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Myntra Bets on Artificial Intelligence to Drive Growth

#artificialintelligence

Fashion portal Myntra, part of India's top e-commerce group Flipkart, aims to use smart technology such as artificial intelligence to enhance consumer experience as it looks to drive growth and turn profitable in the next fiscal year. India's e-commerce market is forecast to grow to $188 billion (roughly Rs. 12,85,042 crores) in a decade as more and more of its 1.2 billion people log on to smartphones and PCs in the world's fastest-growing Internet services market. Players such as Flipkart and Myntra took a page out of Amazon's playbook to offer cash-burning discounts when they launched in 2007 but are now increasingly tailoring their products and experiences to capture a burgeoning Indian market.


Facebook plans to use artificial intelligence to automatically flag offensive live videos

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Facebook is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company's director of applied machine learning. The social media company has been embroiled in a number of content moderation controversies this year, from facing international outcry after removing an iconic Vietnam War photo due to nudity, to allowing the spread of fake news on its site. Facebook has historically relied mostly on users to report offensive posts, which are then checked by Facebook employees against company "community standards." Decisions on especially thorny content issues that might require policy changes are made by top executives at the company. Candela told reporters that Facebook increasingly was using artificial intelligence to find offensive material.


What is True Artificial Intelligence?

#artificialintelligence

In 1997, Garry Kasparov sat down to face his opponent. Kasparov had climbed to the top of the ladder in chess. He became the youngest undisputed World Chess Champion in 1985. When he was only 22 years old he was beating Chess Grandmasters who had a lifetime of experience. Kasparov is one of the greatest Chess Grandmasters of all time.


8 industries robots will completely transform by 2025

#artificialintelligence

Just as ATMs changed banking and computers took over the home and workplace, robots and artificial intelligence are going to transform a bunch of industries over the next decade. By 2025, a machine may be putting together your driverless car in a factory with no human oversight. A robot maid could be cleaning up after you at home, and your financial advisor might be a computer investing for you automatically. And with at least 90 countries operating unmanned aerial vehicles, the wars of the future may increasingly be fought with "drone" aircraft. These are just some of the interesting -- and sometimes scary -- predictions to come from a 300-page report released by Merrill Lynch in November, which estimates the global market for robots and AI will grow from $28 billion to more than $150 billion just five years from now.


Asia's AI Agenda: Positively Inclined

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Survey respondents were asked whether they felt robotics and artificial intelligence (AI) would have a constructive or a destructive effect on several market segments. Their responses were ranked from 1 (AI adoption would result in the destruction of jobs and processes) to 5 (AI would bring a significant increase in the industry's value and efficiency). Across industry sectors, responses were positive, averaging 3.8 on that scale. They were higher in more technology-dependent industries, such as information technology and communications (ITC), logistics, and manufacturing. Tellingly, respondents were even more inclined to see positive benefits from AI for their own industry: most industry participants ranked the impact of AI on their own sector higher than the average.


Flipkart's Fashion Unit Myntra Bets on Artificial Intelligence to Drive Growth

#artificialintelligence

Fashion portal Myntra, part of India's top e-commerce group Flipkart, aims to use smart technology such as artificial intelligence to enhance consumer experience as it looks to drive growth and turn profitable in the next fiscal year. India's e-commerce market is forecast to grow to $188 billion in a decade as more and more of its 1.2 billion people log on to smartphones and PCs in the world's fastest-growing internet services market. Players such as Flipkart and Myntra took a page out of Amazon's playbook to offer cash-burning discounts when they launched in 2007 but are now increasingly tailoring their products and experiences to capture a burgeoning Indian market. Enhancing the consumer experience through technology is key to driving long-term growth, Ambarish Kenghe, Myntra's head of product told Reuters in a telephone interview on Thursday. "This is a little bit like a [cricket] test match - you stay on the pitch and the runs will come," Kenghe said.


Apple Watch patent reveals plans for a ROUND face

Daily Mail - Science & tech

Is Apple's Watch set for a circular overhaul? Patent is titled'Electronic device having display with curved edges' It reveals a smartwatch with a circular display - instead of the square face It shows adding an array pixel rows and columns underneath the display This method would make the entire face of the watch an active area Patent is titled'Electronic device having display with curved edges' A new patent from the Cupertino company illustrates the wearable with a traditional circular display. Google's humanoid robot goes off road (and this time,... A glimpse inside North Korea from the International Space... Meet'Baby Boom': the supersonic passenger airliner that can... Private rovers to visit Apollo 17's abandoned moon buggy... Google's humanoid robot goes off road (and this time,... A glimpse inside North Korea from the International Space... Meet'Baby Boom': the supersonic passenger airliner that can... Private rovers to visit Apollo 17's abandoned moon buggy...


Nasa International Space Station footage reveals what North Korea life is REALLY like

Daily Mail - Science & tech

The footage reveals a glimpse of North Korea's capital city, Pyongyang in May 2016 Numerous landmarks can be seen, including the Kim Il-Sung Stadium and Kumsusan Palace of the Sun Groups of people walking around the city, and cars driving on the streets can be seen in the footage The footage reveals a glimpse of North Korea's capital city, Pyongyang in May 2016 The video, taken by the Iris camera on May 30, provides a distant look at life behind the city walls, with sparse traffic and even pedestrians visible in the clips. How fusion reactors could change the world: Experts explain... Global warming scarred the surface of Mars: Deep canyons and... Why atheists appear so angry: Study finds their... Google's humanoid robot goes off road (and this time,... How fusion reactors could change the world: Experts explain... Global warming scarred the surface of Mars: Deep canyons and... Why atheists appear so angry: Study finds their... Google's humanoid robot goes off road (and this time,... The Kumsusan Palace of the Sun can be seen in the footage as well. 'The world doesn't get many peeks behind North Korea's walls, nor at its capital city, Pyongyang,' Theras A. Gordon Wood wrote in a UrtheCast blog post. Footage captured from the International Space Station has revealed a rare glimpse at North Korea's capital city, Pyongyang.


The five upstarts that are leading the AI and machine learning revolution ZDNet

#artificialintelligence

In the past few years, the market for artificial intelligence (AI) and machine learning technologies has gained strong momentum. What's interesting, though, is that the much of the innovation in this space is driven by disruptors, not legacy vendors. These'upstarts' are companies born in the internet age or companies that have transitioned into the AI market, and are building out useful AI products that will likely broaden in their impact over time. Much like how Amazon Web Services (AWS) became the infrastructure provider of choice for many companies with the rise of the public cloud, many of these upstarts will see their products widen in application. While many of these companies might have originally created their product for a specific use case, it's possible that they will grow into platforms on which the company may build an additional revenue stream.


Facebook developing artificial intelligence to flag offensive live videos

#artificialintelligence

Facebook Inc (FB.O) is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company's director of applied machine learning. The social media company has been embroiled in a number of content moderation controversies this year, from facing international outcry after removing an iconic Vietnam War photo due to nudity, to allowing the spread of fake news on its site. Facebook has historically relied mostly on users to report offensive posts, which are then checked by Facebook employees against company "community standards." Decisions on especially thorny content issues that might require policy changes are made by top executives at the company. Candela told reporters that Facebook increasingly was using artificial intelligence to find offensive material.