CHIBA, JAPAN - OCTOBER 15: A robot arm controlled remotely by an operator is seen in the ANA ... [ ] Holdings Inc. booth during the Ceatec Japan 2019 consumer electronics show on October 15, 2019 in Chiba, Japan. For all the high-technology available and widely adopted in the business world, many traditional industries have not been significantly impacted by it. Sure, developments in 3D printing, big data, cloud computing have created new industries unto themselves. Yet many classic industries, such as healthcare and insurance, have not tapped into the true potential of technologies like artificial intelligence to change the way they do things. That being said, there are always innovators and pathfinders that pursue revolutionary change in their industry.
Prime Minister Narendra Modi on Sunday urged business leaders and technocrats to build a'bridge' between the artificial intelligence (AI) and human intentions, while stating that his government is using technology to effectively deliver the benefits of welfare schemes to targeted groups. Addressing a gathering of several top business leaders including Ratan Tata, Prime Minister Modi said technology should be used to uplift the life of the poor and the marginalised sections of the society in the country. "There should not be a debate on the dangers of artificial intelligence, but there should debate as to when the robot will be smarter than the human. There should be a debate as to how a bridge can be made between artificial intelligence and human intentions," he said. Prime Minister Modi said that a section of people are working to project technology as anti-people and asserted that technology only benefits humanity if it is used with good intentions.
OpenAI has come up with a new robot capable of solving a Rubik's Cube with a single hand. The AI-based company trained neural networks in simulation using reinforcement learning to make this achievement possible. The company has been working on this project since May 2017 and has now achieved its goal marking this as a milestone towards its progress in the field of AI. The time taken by the robotic hand varies depending on how the cube is shuffled but on average, it takes about four minutes to solve the puzzle. However, it is worth noting that this is not the first-ever robot that managed to solve the Rubik's cube.
Managing supply chain is one of the biggest technological opportunities in the world. The potential to disrupt inefficiencies using innovations has led several startups, especially in India, to rise to the challenge. GoBOLT, a Gurugram-based tech startup, was founded in late 2015, to take on the mammoth and unorganised logistics industry in India. Founders Sumit Sharma, Parag Aggarwal, Naitik Baghlaall come from corporate backgrounds, having worked in companies like Ernst & Young, J M Financial, GSK, and Tata Motors. The idea for GoBOLT was born during Sumit's travels, while travelling to developed economies like the US and Canada, where asset utilisation in the trucking industry is very high.
Tank warfare isn't traditionally easy to predict. In July 1943, for instance, German military planners believed that their advance on the Russian city of Kursk would be over in ten days. In fact, that attempt lasted nearly two months and ultimately failed. Even the 2003 Battle of Baghdad, in which U.S. forces had air superiority, took a week. The U.S. Army has launched a new effort, dubbed Project Quarterback, to accelerate tank warfare by synchronizing battlefield data with the aid of artificial Intelligence.
Armed violence is on the rise and we don't know how to stop it1. Since 2011, conflicts worldwide have killed up to 100,000 people a year, three-quarters of whom were in Afghanistan, Iraq and Syria. The rate of major wars has decreased over the past few decades. But the number of civil conflicts has doubled since the 1960s, and terrorist attacks have become more frequent in the past ten years. The nature of conflict is changing.
Recent surveys, studies, forecasts and other quantitative assessments of the progress of AI highlighted the rapidly increasing expectations regarding the business benefits of AI and the low incidence of business gains so far; the increasing adoption of AI by businesses worldwide and the challenges in its implementation and integration with exiting processes; and how companies respond to AI by both reducing and training their workforce. The report estimated the combined AI spending from large-capitalization financial institutions at more than $150 billion annually. In the past two years, BB&T Corp. has embraced a digital-first approach to plugging in artificial intelligence and robotics into its back-office, customer-service and compliance operations. That should eclipse the 1,281 companies that raised $16.8 billion in all of 2018, according to the 3Q 2019 PitchBook-NVCA Venture Monitor [VentureBeat] "The values of AI designers or the purchasing administrators are not necessarily the values of the bedside clinician or patient. Those value collisions and tensions are going to be sites of significant ethical conflict"--Danton Char, assistant professor of anesthesiology, perioperative and pain medicine at Stanford University Medical Center "I don't yet fully subscribe to the view that the machine is completely autonomous and operates without human intervention. At least as of today, and probably the foreseeable future, the AI machine is just another tool"--Andrei Iancu, director of the U.S. Patent and Trademark Office, speaking about recognizing AI systems that develop new products as inventors "If leaders think about AI like a balance sheet, then they're missing the point. You need to get emotional attachment to the disruptive nature that it can bring"--Werner Boeing, CIO, Roche Diagnostics "The major upside for us is driving more engagement....Right behind that is the ability to monetize this and generate incremental revenue for us and for our clubs....This data's going to be hugely valuable"--Dave Lehanski, NHL senior vice president of business development and global partnerships
An international competition in artificial intelligence and robotics is set to take place in Dubai this week. The First Global Challenge aims to foster a culture of innovation and creativity in students across the UAE. The four-day event begins on October 24 at the Dubai Festival Arena and more than 1,500 young people are expected to attend. The theme of this year's contest is'Ocean Opportunities', with students competing to tackle issues from pollution to sustainability. "This event comes amidst repeated international calls to strengthen cooperation to find effective solutions to the issue of marine pollution by working on the adaptation of the latest technology," said Ahmed Al Falasi, Minister of State for Higher Education and Advanced Skills.