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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.


Design and AI: Where do we start? – Design For The Network – Medium

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Design and AI: Where do we start? Toronto is poised to become a hot spot for the fast-growing field of AI. While most of the current practitioner level conversation is engineering-centric, we're interested in the intersection of AI and design. How is AI shaping human experiences? What does the work of designers look like in a future augmented with AI?


Parliamentary Voting Procedures: Agenda Control, Manipulation, and Uncertainty

Journal of Artificial Intelligence Research

We study computational problems for two popular parliamentary voting procedures: the amendment procedure and the successive procedure. They work in multiple stages where the result of each stage may influence the result of the next stage. Both procedures proceed according to a given linear order of the alternatives, an agenda. We obtain the following results for both voting procedures: On the one hand, deciding whether one can make a specific alternative win by reporting insincere preferences by the fewest number of voters, the Coalitional Manipulation problem, or whether there is a suitable ordering of the agenda, the Agenda Control problem, takes polynomial time. On the other hand, our experimental studies with real-world data indicate that most preference profiles cannot be manipulated by only few voters and a successful agenda control is typically impossible. If the voters' preferences are incomplete, then deciding whether an alternative can possibly win is NP-hard for both procedures. Whilst deciding whether an alternative necessarily wins is coNP-hard for the amendment procedure, it is polynomial-time solvable for the successive procedure.


Watch This Robot Navigate Like a Rat

IEEE Spectrum Robotics

Rats are nimble navigators, able to find their way around, under, and over obstacles, and through the tightest spaces. Roboticists have long dreamed of giving their creations similar navigation skills. To be useful in the real world, robots must be able to find their way around on their own. Some are already learning to do that in homes, offices, warehouses, hospitals, and hotels--and in the case of self-driving cars, entire cities. Despite that progress, robots still struggle to perform the tasks for which they're designed even under mildly challenging conditions.


US Fighter Jet Downs Iranian Drone In Syria, Second Pro-Regime Aircraft Shot Down In 3 Days

International Business Times

The move was the second time in a week that it shot down a pro-Syrian government aircraft in the sky. "The armed pro-regime Shaheed-129 UAV was shot down by a U.S. F-15E Strike Eagle at approximately 12:30 a.m. Carla Babb, the Pentagon correspondent for Voice of America (VOA) tweeted Tuesday saying the sources have confirmed that the Iranian-made drone shot down by the U.S. fighter jet was being operated by the Iranian Revolutionary Guards Corps. Pentagon spokesman Navy Captain Jeff Davis said the U.S. military shot down the Shahed 129 as it approached an established coalition combat outpost near al-Tanf in southeast Syria, where the U.S. is holding training sessions for local fighters against the Islamic State group, VOA reported. Officials also said that the shot Iranian aircraft was the same type of drone that a U.S. warplane had shot down June 8 after it attacked U.S.-backed fighters in southern Syria.


US military shoots down Iranian-made drone in southern Syria

Associated Press

The spokesman of Iran's Revolutionary Guard, Gen. Ramazan Sharif speaks with media members at the conclusion of his press conference in Tehran, Iran, Tuesday, June 20, 2017. Sharif, said all six ballistic missiles it launched on Syria hit their targets, according to "local sources and drone films." Iran fired ballistic missiles at IS targets in eastern Syria, in the province of Deir el-Zour, later on Sunday. The spokesman of Iran's Revolutionary Guard, Gen. Ramazan Sharif speaks with media members at the conclusion of his press conference in Tehran, Iran, Tuesday, June 20, 2017. Sharif, said all six ballistic missiles it launched on Syria hit their targets, according to "local sources and drone films."


53% of Marketers Plan To Adopt Artificial Intelligence In Two Years

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These and many other insights are from the Salesforce Fourth Annual State of Marketing - Marketing Embraces the AI Revolution published last week. The report is available for download here (50 pp., PDF, no opt-in). The survey is based on interviews with 3,500 marketers worldwide conducted by Salesforce Research through a third-party survey firm in April 2017. The 3,500 respondents are full-time marketing leaders in Australia, New Zealand, Brazil, Canada, France, Germany, Japan, Netherlands, U.K., Ireland and U.S. Respondents were segmented into high-performing, moderate-performing or under-performing groups. High-performing organizations are defined as those who are "extremely satisfied" with the current outcomes realized as a direct result of their company's marketing investment.


Thought leadership in social sector robotics

Robohub

WeRobotics Global has become a premier forum for social good robotics. The feedback featured below was unsolicited. On June 1, 2017, we convened our first, annual global event, bringing together 34 organizations to New York City (full list below) to shape the global agenda and future use of robotics in the social good sector. WeRobotics Global was kindly hosted by the Rockefeller Foundation, the first donor to support our efforts. They opened the event with welcome remarks and turned it over to Patrick Meier from WeRobotics who provided an overview of WeRobotics and the big picture context for social sector robotics.


Queen's Speech: Government to announce plans for commercial space flights and ports for spaceships

The Independent - Tech

Powers planned by the Government aiming to pave the way for commercial space flights in Britain will be included in the Queen's Speech alongside a raft of investments in transport infrastructure. The legislation, according to Department for Transport (DfT), will allow the launch of satellites from the UK for the first time, horizontal flights to the edge of space for scientific experiments and the establishment of spaceports in regions across Britain. The Queen's Speech, which has been delayed by two days due to the current instability in British politics, will also include measures to improve conditions for the 100,000 drivers of plug-in vehicles by "removing barriers that are preventing more drivers switching to electric". "As things stand, those wanting to use publicly-accessible charging points may need to register with several different companies that run them," the Department for Transport added. "The planned legislation will include measures to ensure drivers need register only once to make full use of the existing infrastructure."


42 Facts On Technologies Driving The Digital Economy

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Innovation in the business world is accelerating exponentially, with new, disruptive technologies and trends emerging that are fundamentally changing how businesses and the global economy operate. To adapt, thrive, and innovate, we all need to be aware of these evolutionary technologies and trends and understand the opportunities or threats they might present to our organizations, our careers, and society on a whole. With this in mind, I recently had the opportunity to compile 99 Facts on the Future of Business in the Digital Economy. This presentation includes facts, predictions, and research findings on some of the most impactful technologies and trends that are driving the future of business in the digital economy. To make it easier to find facts for specific topics, I have grouped the facts into six subsets; in this post I'll share the second subset.