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Steer Clear of the Hype: 5 AI Myths - Smarter With Gartner
A little bit of hype can build excitement about potential, while too much leads to false hopes and misguided planning assumptions. "Right now, the myths surrounding artificial intelligence (AI) are rampant," says Alexander Linden, research vice president at Gartner. "Wisely for now, most organizations' commitments are tentative and more oriented toward experimenting and learning, rather than trying to transform their enterprise or industry as fast as they can." Enterprise architecture and technology innovation leaders must walk a fine line between embracing and overplaying AI technologies' role in delivering business value for digital business. "Leaders shouldn't trust any of the myths and hype around AI. Instead, they must become centers of expertise if they are going to educate senior business executives on the real benefits -- and shortcomings -- of AI," says Linden.
Artificial intelligence: The future of finance?
Could artificial intelligence be the future of finance? Stock markets are overrun with AI traders, and Swedish banks now use AI chatbots or'virtual consultants' to answer client's queries; a move echoed by Discovery Health, Absa Bank and Lancewood. In 2012, a glitch in the system on the US stock market saw Knight Capital Group mistakenly sell off $440 million worth of shares. We spoke to the big players in finance and AI to find out more. "We are aware of the role artificial intelligence can play in the financial sector, particularly in the stock market," says Michael Kebai, senior manager of Capital Markets at the Financial Services Board (FSB).
Deep Learning with TensorFlow: Giancarlo Zaccone, Md. Rezaul Karim, Ahmed Menshawy: 9781786469786: Amazon.com: Books
Giancarlo Zaccone has more than ten years of experience in managing research projects both in scientific and industrial areas. He worked as researcher at the C.N.R, the National Research Council, where he was involved in projects relating to parallel computing and scientific visualization. Currently, he is a system and software engineer at a consulting company developing and maintaining software systems for space and defense applications. He is author of the following Packt volumes: Python Parallel Programming Cookbook and Getting Started with TensorFlow. Rezaul Karim has more than 8 years of experience in the area of research and development with a solid knowledge of algorithms and data structures, focusing C/C, Java, Scala, R, and Python and big data technologies such as Spark, Kafka, DC/OS, Docker, Mesos, Hadoop, and MapReduce.
US Says Drone Strike Kills 3 Al-Shabab Extremists in Somalia
A 22,000-strong multinational African Union force known as AMISOM has been helping to support Somalia's fragile central government after more than two decades as a failed state. Both it and the U.S. military are trying to prepare Somalia's armed forces to take over the country's security before AMISOM's planned departure by the end of 2020.
Elon Musk warns battle for AI supremacy will spark Third World War
Elon Musk is worried about governments, specifically the Russian one, competing for artificial intelligence superiority and sparking World War III. That shocking statement was made all the more shocking by the low expectations the world seems to have for Russia, which US Senator John McCain dismissed just a few years ago as a "gas station masquerading as a country." Recent remarks by Russian President Vladimir Putin grabbed Musk's attention. Speaking to schoolchildren about AI on 1 September, Putin declared, "Whoever becomes the leader in this area will rule the world." Musk's response emerged on Twitter: "It begins..." Actually, Russia isn't "beginning" anything when it comes to AI.
Take Elon Musk Seriously on the Russian AI Threat
Elon Musk is worried about governments, specifically the Russian one, competing for artificial intelligence superiority and sparking World War III. That shocking statement was made all the more shocking by the low expectations the world seems to have for Russia, which U.S. Senator John McCain dismissed just a few years ago as a "gas station masquerading as a country." Recent remarks by Russian President Vladimir Putin grabbed Musk's attention. Speaking to schoolchildren about AI on Sept. 1, Putin declared, "Whoever becomes the leader in this area will rule the world." Musk's response emerged on Twitter: "It begins..." Actually, Russia isn't "beginning" anything when it comes to AI.
What the Industrial Revolution Really Tells Us About the Future of Automation and Work
As automation and artificial intelligence technologies improve, many people worry about the future of work. As automation and artificial intelligence technologies improve, many people worry about the future of work. If millions of human workers no longer have jobs, the worriers ask, what will people do, how will they provide for themselves and their families, and what changes might occur (or be needed) in order for society to adjust? Many economists say there is no need to worry. They point to how past major transformations in work tasks and labor markets – specifically the Industrial Revolution during the 18th and 19th centuries – did not lead to major social upheaval or widespread suffering.
Rise of robots taking jobs to be 'painful and enduring'
As automation and artificial intelligence technologies improve, many people worry about the future of work. If millions of human workers no longer have jobs, the worriers ask, what will people do, how will they provide for themselves and their families, and what changes might occur (or be needed) in order for society to adjust? Many economists say there is no need to worry. A recent report from the International Labor Organization found that more than two-thirds of Southeast Asia's 9.2 million textile and footwear jobs are threatened by automation They point to how past major transformations in work tasks and labor markets – specifically the Industrial Revolution during the 18th and 19th centuries – did not lead to major social upheaval or widespread suffering. These economists say that when technology destroys jobs, people find other jobs.
5 Banking Tech Trends for 2017 - Chris Skinner's blog
Without a doubt, 2016 was the year'disruption' became tangible. Events like Brexit, the U.S. election and India's demonetization exercise brought home the reality we are living in a fast-changing global society where a sense of anti-establishment and rebellion is accelerating change. This shows no sign of stopping in 2017, with new technologies allowing banks to offer service levels more synonymous with hospitality than financial services, and with established technologies like artificial intelligence and robotic process automation seeing a resurgence in combination with new voice commerce models, IoT data, and robo advisors to offer more personal, more contextual and ultimately unique banking experiences for each and every one of us. In meeting with decision-making executives from the U.S to Europe, the Middle East, India and Singapore, I have compiled a clear list of trends that are dominating technology investment discussions across the globe's leading banks. In 2016 we already saw several leaders' like DBS, Santander, Wells Fargo and Bank of America roll out their chatbots, but 2017 is the year when the rebirth of this very old technology will come into its own.
How Professional Drone Pilots Are Helping Houston Recover From Hurricane Harvey
Less than a week after the last drops of Hurricane Harvey fell, Houston is just beginning to assess the damage. At least 46 people have died. More than 30,000 houses are flooded and as many as a million vehicles waterlogged. Early estimates suggest the hurricane has inflicted $120 billion in damage on the region, making it the most expensive natural disaster in the country's history. "This is going to be a massive, massive cleanup process," Texas governor Greg Abbott told ABC's Good Morning America on Friday.