Africa
How Gandhi Would Lead Us Toward An AI Future
Every discussion about artificial intelligence seems to alternate between utopia and dystopia. Some believe that the productivity unleashed through automation will lift up all of society, creating a world of superabundance and more meaningful work, while others see robots taking our jobs and an acceleration of trends favoring capital over labor. In fact, in an article in Harvard Business Review, Accenture's Mark Knickrehm describes five distinct schools of thought, ranging from both extremes to various shades of gray in between. He suggests that leaders need to reinvent operating models, redefine jobs and include employees in the process of transformation. Yet that's easier said than done.
Xiaomi, Aramco Will Likely List in Hong Kong, Exchange Chief Says
The proposed changes include permitting IPOs that restrict shareholders' voting rights, secondary listings by Chinese and international companies already listed elsewhere and primary listings by unprofitable biotech firms. The reforms are set to become effective April 30. The exchange will begin taking listing applications in early May, Mr. Li said. "This probably is the largest reform we've ever had in the last 25 years," he said, adding that it's "only a matter of time" before the likes of Alibaba and Xiaomi list in Hong Kong. Mr. Li is one of several speakers who are discussing some of the most compelling ideas emerging globally.
Five ways China's past has shaped its present
To understand today's headlines about China's approach to issues such as trade, foreign policy or internet censorship, turn to its past. The country is perhaps more aware of its own history than any other major society on earth. That remembering is certainly partial - events like Mao's Cultural Revolution are still very difficult to discuss within China itself. But it is striking how many echoes of the past can be found in its present. China remembers a time when it was forced to trade against its will.
World's first Hyperloop system could be in Abu Dhabi by 2020
The world's first commercial Hyperloop will be running in Abu Dhabi by 2020 and could hurtle passengers around at speeds of up to 760mph (1,200 kmh). The track - which will be around six miles (10km) long - will be close to Al Maktoum International Airport on the border of Abu Dhabi and Dubai. The plan is to have the first section of the track ready for Expo 2020 - which is being held in Dubai - with plans to eventually extend the network to Riyadh, Saudi Arabia, nearly 621 miles (1,000km) away. The world's first commercial Hyperloop will be running in Abu Dhabi by 2020 and could hurtle passengers around at speeds of up to 760mph (1,200 kmh) (concept image) Hilarious moment puppy doesn't want to walk anymore Coronation Street's Rana and Kate caught naked in bed by parents Hilarious moment Billie's daughter Nelly claims she is constipated The track - which will be around six miles (10km) long - will be close to Al Maktoum International Airport on the border of Abu Dhabi and Dubai (concept image). Culver City-based company Hyperloop Transportation Technologies (HyperloopTT) says the super-fast system could also be used to carry cargo from the country's ports and harbours.
Derivation of Convolutional Neural Network from Fully Connected Network Step-By-Step
In image analysis, convolutional neural networks (CNNs or ConvNets for short) are time and memory efficient than fully connected (FC) networks. What are the advantages of ConvNets over FC networks in image analysis? How is ConvNet derived from FC networks? Where the term convolution in CNNs came from? These questions are to be answered in this article.
Amazon's Jeff Bezos says Amazon Prime members top 100 million
Amazon.com CEO Jeff Bezos tours the facility at the grand opening of the Amazon Spheres in Seattle on Jan. 29, 2018. Amazon's Jeff Bezos said it counts more than 100 million paying members for Amazon Prime, the delivery and content business that's at the heart of its sales growth. The CEO and founder, in his annual letter to shareholders, said last year more members joined Prime than in any previous year. Prime subscribers spend a lot more on Amazon -- $1,300 per year on average -- compared to about $700 for non-Prime members, according to Consumer Intelligence Research Partners. "One thing I love about customers is that they are divinely discontent. Their expectations are never static – they go up," said Bezos. We didn't ascend from our hunter-gatherer days by being satisfied. People have a voracious appetite for a better way, and yesterday's'wow' quickly becomes today's'ordinary'. I see that cycle of improvement happening at a faster rate than ever before. It may be because customers have such easy access to more information than ever before – in only a few seconds and with a couple taps on their phones, customers can read reviews, compare prices from multiple retailers, see whether something's in stock, find out how fast it will ship or be available for pick-up, and more. These examples are from retail, but I sense that the same customer empowerment phenomenon is happening broadly across everything we do at Amazon and most other industries as well.
In Q1 2018, FinTech Startups Raise Record Amounts While Deal Counts Fall - Crunchbase News
Crunchbase News has covered the U.S. FinTech space a great deal since the start of the quarter. From looking at FinTech's early-stage stars of 2017 and 2018 to NYC's growing fintech scene, to traveling down south to Atlanta, which has a FinTech startup scene of its own. To get a hold on the space in Q1 2018, we take a look at venture dollar invested into U.S.-based FinTech startups quarter by quarter since 2016. Crunchbase News's definition of FinTech encompasses a broad range of startups that leverage deep learning technology and big data in order to streamline tax processes, make paying friends easier, and provide better insurance options.1 Since 2016, more than $15.6 billion has been invested in seed, early, and late-stage U.S.-based FinTech startups. Total dollar volume saw an increase of 25 percent year over year from 2016 to 2017.
How Plentiful Are Machine Learning Jobs In 2018?
How plentiful are machine learning jobs in 2018? Machine Learning jobs are everywhere. USA has been the leader in machine learning, and in tech hubs like Silicon Valley, it seems as though every company has data scientists employed. The trend has spread to the rest of the country, and there are no indications that any of this is slowing down. Europe has been lagging behind in industry adoption, but is catching up in a big way.
AI-powered surveillance to make Dubai the "world's safest" smart city
A Brazil-based security firm has claimed that its futuristic artificial intelligence and camera technology could make Dubai the world's safest smart city. Speaking to Tahawul Tech on the sidelines of the Future Cities Show in Dubai this week, Polsec CEO Renato Werner explained how the technology has played a part in reducing the crime rate of Manaus – the capital of Amazonas state in Brazil, by 70 percent. Polsec's technology is now being tested across India in Mumbai, Delhi and Agra, and Werner has high hopes that it can soon be brought here to the Middle East. "I had a conversation with a colleague that was responsible for installing the security surveillance system at Terminal 5 in Heathrow Airport, and he implemented over 5,000 cameras," said Werner. "For every 8 cameras, an individual employee is required to keep watch and analyse the footage, meaning you need a huge team – and they can only work for a maximum of 4 hours at a time. With our technology, we don't require humans to gain insight, as the artificial intelligence can make decisions instantaneously when certain situations arise."