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#EmTechMonthly: AI for fragrances, instant paychecks and emotional intelligence
Welcome to our monthly curation of emerging technology news tidbits and trends that help inform the research we do for our Avanade Trendlines program. Let's discuss any thoughts you have in the comments. Technology: An AI formula for fragrance Yes, AI is everywhere, including fragrance creation. One of the benefits is the ability for it to quickly generate lots of alternative ingredients or formulas. Mariya Nurislamova, Scentbird CEO, noted that when the company incubated its new Confession of a Rebel fragrance, it did so by using over a million data points from its 300,000 Scentbird subscribers.
The biggest lie tech people tell themselves -- and the rest of us
Imagine you're taking an online business class -- the kind where you watch video lectures and then answer questions at the end. But this isn't a normal class, and you're not just watching the lectures: They're watching you back. Every time the facial recognition system decides that you look bored, distracted, or tuned out, it makes a note. And after each lecture, it only asks you about content from those moments. This isn't a hypothetical system; it's a real one deployed by a company called Nestor.
Maker Faire Rome 2019 - 100,000 Square Metres of Innovation - What to Expect
It is just over a week until this years Maker Faire even in Rome and this is the largest even of its kind in Europe. The fair will start on Friday, open to school groups only in the morning then fully opening at 2 pm. This year there will be seven themed pavilions for an exhibition surface area of over 100,000 square metres. The subdivision of the pavilions proposed by the curators invites visitors to become active participants, already starting from their names: Re-think, Learn, Create, Discover, Make, Research. During the Call for Makers over a thousand projects from over 40 countries were submitted with 600 being chosen for exhibition at the fair.
Artificial Intelligence (AI) Robotics Market Report 2019-2029 - Visiongain
Read on to discover how this definitive report can transform your research and save you time. The use of artificial intelligence based industrial and personal-service robots is on the rise and has led Visiongain to publish this timely report. The USD 2.3 billion Artificial Intelligence Robotics Market is expected to flourish in the next few years because of advances in specific areas of AI such as machine learning methods. The continuous advancements in computer power have enabled the development of more intelligent and stronger AI systems and this is expected to feed through in the latter part of the decade driving growth to new heights. If you want to be part of this growing industry, then read on to discover how you can maximise your investment potential.
AI for social good: four ways to make the most of tech
The explosion of artificial intelligence (AI) is not just a boon for business. It is also helping solve some of the world's biggest social problems, from reducing crime to eradicating disease and tackling climate change. The amount of available data and technology that can process it intelligently has snowballed as the internet has increasingly integrated with our lives through tablets, phones and wearables. The advent of the internet of things โ the extension of internet connectivity into everyday objects โ has taken this even further. These advances have enabled a wide range of bodies, including companies, governments and non-governmental organisations, to start working together to use AI for social good and has already produced some groundbreaking results in vital areas.
Banking customers will embrace AI if they trust what's behind the curtain
Businesses in all sectors are embracing artificial intelligence (AI) as it allows them to quickly derive greater insights from the rich customer transaction data it provides. And consumer sentiment about businesses' use of AI is quickly changing. In fact, Genpact research found that the number of consumers that were comfortable with companies using AI to access personal data - if it improves their customer experience - jumped from 30 percent in 2017 to 54 percent in 2019. On the one hand, it means their customers are far more open to technology helping them better their financial situation by learning, for example, areas in which they might be able to save money every month. On the other hand, customers may feel their privacy has been invaded if they receive pop-up offers for financing options while they're in the process of buying a home.
Banking customers will embrace AI if they trust what's behind the curtain
Businesses in all sectors are embracing artificial intelligence (AI) as it allows them to quickly derive greater insights from the rich customer transaction data it provides. And consumer sentiment about businesses' use of AI is quickly changing. In fact, Genpact research found that the number of consumers that were comfortable with companies using AI to access personal data - if it improves their customer experience - jumped from 30 percent in 2017 to 54 percent in 2019. On the one hand, it means their customers are far more open to technology helping them better their financial situation by learning, for example, areas in which they might be able to save money every month. On the other hand, customers may feel their privacy has been invaded if they receive pop-up offers for financing options while they're in the process of buying a home.
The Kansas City Royals offseason, as predicted by artificial intelligence
The 2019-2020 Kansas City Royals offseason should be a relatively eventful one for a team coming off consecutive 100-loss seasons. For the first time in almost a decade, there will be a new face as the manager. And for the first time since essentially 1993, the Royals will have a new face of ownership. Don't forget the standard offseason intrigue, either. Predicting baseball is often a hopeless exercise.
The AI "awakening"
Artificial intelligence has come a long way in a short time. No longer relegated to only outwitting humans in chess matches, AI now powers virtual assistants like Siri and self-driving cars testing their way through our neighborhoods. But if AI is getting more ingrained in society, why has it not boosted economic growth -- as technological innovations like electricity or computers have done in the past? Erik Brynjolfsson, a leading economist in AI, says it's only a matter of time. Brynjolfsson, Director of the MIT Initiative on the Digital Economy, spoke Tuesday at the Stanford Institute for Economic Policy Research (SIEPR), on "The AI Awakening and the Coming Productivity Boom."