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Artificial Intelligence in the Pharmaceutical market worth US$27,156.1 Million in 2031. Visiongain Research Inc.

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Visiongain has published a new report on "AI in Pharmaceuticals Market 2021-2031". Embracing Technology to Revolutionize Pharmaceutical Industry There are other fields where the R&D process can be influenced by AI and machine learning. Better approaches to predict chemicals' properties in order to reduce the number of substances that need to be synthesized is obviously an opportunity. This would allow for the consideration of a larger chemical universe and enrich the'chemical palette' open to medicinal chemists. Another field where researchers are starting to use AI and machine learning is mining genomic, proteomic, and metabolic data for improved disease biomarkers and medication efficacy surrogate markers.


Experts Doubt Ethical AI Design Will Be Broadly Adopted as the Norm Within the Next Decade

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This is the 12th "Future of the Internet" canvassing Pew Research Center and Elon University's Imagining the Internet Center have conducted together to get expert views about important digital issues. In this case, the questions focused on the prospects for ethical artificial intelligence (AI) by the year 2030. This is a nonscientific canvassing based on a nonrandom sample; this broad array of opinions about where current trends may lead in the next decade represents only the points of view of the individuals who responded to the queries. Pew Research and Elon's Imagining the Internet Center built a database of experts to canvass from a wide range of fields, choosing to invite people from several sectors, including professionals and policy people based in government bodies, nonprofits and foundations, technology businesses, think tanks and in networks of interested academics and technology innovators. The predictions reported here came in response to a set of questions in an online canvassing conducted between June 30 and July 27, 2020. In all, 602 technology innovators and developers, business and policy leaders, researchers and activists responded to at least one of the questions covered in this report. More on the methodology underlying this canvassing and the participants can be found in the final section. Artificial intelligence systems "understand" and shape a lot of what happens in people's lives. AI applications "speak" to people and answer questions when the name of a digital voice assistant is called out. They run the chatbots that handle customer-service issues people have with companies. They help diagnose cancer and other medical conditions. They scour the use of credit cards for signs of fraud, and they determine who could be a credit risk. They help people drive from point A to point B and update traffic information to shorten travel times. They are the operating system of driverless vehicles. They sift applications to make recommendations about job candidates. They determine the material that is offered up in people's newsfeeds and video choices. They recognize people's faces, translate languages and suggest how to complete people's sentences or search queries. They can "read" people's emotions. They beat them at sophisticated games.


AI Implementation Strategy: DIY or a Customized Solution?

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In a rapidly changing financial environment, the race is on for AI implementation. It's no longer if an organization is using AI, it's when they get it and how they implement it in business. The big question is should they develop in-house, buy off the shelf or get a custom solution? Here's what the options offer and what to look for when choosing an AI solution. Surveys of major financial organizations show they recognize the need to use AI to leverage their complex data and mitigate business risks. MIT Sloan Management Review did a survey of more than 3,000 managers and interviewed executives, learning that a majority of companies have tried developing AI, but only 1 in 10 gained significant financial benefits.


Autonomous Navigation System for a Delivery Drone

arXiv.org Artificial Intelligence

The use of delivery services is an increasing trend worldwide, further enhanced by the COVID pandemic. In this context, drone delivery systems are of great interest as they may allow for faster and cheaper deliveries. This paper presents a navigation system that makes feasible the delivery of parcels with autonomous drones. The system generates a path between a start and a final point and controls the drone to follow this path based on its localization obtained through GPS, 9DoF IMU, and barometer. In the landing phase, information of poses estimated by a marker (ArUco) detection technique using a camera, ultra-wideband (UWB) devices, and the drone's software estimation are merged by utilizing an Extended Kalman Filter algorithm to improve the landing precision. A vector field-based method controls the drone to follow the desired path smoothly, reducing vibrations or harsh movements that could harm the transported parcel. Real experiments validate the delivery strategy and allow to evaluate the performance of the adopted techniques. Preliminary results state the viability of our proposal for autonomous drone delivery.


Nonequilibrium thermodynamics of self-supervised learning

arXiv.org Artificial Intelligence

Self-supervised learning (SSL) of energy based models has an intuitive relation to equilibrium thermodynamics because the softmax layer, mapping energies to probabilities, is a Gibbs distribution. However, in what way SSL is a thermodynamic process? We show that some SSL paradigms behave as a thermodynamic composite system formed by representations and self-labels in contact with a nonequilibrium reservoir. Moreover, this system is subjected to usual thermodynamic cycles, such as adiabatic expansion and isochoric heating, resulting in a generalized Gibbs ensemble (GGE). In this picture, we show that learning is seen as a demon that operates in cycles using feedback measurements to extract negative work from the system. As applications, we examine some SSL algorithms using this idea.


JSI at the FinSim-2 task: Ontology-Augmented Financial Concept Classification

arXiv.org Artificial Intelligence

Ontologies are increasingly used for machine reasoning over the last few years. They can provide explanations of concepts or be used for concept classification if there exists a mapping from the desired labels to the relevant ontology. Another advantage of using ontologies is that they do not need a learning process, meaning that we do not need the train data or time before using them. This paper presents a practical use of an ontology for a classification problem from the financial domain. It first transforms a given ontology to a graph and proceeds with generalization with the aim to find common semantic descriptions of the input sets of financial concepts. We present a solution to the shared task on Learning Semantic Similarities for the Financial Domain (FinSim-2 task). The task is to design a system that can automatically classify concepts from the Financial domain into the most relevant hypernym concept in an external ontology - the Financial Industry Business Ontology. We propose a method that maps given concepts to the mentioned ontology and performs a graph search for the most relevant hypernyms. We also employ a word vectorization method and a machine learning classifier to supplement the method with a ranked list of labels for each concept.


PatchNet: Unsupervised Object Discovery based on Patch Embedding

arXiv.org Artificial Intelligence

We demonstrate that frequently appearing objects can be discovered by training randomly sampled patches from a small number of images (100 to 200) by self-supervision. Key to this approach is the pattern space, a latent space of patterns that represents all possible sub-images of the given image data. The distance structure in the pattern space captures the co-occurrence of patterns due to the frequent objects. The pattern space embedding is learned by minimizing the contrastive loss between randomly generated adjacent patches. To prevent the embedding from learning the background, we modulate the contrastive loss by color-based object saliency and background dissimilarity. The learned distance structure serves as object memory, and the frequent objects are simply discovered by clustering the pattern vectors from the random patches sampled for inference. Our image representation based on image patches naturally handles the position and scale invariance property that is crucial to multi-object discovery. The method has been proven surprisingly effective, and successfully applied to finding multiple human faces and bodies from natural images.


Accenture to acquire German firm umlaut

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Bengaluru: Global professional services company Accenture will acquire umlaut, an engineering consulting and services firm headquartered in Aachen, Germany for an undisclosed amount. The acquisition will scale Accenture's deep engineering capabilities to help companies use digital technologies like cloud, artificial intelligence, and 5G to transform how they design, engineer and manufacture their products as well as embed sustainability. The acquisition of umlaut will add more than 4,200 industry-leading engineers and consultants across 17 countries to Accenture's Industry X services, and expand the company's capabilities across a range of industries, including automotive, aerospace & defense, telecommunications, energy and utilities, Accenture said in a statement. Industry X combines Accenture's powerful data and digital capabilities with deep engineering expertise to offer clients the broadest suite of services for digitizing their engineering functions, factory floors and plant operations, improving productivity, speeding up the transformation of hardware into software-enabled products, and allowing for faster and more flexible product development. "We predicted that digital would ultimately be applied at scale to the core of a company's business - the design, engineering and manufacturing of their products. And, for nearly a decade Accenture has been building the unique capabilities and ecosystem partnerships to combine the power of digital with traditional engineering services," said Julie Sweet, chief executive officer, Accenture.


Towards Broad Artificial Intelligence (AI) & The Edge in 2021

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Artificial intelligence (AI) has quickened its progress in 2021. A new administration is in place in the US and the talk is about a major push for Green Technology and the need to stimulate next generation infrastructure including AI and 5G to generate economic recovery with David Knight forecasting that 5G has the potential - the potential - to drive GDP growth of 40% or more by 2030. The Biden administration has stated that it will boost spending in emerging technologies that includes AI and 5G to $300Bn over a four year period. On the other side of the Atlantic Ocean, the EU have announced a Green Deal and also need to consider the European AI policy to develop next generation companies that will drive economic growth and employment. It may well be that the EU and US (alongside Canada and other allies) will seek ways to work together on issues such as 5G policy and infrastructure development. The UK will be hosting COP 26 and has also made noises about AI and 5G development.


Scientists discover Earth's core is growing 'lopsided' - and solve a 30 year-old mystery

The Independent - Tech

The Earth's core is growing lopsided, scientists have discovered, but it is unclear why. The solid-iron core in the middle of the planet has been growing faster under Indonesia's Banda Sea, seismologists at the University of California in Berkeley found. The growth on one side of the molten metal is the product of iron crystals that form as the molten iron cools, but something in the Earth's outer core or mantle under the south Asian country is removing heat at a faster rate than on the opposite side, under Brazil. The faster the cooling, the faster that iron crystallisation occurs – and the faster the growth increases. Such a disparity has significant implications for the Earth's magnetic field, and the convection currents in the core that generate the field are what protects us from dangerous solar particles.