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Trade jobs in Southern California have jumped, but policy and labor challenges loom

Los Angeles Times

Southern California has experienced a boost in trade and logistics employment in the last decade, but policy and labor challenges lie ahead, according to a new economic report. Trade-related jobs increased nearly 10% from 2005 to 2015, more than double the overall regional employment increase of 4.2%, the report released Monday by the Los Angeles County Economic Development Corp. found. Warehousing and logistics jobs led the charge, jumping 55.1% over the decade, said the report, titled "Trade & Logistics in Southern California." The growth came at a cost, however. Wages in warehousing dropped 9% during the period, compared with an increase of almost 3% in the industry overall, which includes the highly paid dockworkers at the ports of Los Angeles and Long Beach, the nation's largest cargo complex.


Bayesian optimisation for fast approximate inference in state-space models with intractable likelihoods

arXiv.org Machine Learning

We consider the problem of approximate Bayesian parameter inference in non-linear state-space models with intractable likelihoods. Sequential Monte Carlo with approximate Bayesian computations (SMC-ABC) is one approach to approximate the likelihood in this type of models. However, such approximations can be noisy and computationally costly which hinders efficient implementations using standard methods based on optimisation and Monte Carlo methods. We propose a computationally efficient novel method based on the combination of Gaussian process optimisation and SMC-ABC to create a Laplace approximation of the intractable posterior. We exemplify the proposed algorithm for inference in stochastic volatility models with both synthetic and real-world data as well as for estimating the Value-at-Risk for two portfolios using a copula model. We document speed-ups of between one and two orders of magnitude compared to state-of-the-art algorithms for posterior inference.


E3 2017: Here's what you missed from video game showcase

USATODAY - Tech Top Stories

From left, the Xbox One X and Xbox One S are shown at the Xbox E3 2017 Press Conference in Los Angeles. LOS ANGELES -- It was a busy weekend for fans of video games with the Electronic Entertainment Expo unofficially kicking off Saturday. On Sunday, companies including Microsoft and Bethesda Softworks rolled out the red carpets to fans and media, with updates on video games and hardware arriving later this year and beyond. Electronic Arts hosts a EA Play event Monday to reveal its new projects and gave players a chance to check out their latest titles. We're here to help you catch up: Project Scorpio is now Xbox One X.


Amazon's Alexa vs. Google's Assistant: Same Questions, Different Answers

#artificialintelligence

The cheetah can accelerate from zero to 96.6 kph in under three seconds. These cases show where the Google approach gives inferior answers. If you type the first question into Google, you get a "Popular on the web" snippet with photos of several candidates. Google just reads this, even omitting any kind of pause after "web" and before "cheetah." To top it off, the correct answer isn't even in the list it reads, and appears 10th in the list of animals. In the second question, you also don't get the correct answer from Google.


Xbox One X is unveiled by Microsoft at E3 in Los Angeles

Daily Mail - Science & tech

'That is what the future of gaming is going to look like.' Microsoft is also courting players by working to make more popular games from earlier Xbox console versions playable on its latest hardware. Microsoft also just launched a subscription service for Xbox, letting players pay a monthly fee for access to a videogames library for its console. Sony makes a library of videogames available as part of a subscription service for PlayStation consoles. Attendees wear t-shirts reading'Nerd Must Die, I Witnessed the Most Powerful Console Ever' at E3


Inbest.ai: "Chatbots Are Perfect To Make Finance More Accessible"

#artificialintelligence

How would you describe Inbest.ai in a few words? Inbest.ai is an enterprise bot builder platform for financial institutions to build, manage and optimize chatbots for customer engagement. Chatbots are transforming investment services from static websites and apps to intelligent personal conversations in messaging applications. Our platform allows financial institutions to access this new channel. What inspired you to create the chatbot builder?


E3 2017: The 5 biggest reveals during the Xbox event

USATODAY - Tech Top Stories

Xbox chief Phil Spencer speaks on stage at the Microsoft Xbox E3 2017 Briefing at the Galen Center in Los Angeles, California. The Electronic Entertainment Expo (E3), which focuses on new products and technologies in electronic gaming systems and interactive entertainment, takes places June 13-15 at the Los Angeles Convention Center. LOS ANGELES -- The show floor doesn't open until Tuesday, but E3 has already kicked off. On Sunday, Microsoft was the first of the three video game console makers to hold their annual media event ahead of the Electronic Entertainment Expo. The highlight was their hardware, but there were some other interesting details unveiled by Microsoft. Prepare to hear this a lot between now and November 7: "the world's most powerful console."


Microsoft debuts powerful new Xbox One X in bid to outdo rival PlayStation

The Japan Times

LOS ANGELES – Microsoft on Sunday unveiled Xbox One X -- billing it as the most powerful video console ever made, and escalating a battle with market king PlayStation. The $499 product was built with the muscle for seamless play on ultra-high definition 4K televisions and will be available worldwide on Nov. 7, according to Xbox team leader Phil Spencer. He introduced the much anticipated Xbox One X, called Scorpio during development, at a Microsoft event ahead of the official opening of the major Electronic Entertainment Expo in Los Angeles. Aiming at the hearts of gamers, Microsoft also showed off 42 coming games, with 22 titles being tailored for exclusive play on Xbox One consoles. Independent publishers tend to make blockbuster titles available for play on Xbox, PlayStation and personal computer hardware in an effort to sell creations to as broad an audience as possible.


'Assassin's Creed Origins' arrives October 27th

Engadget

Assassin's Creed Origins will tell you the story of how the assassin brotherhood began, with Bayek, an Egyptian sherif. While the rumors of an Egypt-based title have been around for weeks, we finally got to see how that will shape the stealthy-stabby series. Besides a cinematic introduction, we also got to watch a few minutes of in-game footage, with Bayek on horseback, with his trusty bow, scouting an Egyptian town that appears more lively and richer than its predecessors. The protagonist also taps into a clever little ability that gives him (literally) a birds-eye view of areas in-game, without having to scale towers and walls. Battles look relatively unchanged from older Assassin's Creed titles, although arrows and other projectile weapons appear to stick around longer in the sides of your enemies and wildlife.


Halftime: Nairobi Women in Machine Learning and Data Science.

#artificialintelligence

One of my very good friends, who hadn't been in a relationship for the longest time has been celebrating his six month relationship anniversary all of this month. And he's gone all out, from proposing, to travel around the country and a major party with friends and family. After the said party, I was definitely pumped up to celebrate things in my life that have lasted beyond the first day despite all odds… So I got home and partitioned my notebook into four parts then in between beer breaks took time to fill in the four slots as a way to celebrate consistency. The last two quadrants were actually really hard to fill and are still a work in progress. The first thing I wrote down was Nairobi WiMLDS which will have lasted six months, this month!! Nairobi WiMLDS, is a community of women (and men) with interests or working in data science.