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New-age technologies like AI and ML ensure fast processing

#artificialintelligence

As part of the partnership, ePayLater's'Book Now, Pay Later' service will be made available to customers for all travel bookings on EaseMyTrip. Akshat Saxena is the Co-founder of ePayLater – India's first of its kind "Buy now Pay later" checkout service. He carries a cross-sectional experience of setting up and managing data-driven businesses. In 10 years of professional experience, Akshat has worked with industry majors like Oracle, IBM, SAP and TransUnion. In an interaction with Techxty, Akshat Saxena talks about the changes new technologies are bringing in the financial service sector.


AI used to find unsafe foods using consumer product reviews

#artificialintelligence

A new program can track all recalled foods based from Amazon customer reviews. Called BERT, the AI program identified thousands of recalled products with an accuracy rate of 74 percent. Researchers from the Boston University School of Medicine developed an artificial intelligence (AI) program that can detect unsafe food contaminated with chemicals, toxins, pathogens, and those which are mislabeled of allergens. Many people experience illness resulting from the consumption of unsafe food items, which is now considered a global health problem. Because of this, the researchers developed a machine learning approach to help detect reports of unsafe food items from Amazon, a multinational technology company and the world's largest online retailer.


Model predicts patients at risk for Alzheimer's 2 years in advance

#artificialintelligence

MIT researchers have developed a machine learning model that forecasts the cognitive decline of patients at risk for Alzheimer's disease by predicting their cognition test scores as much as two years in advance. Researchers, who will present a paper later this week at the Machine Learning for Health Care conference at the University of Michigan, contend that experiments indicate that accurate Alzheimer's predictions can be made looking six, 12, 18 and 24 months in advance. Also See: Machine learning helps to identify early signs of Alzheimer's At the Machine Learning for Health Care conference, researchers will discuss how their model could be used for clinical trials to improve the selection of candidate drugs and participating patients who are in the disease's early stages--before symptoms are evident and when treatment has the best chance of being effective. "Accurate prediction of cognitive decline from six to 24 months is critical to designing clinical trials," says Oggi Rudovic, a researcher at the MIT Media Lab. "Being able to accurately predict future cognitive changes can reduce the number of visits the participant has to make, which can be expensive and time-consuming. Apart from helping develop a useful drug, the goal is to help reduce the costs of clinical trials to make them more affordable and done on larger scales."


DeepCode gets $4M to feed its AI-powered code review tool – TechCrunch

#artificialintelligence

DeepCode, a Swiss startup that's using machine learning to automate code reviews, has closed a $4M seed round, led by European VC firm Earlybird, with participation from 3VC and existing investor btov Partners. The founders described the platform as a sort of'Grammarly for coders' when we chatted to them early last year. At the they were bootstapping. Now they've bagged their first venture capital to dial their efforts up. DeepCode, which is spun-out of Swiss technical university ETH Zurich, says its code review AI is different because it doesn't just pick up syntax mistakes but is able to determine the intent of the code because it processes millions of commits -- giving it an overview that allows it to identify many more critical bugs and vulnerabilities than other tools.


We're 'Sleepwalking' On The Dangers Of Artificial Intelligence, Experts Warn

#artificialintelligence

AI has the power to boost the economy, improve environmental sustainability and create a more equitable society -- but there are dangers associated with its rise, the panel of experts has told. The report was developed to give Australians a reference point to understand AI, and what living in a future dominated by the technology will really mean. AI refers to a collection of technologies which give machines the ability to perform tasks and solve problems that would otherwise require the human brain to carry out. While the U.S. and China are undoubtedly leaders in AI technology, Australia is punching well above its weight in terms of establishing systems for mining, agriculture, and manufacturing. Australia is also the five-time winner of the world robot soccer competition, the Robocup.


Don't squander the techno-revolution

#artificialintelligence

Public discussion of the effects of automation and artificial intelligence (AI) often focuses on the productivity benefits for companies and the economy, on the one hand, and on the potential downside for workers, on the other. Yet there is a critical third dimension that should not be overlooked: the impact of new technologies on wellbeing. Historically, technological innovation has had positive effects on wellbeing extending far beyond what is captured by standard economic metrics such as GDP. Vaccinations, new pharmaceuticals, and medical innovations such as X-rays and MRIs have vastly improved human health and increased longevity. Today, even countries with the world's lowest life expectancies have longer average lifespans than did the countries with the highest life expectancies in 1800.


How much does Google know about you? – podcast

The Guardian

Google's story is one of extraordinary growth. From its days as an insurgent startup, it now dominates internet search in most of the world and has branched out into video sharing, operating systems, productivity tools and now self-driving cars and artificial intelligence. Much of its success comes down to its ability to raise huge revenues from selling targeted advertising. In order to do this effectively, it relies on vast amounts of personal data. The Guardian's UK technology editor, Alex Hern, discusses how Google's stated mission is to organise the world's information to make it universally accessible and useful.


Researchers in Japan have designed a robotic TAIL to improve balance and agility

Daily Mail - Science & tech

Researchers from Keio University in Japan have created a prototype for a mechanical tail that they say -- not unlike a real, biological tail -- provides the wearer more agility and balance. The tail, dubbed The Arque tail, was presented at conference in Los Angeles last week that brings together emerging technologies in gaming and graphics, Fast Company reports. Arque can augment a wearer's agility by acting as a a counterbalance that shifts weight While a human with a tail may evoke our primate ancestry, researchers say that their version -- a swiveling worm-like device strapped around a user's waist -- is inspired by the Seahorse. Seahorse tails, notes Fast Company, are strong enough to endure attacks from predators but still flexible enough to be used a type of hand that can grip coral and other environmental objects. For proof of a tail's efficacy in helping to gracefully navigate narrow or tenuous landscapes, one might look to the acumen of more domestic animals, like cats.


Juul selling a data-tracking internet-enabled e-cigarette that uses facial recognition to verify age

Daily Mail - Science & tech

A new internet-connected e-cigarette from vape company, Juul, will look to curb underage consumption and collect an unprecedented amount user data in the process. The product, called Juul C1, was recently launched in the United Kingdom and comes with a host of new safety features which are enabled through the use of its companion smart phone app, according the Financial Times. Among the biggest new features, says the report, is a more stringent age-verification process. That process involves'facial recognition and two-step background check with third-party databases' according to Dan Thomson, a managing director for Juul in the U.K. who was interviewed by the Times. The company is also reportedly considering the use of a geofencing feature that would prevent the devices from being used in smoke-free areas like schools and hospitals. A company spokesperson for Juul told Gizmodo that it doesn't currently have the capability to do so.


Joe Biden says video games may play role in gun violence

FOX News

Fox News Flash top headlines for August 6 are here. Check out what's clicking on Foxnews.com Democratic presidential contender Joe Biden agreed with President Trump's sentiments Monday that violence in video games could be connected with rising gun violence in the U.S., saying video games teach children it's OK to just shoot somebody and "blow their brains out." CNN's Anderson Cooper prompted Biden by saying "when I mentioned that the president talked about video games today as being part of the problem, I saw you kind of rolled your eyes" but "it's something people have talked about it's for a long time." "I've talked about it, too," Biden said.