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EU sets sights on artificial intelligence future

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It hopes to see pledges of at least 20 billion euros per year, through public and private cash. "We should create a climate in which start-ups can be set-up easily and are not directly overrun by big companies," said Francis Wyffels, Robotics and AI Professor, Ghent University. A focus of the recent'Hack Belgium' event in Brussels, AI has some catching up to do in Europe - compared to the likes of America and Asia. The EU hopes to stand out by driving ethics standards, a hot topic in the wake of all the data scandals of late. Belgium wants to see excellence centres, to step up the pace of technology.


Global Self-Driving Car Startups Report-2018 Edition โ€“ Mobility Foresights

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In 2017, these 20 start-ups raised a funding of more than $1 billion, which is more than 100% increase compared to 2016. The total funding of all self-driving start-ups from both private and corporate investors has gone pas $5.5 billion as of March 2018.The digitization is also fuelling the prospects of autonomous on demand ride hailing taxis. It is worth mentioning that only few of the start-ups are generating revenue and some are yet to showcase a clear path to scale up and ultimately become profitable. US is considered to be leading the way in terms of legislation for driverless vehicles. States in America including Nevada, Florida, California and Michigan have already passed laws concerning driverless cars. However, 15 states had bills on automated driving which have failed.


AI set for mass adoption by financial services sector Internet of Business

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Over the next few years, AI will bring about game-changing developments for the banking sector, reports Scott Thompson. "I do not see AI technologies currently adding significant competitive advantages to banks โ€“ challenger or traditional," says Devie Mohan, co-founder and CEO of fintech research company, Burnmark. "There are very few data points of AI use cases in banks to come to a steady conclusion." Mohan's note of caution is refreshing in a technology realm defined by hype, and by inflated expectations of AI's ability to transform entire sectors, such as banking. However, over the next five years the majority of banks will adopt AI.


The universe may be a giant video game, but it certainly isn't Pac-Man

Popular Science

Elon Musk and other prominent Silicon Valley kooks may hold the belief that we live in a simulation, but one conspiracy theorist speaking at the Flat Earth Convention in England last weekend articulated an even stranger theory about our home, the Earth: the'Pac-Man effect.' Flat Earth belief is what it sounds like, but there is some nuance: though Flat Earthers avowedly don't trust scientists and generally think NASA is a giant conspiracy, their central tool for refuting the Earth's roundness is basically aligned with the scientific method. After all, from the perspective of any one individual, the Earth does appear to be flat. Some observable phenomena line up with this basic perception, but others--like east-west plane flight, which shouldn't be possible if the Earth was a disk, or a diamond, or any other flat shape considered by Flat Earthers--do not. This conflict has led many in the Flat Earth community to come up with conceptual write-arounds to explain the presence of these phenomena that don't fit in their world-view. Here are a few of their theories--and why they don't line up with what we know.


Q&A: AI Could 'Redesign' the Drug Development Process

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This week at the World Medical Innovation Forum in Boston, industry experts gathered to discuss the role of artificial intelligence (AI) in healthcare. While AI has made waves in diagnosing certain diseases better than doctors, there's another area where the tech is being applied that might eventually have even greater impacts on health. Today, at least 18 pharmaceutical companies and more than 75 startups are applying machine learning to drug discovery--the complex, expensive process of identifying and testing new drug compounds. These companies are betting hundreds of millions of dollars that AI will reduce costs, shorten timelines, and lead to new and better drugs. At the Forum on Monday, Exscientia founder and CEO Andrew Hopkins, formerly a professor at the University of Dundee in Scotland and a 10-year veteran of Pfizer, spoke about how AI can lead to improvements in drug development.


Storm damage to forests costs billions โ€“ here's how artificial intelligence can help

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High-intensity storms cause billions of pounds of damage every year, and climate change is set to make this worse in future. We already appear to be seeing more frequent and intense windstorms. Ex-hurricane Ophelia and Storm Eleanor both wreaked havoc in the British Isles over the winter, including injuries, power cuts and severe travel delays. It's not only commuters and households that are affected. Every year across Europe, the number of trees that commercial forests lose to storms is equivalent to the annual amount of timber felled in Poland.


Could Artificial Intelligence Solve The Problems Einstein Couldn't?

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Although Einstein himself made many advances in physics, from special and general relativity to the photoelectric effect and statistical mechanics, there were many problems he couldn't solve during his life. How much better could AI have done? At the dawn of the 20th century, there were a number of crises in physics. Radiating objects like stars emitted a finite, well-defined amount of energy at every wavelength, defying the best predictions of the day. Newton's laws of motion broke down and failed when objects approached the speed of light.


Russia's S-400, Pantsir-S Air Defense Systems to Get Major AI Boost

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With the new system in place, the Russian air-defense forces will be able to respond to all situational changes in real time, bypassing the stage of analysis at command posts. Currently, each anti-aircraft missile and radar installation has its own control which is absolutely vital given the high speed of modern aircraft and high density of air attacks. A combination of all existing air defense systems and the use of each one's fortes will create multiple lines of defense. For example the S-400 Triumf air-defense system, effective against high-altitude targets, could be used in sync with the Pantsir-S missile-gun system, which is ideal in close combat situations. This would ensure the effective destruction of aircraft, cruise and ballistic missiles, small drones and effective protection against fire by multiple rocket launchers.


Could Artificial Intelligence Solve The Problems Einstein Couldn't?

#artificialintelligence

Although Einstein himself made many advances in physics, from special and general relativity to the photoelectric effect and statistical mechanics, there were many problems he couldn't solve during his life. How much better could AI have done? At the dawn of the 20th century, there were a number of crises in physics. Radiating objects like stars emitted a finite, well-defined amount of energy at every wavelength, defying the best predictions of the day. Newton's laws of motion broke down and failed when objects approached the speed of light.


N-fold Superposition: Improving Neural Networks by Reducing the Noise in Feature Maps

arXiv.org Machine Learning

Considering the use of Fully Connected (FC) layer limits the performance of Convolutional Neural Networks (CNNs), this paper develops a method to improve the coupling between the convolution layer and the FC layer by reducing the noise in Feature Maps (FMs). Our approach is divided into three steps. Firstly, we separate all the FMs into n blocks equally. Then, the weighted summation of FMs at the same position in all blocks constitutes a new block of FMs. Finally, we replicate this new block into n copies and concatenate them as the input to the FC layer. This sharing of FMs could reduce the noise in them apparently and avert the impact by a particular FM on the specific part weight of hidden layers, hence preventing the network from overfitting to some extent. Using the Fermat Lemma, we prove that this method could make the global minima value range of the loss function wider, by which makes it easier for neural networks to converge and accelerates the convergence process. This method does not significantly increase the amounts of network parameters (only a few more coefficients added), and the experiments demonstrate that this method could increase the convergence speed and improve the classification performance of neural networks.