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Technical trends for 2020: AI 5G IoT - Mash Viral
What does the future hold? For me it is at least full of bacon: packing my scallops and shrimp, sitting next to my eggs, spread over my Waldorf salads. But 2020 is also full of technological progress and the continuation of the innovations that have made the world race faster than you can say "not too crisp, please." Three fields hold the most promise for the tech world in the coming year: internet of things (IoT); artificial intelligence (especially AI & # 39; s most visible face, voice assistants); and 5G connections and devices. Make no mistake: just like a steak that flavors a steak, it is the combination of these trends that really unlocks their power.
Artificial Intelligence Creates A New Industrial Age โ Metrology and Quality News - Online Magazine
Digitization has been as revolutionary for industry as the introduction of electricity. Now artificial intelligence (AI) and big data are generating new opportunities โ and a number of challenges. In the "Artificial Intelligence in Europe" report published by consultancy firm EY, some 57 percent of the companies surveyed expect AI to have a significant or very significant impact on business areas that are "entirely unknown to the company today," and 65 percent expect AI to have a significant or very significant impact on their core business. "The opportunities generated by digitization in general are game changers in most sectors, which is one reason why digital solutions have gained a strong foothold in different parts of society," says researcher Daniel Langkilde, who develops AI solutions for Scania, Volvo and other major companies. Digitization lays the foundation for entirely new business models, sometimes simultaneously throwing out the old models.
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India doubles its AI workforce in 2019, but faces talent shortage: Great Learning
PUNE: India has doubled its artificial intelligence (AI) workforce to 72,000 in 2019 from 40,000 in 2018, but 2,500 positions are still vacant, according to a study by ed-tech company Great Learning. About 3,000 companies said that they were working on AI projects of some nature in 2019, a growth of 200% over 2018. According to the study, Indian AI industry has also doubled in size with revenues of $415 million in 2019, compared to $230 million a year ago. Most of this growth has been powered by experienced professionals who have transitioned into a career in AI by upskilling themselves over the last few years, with 65% of AI professionals in India transitioning to their current role from other fields in the last 2 years. The number of freshers joining the field has also grown to 6,000 in 2019 from 3,700 last year.
Change Has Never Been This Fast. It Will Never Be This Slow Again
The 2010s were an ironic decade. Most metrics show that human welfare improved at an extraordinary rate, but many of us seem to be fearful or resentful, or both. The world is far richer in 2020 than it was in 2010, and global inequality is declining. There is still plenty of poverty, egregious inequality, and injustice, and there are still brutal wars and civil unrest. But overall, life expectancy is sharply up, and child mortality and deaths during childbirth are sharply down.
The Search for AI Talent Is Being Hampered by Visa Processes - DZone AI
I wrote recently about the challenges small businesses face in recruiting the engineering talent they require to build the kind of high-tech ventures that will advance society. Complex and expensive visa processes often mean that the best talent goes to larger organizations that can support them through the immigration maze. It's a scenario that new research from Georgetown University finds replicated in the battle for AI talent. The report highlights how restrictive immigration policies are hampering the ability of American firms to recruit and retain the kind of AI talent they need. "Historically, immigrants have helped America lead the world in technological innovation," the authors say.
Private equity looks for recession-proof deals
These are flush times for American private equity funds. Through November, they have raised more capital than any other fiscal year. But a good portion of that cash has not been put to use โ yet. One reason is that many takeover targets have simply become too expensive, a dynamic reflected in the drop in deal activity for 2019. According to RSM Bloomberg, the median implied M&A transaction multiple from 2017 to 2019 was 12.2 times a firm's EBITDA, while from the preceding two-year period it was only 10.4.
New Google AI tool detects breast cancer better than radiologists, study suggests
Fox Business's Susan Li told Stuart Varney that data from Google Health's new breast cancer study, while positive, needs more development. A new Google artificial intelligence model appears capable of more accurately spotting breast cancer in mammograms than radiologists. In a study published in the scientific journal Nature, researchers from Google Health, Northwestern University and three British medical institutions wrote in their abstract that they had aimed to "identify breast cancer before symptoms appear, enabling earlier therapy for [a] more treatable disease." "Despite the existence of screening programs worldwide, interpretation of these images suffers from suboptimal rates of false positives and false negatives," they continued. "Here we present an AI system capable of surpassing a single expert reader in breast cancer prediction performance."
LG to unveil a 65-inch OLED TV screen that unrolls from the ceiling at CES 2020
LG will reveal an OLED TV that unfurls from the ceiling and another that'hangs like wallpaper' at the Consumer Electronics Show in Las Vegas next week. The 65-inch UHD Roll-Down TV can be stored in the ceiling and pulled down when desired or rolled up when not in use. Also on show will be a 77-inch UHD Film Cinematic Sound & Wallpaper OLED display that can be hung like wallpaper. The larger display has a wafer-thin screen and sound system that's embedded into the display. OLED video walls, made of 55-inch OLED displays installed on the wall of a plane, enable passengers to'feel more openness' in the narrow space of an enclosed cabin The devices point to'the future of home interior design', according to LG Display.