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Digital business transformation accelerates: Just ask NCR, Zillow, Axon ZDNet

#artificialintelligence

An hour of earnings reports highlighted how every business will go digital, becoming software-based and utilize artificial intelligence. Michael Dale Hayford, CEO of NCR, said the company is looking to create software defined stores in its retail business. And banking, which is becoming more about the ATM than the branch. NCR reported third quarter revenue of $1.78 billion, up 15% from a year ago, with net income of $105 million. The company saw strong growth in both ATM and point of sale terminals.


Industrial AI is supporting the Indian Startup Industry beyond e-Commerce

#artificialintelligence

India has become the third-largest startup nation globally. Many of its business-to-consumer (B2C) ventures are known across the world, be it for an e-commerce website, Flipkart or ride-sharing application, Ola. Presently, a wave of business-to-business (B2B) startups in the niche is quietly making a considerable effect comprehensively. Ascending from the roads of common rural areas, they are breaking the unreasonable impediment, worldwide oil and gas majors and enormous producers being their clients. These organizations are exclusively answerable for India's leap forward in the Artificial Intelligence (AI) space.


Capitalism 2.0: the economy of the future will be powered by neural lace

#artificialintelligence

A battle for the "soul" of the global economy is underway. The next few decades will likely decide whether capitalism survives or is replaced with a techno-fuelled quasi-socialism where robots do most of the jobs while humans live off government support, likely a designated guaranteed or basic income. Many experts believe wide-scale automation is inevitable. Even the world's largest hedge fund, Bridgewater Associates, recently announced it's building an AI to replace its managers, many of whom are highly educated and previously thought invulnerable to automation. Robots, it seems, will manage everything.


New AI System Predicts Seizures With Near-Perfect Accuracy - Web AI

#artificialintelligence

For the roughly 50 million people worldwide with epilepsy, the exchange of electrical signals between cells in their brain can sometimes go haywire and cause a seizure--often with little to no warning. Two researchers at the University of Louisiana at Lafayette have developed a new AI-powered model that can predict the occurrence of seizures up to one hour before onset with 99.6 percent accuracy. "Due to unexpected seizure times, epilepsy has a strong psychological and social effect on patients," explains Hisham Daoud, a researcher who co-developed the new model. Detecting seizures ahead of time could greatly improve the quality of life for patients with epilepsy and provide them with enough time to take action, he says. Notably, seizures are controllable with medication in up to 70 percent of these patients.


Can Artificial Intelligence Detect and Prevent Senior Falls?

#artificialintelligence

VA2CS, the European leader in AI-Powered Fall Detection and Prevention, is launching its product at GSA 2019! The solution is already deployed in 2,700 rooms in 6 European countries. Artificial Intelligence uses visual and infrared sensors to automatically detect when a person is falling and trigger alarm to care-givers. A short recording of the fall allows care-givers to understand the reasons for the fall and to take corrective actions. "Most existing solutions based on a press-button pendant or watch are not reliable; people just don't wear them or forget to press the button when the fall happens," says Ramzi Larbi, VA2CS CEO.


Gurbaksh Chahal's RedLotus in talks to raise up to $50 mn from Chinese investor

#artificialintelligence

Serial entrepreneur, Gurbaksh Chahal, is no stranger to success. Having established multiple successful businesses in the past, he is now concentrating efforts on his latest company, RedLotus. Chahal had previously founded Click Agents, Blue Lithium, and Radium One, which all have had exits worth over $400 million. He has now set his sights on further growing RedLotus, which has built an advanced customer data platform, powered by patented AI technology. According to TechCircle, Chahal is set to raise up to $50 million for his current venture.


Study Suggests Robots Are More Persuasive When They Pretend To Be Human

#artificialintelligence

Advances in artificial intelligence have created bots and machines that can potentially pass as humans if they interact with people exclusively through a digital medium. Recently, a team of computer science researchers have studied how robots/machines and humans interact when the humans believe that the robots are also human. As reported by ScienceDaily, the results of the study found that people find robots/chatbots more persuasive when they believe the bots are human. Talal Rahwan, the associate professor of Computer Science at NYU Abu Dhabi, has recently led a study that examined how robots and humans interact with each other. The results of the experiment were published in Nature Machine Intelligence in a report called Transparency-Efficiency Tradeoff in Human-Machine Cooperation. During the course of the study, test subjects were instructed to play a cooperative game with a partner, and the partner may be either a human or a bot.


Study Suggests Robots Are More Persuasive When They Pretend To Be Human

#artificialintelligence

Advances in artificial intelligence have created bots and machines that can potentially pass as humans if they interact with people exclusively through a digital medium. Recently, a team of computer science researchers have studied how robots/machines and humans interact when the humans believe that the robots are also human. As reported by ScienceDaily, the results of the study found that people find robots/chatbots more persuasive when they believe the bots are human. Talal Rahwan, the associate professor of Computer Science at NYU Abu Dhabi, has recently led a study that examined how robots and humans interact with each other. The results of the experiment were published in Nature Machine Intelligence in a report called Transparency-Efficiency Tradeoff in Human-Machine Cooperation. During the course of the study, test subjects were instructed to play a cooperative game with a partner, and the partner may be either a human or a bot.


Elon Takes Berlin: Plans for Tesla Plant Jostle German Car Industry

Der Spiegel International

Elon Musk has been receiving a lot of mail from Germany lately, with government ministers trying to flatter the tech entrepreneur in an effort to promote their states. Almost as soon as the Tesla CEO announced his intention to build a "Gigafactory" in Europe, German state governments began courting Musk like a horde of real estate agents eying a very solvent potential customer. "Lower Saxony," Bernd Althusmann (CDU), the economics minister of that state, wrote, "is one of the world's top regions in the automotive industry." He argued that "trans-European transport routes" cross through it and that the state is leading the way in terms of "electromobility, traffic telematics and autonomous driving." The minister, whose state is home to Volkswagen, said he would be pleased to explain all the advantages "in a personal conversation." Berlin Economics Senator Ramona Pop of the Green Party wrote that the German capital city has "numerous test tracks for autonomous driving" and is the "German hotspot for international companies."


'Star Wars Jedi: Fallen Order,' a video game force awakens. What you need to know

USATODAY - Tech Top Stories

There's been a turbulence in the Star Wars franchise recently – and that's a good thing. First, there was the arrival of "The Mandalorian" on the Disney streaming service, which became operational earlier this week. All this action comes ahead of "Star Wars: The Rise of Skywalker" (in theaters Dec. 20), the ninth and last film in that saga. But these two recent entries focus on the past. "The Mandalorian" takes place after about five years after Luke Skywalker, Princess Leia, Han Solo and the rebels overthrew the Empire in 1983's "Star Wars: Return of the Jedi."