This decrease was mainly due to the Note 7 issue, despite the increase of sales in the memory and OLED businesses. The gross profit for the quarter was KRW18.4 trillion, about KRW1.7 trillion year-on-year decrease. But the gross profit margin as a percent of sale held steady due to higher gross profits from the sales expansion of premium products in the OLED and consumer electronics businesses. Our SG&A expenditures increased Y-on-Y, mainly due to the recall cost related to Note 7. The operating profit decreased by KRW2.2 trillion, year on year to KRW5.2 trillion, and the operating profit margin declined by 3.4 percentage points to 10.9%. The earnings of the component business decreased marginally year on year due to price correction of DRAM during the first half of this year. However, on Q-on-Q basis, this operating profit increased due to sales expansion of high-end products such as SSD, flexible OLED under the stabilized ASP environment. In the set business, earnings declined in the IM division due to the loss resulting from the Note 7 issue, but the consumer electronics business continued to grow year on year, driven by the sales growth of SUHD TVs and premium home appliance products. In this quarter's strengthening of the Korean won against the major currencies such as U.S. dollar and euro had a negative impact on the operating profit quarter on quarter. We figured it's approximately KRW700 billion effect, mostly on the component business. The non-operating profit was KRW540 billion, mainly from the sales of various investments including investments in ASML. Now I would like to address the business outlook. In the fourth quarter we expect the overall earnings to improve year on year. The mobile business is expected to recover its earnings to the similar level as 4Q last year through solid S7 sales, while earnings in the component business is projected to improve year on year. For the semiconductor business, we expect the earnings to improve due to the sales expansion of the V-NAND-based SSD. For the display business, we expect the earnings to improve also from LCD business recovery year on year.

Conservatives are girding for an extended clash on two fronts in the months ahead: one with a possible Clinton administration and one with Republicans who rejected Donald J. Trump. Megyn Kelly's divergent approach at Fox News took a different turn in her exchange with Newt Gingrich and again raised the question of the channel's future. A lot of healthy people are defying predictions by the Affordable Care Act architects and refusing to enroll, throwing off the calculations behind the system. The startling double-digital declines in TV viewership raise questions about whether the football and soccer leagues have reached their peak. Mr. Beatty's "Rules Don't Apply" is the first film he has written, directed and starred in since "Bulworth" in 1998.

The search to improve and eventually perfect artificial intelligence is driving the research labs of some of the most advanced and best-known American corporations. They are investing billions of dollars and many of their best scientific minds in pursuit of that goal. All that money and manpower has begun to pay off. In the past few years, artificial intelligence -- or A.I. -- has taken a big leap -- making important strides in areas like medicine and military technology. What was once in the realm of science fiction has become day-to-day reality. You'll find A.I. routinely in your smart phone, in your car, in your household appliances and it is on the verge of changing everything. On 60 Minutes Overtime, Charlie Rose explores the labs at Carnegie Mellon on the cutting edge of A.I. See robots learning to go where humans can'... It was, for decades, primitive technology. But it now has abilities we never expected. It can learn through experience -- much the way humans do -- and it won't be long before machines, like their human creators, begin thinking for themselves, creatively.

When Bob Dylan won the 2016 Nobel Prize in Literature, it shocked the humanitarian world. What's more, Dylan himself hasn't behaved like a traditional Nobel winner: he hasn't commented on the honor and has yet to give an acceptance speech. At least one member of the Nobel panel has called Dylan's silence "rude and arrogant," and the public has been reminded that if he doesn't give a lecture within six months, he won't receive the $900,000 prize money. Selecting Dylan as a Nobel laureate may be contentious, but it's mostly a sign of growth for intellectual society -- at least in Literature, no one is off-limits, not even mumbling masters of wordplay and songwriting. Growing pains are expected as the world of mainstream politics, activism and academia is suddenly forced to consider the potential of new industries, and vice versa.

This article is a part of an evolving theme. Here, I explain the basics of Deep Learning and how Deep learning algorithms could apply to IoT and Smart city domains. Specifically, as I discuss below, I am interested in complementing Deep learning algorithms using IoT datasets. I elaborate these ideas in the Data Science for Internet of Things program which enables you to work towards being a Data Scientist for the Internet of Things (modelled on the course I teach at Oxford University and UPM – Madrid).

Unlike most other lists of top experts, this one is a hand-picked selection, not based on influence or Klout scores, or the number of Twitter followers and re-tweets, or other similar metrics. Each of these experts has his/her own Wikipedia page. Some might not even have a Twitter account. All of them have had a very strong academic and research career in the most prestigious places. Jeffrey Hawkins is the American founder of Palm Computing (where he invented the Palm Pilot) and Handspring (where he invented the Treo).

Close to 350 actors took their grievances to Electronic Arts in Playa Vista on Monday, marching and chanting for more pay and better working conditions for performers who do voice-over and motion-capture work on blockbuster video game titles. The picket line was the latest signal from SAG-AFTRA that it is preparing for a long fight with several prominent game companies, as both sides have failed to agree on the union's demand for residual-like payments that are commonplace in film and TV but not in the gaming industry. SAG-AFTRA also wants employers to reveal the titles of games when hiring actors, but companies including Activision Blizzard, Electronic Arts and Take Two Interactive are arguing that level of transparency is impossible and could put them at a competitive disadvantage. On Monday, the video game companies hit back, accusing SAG-AFTRA negotiators of failing to communicate the most recent proposal to its members before officially calling the strike Friday. "If I was a performer, I would want the opportunity to say yes or no," said Scott Witlin, a lawyer at Barnes & Thornburg and chief negotiator for the gaming companies, during a news conference Monday afternoon.

Even though William Baumol didn't win the Nobel prize this year it got me to thinking about the cost disease, as did the death last week of William Bowen, the co-author of Performing Arts – The Economic Dilemma which brought the cost disease to public attention. The cost disease says that if two sectors have unequal levels of productivity growth then the sector with lower growth will increase in relative price. If in 1900, for example, it took 1 day of labor to produce one A good and 1 day of labor to produce one B good then the goods will trade 1:1. Now suppose that by 2000 1 unit of labor can produce 10 units of A but still only one unit of B. Now the goods trade 10:1. In other words, in 1900 the price or opportunity cost of one B was one A but in 2000 the to get one B you must give up 10 A. B goods have become much more expensive.

When I was a CS student about 13 years ago (damn it, I'm getting old), I was very much fascinated by Fractals. After doing some coding, debugging and fixing things, I had my first Mandelbrot explorer up and running with zoom capabilities. Then, in the closest thing I have ever had to a religious experience, I witnessed how the most simple and random looking way of generating the set produces something that is infinitely self similar and amazingly complex. It was the first time I truly understood how order can spawn out of chaos. It's one of the best examples of how chaotic systems are sensitive to initial conditions.

I had the honor to be one of the warmup acts for President Obama at the White House Frontiers Conference at Carnegie Mellon University in Pittsburgh. Here is the prepared text and slides from the talk I delivered there. As you'll see if you watch the video, what I ended up saying isn't exactly what I had written out in advance, but it is reasonably close. Hearing that Bob Dylan just won the Nobel Prize for Literature, how could I not begin this talk with his famous line, "Something is happening here, but you don't know what it is, do you, Mr. Jones?" The future is full of amazing things.