Asia
gulftoday.ae Experts call for special Artificial Intelligence law
DUBAI: There should be a mechanism for assigning balanced responsibility among AI designers, producers and users, experts at the second session of the Dar Al Khaleej Conference on Saturday agreed. Chairman of the Private Law Department at United Arab Emirates University, Dr. Emad Abdel Rahim Dahiyat, presented a paper on the "Legislative and Legal Framework for Artificial Intelligence Institutions in the UAE." He said, "We are in an environment where programming companies are designing software capable of reading and analysing documents, forecasting disputes and proposing legal settlements." Apart from Artificial Intelligence's humanitarian uses like in medicine and education, he explained, it is being assimilated into the military field such as in military equipment and electronic warfare. In his paper, he discussed challenges in AI-based agreements, regarding who to be held liable, and the current local and global legislative system and shortages to be tackled in order to activate AI in the UAE.
How emerging technology is re-inventing the medical profession
Healthcare is undoubtedly one of the most crucial sectors for any nation, and obviously a matter for governmental and the private sector's focus. The healthcare system is tasked to ensure that society stays healthy at a reasonable expense. The way healthcare organisations are managed impacts the professional growth and satisfaction of doctors, nurses, counsellors and other healthcare professionals. Yet healthcare is often under resourced; can innovations within the industry reduce costs and improve outcomes? Emerging technology is completely transforming the business models of hospitals and health providers, changing the work of care professionals forever.
Astro Boy manga sketches fetch record price at Paris auction
PARIS โ A rare series of sketches of Japanese manga artist Osamu Tezuka's robot character Astro Boy sold for a record โฌ269,400 (ยฅ35.1 million) at an auction in Paris Saturday. "It's a world record for this artist whose works are few in the market," said Eric Leroy, an expert on comic strips in the auction house Artcurial. The winning bid was five times the pre-sale estimate and Leroy put this down to "the rarity and exceptional character" of the China ink and water color strip, which measures 35 cm by 25 cm. It was drawn at the end of the 1950s and comprises six panels showing Astro Boy fighting an enemy. The buyer was a "European collector who had been dreaming for a long time" of buying the sketch, he said.
The Geopolitics of AI
Artificial intelligence (AI) is becoming a strategic imperative with various nations announcing centralized plans and initiatives to remain globally competitive. Automation is on the rise due to recent breakthroughs in deep learning, the availability of big data, decentralized computing via the cloud, and improved AI algorithms. "For governments, there is an urgent need to support both firms and citizens to ensure that they benefit from the AI-powered digital economy. This means preparing workers for rapidly changing job requirements, facilitating AI investment and adoption, and solving for broad-based, productivity-driven economic growth." Globally the most active AI hubs are in Silicon Valley, New York, Beijing, Boston, London, and Shenzhen [1].
Is Saudi Arabia biting off more than it can chew?
With plans for brand new megacities, allowing women to drive and foreign-run cinemas, Saudi Arabia's Crown Prince Mohammed bin Salman is on a charm offensive trying to promote his country as an international investment destination. The strategy aims at luring foreign money to help the world's biggest oil exporter create a new economy away from oil dependency in order to prevent future instability. On Wednesday, the International Monetary Fund (IMF) said Riyadh's break-even oil price for 2018 is likely to be around $88 a barrel. North Sea Brent is currently trading down around $74 a barrel. And although the oil price is up considerably from 2014, the director of the IMF's Middle East department Jihad Azour said the focus in Saudi needs to remain on economic and social reforms.
IvyCamp introduces AI into its startup-centric online networking platform
AI will provide corporates, mentors, investors, and other members of networking platform IvyCamp with a seamless platform to find and evaluate innovative solutions. IvyCamp, an initiative of IvyCap Ventures Advisors Private Ltd, has injected artificial intelligence into its startup-centric online networking platform that caters exclusively to startup founders, mentors, and investors (including corporates) to connect and converse. The AI will help the platform to match and map the interest of various stakeholders based on the criteria laid down by them for a more refined search and output. IvyCamp's networking platform, launched with basic features more than a year ago, has more than 4,500 registered members. It is the second such online startup-centric networking platform currently in operation in India.
Opinion Artificial intelligence will sharpen the East-West divide
This is the weekend roundup of The WorldPost, of which Nathan Gardels is the editor in chief. Technology is not a neutral tool. Its use is infused with the cultural ethos of those who deploy it. Digital connectivity may have been conceived in the algorithmic imagination of Silicon Valley libertarians as a way to free the individual from institutions. But in the hands of China's institutional civilization, shaped for millennia by a communitarian and authoritarian mindset, it further empowers the state.
How do emerging technologies affect the creative economy?
Research suggests some ways artificial intelligence, augmented reality, virtual reality, and blockchain are reshaping creative work. New technologies are reshaping the way we live and work, and their effects naturally touch the creative economy--art, journalism, music, and more. As artificial intelligence (AI), augmented reality, virtual reality (VR), and blockchain continue to emerge as powerful forces, could they be used to greater benefit? Our paper, Creative Disruption: The impact of emerging technologies on the creative economy, presents the findings of a joint project, conducted by McKinsey & Company and the World Economic Forum, which studied the impact of these technologies on the creative economy. The project team conducted more than 50 interviews with experts from Asia, Europe, and North America, as well as three workshops in China and the United States with World Economic Forum constituents.