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AI in Digital Wealth mgt: Sniffing out investment opportunities

#artificialintelligence

Economist Andrew McAfee concludes in his TedTalk "What will future jobs look like?" (already 3yrs old) that "The new'algorithm enabling' technology is here today, and banks could use it to fundamentally change the value proposition for their customers." "The future belongs to those that can recognize opportunities before they become obvious". Artificial intelligence, which encompasses these days all sorts of'algorithm enabling' technology, is creeping into our lives. Asset management and wealth management is no exception. Mentors at Fintech accelerators are advising entrepreneurs to drop the idea of creating the next Bloomberg and are suggesting a focus on AI finance.


One stat shows how artificial intelligence is exploding into the world

#artificialintelligence

Chip Somodevilla / GettyRobot parrots aren't the only reason to look over your shoulder. Artificial intelligence is going bananas right now. Google made headlines with it huge victory in the ancient game of Go a few weeks ago. And AI is entering into the marketplace at a historic rate, changing industries as complex as Wall Street in the process. If you get the feeling that we're at the start of a tidal wave, you might be right -- take it from Nvidia CEO Jen-Hsun Huang.


Workforce Automation: Could Robots Replace Members?

#artificialintelligence

Twitter turned 10 years old this week. Associations, contrary to some dire predictions back then, have survived the past decade's rise of social media, in large part because not much actually changed about our basic desires for belonging, community, and collaboration. The tools are new, but it's still our fellow humans using them to connect. But what if, in the not-too-distant future, your association's target audience became less and less human? Perhaps then you might have some greater concern.


Miniaturized Sibling of OTTO Material Handling Robot Joins Clearpath Fleet

IEEE Spectrum Robotics

Last September, Clearpath Robotics introduced the OTTO 1500, a robotic mover-of-stuff designed to autonomously haul pallets of things weighing up to 1500 kilograms. That's a lot of kilograms, and frankly, it's more kilograms than most people need delivered to them personally at any given time. Today, Clearpath is announcing a bite-sized follow-up to the OTTO 1500, the OTTO 100. It's smaller, more agile, slightly cuter, and with a 100 kg payload, is just the right size to be your new best friend. If you work in a warehouse, that is.


Hydrogen car breaks world record for longest continuous journey

The Independent - Tech

Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display


Skydio Is A Drone That Dances Around Obstacles

Popular Science

Look at this blurry drone. That's as good a glimpse as we're likely to get for a while. Tossed by the wind, controlled by inexperienced pilots, or just flying at the wrong angle at the wrong time, quadcopters crash into their surroundings. While these crashes aren't a major risk to life and limb, they're certainly an obstacle to better drone use: No one wants to rely on a flying machine that crashes into obstacles. We've seen many proposed drone systems with some form of "sense and avoid" before, most recently DJI's Phantom 4, but none as elegant as the Skydio.


Tay tweets: Microsoft creates bizarre Twitter robot for people to chat to

The Independent - Tech

Microsoft has created a strange robot that can converse with people on Twitter. The robot, apparently named Tay, is artificially intelligent and speaks with people who send messages to it. It appears to be based on Microsoft's machine learning work and claims that it will get better as it is used. The account, found at @TayandYou, responds automatically to all tweets. But it remains a complete mystery why Microsoft created the account โ€“ which has been verified by Twitter โ€“ and what it plans to do with it. Boston Dynamics describes itself as'building dynamic robots and software for human simulation'.


IBM announces new Watson APIs for developers to make AI apps more human - TechRepublic

#artificialintelligence

IBM Watson, Big Blue's cognitive computing division, announced Tuesday that it was expanding the availability of Watson APIs with three new tools: Tone Analyzer, Emotion Analysis, and Visual Recognition. The announcement was made at IBM's 2016 Interconnect Conference in Las Vegas, Nevada. The APIs will help further developers' abilities to leverage the emotional and visual analysis capabilities that are becoming a foundational piece of cognitive computing. "These latest API enhancements will enable developers to create cognitive solutions that offer expanded capabilities and reflect the different sensory dimensions of the human condition," said IBM Watson vice president and CTO Rob High. In a press release, David Kenny, general manager of IBM Watson, said the Watson updates serve to help the "community create dynamic AI infused apps and services."


IBM's Watson Will Give Personalized Suggestions For Cancer Patients

#artificialintelligence

PRNewswire gave us insight into the partnership between IBM Watson and the New York Genome Center, at the White House Precision Medicine Initiative Summit. The two have collaborated to produce personalized cancer treatments based on individual variation in genes. IBM and New York Genome Center are creating an open repository of cancer data, consisting of genome sequencing, exome sequencing, and clinical data. The amassed data will be fed into Watson for a precision medicine approach, by suggesting treatment options to clinicians, based on an individuals cancer-causing mutations. The project has three processing stages. First, genetic information from 200 cancer patients will be examined to see how different genome sequencing responds to different treatments.


Robots will give us the edge in online shopping, says Asda chief

#artificialintelligence

Clarke told the Mumsnet marketing conference Mumstock that the key to his company remaining competitive against online retailers like Amazon and discounters Aldi and Lidl was to make the shopper experience easier and more convenient - whether in store or online. "The most consistent feedback we get on the store experience is to make life as easy as possible," said Clarke. "Customers want to park easily, get in easily, find everything they want and get out early. "And online, just make the experience easy. Don't deliver things I don't want.