Asia
In AI, U.S. Economic Statecraft Must Fire on all Cylinders
On August 13, 2018, President Trump signed the Foreign Investment Risk Review Modernization Act of 2018 (FIRRMA). The law's intent is to stop China's acquisition of critical technologies -- the'crown jewels' of U.S. global power. FIRRMA expands the powers of the Committee on Foreign Investment in the United States (CFIUS) to review the national security implications of foreign investments. The CFIUS reform bill subjects more transactions to review and mandates that foreign investments in critical technologies are reported to the committee. Championed initially as a strong response to China's technology transfer strategy, FIRRMA's passage, coupled with ongoing trade and IP tensions, caused Chinese investments into U.S. technology firms to decline by 79% in 2018.
Weapon makers declare war on drones
Arms manufacturers are rushing to develop missile systems to take down drones. Arms makers are targeting the growing menace of drones at airports and on battlefields with a rush to develop new missile systems, radar jammers and laser cannons. U.S. forces, along with Middle East allies and Russian troops, have been forced to confront hostile drone operations. Commercial flights at some of the world's busiest hubs--in New York, London and Dubai--have been grounded in recent months amid concerns that nearby drones could endanger airliners. The rising number of incidents has put the threat in the public eye and propelled interest in anti-drone technology.
Students grasp machine learning - Orissa POST
BHUBANESWAR: Cloud Study Jam, an intuitive event for students, was organised by Developers Student Club KIIT at Campus 15, KIIT (Deemed to be university) here Sunday. The chief speaker of the event was Sanjib Parida, a machine learning expert from Orbonix Labs. The attendees were KIIT students from 1st, 2nd, 3rd and 4th year from all branches of engineering. Students who want to get start with Google Cloud can join'Developer Student Club KIIT' as this is one of the best platforms to learn the tech. Manzar Hasnain, Lead, DSC KIIT, kick started the session by briefing the attendees about working and impact of Developer Student Clubs around the world and in India.
5 Things to Keep in Mind Before Starting an AI Company
While Artificial Intelligence (AI) is seeing massive growth and adoption in India, some entrepreneurs are still sceptical about adopting this fast-evolving technology-based business model. According to industry data, start-ups were recorded to have witnessed 108% growth in AI funding in India in 2018, while in 2016, $150 million dollars had been invested into India's AI sector by private players and has since been increasing. Despite the huge increase, people are still trying to avoid implementing AI software. What has been keeping the majority of these marketers away from adopting this fast-developing technology is "Uncertainty" and lack of AI's basic knowledge. Many executives and entrepreneurs still don't know how to make effective use of this technology to generate a huge return on their investment.
India science guru touts AI tech as a force for good
The notion of "inclusive innovation" is gaining increased attention as new technologies and breakthroughs, while enhancing development and convenience, bring about inequality and social instability. The latest talking point is artificial intelligence, where scenarios being discussed point to an even more unequal and destabilizing future for many. However, R.A. Mashelkar, an Indian science guru and a major prophet of inclusive innovation, believes the future with AI will not be as bleak as many people think. "Any new emerging technology has its pluses and minuses," Mashelkar told the Nikkei Asian Review during a recent trip to Japan, as he was invited to speak at a symposium on inclusive innovation. The 76-year-old renowned scientist believes the value of technology depends on "how we use it for the good of the people."
AI Revolution in Indian Banking
In the six decades since the term "Artificial Intelligence" (AI) was conceived, it has evolved from an other-worldly idea that machines could "think," to a technology that is pervasive and penetrating every aspect of daily life in countless practical applications. It's not surprising then that consumers have begun to demand this type of experience across the board, especially from their banks and other financial services providers. The industry has responded in turn, increasing investments in AI-related startups and firms in India and across the world. All the major stakeholders of a bank are seeing significant benefits of AI deployment, ranging from an enhanced customer experience and a higher operational efficiency to substantially lowered costs from various banking processes. But along with these multiplying benefits come critical challenges that are, for now, inherently associated with this evolving technology, and need to be treated with extreme care.
Could car design actually disappear?
"Could car design disappear, like design has disappeared on phones?" As a rhetorical question for a car designer to ask, it's a bit of an existential one. Especially a designer who's designed one of the very things he fears might be responsible for the death blow: an autonomous electric pod-lounge. This is Samuel Chuffart, head of design at Icona. We'll come to them in a moment.
Could car design actually disappear?
"Could car design disappear, like design has disappeared on phones?" As a rhetorical question for a car designer to ask, it's a bit of an existential one. Especially a designer who's designed one of the very things he fears might be responsible for the death blow: an autonomous electric pod-lounge. This is Samuel Chuffart, head of design at Icona. We'll come to them in a moment.