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Artificial Intelligence To Add $182 Billion To U.A.E.'s Economy By 2035

#artificialintelligence

Artificial intelligence or AI as it is more commonly referred to will have a strong economic impact in the U.A.E., a new study has found. According to a report by Accenture, AI will boost economic growth within the U.A.E. by 1.6 percentage points, adding $182 billion to the national economy by 2035. The report examined the impact of using AI on 15 industries in the U.A.E. and 13 in Saudi Arabia. As per the findings, AI was found to have the maximum impact on the financial services, healthcare, transport and storage industries with increases of $37 billion, $22 billion and $19 billion, respectively, in their annual gross value added (GVA), which measures the output value of all goods and services in a sector. AI is also set to lead to an increase of $6 billion and $8 billion in GVA within labor intensive industries such as education and construction respectively, the report found.


Another Fortune 500 Company to Conduct Pilot Evaluation of OneSoft--s Machine Learning Platform

#artificialintelligence

Edmonton, Alberta, Feb. 07, 2018 (GLOBE NEWSWIRE) -- OneSoft Solutions Inc. (the --Company-- or --OneSoft--) (TSX-V:OSS, OTC:OSSIF)--is pleased to announce that its wholly owned subsidiary, OneBridge Solutions, Inc. (--OneBridge--), has entered into a Pilot Program agreement with another U.S.-based, Fortune 500 natural gas, oil and petrochemical company (the --Client--). The Client, whose operations include natural gas gathering, treating, processing, transportation and storage, primarily in the United States, will evaluate OneBridge--s Cognitive Integrity ManagementTM (--CIM--) SaaS solution.


Applied AI News

AI Magazine

Eastman Kodak (Rochester, N.Y.), a manufacturer of imaging-related products, has developed an online neural network-based machine vision system for surface mount solder paste inspection. Caere (Los Gatos, Calif.), a provider of neural network-based optical character recognition (OCR) technology, has signed an agreement to supply IBM Ireland with OCR Readers for AN POST, Ireland's national postal service. Using a handheld wand, postal employees will be able to scan text and read bar codes from anywhere on a document. BrainTech (Scottsdale, Ariz.), a developer of neural network and fuzzy logic-based pattern recognition technologies, has signed a development agreement with Raven (Alexandria, Va.), a developer of acoustic systems for the U.S. Navy. BrainTech will integrate its pattern-matching recognition engine into Raven's new medical diagnostic systems.


AI, Market Research, and the 3 E's

#artificialintelligence

Market researchers face pressure to produce better results at faster speeds. Can AI help them meet this challenge?


Honda's new robot looks like WALL-E's lovechild

Mashable

Honda showed off a slick new Sports EV concept at the Tokyo Motor Show earlier this week, but the automaker's most charming future-forward design to debut at the event isn't something you'll ever take for a drive. The Japanese company unveiled the RoboCas concept, an all-electric, self-driving cargo robot that looks like the offspring of the bot couple from Disney's WALL-E. I mean, just look at this thing. There's not a ton of information about the RoboCas concept in terms of specs, so we don't know how long its battery might last or what type of system enables the self-driving functionality beyond a reference to "Honda's autonomous mobility technology." Honda instead described the bot as a companion that was "born to make each person's ideas and dreams come true."


AUSA 2017: 4 amazing land vehicles at this year's show

FOX News

Fox Firepower: Defense Specialist Allison Barrie shares her top picks of high-tech military vehicles on display at AUSA 2017 including a fuel-cell powered Chevy truck and a self-driving Polaris MRZR. Armored vehicles with laser weapons, silent motorcycles that can run on jet fuel, self-driving ATVs and futuristic Chevy trucks - there were a lot of eye-popping vehicles in the nation's capital this week. Many vehicles from giant tanks through to tiny rolling surveillance robots were on display this year. Here are four of the most popular draws throughout the week. As far as draws go, it is hard to beat a vehicle responsible for keeping soldiers safe – and one that now has a laser weapon.


Digital Transformation of the oil and gas sector

@machinelearnbot

The oil and gas industry has always been seen as conservative and resistant to change but due to the recent drop in the oil prices, both the upstream and downstream companies are looking now at innovative ways to reduce CAPEX and increase production and safety to achieve operational excellence. The digital technologies and IIoT are seen as the main way to a varied range of key benefits. In a recent survey published by GBC, the keynote speakers of the IIoT and Digital Solutions for oil and gas conference (OMV, Eni, Petronas and Halliburton) have mentioned that the mind-set change in integrating the IT in the overall business strategy and the breakdown of cultural and technical silos will leverage the speed of the opportunities in this sector and will deeply transform the legacy operations. This has a direct impact on the skills required in the future in the oil and gas industry as well. It is a common agreement in the industry that Real time resource optimization, predictive maintenance, personalised service at the retails points and integration of the supply chain make a difference for both upstream and downstream operations.


Prediction of amino acid side chain conformation using a deep neural network

arXiv.org Machine Learning

A deep neural network based architecture was constructed to predict amino acid side chain conformation with unprecedented accuracy. Amino acid side chain conformation prediction is essential for protein homology modeling and protein design. Current widely-adopted methods use physics-based energy functions to evaluate side chain conformation. Here, using a deep neural network architecture without physics-based assumptions, we have demonstrated that side chain conformation prediction accuracy can be improved by more than 25%, especially for aromatic residues compared with current standard methods. More strikingly, the prediction method presented here is robust enough to identify individual conformational outliers from high resolution structures in a protein data bank without providing its structural factors. We envisage that our amino acid side chain predictor could be used as a quality check step for future protein structure model validation and many other potential applications such as side chain assignment in Cryo-electron microscopy, crystallography model auto-building, protein folding and small molecule ligand docking.


Price-bots can collude against consumers

#artificialintelligence

MARTHA'S VINEYARD, an island off the coast of Massachusetts, is a favourite summer retreat for well-to-do Americans. A few years ago, visitors noticed that petrol prices were considerably higher than in nearby Cape Cod. Even those with deep pockets hate to be ripped off. A price-fixing suit was brought against four of the island's petrol stations. The judges found no evidence of a conspiracy to raise prices, but they did note that the market was conducive to "tacit collusion" between retailers.


SureFly, a New Air Taxi That Runs On Electricity--and Gasoline

IEEE Spectrum Robotics Channel

Range anxiety, the bugaboo of all-electric driving, is even more frightening for all-electric flying, where running out of power has worse consequences than having to pull over to the side of the road. A solution now comes from Workhorse, an Ohio-based firm. It has a passenger-carrying air taxi, called the SureFly, which combines the company's expertise in partially automated operation, from its drone business, and in hybrid-electric propulsion, from its truck business. The craft's eight counter-rotating motors each drive a carbon-fiber rotor, and the power comes from a generator cranked by an internal-combustion engine. You can fly 110 kilometers (70 miles) on a tank, then refill in minutes.