The world's major powers are in the middle of an artificial intelligence (AI) arms race. Over the next several years, China expects to deploy a fleet of unmanned submarines in contested waters like the South China Sea. Russia has tested its robotic tank on the battlefield in Syria and is reportedly working on developing autonomous nuclear submarines. For its part, the United States is in the process of testing autonomous swarming drones. This development has major implications--not just for how wars are fought, but also for the future of American foreign policy.

Booming insurtech innovations are revolutionizing the way auto insurance is operating. FREMONT, CA: Insurtech startups are revolutionizing the way insurance is operating. The European insurtech industry has exploded in recent years, with several startups coming up with new products and services, easing the process of buying insurance for the consumers. Similar is the case of auto insurers, and startups are dramatically transforming this industry with innovative tech offerings. Here is more about the top innovations and ventures going after auto insurtech for the CIOs to eye on. Telematics device can record information about driving behavior pertaining to the speed of driving and the distance covered.

Warehouse automation has been around for many years, especially for picking and storage of small and medium packages with Automated Storage and Retrieval Systems (AS/RS). According to Supply Chain Management Review: "Warehouse automation is one of the last areas where long-term costs can be significantly reduced." Most warehouse system look rudimentary compared with the huge, arm-whirling, automated robots present at some storage facilities or on automaker assembly lines. On an assembly line, robotics are being used to repeatedly move selected pieces to build the same final product over and over again. But the challenge for large and industrial equipment supply chain differs from the one for a factory assembly line.

On Wednesday, Tesla CEO Elon Musk and Alibaba cofounder Jack Ma took the stage at the World AI Conference in Shanghai to debate artificial intelligence and its implications for humanity. As expected, Ma took a far more optimistic stance than Musk. Ma encouraged people to have faith in humanity, our creativity, and the future. "I don't think artificial intelligence is a threat," he said, to which Musk replied, "I don't know, man, that's like, famous last words." An edited transcript of the discussion follows.

For anyone who has travelled through border control at an airport, or owns one of the latest smartphones, facial recognition technology isn't new. But using our faces to access a physical or digital service is about to become a more common occurrence in everyday life as companies across a wide range of sectors ramp up their investments in biometric technology. AI-powered biometrics has quickly established itself as the most pertinent means of identifying and authenticating individuals in a reliable and fast way, through the use of unique biological characteristics. As Singapore advances its Smart Nation vision, a study by Accenture revealed that AI could nearly double Singapore's annual economic growth rates by 2035, changing the nature of work and spawning a new relationship between man and machine. Building on that notion, the Singapore government has plans to roll out the National Digital Identity System for Singapore residents and businesses to transact digitally with the government and private sector in a convenient and secure manner in 2020 – heralding dramatic potential for economic growth.

AI is used at Quang Trung Software City in apartment building management. HANOI -- In the development of the fourth industrial revolution, artificial intelligence (AI) has made significant progress and is expected to make breakthroughs in the next ten years. Following the global trend, the Vietnamese government aims to turn AI into a driving force of development and make it a top priority in growth policies. One of the most important tasks is developing human resources, including improving higher education training quality, building 4.0 technology training institutes, encouraging technological application, renovation at businesses; and investment in science-technology research. According to Minister of Science and Technology Chu Ngọc Anh Việt Nam has advantages in start-up innovation and technological development, especially in AI.

Yoshua Bengio: Yoshua BengioOCFRSC (born 1964 in Paris, France) is a Canadian computer scientist, most noted for his work on artificial neural networks and deep learning.[1][2][3] He was a co-recipient of the 2018 ACM A.M. Turing Award for his work in deep learning.[4] He is a professor at the Department of Computer Science and Operations Research at the Université de Montréal and scientific director of the Montreal Institute for Learning Algorithms (MILA). Geoffrey Hinton: Geoffrey Everest HintonCCFRSFRSC[11] (born 6 December 1947) is an English Canadiancognitive psychologist and computer scientist, most noted for his work on artificial neural networks. Since 2013 he divides his time working for Google (Google Brain) and the University of Toronto.

China's shoppers are increasingly purchasing goods with just a turn of their heads as the country embraces facial payment technology. In a country where mobile payment is already one of the most advanced in the world, customers can make a purchase simply by posing in front of point-of-sale (POS) machines equipped with cameras, after linking an image of their face to a digital payment system or bank account. "I don't even have to bring a mobile phone with me, I can go out and do shopping without taking anything," says Bo Hu, chief information officer of Wedome bakery, which uses facial payment machines across hundreds of stores. "This was not possible either at the earliest stage of mobile payment – only after the birth of facial recognition technology can we complete the payment without anything else," he explains. The software is already widely used, often to monitor citizens.

The insurance industry needs to understand the demands of its future customers if it is to satisfy their expectations. EXL's head of UK and Europe and SVP Insurance, Nigel Edwards explains how smarter insurers will adopt personalisation and a frictionless purchasing and servicing experience to win out UK insurers are all aware that they need to prepare for the future, taking a digital-centric approach and meeting shifting customer demands. However, less than less than 25% of insurers feel well prepared to meet the needs of future insurance customers in 2030. To prepare for this future, insurance companies must first know what the industry will look like in the coming years. That's why EXL and Post conducted a joint survey into how insurance leaders believe the business will change by 2030, and how companies can begin adjusting to that future reality today.

Insurers faced a pressing problem last year -- a surge in home insurance claims following destructive floods in Kerala. As applications for relief from devastated regions mounted, Reliance General Insurance decided to deploy a video conversation feature, used to process motor vehicle claims, to quicken claims processing. Policy holders went on a two-way video chat to show the extent of damage to the surveyor. The result: Claims got processed in three days from over two weeks earlier. This is just one example of how insurers are using technology to simplify processes and use customer data efficiently.