Artificial Intelligence, which has suddenly caught the attention of the IT industry and the governments across the world, is facing a large skills shortage, a top Microsoft official has said. The fast-emerging field of Artificial Intelligence, which has suddenly caught the attention of the IT industry and the governments across the world, is facing a large skills shortage, a top Microsoft official has said. The Artificial Intelligence (AI) is also facing the challenge of appropriate use of data, group programme manager of Microsoft Learning Matt Winkler told PTI. "There is a pretty large skills shortage. Lots of folks are talking about it (AI). A lot of folks are very, very excited about it and then they want to go and make that real. And when they go to make that real, there's a really large skills shortage," Winkler said.

The future is already here! Technological companions have long been seen as a key feature of futuristic societies. Well, it seems that the future is now. Whether it's mowing the lawn, vacuuming the house, or just keeping you company, robots are being used to make our daily lives easier. While they might not pilot spaceships or do anything too complex yet, robots are taking over the simple tasks.

The banking industry is changing. In the words of sci-fi author William Gibson, "the future is already here – it's just not evenly distributed." In China, a payments revolution is underway that constitutes a true "Great Leap Forward." While the U.S. is still mapping the path to real-time payments, and scrutinizing the disappointing penetration of mobile payments, China is well on the way to being a cardless, as well as a cashless, society. Nearly 50% of WeChat's billion users have now paid at a retail store using a QR code, while Alipay (with another 500 million users) is seeking to bypass the phone entirely with its "pay with a smile" facial recognition system.

The market for cobots is emerging as a fast-growing segment of the rapidly growing industrial robotics market. Demand for cobots is expected to rise at a CAGR of more than 50 percent over the next decade. Although there are some reasons to assume that the acceptance and implementation of cobots will slow growth somewhat, it is clear that the cobot market is rapidly expanding and the number of use cases will continue to rise. The steadily falling prices of components such as sensors make cobots accessible for SMEs. All markets are expected to see growth rates above 50 percent CAGR, but in a regional sense, expectations are especially high for China, because it still lags in the use of robots, when compared to countries like South Korea, Japan, the US, and Germany.

Few things succeed in riling up the Internet faster, unleashing a unique cocktail of amazement and terror, than a new Boston Dynamics robot video. In the past, the tech company, owned by Japan's SoftBank Group, has released videos showing its robots climbing stairs, executing perfect back flips and opening doors with shocking facility. The company's latest YouTube submission: a 34-second clip of its boxy humanoid robot, Atlas, going for a jog in a grassy residential area on what appears to be a bright spring day. With its electronic appendages unleashing an animatronic whine that falls somewhere between an electronic knife and a Xerox machine, Atlas even stops to hop over a log before casually going on his bipedal way. In only a day, the video has racked up more than 900,000 page views, a testament to the powerful impression that Boston Dynamics's videos continually leave on viewers.

"The spring of investment has come," declares a banner hanging over Zhongguancun Inno Way, a pedestrian walkway tucked behind the high-rise superstores of Beijing's high-tech electronics zone in the city's northwest. Twenty-somethings bustle by clutching coffee and take-out KFC, only the tops of their heads visible as they bury their attention in Chinese-made smartphones. Now the alley--whose Chinese name translates roughly as "Entrepreneurship Street"--is saturated with co-working spaces, cafés, and start-up accelerators. Inside Garage Café, a dark space on Inno Way filled with bleary-eyed entrepreneurs hunched over laptops, I meet 27-year-old Tian Yang. Tian studied at Sydney University, then worked for two years at the Chinese computer company Lenovo.

Who Is Going To Make Money In AI? yesterday Three IIT graduates have created India's first robot buddy for kids 15 days ago

Tokyo, Japan and Princeton, NJ, U.S.A., May 15, 2018 - NEC Corporation (NEC; TSE: 6701) announced today successful transmission tests that took place over a commercial subsea cable measuring more than 10,000 kilometers using artificial intelligence (AI) and probabilistic shaping at a modulation of 64QAM. NEC, in a joint research publication with Google, has demonstrated for the first time that the FASTER open subsea cable can be upgraded to a spectral efficiency of 6 bits per second per hertz (b/s/Hz) in an 11,000km segment. This represents a capacity of more than 26 terabits per second (Tb/s) in the C-band, which is over 2½ times the capacity originally planned for the cable, for no additional wet plant capital expenditure. In doing so, the authors set a spectral efficiency-distance product record of 66,102 b/s/Hz in a field trial performed together with live traffic neighboring channels. The team achieved this result using near-Shannon probabilistic-shaping at a modulation of 64QAM, and for the first time on a live cable, artificial intelligence (AI) was used to analyze data for the purpose of nonlinearity compensation (NLC).

Blockchain technology will aid the Philippine economy to maintain jobs that the advent of artificial intelligence (AIs) is supposed to get rid of, as reported by Edwin Bautista, president, and CEO of Union Bank of the Philippines. "Blockchain could play an important role in the Philippine economy. If we play it right, we have the potential to emerge as one of the leaders in block chain's future." The emerged AIs will eliminate many jobs, and developing the blockchain abilities of Filipinos could cancel out these job losses, Bautista added on the sidelines of the launch of XLOG, a Block chain-based logistics solutions platform developed provincially. The founder and CEO of XLOG creator Shiptek, Eugenio Ynion Jr., repeated Bautista's warning about the threat of robots for hundreds of thousands of Filipino jobs. "Me and my wife just came from China to discuss XLOG with capitalists there, and we were informed by Chinese officials that their country would be needing close to five million IT developers, programmers, etc., over the next five years.

The age of Artificial Intelligence (AI) is almost upon us. Rapid developments in machine learning have allowed us to build better, smarter machines that are capable of making decisions and handling tasks similar to humans. Some of these developments are also being implemented in mobiles to create the next generation of smarter phones. I attended the recent Huawei Global Analyst Summit in Shenzhen to speak with the heads of Huawei's development teams and find out more about the future of AI in mobiles. Huawei is a leading brand in mobile phone technology.