One of the most frequently-used phrases at business events these days is "the future of work." It's increasingly clear that artificial intelligence and other new technologies will bring substantial changes in work tasks and business processes. But while these changes are predicted for the future, they're already present in many organizations for many different jobs. The job and incumbents described below are an example of this phenomenon. Steve Miller of Singapore Management University and I are collaborating on these stories.
Investor demand for innovative emerging companies remains strong with Australian AI tech startup Tiliter completing a $7.5 million capital raise, led by Investec Emerging Companies (IEC). Eleanor Venture, a tech investment syndicate for angel investors, and New York's Cornell University also participated in the funding round. Tiliter is a leading artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes. Its technology automatically identifies items, such as fresh produce, without the need for barcodes, packaging, and price stickers, making it easier for shoppers to manage during self-checkout. Tiliter is currently focused on the Supermarket vertical and its camera and software system uses AI to pre-select items and remove the need for manual entry, with over 99% accuracy and in under one second.
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AI has increasingly been implemented by food firms over the past year, helped along by initiatives such as the Government's Made Smarter programme. Logistics firms have been incorporating software in the cloud to help increase workflow, while the use of robot cleaners powered by AI have allowed manufacturers to free up members of staff for more important tasks. Meanwhile, artificial intelligence is just one of the routes being taken by food manufacturers in their quests to make their factories self-sufficient. We explore the ways food firms are implementing technology in the role of preventative maintenance to prevent failures to the production line before they happen.
Before you ever step into a new coffee shop, years of urban planning have gone into building that brick-and-mortar building in your neighborhood. Urban planning is a multi-faceted discipline in which planners collect data points from targeted areas to determine if a store, hospital or other types of buildings are likely needed in that area. It also involves determining if the needed infrastructure to support the building is there or needs to be added. The data provides context to planners and includes things such as geographic factors, socioeconomic statistics and human mobility. This kind of planning can take years to configure, but for first-year computer science doctoral student Dongjie Wang, that isn't efficient.
The grocery chain and agency 360i recently launched a Twitter account called Chefbot that can identify up to three foods in user-submitted images and search a database of recipes for the best match. The makers claim the bot is trained to recognize 2,000 ingredients and pulls from a log of around 20,000 recipes. While the tool is fairly rudimentary for now, Kroger has big plans to grow it into something more sophisticated over time, along with 360i and tech partners Coffee Labs and Clarifai. The creators plan to incorporate every interaction the bot has into its training data in order to make future iterations more accurate at identifying foods and customizing recipes. "Over time, Chefbot will continuously learn and improve, and we're excited about how the experience will evolve and can eventually integrate into Kroger's mobile app," Menno Kluin, chief creative officer at 360i, said.
Prime Day has come early with some amazing deals. Purchases you make through our links may earn us a commission. Amazon's long-awaited Prime Day will be here before you know it (it's October 13 and October 14 if you haven't already set your alarms) but if you're anything like us, and the anticipation is proving too much to bear, we're going to let you in a little secret: You don't have to wait for the big day to arrive. The mega-retailer has already released a slew of amazing deals ahead of schedule, and we've sorted through them all to bring you the best of the best. From a pair of true wireless earbuds that's sure to knock your socks off to a slow cooker that will make holiday cooking a breeze, these are the best early Prime Day deals you can shop this weekend.