Artificial intelligence should enhance human workers, not replace them, at least according to the CEOs of IBM and Microsoft. Ginny Rometty and Satya Nadella made clear their view of the role of AI in a panel discussion at the World Economic Forum in Davos, Switzerland, on Tuesday, just a few hours after Rometty circulated IBM's three guiding principles for the development of cognitive technologies to company staff. Less dramatic and snappily expressed than Isaac Asimov's three laws of robotics, IBM's three principles are nevertheless intended to limit the harm the introduction of AI technologies causes. The first thing to understand is the purpose of these technologies. For IBM, Rometty said, "it will not be man or machine: Our purpose is to augment and be in service of what humans do."

A drone company apparently made the most futuristic flying camera ever made – but has now been hit with disappointed customers and lawsuits. Lily announced this month that it was winding itself down and would refund everyone who pre-ordered his drone in the middle of 2015. It was the ignominious end of an 18 month period that saw the company soar to the top tech world with its stunning features. But it slowly dawned on many of its customers over the following months that it actually was. Now its customers claim that it had duped them with the flashy and splashy video that introduced the technology.

Digitisation, robotics and globalisation mean the labour market is in constant change, and the Swedish Part Model is part of that journey. TCO, The Swedish trade union confederation, illustrates this in a new campaign where the future labour market is portrayed as Artificial Intelligence. Artificial Intelligence (AI) is a computer program that tries to emulate human thinking and behaviour can learn and improve on its own. AIs are already a big part of our daily lives. They help us find what we need on Google and they handle customer service for many large organisations and companies, around the clock – and now they had enough.

Cities are growing worldwide and traffic as we know it will only get worse. Airbus Group's urban air mobility division predicts that by 2030, 60 percent of the population will live in cities, up from 50 percent today. The aircraft giant, second in size only to Boeing, is developing three separate solutions to urban congestion and they all look to the skies. Airbus is working on a single-passenger vehicle, package delivery drones, and autonomous buses. Airbus CEO Tom Enders spoke about the company's projects in Munich at the DLD conference where he told attendees he hopes the company will demonstrate a single person flying vehicle by year's end, Reuters reported.

Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. According to the Wall Street Journal, artificial intelligence spending is geared up for a major boom, and some of Silicon Valley's wealthiest are investing big to ensure AI's road ahead is not just safe but ethically sound. The Ethics and Governance of Artificial Intelligence Fund aims to support global efforts to "[advance] the development of ethical AI in the public interest," and specifically in areas of education and applied research.

China's most popular internet search company has picked up a new group president and COO. Previously at Microsoft and Yahoo (and an authority in artificial intelligence), Dr. Qi Lu might be just what the company needs. Baidu's profits have slipped from parts of its internet business and Lu will help lead Baidu's efforts in AI, which already include a smartphone assistant and self-driving cars. The company is already using AI to match advertisers with customers online, but has find new ways to grow after new advertising regulations in China hit its ad business hard. It still dominates China's internet search, where it holds an 80 percent market share.

Vine today transforms into Vine Camera, meaning that now's the last chance for users to download their favourite clips. The much-loved six-second video sharing app, which helped launch the careers of a multitude of new stars, is being simplified by Twitter, with the service set to live on as Vine Camera. The new service will only allow users to post their 6.5-second clips to Twitter or save them to their camera roll. 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. Japan's On-Art Corp's CEO Kazuya Kanemaru poses with his company's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' and other robots during a demonstration in Tokyo, Japan Japan's On-Art Corp's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' performs during its unveiling in Tokyo, Japan Singulato Motors co-founder and CEO Shen Haiyin poses in his company's concept car Tigercar P0 at a workshop in Beijing, China A picture shows Singulato Motors' concept car Tigercar P0 at a workshop in Beijing, China Connected company president Shigeki Tomoyama addresses a press briefing as he elaborates on Toyota's "connected strategy" in Tokyo.

When Nvidia popped the bonnet on its Co-Pilot "backseat driver" AI at this year's Consumer Electronics Show, most onlookers were struck by its ability to lip-read while tracking CES-going "motorists'" actions within the "car". A slide taken at CES shows the Co-Pilot AI assistant performing four features: facial recognition, head tracking, gaze tracking and lip-reading. The @nvidia AI co-pilot analyzes you through face recognition, head and gaze tracking and lip reading to assist you. The automative AI is part of the GPU-flinger's DRIVE PX 2 platform, which uses sensors and multiple neural networks powered by the grunt of Nvidia's processors. An Nvidia spokesperson has since confirmed in an email to The Register that the lip-reading component was based on research paper [PDF] written by academics from the University of Oxford, Google DeepMind and the Canadian Institute for Advanced Research.

Serena Capital, a major player in financing and accompanying high growth digital companies, has launched its 3rd fund in 8 years; Serena Data Ventures, dedicated to Big Data and Artificial Intelligence. Institutional investors and large corporate groups have committed close to 80 million Euros to Serena Data Ventures which just closed its first investment in Heuritech, a French startup specialized in deep learning technologies. Serena Capital reinforces its start-up support with the arrival of 3 new Venture Partners and Amélie Faure hired as Operating Partner. At the end of 2016 Serena Capital published a study focused on the "Data Revolution" and the great dynamism of European start-ups in the field of Big Data and Artificial Intelligence. In the coming years identifying and leveraging data will disrupt all business sectors including banking, insurance, health, energy, manufacturing, trade, logistics, etc.

Here are some story lines I don't want you to miss today. Orson Welles called Los Angeles "a bright and guilty place." No wonder developer money and L.A. politics have long gone hand in hand. Though some lawmakers insist the donations don't influence whether big projects get approved, a new group of City Hall hopefuls is trying to make hay by saying they won't accept developers' cash -- and they're pointing in part to an L.A. Times investigation over questionable donations connected to one project. Speaking of the fight over development … L.A. is experiencing its biggest building boom since the Roaring '20s and is reshaping its public transit system.