, we are committed to our purpose of leveraging technology to amplify human potential and create the next opportunity for people, businesses, and communities. Our collaboration with FT for this innovative project that bridges historical innovation with today's most advanced digital technologies to deliver education at scale aligns perfectly with our purpose. By recreating the Moniac as the FT Money Machine, we are providing users with a unique educational tool that makes the complexities of economic systems both accessible and engaging, enabling the exploration and understanding of how money flows through an economy."
The FT Money Machine's three-dimensional interface will offer a comprehensive educational tool for students, educators, researchers, and economic enthusiasts, providing a hands-on learning experience that illustrates economic principles in a way that is both engaging and insightful. By embracing new immersive technologies, it will help transcend the limitations of traditional educational tools, making economic education more effective and accessible.
As part of the launch, Infosys and the Financial Times will host an event at London School of Economics (LSE) on September 18 to celebrate the Moniac's contributions to economic theory and education.
About Infosys
Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.
Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.
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