Research Report

What Is the US Banks' AI Strategy?


Artificial intelligence and machine learning saw a significant spike of attention in the past few years – whether it's through partnerships, acquisitions, or in-house developments. The largest financial institutions in the US have been involved in one way or another in bringing artificial intelligence into operations and customer-facing functions. A recent study of 34 major banks across several geographies (US, EU, Singapore, Africa, Australia, India) by MEDICI Team found that 27 out of these 34 banks have implemented AI in their front-office functions in form of a chatbot, virtual assistant, and digital advisor. Some of the most prominent banks in this space across regions are Bank of America, OCBC, ABN Amro, YES BANK, etc. While front-office applications have certainly seen a higher intensity, scope, and adoption, the AI strategy in the US banking industry, in reality, is far more diverse.

Artificial Intelligence (AI) in Agriculture Market will be grow in the upcoming year with players:Connecterra, Vision Robotics – satPRnews


The Research report presents a complete assessment of the market and contains Future trend, Current Growth Factors, attentive opinions, facts, historical data, and statistically supported and industry validated market data. The study is segmented by products type, application/end-users. The research study provides estimates for Global Artificial Intelligence (AI) in Agriculture Forecast till 2023. If you are involved in the Artificial Intelligence (AI) in Agriculture industry or intend to be, then this study will provide you comprehensive outlook. It's vital you keep your market knowledge up to date segmented by Applications Precision Farming, Drone Analytics, Agriculture Robots, Livestock Monitoring & Other, Product Types such as [Machine Learning, Computer Vision & Predictive Analytics] and some major players in the industry.

ML beyond Curve Fitting: An Intro to Causal Inference and do-Calculus


You might have come across Judea Pearl's new book, and a related interview which was widely shared in my social bubble. In the interview, Pearl dismisses most of what we do in ML as curve fitting. While I believe that's an overstatement, it's a nice reminder that most productive debates are often triggered by controversial or outright arrogant comments. Calling machine learning alchemy was a great recent example. After reading the article, I decided to look into his famous do-calculus and the topic causal inference once again.

Artificial Intelligence (AI) in Retail Market to hit $8bn by 2024


Artificial Intelligence (AI) in Retail Market size is set to exceed USD 8 billion by 2024; according to a new research report by Global Market Insights, Inc. The AI in retail market is driven by the increasing investments in it across the globe. The growing investment in the technology is attributed to the wide applications of the AI technology along with advanced analytics, machine learning. AI is set to unleash the next phase of the digital disruption and the market participants are preparing themselves for it. The investment in the technology is growing rapidly, dominated by the tech giants such as Google, Microsoft, IBM, AWS, and Baidu.

Will AI Ever Become Conscious?


One example of a sci-fi struggle to define AI consciousness is AMC's "Humans" (Tues. At this point in the series, human-like machines called Synths have become self-aware; as they band together in communities to live independent lives and define who they are, they must also battle for acceptance and survival against the hostile humans who created and used them. But what exactly might "consciousness" mean for artificial intelligence (AI) in the real world, and how close is AI to reaching that goal? Philosophers have described consciousness as having a unique sense of self coupled with an awareness of what's going on around you. And neuroscientists have offered their own perspective on how consciousness might be quantified, through analysis of a person's brain activity as it integrates and interprets sensory data.

AI in Marketing: 4 Crazy Myths You Need To Stop Believing


Lately, AI-powered marketing has been a buzzword across the world. And while the whole marketing world is talking about it, a recent study finds that AI adoption in marketing is limited by marketers. Because it is still quite new within the marketing landscapes and in all the buzzing excitement, many marketers are still suspicious of it. Here we will break down the misconceptions many marketers have that keep them from adopting artificial intelligence to enhance every step of their customer journey. No, on the contrary, it will enhance it.

Woman says her Echo device recorded and sent a private conversation

Daily Mail

Be careful of what you say around your Echo devices. A Portland woman was shocked to discover that Echo recorded and sent audio of a private conversation to one of their contacts without their knowledge, according to KIRO 7. The woman, who is only identified as Danielle, said her family had installed the popular voice-activated speakers throughout their home. It wasn't until a random contact called to let them know that he'd received a call from Alexa that they realized their device had mistakenly transmitted a private conversation. The contact, who was one of her husband's work employees, told the woman to'unplug your Alexa devices right now. 'We unplugged all of them and he proceeded to tell us that he had received audio files of recordings from inside our house,' the woman said.

NTSB report says self-driving Uber saw pedestrian 6 seconds before deadly crash

FOX News

Raw video: Cameras mounted inside the car catches the fatal moment. Authorites are investigating the cause of the crash. The self-driving Uber SUV that struck and killed Elaine Herzberg in Tempe, Ariz., in March picked her up on its sensors six seconds before it hit her, but did not determine that it needed to stop or evade her until it was too late, according to federal investigators. Herzberg was jaywalking her bicycle across a four-lane section of road on the night of March 18 when the Volvo XC90 SUV ran into her. A preliminary report on the accident from the National Transportation Safety Board issued on Thursday said that a review of the data from the car shows that it first identified her as an unknown object, then as a vehicle and finally as a bicycle.

Uber's Self-Driving Car Saw the Woman It Killed, Report Says


The federal investigators examining Uber's fatal self-driving crash in March released a preliminary report this morning. It lays out the facts of the collision that killed a woman walking her bicycle in Tempe, Arizona, and explains what the vehicle actually saw that night. The National Transportation Safety Board won't determine the cause of the crash or issue safety recommendations to stop others from happening until it releases its final report, but this first look makes two things clear: Engineering a car that drives itself is very hard. And any self-driving car developer that is relying on a human operator to monitor its testing systems--to keep everyone on the road safe--should be extraordinarily careful about the design of that system. The report says that the Uber vehicle, a modified Volvo XC90 SUV, had been in autonomous mode for 19 minutes and was driving at about 40 mph when it hit 49-year-old Elaine Herzberg as she was walking her bike across the street.

Self-driving Uber saw pedestrian 6 seconds before fatal crash, new NTSB report says


More details have emerged about the self-driving Uber car crash that killed a woman in Arizona earlier this year. The National Transportation Safety Board (NTSB) released its preliminary findings Thursday about the March 18 fatal crash. Elaine Herzberg, 49, was struck and killed while walking a bicycle across a four-lane road in Tempe, Arizona. A 44-year-old Uber test driver was at the wheel of the modified 2017 Volvo XC90. The car was in autonomous mode and had been for the 19 minutes before the crash.