Europe
Artificial intelligence
AI will change the legal profession, just not how you are expecting. Fernando Garcia is looking forward to the day when he can get his hands on Beagle, an automated contract analysis system powered by artificial intelligence that reads contracts in seconds, highlights key information visually with easy-to-read graphs and charts and gets "smarter" with each reviewed contract. Also on his bucket list is an offering by yet another Canadian legal tech startup, Blue J Legal, that also uses AI to scan legal documents, case files and decisions to predict how courts will rule in tax decisions. At a time when the majority of in-house counsel are under intense pressure to shave costs and run a lean team, such powerful tools are a godsend. "There's always that pressure to do more with less, so when a tool comes along that can provide more efficiency, more risk mitigation and can let you do your job better and focus on providing value added, it is a strategic advantage," notes Garcia, general counsel, government affairs and corporate secretary with Nissan Canada Inc. "It's going to fundamentally change our job." This fundamental change has been a long time coming. Nearly two decades ago, the former justice of the High Court of Australia, Michael Kirby, remarked with uncanny prescience in a speech before the Bombay High Court in Mumbai that "it would be a bold observer" who would deny the possibility of artificial intelligence to "enhance" lawyering and judicial-making.
Chatbots are shaking up the workforce in some unexpected ways
Robots have already replaced humans in many jobs, from manufacturing cars to filling warehouse orders and flipping burgers. But as artificial intelligence programs learn to better communicate with humans, they'll soon encroach on careers once considered untouchable, like law and accounting. These chatbots may one day even replace your doctor. This January, the United Kingdom's National Health Service launched a trial with Babylon Health, a startup developing an AI chatbot. For six months, Babylon will offer a triage service on its app as an alternative to dialing the U.K.'s 24 hour non-emergency telephone number.
A behind-the-scenes look into Microsoft's IoT & AI Insider Labs
The Internet of Things (IoT) and artificial intelligence (AI) are two of the most significant trends in technology. And understanding their direction, and how to embrace them, is something that companies of all sizes want to understand. As a technology leader for over two decades, Microsoft has been at the forefront of IoT and Advanced Analytics (AA) since their inception, and our IoT & AI Insider Labs are the focal point for our customers to embrace these trends, and work hand-in-hand with experts to take their products from proof-of-concept to commercial deployment. Today on the Microsoft News Center, you can read about what it's like to come to work with Microsoft engineers in solving the challenges of melding machines and data at the labs, which currently operate in Redmond, Washington, and Shenzhen, China, with another facility opening soon in Munich, Germany. The Microsoft IoT & AI Insider Labs bring together developers with Microsoft and industry experts to tap into the Internet of Things and artificial intelligence and fuel the digital transformation taking place across industries -- from energy to retail to robotics.
Artificial Intelligence, IoT Startups Gaining in Global Insurtech Funding
Investing in technology-oriented insurance ventures (insurtech) is clearly a global trend and almost half of all the money being poured into them globally is going into artificial intelligence and internet of things startups, new research finds. The research from Accenture, which includes an analysis of CB Insights data on 450 insurtech deals over the last three years, appears in a new Accenture report titled The Rise of InsurTech. The CB Insights data reveals that global insurtech investment totaled $1.7 billion in 2016 and both the volume and value of deals have almost doubled since 2014. While more than half of all deals still take place in the U.S., insurtech has gone global with the United Kingdom, Germany, China and India now being significant markets and other countries coming on. Only about 14 percent of the insurtech deals in 2016 had an insurance industry investor or partner, although the industry's participation has been rising every year.
Facebook adds strange, unexplained rocket icon to some people's accounts
Facebook has added a new icon to some people's home screen – and not explained why it is there. Selected users are now seeing a small rocket at the bottom of their screen, without any clue about what to do with it or what it means. Clicking on the rocket appears to lead to an altered version of the news feed, but the traditional one still exists alongside it. The button is appearing for selected users on iOS and Android at the bottom of the app's view. It sits between the normal news feed and the friends option.
Understanding animals can help us make the most of AI
Every day countless headlines emerge from myriad sources across the globe, both warning of dire consequences and promising utopian futures – all thanks to artificial intelligence. AI "is transforming the workplace," writes the Wall Street Journal, while Fortune magazine tells us that we are facing an "AI revolution" that will "change our lives." But we don't really understand what interacting with AI will be like – or what it should be like. It turns out, though, that we already have a concept we can use when we think about AI: It's how we think about animals. As a former animal trainer (albeit briefly) who now studies how people use AI, I know that animals and animal training can teach us quite a lot about how we ought to think about, approach and interact with artificial intelligence, both now and in the future.
Robohub Digest 03/17: #ERF2017, UK budget promises, International Women's Day and drone safety issues
A quick, hassle-free way to stay on top of robotics news, our robotics digest is released on the first Monday of every month. Sign up to get it in your inbox. March is a month for change and new beginnings. The new UK Budget promised hundreds of millions of pounds to scientists and researchers to develop solutions to hi-tech challenges, including artificial intelligence and robotics, next generation batteries and new techniques for manufacturing medicines. The government is expected to allocate more than £500 million from the National Productivity Investment Fund so that UK companies might lead the way in the new technologies set to transform the world.
California Sounds: Tips on new L.A. tracks from Kendrick Lamar, NIIA, Johnny Jewel and R. Stevie Moore & Jason Falkner
The new single by the superstar Compton rapper arrived suddenly last week, and on it he sounds like he's been storing this venom since birth. Lamar lunges at anyone in his way on the fourth installment of a song series he started in 2010. In one set of couplets, he slams the president with rhymes about complicity and truth: "Donald Trump is a chump/ Know how we feel, punk/ Tell'em that God comin'/ And Russia need a replay button/ Y'all up to somethin'." Big Sean?) and derides disgraced former L.A. County Sheriff Lee Baca -- "tables turned, lesson learned" -- who was recently convicted of obstructing a federal investigation and then lying about his actions. Musically, "The Heart, Part 4" features contributions from producers the Alchemist, Axl Folie, Syk Sense and DJ Dahi, who collaborate on a track that rolls through a few different movements and tempos.