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Robots are taking on jobs humans consider to be 'too boring', Swedish company claims

Daily Mail - Science & tech

While many fear the possibility of robots taking their job, a growing number of companies are putting AI-equipped machines to work in roles humans never wanted in the first place. This includes a broad range of applications, from tracking parasite bugs that pose a critical threat to forests to learning to identify risk in legal documents, according to Bloomberg. Swedish packaging company BillerudKorsnas has put robots in place in roles that involve repetitive tasks. Specifically, it's using AI systems to monitor massive amounts of data, in order to determine how long to cook wood chips before they turn into pulp. This would be an otherwise tedious tasks for humans, since they'd be charged with staring at diagrams all day.


Uber stock set to launch at $45 a share in milestone for 'sharing economy'

The Japan Times

NEW YORK - Uber is set for its Wall Street debut Friday, with a massive share offering that is a milestone for the ride-hailing industry and the so-called sharing economy but which comes with simmering concerns about its business model. Shares will be priced at $45 for the initial public offering, valuing the startup at more than $82 billion, according to a filing with the U.S. Securities and Exchange Commission. San Francisco-based Uber was set to begin trading on the New York Stock Exchange under the eponymous ticker "UBER" in one of the technology sector's largest IPOs. Despite the eye-popping valuation, Uber dialed back some of its earlier ambitions for a value exceeding $100 billion after the rocky start seen by U.S. ride-share rival Lyft Inc. Analyst Daniel Ives of Wedbush Securities said Uber has the potential to be a game-changing company and "is paving a similar road to what Amazon did to transform retail/ecommerce and Facebook did for social media." Uber has the potential to grow, Ives said, as it morphs its ride-sharing platform into a more diverse set of services, with Uber Eats, Uber Freight and self-driving vehicle initiatives.


Newt Gingrich: Abolish the Congressional Budget Office now

FOX News

The U.S Capitol is seen at sunrise. Imagine there is a group of people in Congress with more influence over whether laws are passed and rules are changed, than any official committee or subcommittee in the House and Senate. Now, imagine the members of this powerful group are not even members of Congress – in fact, they're not elected officials at all. Finally, imagine this group operates in secret, refuses to explain its decisions in detail to anyone, and has shown a consistent bias against free market principles. Unfortunately, you don't have to imagine this scenario.


My data security is better than yours: tech CEOs throw shade in privacy wars

The Guardian

"Privacy cannot be a luxury good offered only to people who can afford to buy premium products and services," declared Sundar Pichai, the chief executive officer of Google, in a New York Times op-ed this week. "Privacy must be equally available to everyone in the world." Pichai's column, published in conjunction with Google's annual developer conference, was a two-pronged public relations offensive: an attempt by the company that has been one of the chief architects and primary beneficiaries of digital surveillance to wrap itself in the mantle of privacy, while simultaneously taking a swipe at one of its competitors. In Silicon Valley, "privacy" is in 2019 what reclaimed wood was in 2010: a must-have design feature that signals a certain degree of authenticity and hipness and could also double as a weapon in a pinch. Pichai's broadside, in case you're not attuned to the subtleties of tech CEO shade, was aimed at Apple.


Machine learning, practically speaking

#artificialintelligence

ML projects might involve training a system to find and classify patterns indicative or predictive of disease in images or gene expression data, to predict protein structures from genetic sequence or to design chemical scaffolds in drug discovery. MIT computer scientist Regina Barzilay likes seeing how popular and modular deep learning frameworks for building ML systems, such as PyTorch or Google's TensorFlow, have become. "Now you have the big Lego blocks and you can put it together," she says. Collaborating with computer scientists is still advisable to better understand what the system does, "but you can start using some of these methods even though you are not expert in them," says Christos Davatzikos of the University of Pennsylvania Perelman School of Medicine. But Barzilay sees some biomedical researchers try AI, make big claims that don't materialize and then turn their backs on these methods.


Geoffrey Hinton discusses how AI could inform our understanding of the brain

#artificialintelligence

University of Toronto faculty member, Google Brain researcher, and recent Turing Award recipient Geoffrey Hinton spoke this afternoon during a fireside chat at Google's I/O developer conference in Mountain View. He discussed the origin of neural networks -- layers of mathematical functions modeled after biological neurons -- and the feasibility and implications of AI that might someday reason like a human. "It seems to me that there is no other way the brain could work," said Hinton of neural networks. "[Humans] are neural nets -- anything we can do they can do … [Neural networks] work better than [they have] any right to." Hinton, who's spent the past 30 years tackling a few of AI's biggest challenges, has been referred to by some as the "Godfather of AI." In addition to his seminal work in machine learning, he's authored or coauthored over 200 peer-reviewed papers, including a 1986 paper on a machine learning technique called backpropagation.


"Please, explain." Interpretability of machine learning models

#artificialintelligence

In February 2019 Polish government added an amendment to a banking law that gives a customer a right to receive an explanation in case of a negative credit decision. This means that a bank needs to be able to explain why the loan wasn't granted if the decision process was automatic. In October 2018 world headlines reported about Amazon AI recruiting tool that favored men. Amazon's model was trained on biased data that were skewed towards male candidates. It has built rules that penalized résumés that included the word "women's".


5 takeaways on scaling machine learning

#artificialintelligence

Many companies are just starting their machine learning journeys and 37% of organizations have implemented artificial intelligence according to a recent Gartner survey. If you've opened the door to machine learning, you might want to review 10 questions before starting a machine learning proof of concept or the complete guide to AI, machine learning, and deep learning. Machine learning is evolving, with new commercial breakthroughs, scientific advancements, framework improvements, and best practices frequently reported. We have a lot to learn from organizations that have large-scale machine learning programs and view artificial intelligence as core to their business. At the O'Reilly Artificial Intelligence Conference in New York last month I saw several common trends between Facebook's and Twitter's machine learning programs.


Machine Learning – Google Tech Dev Guide

#artificialintelligence

Much of the information in the guide has been gathered via our work with students, faculty, and universities. In particular, Google would like to express our profound gratitude to our outstanding volunteer faculty advisors: Laleh Behjat, University of Calgary; Judith Gal-Ezer, Open University of Israel; Mia Minnes, University of California San Diego; Sathya Narayanan, California State University Monterey Bay; and S. Monisha Pulimood, The College of New Jersey. They gave substantial input to the design and content, and helped us keep the needs of their faculty peers and students front and center.


How Artificial Intelligence (AI) can make online betting safer

#artificialintelligence

Given the regulatory climate around anti-money laundering (AML) compliance and safe betting procedures, it came as no surprise when the Gambling Commission slapped 888 with a £7.8m fine in August 2017, and even less so more recently when Paddy Power Betfair was also rapped to the tune of £2.2m. Each of the fines were handed down as a result of the operators' failing to install safety measures in support of responsible gaming and preventing the use of illicit funds on their platforms. Backed by a worldwide tightening up of illicit money trafficking by national financial intelligence units as well as global organizations such as the Financial Action Task Group (FATF) and the Egmont group, gaming lords are finally picking up on the cue to make online gaming a safer and more responsible experience. Money laundering harbors many perils to our well being as it is typically associated with organised crime, drugs, terror and illicit trading of wildlife. Federal agencies estimate that $300bn is laundered annually in the US alone.