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Selecting investments using artificial intelligence - Globes English
Most fintech companies offer better interfaces for handling money (bank accounts, loans, payments, etc.), but quite a few startups are also offering a solution for a much older need than how to make money. Israel company I Know First, managed by CEO Yaron Golgher, is one of these. The company's main product is an algorithm that provides a forecast for three thousand different investment instruments, including shares, commodities, interest rates, foreign currency, exchange traded funds (ETFs), and global indices. "The algorithm rates all the investment instruments, and singles out investment opportunities in the capital market on a daily basis, according to the pricing anomaly it finds," Golgher says in a "Globes" interview. Golgher: "The algorithm is self-learning. It is based on purely quantitative values, not reading news or any kind of analysis. There is no human factor here. The algorithm uses artificial intelligence, an area in which huge companies like Apple Computers, Google, and Facebook have recently been making massive investments. The algorithm was developed by our development team, headed by cofounder and CTO Dr. Lipa Roitman. Roitman is a scientist from the Weizmann Institute of Science with over 20 years of experience in the specific field of artificial intelligence, machine learning, and algorithms. The forecast is given for a period of time. What is interesting is that for every forecast, the algorithm also assigns a probability that the forecast will be fulfilled. Every customer can receive a forecast according to his investment preferences. For example, a person investing in technology shares can receive the best opportunities in this segment, a customer investing in commodities will receive the best opportunities in the commodities market, etc." "We have expanded this year to 12 new countries, including the US and Europe, with an emphasis on Italy and France, and Russia, too. We work with Latin America, especially Brazil. The business model is based on access to the algorithm to a varying extent, according to the customer's size."
Elon Pew Future of the Internet Survey Report: Impacts of AI, Robotics by 2025
Internet experts and highly engaged netizens participated in answering an eight-question survey fielded by Elon University and the Pew Internet Project from late November 2013 through early January 2014. Self-driving cars, intelligent digital agents that can act for you, and robots are advancing rapidly. Will networked, automated, artificial intelligence (AI) applications and robotic devices have displaced more jobs than they have created by 2025? Describe your expectation about the degree to which robots, digital agents, and AI tools will have disrupted white collar and blue collar jobs by 2025 and the social consequences emerging from that. Among the key themes emerging from 1,896 respondents' answers were: - Advances in technology may displace certain types of work, but historically they have been a net creator of jobs. This page holds the content of the survey report, which is an organized look at respondents elaborations derived from 250 single-spaced pages of responses from ...
The Ethics of Artificial Intelligence - Futurum
Many experts believe that artificial intelligence (AI) might lead to the end of the world--just not in the way that Hollywood films would have us believe. Movie plots, for example, feature robots increasing in intelligence until they take over the human race. The reality is far less dramatic, but may cause some incredible cultural shifts nonetheless. Last year, industry leaders like Elon Musk, Stephen Hawking, and Bill Gates wrote a letter to the International Joint Conference in Argentina stating that the successful adoption of AI might be one of humankind's biggest achievements--and maybe its last. They noted that AI poses unique ethical dilemmas, which--if not considered carefully--could prove more dangerous than nuclear capabilities.
Google's Internet-Beaming Balloon Gets a New Pilot: AI
This summer, the Google X lab launched a balloon into the stratosphere over Peru, and it stayed there for 98 days. Launching balloons into the stratosphere is a usual thing for the Google X lab--or just X, as it's now called after spinning off from Google and nestling under the new umbrella called Alphabet. X is home to Project Loon, an effort to beam the Internet from the stratosphere down to people here on Earth. The hope is that these balloons can fly over areas of the globe where the Internet is otherwise unavailable and stay there long enough to provide people with a reliable connection. But there's a problem: balloons tend to float away.
How Artificial Intelligence Can Stop Sex Trafficking -- NOVA Next PBS
For Matt Osborne, finding exploited children typically starts with a walk on the beach, and it ends with hands cuffed behind his back. It's almost always the same--Osborne and a few friends travel somewhere that's known for sex tourism and walk along the beach or hang in area nightclubs, not to look for girls but to be seen themselves. A group of white American men is easy to spot in heavily-touristed resort towns in Asia, Central America, and South America, so it doesn't take long to make a connection. "They approach us," Osborne says. "At first, everything is innocuous. Want to go jet ski or parasailing? Buy a margarita or beer? They offer us drugs, and the conversation always turns to girls. And if you let them talk long enough and say, 'What else do you have? What else do you have?' Then sooner or later, they always offer us young girls."
Google Allo: Why people such as Edward Snowden are advising against using the app
Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display
Out of Africa thanks to climate change: Humans arrived in Europe up to 30,000 years earlier than believed
Modern humans first left Africa 100,000 years ago in a series of slow-paced migration waves and arrived in southern Europe around 80,000-90,000 years ago, far earlier than previously believed, according to a new study. The research suggests that humans spread out across the globe in four migration events driven by climate change, connected to variations in the Earth's orbit. The results challenge traditional models that suggest there was a single exodus out of Africa around 60,000 years ago. Chris Stringer, Research Leader in Human Origins at the Natural History Museum London told MailOnline the research is'the most comprehensive climate, vegetation and human-dispersal modelling study published so far'. 'While the earliest [migration] wave had only limited further penetration across the rest of Eurasia, they [the researchers] argue that modern humans could have arrived in small numbers in China and southern Europe by about 80,000 years,' he explained.
Google Allo: The Super-Smart Future of Messaging Is Kind of an Idiot Sometimes
The first thing that happened when I downloaded Allo, only a few seconds after I had given Google's new messaging app my phone number and snapped a selfie for my profile pic, is I got a cheery message from a new friend. "Hi David Pierce!" it said, in white letters on a blue bubbly background. Then another message, because my new Google Assistant evidently understands that you should never send a single text with more than two sentences, because what is this, Dostoevsky? "I can help you find what you need and get things done," it read. One more message about using my location, and then a little white bubble pops up on my side of the conversation: "OK, go on," it said. So I tapped it, the button turned the aqua color of my sent messages, and Google and I were off and running.
One Way Artificial Intelligence Could Improve Online Customer Service
Some customer questions are pretty simple to answer, and many businesses strive to do so with FAQ documents on their websites. The idea is to keep service agents free to handle more complicated queries. The reality is that unless an inquiring customer knows exactly what phrases or "keywords" to search for, it might be tough to find the information they need. Artificial intelligence software firm Inbenta this week raised another 12 million to develop a solution to that shortcoming--in the form of software that translates customer questions into terms that a site's search algorithms should find it easier to understand. For example, if someone types "Can I bring my Doberman to this hotel?" Inbenta's software "knows" that person might be interested in the company's policies regarding domestic animals.
A Mental Disease by Any Other Name - Issue 40: Learning
It starts without warning--or rather, the warnings are there, but your ability to detect them exists only in hindsight. First you're sitting in the car with your son, then he tells you: "I cannot find my old self again." You think, well, teenagers say dramatic stuff like this all the time. Then he's refusing to do his homework, he's writing suicidal messages on the wall in black magic marker, he's trying to cut himself with a razor blade. You sit down with him; you two have a long talk. A week later, he runs home from a nighttime gathering at his friend's apartment, he's bursting through the front door, shouting about how his friends are trying to kill him. He spends the night crouching in his mother's old room, clutching a stuffed animal to his chest. He's 17 years old at this point, and you are his father, Dick Russell, a traveler, a former staff reporter for Sports Illustrated, but a father first and foremost.