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Report offers industry guide to AI hype
Legal AI efficacy report published by Blickstein Group cuts through market hype in industry's first independent review of AI-Powered Legal Tools . Blickstein Group has launched its Legal AI Efficacy Report, an independent analysis that evaluates the effectiveness of 50 AI-powered solutions currently available across eight different legal tech categories. The report was launched at the legal tech gathering ILTACON in Orlando, USA. Based on research conducted over the past six months, the firms says the report provides the market with an unbiased, holistic look at AI products on the market, so that corporate law department and law firm leaders can make educated decisions based on their business goals. They stress the report is written for user, with no vendors paying to be included or to influence the analysis.
Here Are The 10 Shortlisted AI Startups By Facebook, T-Hub
In collaboration with Facebook, Hyderabad state-backed T-Hub has shortlisted 10 artificial intelligence startups for the second edition of their India Innovation Accelerator programme. The programme aims to support the growth of startups focused on finding solutions for social challenges using Artificial Intelligence (AI) in areas of good health and wellbeing, agriculture, clean water and sanitation, decent work and economic opportunity, industry, innovation & infrastructure, climate change, and peace and justice & strong institutions. The final cohort of 10 AI startups has now been selected from over 140 applications received from across India. The participants were reviewed based on quality of technology-based solutions, product/solution market readiness and social impact among other relevant parameters. Manish Chopra, head and director of partnerships, Facebook India, said, "At Facebook, we believe Artificial Intelligence will be key to finding disruptive solutions to address societal challenges like access, affordability, and skill shortage. We are excited to champion the next generation of tech startups applying AI for social good and accelerate their development by giving them access to expertise."
Chatbot Impact in BFSI for Customer Experience and Customer Support - The Next Tech
The familiarity of chatbots have increased a lot and it might not sound unusual for a bank to launch a chatbot in 2019. Well, it might be a very unconventional thing when in 2016, Russia-based Tochka Bank launched the world's first Facebook bot for a range of financial services. Did you ever think about how this would affect customers and their experience with all the banking services? The list is quite long. A chatbot can have various uses or can incorporate a number of tasks at a time on different channels.
How Will Artificial Intelligence Transform Inventory Management?
The implementation of robust AI solutions will enable organizations to enhance their inventory management with accurate data-driven forecasting. FREMONT, CA: Despite the advances in the logistics sector, many challenges still pervade inventory management. The lack of demand forecasting has often led to excesses and shortages, resulting in substantial losses to the companies. To solve this problem, organizations are spending in millions, employing forecasting experts and software such as ERP, CRM, and EMS to enhance their operations. Organizations have failed to harness the potential of data generated from the various functions of inventory management, including planning, procurement, production, distribution, and fulfillment.
Who owns AI's ideas? Disputing intellectual property rights
In 2016 The Washington Post unleashed a new reporter on the world, an artificial intelligence (AI) system called Heliograf. In its first year, it churned out 300 short reports on the Rio Olympics, followed by 500 brief articles about the presidential election, which clocked up pretty good engagement online. Meanwhile, pharmaceutical companies are increasingly turning to AI to drastically speed up the process of discovering new drugs, analysing huge quantities of data to come up with new molecules that could potentially have a therapeutic effect. However, according to most legal and technology experts, this scenario is a long way off. "From my perspective, at present AI is little more than a tool that can be wielded by the creator of a creative work or inventor of a new technical innovation in the same way a paintbrush is wielded by an artist or a CAD [computer-aided design] tool by an inventor," says Jeremy Smith, chartered patent attorney and partner at IP law firm Mathys & Squire.
MySales Labs: Retail Management at Fingertips
Alexey Ivasyuk, CEO & CTO According to the Food and Agriculture Organization of the United Nations, more than 30 per cent of all food produced globally is never eaten. The value of this wasted resource is worth over a trillion dollars. The causes of the aforementioned food wastage are numerous and occur at various stages of the supply chain--handling and storage, to name a few--but primarily due to absence in coordination among suppliers, retailers, and buyers. Also, ineffective food demand forecasts are one of the major causes of food waste even before you buy it in a store. "An efficient supply chain between suppliers and buyers, not only reduces food waste but also increases cash flow," says Alexey Ivasyuk, CEO and CTO of MySales Labs, while addressing the inadequacies of collaborations among various dealers, merchants, and sellers.
ELLIS SITES: CALL FOR PROPOSALS
ELLIS is a not-for-profit organization whose goal is to establish a network of European research labs on Machine Learning and Intelligent Systems. ELLIS' aspiration is to become the leading open science AI organization in the world. The ELLIS sites are key towards reaching this goal as they will provide unprecedented flexibility and financial support to a selected group of researchers in machine learning - and related fields - to spark economic and societal innovation. The long-term vision is to build a joint European laboratory similar to the European Molecular Biology Lab (EMBL) as described in the original open letter (https://ellis.eu/letter). ELLIS sites are a key element towards achieving this goal as they will implement as much of the ELLIS vision as possible.
AI could be the perfect tool for exploring the Universe
In our efforts to understand the Universe, we're getting greedy, making more observations than we know what to do with. Satellites beam down hundreds of terabytes of information each year, and one telescope under construction in Chile will produce 15 terabytes of pictures of space every night. It's impossible for humans to sift through it all. As astronomer Carlo Enrico Petrillo told The Verge: "Looking at images of galaxies is the most romantic part of our job. The problem is staying focused."
Nature's Most Beautiful Performances Could Inspire Next Generation Of Artificial Intelligence
Scientists have discovered a possible driving force behind some of nature's most beautiful displays paving the way for more complex and autonomous AI. Researchers wanted to replicate the basic mechanisms behind some of the most highly organised patterns seen in the animal kingdom such as huge swirling starling murmurations and immense twisting herring shoals. Groups like these, consisting in many cases of hundreds of thousands of individual animals, appear to move as if compelled by a collective intelligence, said lead author Dr Marco Mazza, a Lecturer in Applied Mathematics, at Loughborough University. But in reality, could be down to basic survival instincts. "The beauty of nature has inspired artists, philosophers, and scientists for as long as we can remember," said Dr Mazza.
Artificial Intelligence is creating jobs in India, not just stealing them - ETtech
Five years ago, Hyderabad resident Tulasi Mathi was forced to quit her job as a maths teacher due to health issues and the birth of her two children. But today, the 29-year-old does data labelling and makes up to Rs 15,000 a month. The money isn't much but it's more than she made as a teacher, and enough to pay her kids' school fees and her own expenses.She chanced on data labelling work through a YouTube video in 2017. Today, she scans videos and marks and labels objects encountered by self-driving cars. Her output is used to train artificial intelligence algorithms powering such cars. All Mathi knows is that it makes her life easier.