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Tesla boss Elon Musk says cash handouts 'will be necessary' as AI takes over human jobs

Daily Mail - Science & tech

Billionaire Elon Musk has said cash handouts'will be necessary' if robots take human jobs, in his latest flurry of tweets. Musk made the comment in response to a question from a Twitter user about whether he supported universal basic income (UBI) - a cash handout that could be given to people irrespective of their employment. Musk believes UBI could be a possible solution for unemployment caused by machines taking over the workforce. Billionaire Elon Musk has said cash handouts'will be necessary' if robots take human jobs, in his latest flurry of tweets A universal basic income would give a standard amount of money to every citizen to cover basic expenses like food and living costs each month. Musk first joined the growing list of tech executives supporting the payment system in 2016 when he spoke about the concept in an interview.


Upcoming Multimedia Conferences 2018 AI Expos Artificial Intelligence Conferences Europe Meetings USA ASIA

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Multimedia & Artificial Intelligence (AI) is changing the world around us and will bring new capabilities to everything from smart factories to drones to sports to health care and to driverless cars. FMI recently published a report on the global market for IP multimedia subsystem, it anticipated to grow at a rate and bring in US$ 50,347.4 MN in revenues by 2026-end, reflecting a CAGR of 15% during the forecast period.The annual worldwide AI revenue will grow from $643.7 million in 2016 to $36.8 billion by 2025. ConferenceSeries Ltd mission is to enable enterprise business and technology executives to learn how to successfully harness intelligent technologies to build competitive advantage, drive new business opportunities and accelerate innovation efforts. We cordially invite all the participants who are interested to share their innovative ideas and research in the arena of the history, new technologies, and Multimedia Cloud and Big Data, Artificial Intelligence for Business, intelligence, animation and Human Computer Interaction and Visualization professionals, researches and academic communities worldwide.


Google AI can predict when people will die with '95 per cent accuracy'

The Independent - Tech

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.


Missing man's police drone rescue in Norfolk 'a miracle'

BBC News

The wife of a missing man who was located by a police drone up to his armpits in mud said it was "a miracle" he was found alive. A major search was launched for Peter Pugh, 75, from Brancaster, Norfolk, after he disappeared following a beach walk on Saturday at 17:10 BST. It was only when the drone was sent up that Mr Pugh was spotted in a muddy creek at Titchwell Marshes on Sunday. Police said the technology was key to their rescue operation. Mr Pugh's wife Felicity said her husband, who is still in hospital in King's Lynn with hypothermia, was "slightly bemused" by what had happened.


World Health Organization says video game addiction is a disease. Why American psychiatrists don't

Los Angeles Times

A more recent study underscores that gaming addiction is probably a worldwide phenomenon, albeit an uncommon one. The analysis of close to 19,000 internet users from the U.S., Canada, the United Kingdom and Germany found that among those who played games, just under 1 in 3 reported at least one symptom of internet gaming disorder. But very few -- between 0.3% and 1.0% of the general population -- might qualify for a diagnosis of internet gaming disorder, according to the 2017 report in the American Journal of Psychiatry.


Football's a mess: don't let technology spoil that

New Scientist

"SWEET disorder", the poet Robert Herrick wrote, is more bewitching to the human eye than precise art. What he applied to Elizabethan fashion sense applies equally to football, whose World Cup is just kicking off in Russia. It will be the first one to supplement on-pitch decision-making with officials viewing video-replay footage, officially only in cases of "clear and obvious error" (see "Why video-assisted referees won't stop World Cup errors"). After all, football is big business: decisions must be right and seen to be right. This magazine is mostly as resolute as a solid centre back in defence of technology, but here not so much.


Uncovering Artificial Intelligence in Slovakia!

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Artificial Intelligence (AI) is being implemented across all industries dramatically increasing human productivity and it will continue to transform the global economic and social ecosystems. Will Slovakia stay at the forefront of a technology that will shape the future of everyone? "AI is rapidly moving from the laboratory into business and consumer applications. AI is forecast to contribute 16 trillion USD to the global economy and boost global GDP by 26% by 2030 and is poised to have a transformative effect on consumers, enterprises, and governments around the world," quotes Todd Bradshaw, President of AmCham Slovakia and CEO of PwC from the PwC 2018 AI. According to Peter Kolesรกr, member of the AmCham Slovakia Board of Directors and CEO of Neulogy, Venture Capital investors worldwide already put $11 billion into AI and machine learning companies in 2017. "Just recently, a Google CEO presented a new Google Assistant powered by Duplex Artificial Intelligence Technology, making lifelike phone calls.


This Week In China Tech: Court Systems Powered By AI, The Greater Bay Becomes Borderless, And More

Forbes - Tech

This week saw a lot of Greater Bay Area announcements with electronic border crossings powered by WeChat, one of the world's largest logistics hubs powered by Alibaba and artificial intelligence powering Chinese courtrooms. China is pushing the boundaries of technology more than any other country and This Week In China Tech is the best way for you to stay on top of the stories that matter most. Tencent's WeChat E-Pass To Allow Seamless Border Crossing In The Greater Bay Area China's Greater Bay Area is one of the country's most important strategic initiatives, connecting 11 cities and 67 million people into the world's first true "megacity." The Greater Bay is focused on rivaling America's Silicon Valley, but one of the largest challenges has been the multiple borders between Hong Kong, Macau, and Guangdong. Enter Tencent, China's version of Facebook, with their WeChat E-Pass that will allow their 1 billion users with Chinese IDs to link their IDs to their cell phone and cross these three borders seamlessly (article in Chinese).


Why Do We Keep Blaming AI For Society's Ethical Concerns?

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Not a week goes by that I don't see dozens of headlines blaming "AI" or "deep learning" for yet another ethical conundrum that will doom human society. Whether it is predictive policing or facial recognition or autonomous weapons, it seems nearly every facet of society is facing an "AI revolution" that will destroy humankind. If one peels back the breathless hype and viral buzzwords, however, is it really AI that we are worried about or is it the shift towards a data-centric society with or without deep learning advances? To the general public, "big data" and "deep learning" are increasingly becoming synonymous, fueled by the never-ending hype machine of Silicon Valley and the very legitimate advances occurring in deep learning powered largely by the massive availability of large datasets and the unique abilities of those models to make sense of all that data. From a technical standpoint, however, these are two entirely distinct concepts.


Artificial Intelligence Consultants in New Jersey, US

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Futran understands the recent trends in regulatory compliance in the areas of risk, AML and KYC. We have specialized personnel who are trained in the regulatory and risk domain with hands on experience in implementation of regulatory rules such as Basel, CCAR, Dodd Frank and Sarbanes-Oxley. Tighter credit markets require greater emphasis on IT governance and risk compliance. Leading Financial institutions and banks count on us for effective risk management solutions across their operations in credit risk, operational risk and market risk.