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Artificial Intelligence in Finance: AI is the New Electricity

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This article was written by Harry Chiang, a Financial Analyst at I Know First. "The big paradox here is that people think technology will lead to banking becoming more and more automated and less and less personalized, but what we've seen coming through here is the view that technology will actually help banking become a lot more personalized." Over the past few years, news articles have casually floated the term'Artificial Intelligence' around at an increasing rate. It's one of those buzzwords that somehow finds its way in to every tech-related conversation. Even the least tech-savvy person has a vague notion of what it is. The problem is, some of the more tech-savvy person don't have a much clearer notion of what it is either. The definition of AI ranges and has vague boundaries.


Next Wave In Artificial Intelligence: Plug In And Work, Plug In For Services

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I once heard it said that if AT&T did not install automatic phone switching technology several decades back, the phone company would now need to employ the entire population of North America to work as operators to meet the demand of today's call traffic. While many observers fear that artificial intelligence and robots will eliminate large swaths of jobs, it's also arguable that technology is enhancing humans' lives and livelihoods, and in the process, creating even more opportunities. Chetan Dube, founder and CEO of IPsoft, falls squarely on the side of technology optimists in this regard. I had the opportunity to talk with Dube at a recent IPsoft confab which unveiled the latest version of its enterprise intelligent assistant, "Amelia." Dube, whose company, IPsoft, specializes in applying artificial intelligence to customer interactions, is himself an example of an innovator who is building on the next wave of work-saving technology.


iOS 11: New Siri icon hints at rumoured iPhone 8 virtual home button redesign

The Independent - Tech

A new Siri icon spotted in iOS 11 appears to confirm rumours about the upcoming iPhone 8's design. Apple is widely expected to drastically change the look of the iPhone this year, with the company seemingly set to take a similar approach to Samsung. The Galaxy S8 ditched the physical home button for a stunning "all-screen" design, which makes all other handsets on the market look outdated, and the next iPhone will almost certainly follow suit. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.


Helping or hacking? Engineers and ethicists must work together on brain-computer interface technology

Robohub

In the 1995 film "Batman Forever," the Riddler used 3-D television to secretly access viewers' most personal thoughts in his hunt for Batman's true identity. By 2011, the metrics company Nielsen had acquired Neurofocus and had created a "consumer neuroscience" division that uses integrated conscious and unconscious data to track customer decision-making habits. What was once a nefarious scheme in a Hollywood blockbuster seems poised to become a reality. BCIs use brain signals to control objects in the outside world. They're a potentially world-changing innovation – imagine being paralyzed but able to "reach" for something with a prosthetic arm just by thinking about it.


200 Top Bloggers on Data Science Central

@machinelearnbot

Most of my experience is in database development and alytics. I have maged projects from very small to some having more than 100 people worth more than $10 million.


Intel to sponsor Olympics to showcase VR, 360-degree video, AI and drone technologies

The Japan Times

NEW YORK – Intel Corp. will sponsor the Olympics through 2024 in the company's latest bid to show off its technology through high-profile sports events. The chipmaker said it will partner with the International Olympic Committee to use Intel's technology, such as virtual reality, 360-degree video, artificial intelligence and drones, to enhance the Olympic Games. Intel is signing on at a time when global interest in the Olympics is waning. Television ratings have fallen, and cities have dropped out of the running to host the games as costs spiral. Yet for Intel, the sponsorship is part of a broad push into sports after it launched a group to explore such deals last fall, seeking to highlight initiatives other than its main computer processor business.


Son to pick successor from Softbank Group

The Japan Times

Softbank Group Corp. Chairman and Chief Executive Officer Masayoshi Son said that he will pick his successor from executives at group companies. At a general shareholders meeting in Tokyo, Son said his successor "will be a person who plays an important role with me in the group's management for five to 10 years, is compatible and leads the management in the same direction as I do." In 2014, Softbank Group invited former Google Inc. executive Nikesh Arora to succeed Son. But in June last year, Son said he intended to stay on for 10 more years, citing his interest in leading the telecommunications and technology group's artificial intelligence business by himself. Arora left the group as a result.



India Eyes Breakthrough on U.S. Surveillance Drones Ahead of Modi Trip

U.S. News

Since Trump's election on an "American First" platform, U.S. and Indian officials have sought to play down any contradiction between his stated desire to protect American jobs and Modi's "Make in India" policy, arguing, for example, that deals in which components made in the United States are shipped to India for assembly benefit workers in both countries.


Commentary: The superpowers big data and analytics are quietly giving banks

#artificialintelligence

SINGAPORE: If you could be a superhero, which of the following superpowers would you pick: Flying or invisibility? This, I heard recently, is an interview question one of the big technology companies asks potential candidates. This is a question no doubt designed to test a candidate's ability to think on their feet and demonstrate reasoning. However, with the accelerating pace of technology advancement, navigating the future of business is like choosing superpowers. The emerging superheroes: Blockchain, APIs, cloud, big data, machine learning, the Internet of things (IoT), biometrics all claim to have superpowers that enable you to save the world.