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NZ's financial sector primed for AI, research finds

#artificialintelligence

New Zealand's financial sector is primed for artificial intelligence, according to new national research. The AI Forum of New Zealand (part of the NZTech ecosystem) research study says the country's financial and insurance sectors are better prepared to incorporate and reap rewards from AI implementation than other industries. According to Emma Naji, AI Forum executor director, the report identifies New Zealand urgently needs to increase its focus on the core foundations needed to operate in an AI enabled future. This is especially important relating to investment, skills and talent, research, trusted data, ethics and regulation, she says. "The report shows how AI-driven solutions can be used to improve New Zealand's wellbeing, productivity and sustainability," says Naji. "Unsurprisingly, financial institutions have been quick to capitalise on the opportunities and new techniques that AI offers."


New Findings Show Artificial Intelligence Software Improves Breast Cancer Detection and Physician Accuracy

#artificialintelligence

A New York City based large volume private practice radiology group conducted a quality assurance review that included an 18 month software evaluation in the breast center comprised of nine (9) specialist radiologists using an FDA cleared artificial intelligence software by Koios Medical, Inc as a second opinion for analyzing and assessing lesions found during breast ultrasound examinations. Over the evaluation period, radiologists analyzed over 6,000 diagnostic breast ultrasound exams. Radiologists used Koios DS Breast decision support software (Koios Medical, Inc.) to assist in lesion classification and risk assessment. As part of the normal diagnostic workflow, radiologists would activate Koios DS and review the software findings with clinical details to formulate the best management. Analysis was then performed comparing the physicians' diagnostic performance to the 18-month period prior to the introduction of the AI enabled software.


2019 in Review: 10 AI Failures

#artificialintelligence

This is the third Synced year-end compilation of "Artificial Intelligence Failures." Despite AI's rapid growth and remarkable achievements, a review of AI failures remains necessary and meaningful. Our aim is not to downplay or mock research and development results, but rather to take a look at what went wrong with the hope we can do better next time. A leading facial-recognition system identified three-time Super Bowl champion Duron Harmon of the New England Patriots, Boston Bruins forward Brad Marchand, and 25 other New England professional athletes as criminals. Amazon's Rekognition software incorrectly matched the athletes to a database of mugshots in a test organized by the Massachusetts chapter of the American Civil Liberties Union (ACLU).


Peltarion study reveals lack of deep learning deployment - Information Age

#artificialintelligence

Almost a third (32%) said that deep learning would'totally' transform their industry, while 26% said other kinds of machine learning would have this effect. Most CTOs highlight machine learning as the technology that will disrupt their industry and lead to new innovations. But, how can they effectively put machine learning models into production? However, only 60% said they were confident that they knew what deep learning is and how it works, despite participants having direct responsibility for overseeing AI. The sample was made up of 350 CIOs and senior AI decision makers in the UK and the Nordics, all of whom worked for organisations of at least 1,000 employees.


Many Facial-Recognition Systems Are Biased, Says U.S. Study

#artificialintelligence

Civil liberties experts, however, warn that the technology -- which can be used to track people at a distance without their knowledge -- has the potential to lead to ubiquitous surveillance, chilling freedom of movement and speech. This year, San Francisco, Oakland and Berkeley in California and the Massachusetts communities Somerville and Brookline banned government use of the technology. "One false match can lead to missed flights, lengthy interrogations, watch list placements, tense police encounters, false arrests or worse," Jay Stanley, a policy analyst at the American Civil Liberties Union, said in a statement. "Government agencies including the F.B.I., Customs and Border Protection and local law enforcement must immediately halt the deployment of this dystopian technology." The federal report is one of the largest studies of its kind.


Study may explain how infections reduce autism symptoms

#artificialintelligence

For many years, some parents have noticed that their autistic children's behavioral symptoms diminished when they had a fever. This phenomenon has been documented in at least two large-scale studies over the past 15 years, but it was unclear why fever would have such an effect. A new study from MIT and Harvard Medical School sheds light on the cellular mechanisms that may underlie this phenomenon. In a study of mice, the researchers found that in some cases of infection, an immune molecule called IL-17a is released and suppresses a small region of the brain's cortex that has previously been linked to social behavioral deficits in mice. "People have seen this phenomenon before [in people with autism], but it's the kind of story that is hard to believe, which I think stems from the fact that we did not know the mechanism," says Gloria Choi, the Samuel A. Goldblith Career Development Assistant Professor of Applied Biology and an assistant professor of brain and cognitive sciences at MIT. "Now the field, including my lab, is trying hard to show how this works, all the way from the immune cells and molecules to receptors in the brain, and how those interactions lead to behavioral changes."


Where Is My Mind? - Issue 79: Catalysts

Nautilus

In 1976, Francis Crick arrived at the Salk Institute in La Jolla, California, overlooking a Pacific Shangri-La with cotton candy skies and a beaming, blue-green sea. He had already won the Nobel Prize for co-discovering the double-helix structure of DNA, revealing the basis of life to be a purely physical, not a mystical, process. He hoped to do the same thing for consciousness. If matter was strange enough to explain a creature's life code, he thought, maybe it's strange enough to explain a creature's mind, too. For something that everybody walks around with everyday, consciousness wouldn't seem to be as immense a puzzle as the origin of the universe.


How Artificial Intelligence Is Helping Identify Thousands of Unknown Civil War Soldiers

TIME - Tech

Samuel Holmes Doten of Plymouth, Mass., was born June 5, 1812, so after the Civil War ended in 1865, he would joke that he "served in the infantry in the war of that date." William Kendall Crossfield, a Peterborough, N.H. native, was having a rest during the battle of Fredericksburg when he was shot in the neck while turning over. The blanket he had pulled up to his chin miraculously cushioned the bullet, but he passed out from the shock of the blow. Vermonter Almeron C. Inman was recommended for the Medal of Honor of Feb. 9, 1887, "for intelligent coolness and bravery" in two 1864 engagements. After going missing for three months in 1895, he was found dead, thought to have killed himself.


Massive errors found in facial recognition tech, especially in case of nonwhites: U.S. study

The Japan Times

WASHINGTON – Facial recognition systems can produce wildly inaccurate results, especially for nonwhites, according to a U.S. government study released Thursday that is likely to raise fresh doubts on deployment of the artificial intelligence technology. The study of dozens of facial recognition algorithms showed "false positives" rates for Asians and African-Americans as much as 100 times higher than for whites. The researchers from the National Institute of Standards and Technology (NIST), a government research center, also found two algorithms assigned the wrong gender to black females almost 35 percent of the time. The study comes amid widespread deployment of facial recognition for law enforcement, airports, border security, banking, retailing, schools and for personal technology such as unlocking smartphones. Some activists and researchers have claimed the potential for errors is too great and that mistakes could result in the jailing of innocent people, and that the technology could be used to create databases that may be hacked or inappropriately used.


Your CAR could be at risk of cyberattacks, as scientists reveal 'holes' in systems

Daily Mail - Science & tech

Smart cars may make our lives easier on the road, but they are also easily hacked by cyber criminals. Scientists have found'holes' in these systems that lets digital deviants access your data or worse, take over the vehicle. The first hole is when users plug their smartphone into their smart car, which is an open door for hackers to breach vehicle systems. However, another vulnerability lets users access features in order to take over the system and could ultimately crash the car. Experts are now calling on carmakers to release constant updates for the software in order to put an end to data breaches and save lives.