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Artificial Intelligence Roundup: Google, China's Expansion Plans, AI In Banking

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The world of artificial intelligence (AI) is making rapid strides in technological development, from Google's AI program defeating a human in the game of Go, Russian scientists building the'Terminator' and another project from Google's Brain Team, where the AI program attempts to write post-modern poetry. The AI market is projected to expand to USD 5.05 billion by 2020 (from USD 419.7 million in 2014), at a CAGR of 53.65% from 2015 to 2020, largely due to greater applications in diversified fields, enhanced productivity and increasing consumer satisfaction. Machine learning technology, a key component of the overall AI market, is estimated to gain traction over the next five years, on account of higher anticipated demand in media & advertising and finance sectors, as well as retail, healthcare, law, and oil & gas. Multinational technology giants such as Google, IBM, Microsoft, and governments of different countries across the globe are looking to boost their investment in AI. According to reports, Google has announced a new research project dubbed'Magenta' that is aimed at exploring the use of AI to produce art. The research team will initially study what kind of algorithms are used to generate music and then subsequently move to video and other visual arts.


Afghanistan Sees Taliban Leader As Rigid Conservative Uninterested In Peace

International Business Times

The Afghan government is looking warily at the conservative religious scholar who has assumed leadership of the Taliban, seeing in him a rigid proponent of hardline orthodoxy who is unlikely to favor peace talks, officials said. A day after the Afghan Taliban announced that Haibadullah Akhundzada would take over after Mullah Akhtar Mansour was killed in a U.S. drone strike in Pakistan, officials on Thursday were trying to form a picture of a leader best known for relentlessly applying strict sharia, or Islamic law. In his former role as one of the Taliban insurgency's senior judges, he was responsible for issuing a series of death sentences against opponents of Mansour, according to General Abdul Razeq, police chief of Akhundzada's home city of Kandahar. Officials said he appeared to favor a return to the austere and often harsh Islamic rule in Afghanistan before the Taliban were ousted by U.S.-led forces in 2001, something that would be unacceptable to the Afghan government and its Western backers. "He is a simple religious cleric," said Haji Agha Lalai, an adviser to President Ashraf Ghani, who added that Akhundzada would rely heavily on his deputy Sirajuddin Haqqani, leader of the feared Haqqani network, for battlefield decisions.


AI, conversational interfaces, and VR: Google goes on the offensive

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This week, a lot of attention was given during the kick-off of the annual Google I/O conference to three of this year's key technologies: artificial intelligence, conversational interfaces and virtual reality. The attractive force of Google's technologies was in full display with the opening viewed by more than 1 million users in China alone. Google's CEO, Sundar Pichai, kicked it off by demonstrating that Google had not missed out on the shift to mobile and that 50% of all search engine queries were already today made from phones, including 20% through voice recognition in the United States. Already, the results of a mobile study that were unveiled extend beyond a simple list of links to include "cards" used to preview related content (photos, results, artists) without having to exit the search engine. The head of Google went on to highlight his company's progress with respect to artificial intelligence and concrete applications for search engines.


Salesforce Focusing On AI

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According to MarketandMarkets, the artificial intelligence (AI) market is estimated to grow from 419.7 million in 2014 to 5.05 billion by 2020, growing at a CAGR of 53.65% from 2015 to 2020. The Media and Advertising sector is expected to drive the growth of AI during this period. IBM, Microsoft, and Google are key players in the market, and now Salesforce is trying to make inroads into it. For the first quarter of fiscal 2017, Salesforce's revenue grew 27% over the year to 1.92 billion, above analyst estimate of 1.89 billion. Net income was 38.8 billion or 0.06 per share. Non GAAP EPS was 0.24, beating analyst forecast of 0.25.


iPhone and Samsung assembler Foxconn replaces 60,000 employees with ROBOTS

Daily Mail - Science & tech

While robots have already been taking human jobs in many industries such as car manufacturing, as they become increasingly sophisticated there are growing fears they will put more employees at risk. Now a major electronics company that supplies Apple and Samsung has announced it is to replace 60,000 staff with robots. Foxconn, the Taiwanese company which assembles iPhones and iPads, has brought in machines to perform repetitive tasks and axed more than half its 110,000-strong workforce at a factory in Southern China. In a statement the company said: 'We are applying robotics engineering and other innovative manufacturing technologies to replace repetitive tasks previously done by employees.' As robots increasingly make their way into the workforce, some have argued that they will soon be taking over many traditionally human jobs.


The robots are coming! But will justice be done? LHS Insights

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Robots are moving out of the factory and into the office. The development of Artificial Intelligence (AI) has changed all this. Automated systems can now be used to carry out tasks that previously required human intelligence, such as providing advice and analysing documents. IBM's Watson computer is already being used for complex data analysis outside the legal sector, such as the medical profession. For example, US-based health insurer WellPoint uses Watson to support decisions on some patient procedures.


The Woeful TSA Doesn't Need More Staff. It Needs This Tech

WIRED

American airport security has never been something to look forward to, but in the past few weeks, it's attained new levels of misery. The busy summer travel season is only just starting, and already the public's been warned to expect the worst. Understaffed Transport Security Administration checkpoints mean lines spilling out of airport doors. Hauled before Congress for a ritual grilling, TSA chief Peter Neffenger pledged to increase staffing (including sniffer dogs) and encourage more people to enroll in the TSA Pre-Check program, in which trusted travelers (who've undergone background checks and paid a fee) pass through a quicker, less rigorous screening. He sacked his head of security.


Robots replaces 60,000 factory workers in China NoypiGeeks Philippines' Technology News, Reviews, and How to's

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The imminent domination of robots is quickly approaching. It's said to happen in Kunshan, inside Jiangsu province โ€“ the electronics industry manufacturing hub in China. A total of 4 billion yuan ( 609 million USD) was spent by 35 Taiwanese companies on artificial intelligence research and development last year. According to a survey conducted by the government, 600 more firms are interested to follow suit. Manufacturers are strongly considering the idea of replacing employees with robots to save money, boost in efficiency, and increase profit.


Three UK to block ads across its mobile network

The Independent - Tech

Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display


Pakistan: 'all indicators' confirm US killed Taliban leader

U.S. News

The foreign affairs adviser to Pakistan's prime minister says "all indicators" confirm that Taliban chief Mullah Akhtar Mansour was killed in a U.S. drone strike in the country's southwest while travelling under a false name with a fake Pakistani identity document.