Government
Policymakers want to regulate AI but lack consensus on how
According to a new Clifford Chance survey of 1,000 tech policy experts across the United States, U.K., Germany and France, policymakers are concerned about the impact of artificial intelligence, but perhaps not nearly enough. Though policymakers rightly worry about cybersecurity, it's perhaps too easy to focus on near-term, obvious threats while the longer-term, not-obvious-at-all threats of AI get ignored. Or, rather, not ignored, but there is no consensus on how to tackle emerging issues with AI. When YouGov polled tech policy experts on behalf of Clifford Chance and asked priority areas for regulation ("To what extent do you think the following issues should be priorities for new legislation or regulation?"), ethical use of AI and algorithmic bias ranked well down the pecking order from other issues: Maybe this isn't a big deal, except that AI (or, more accurately, machine learning) finds its way into higher-ranked priorities like data privacy and misinformation. Indeed, it's arguably the primary catalyst for problems in these areas, not to mention the "brains" behind sophisticated cybersecurity threats.
Six Retail Banking Technology Trends for 2022
The growth of digital banking usage, the emergence of new technologies, the blurring of industry ecosystems and an increased focus on innovation are creating challenges and opportunities in banking. Consumers are increasingly turning to fintech solutions and big tech platforms, fragmenting existing relationships for essential financial services, such as deposits, loans, payments and investments. The importance of developing and deploying new digital services, building new business models, and transforming from a product-centric to customer-centric culture should be the focus for all banks and credit unions going forward. No longer can these initiatives be long-term objectives. They must be accomplished now … at digital speed and scale.
Hebbian Governance
TL;DR -- Each set of rules, even similar ones, behave very differently. Researchers are finding the rules that make a system learn and innovate -- in artificial neural networks, the algorithms used in A.I. Those are far superior at finding results, compared to the crude and corrupted'algorithm' of our nations' governance. Our governmental protocol currently forms a giant, dumb A.I. and that's why we can't solve problems that a single human brain finds obvious. We need specific, researched rules for collaboration and governance, such that our Leviathan behaves more like a neural network, a functioning brain. Research gives us a clear picture of which options seem good, so far, and where we should look for improvements.
Robot Waiters Take Iraq's Mosulites Back To The Future
From the rubble of Iraq's war-ravaged city of Mosul arises the sight of androids gliding back and forth in a restaurant to serve their amused clientele. "Welcome", "We wish you a good time in our restaurant", "We would be happy to have your opinion on the quality of the service", chime the automated attendants, red eyes blinking out of their shiny blue and white exteriors. "On television, you see robots and touch-screen tables in the United Arab Emirates, Spain and Japan," said Rami Chkib Abdelrahman, proud owner of the White Fox which opened in June. "I'm trying to bring these ideas here to Mosul." The futuristic servers are the result of technology developed in the northern city, erstwhile stronghold of the Islamic State jihadist group.
Europe's AI laws will cost companies a small fortune – but the payoff is trust
Now too is the legislation proposing to regulate it. Earlier this year, the European Union outlined its proposed artificial intelligence legislation and gathered feedback from hundreds of companies and organizations. The European Commission closed the consultation period in August, and next comes further debate in the European Parliament. As well as banning some uses outright (facial recognition for identification in public spaces and social "scoring," for instance), its focus is on regulation and review, especially for AI systems deemed "high risk" -- those used in education or employment decisions, say. Any company with a software product deemed high risk will require a Conformité Européenne (CE) badge to enter the market.
Ten Visions for Our Future
This is a summary of the book "AI 2041" -- By Kai-Fu Lee and Chen Qiufan. This book gives a provocative work of speculative fiction with analysis that explores the ways in which AI will shake up our world over the next twenty years. It often feels as if the modern world is already a science fiction fantasy. Who'd have guessed that one day you'd be able to request a song from your household appliances, or that you'd have a computer in your pocket that would remind you when it's time to go for a walk? But this is only the start. The advancement of deep learning and natural language acquisition will accelerate AI advancements. Self-driving cars and weapons are already in the works. Deepfake films and virtual reality games are getting so convincing that it's difficult to tell the difference between fiction and reality. Each of the following concept begins with a short, fictitious scenario about what the world may look like in 2041 -- that is, after another 20 years of AI progress – followed by a study of the societal implications of these advances. They'll work together to help you get ready for the AI revolution. In 2041, Nayana's family in Mumbai signed up with a new insurance business called Ganesh Insurance, which drastically reduced their insurance payments.
Accelerating healthcare AI innovation with Zero Trust technology
From research to diagnosis to treatment, AI has the potential to improve outcomes for some treatments by 30 to 40 percent and reduce costs by up to 50 percent. Although healthcare algorithms are predicted to represent a $42.5B market by 2026, less than 35 algorithms have been approved by the FDA, and only two of those are classified as truly novel.1 Obtaining the large data sets necessary for generalizability, transparency, and reducing bias has historically been difficult and time-consuming, due in large part to regulatory restrictions enacted to protect patient data privacy. That's why the University of California, San Francisco (UCSF) collaborated with Microsoft, Fortanix, and Intel to create BeeKeeperAI. It enables secure collaboration between algorithm owners and data stewards (for example, healthy systems, etc.) in a Zero Trust environment (enabled by Azure Confidential Computing), protecting the algorithm intellectual property (IP) and the data in ways that eliminate the need to de-identify or anonymize Protected Health Information (PHI)--because the data is never visible or exposed. By uncovering powerful insights in vast amounts of information, AI and machine learning can help healthcare providers to improve care, increase efficiency, and reduce costs.
AI Weekly: Defense Department proposes new guidelines for developing AI technologies
This week, the Defense Innovation Unit (DIU), the division of the U.S. Department of Defense (DoD) that awards emerging technology prototype contracts, published a first draft of a whitepaper outlining "responsible … guidelines" that establish processes intended to "avoid unintended consequences" in AI systems. The paper, which includes worksheets for system planning, development, and deployment, is based on DoD ethics principles adopted by the Secretary of Defense and was written in collaboration with researchers at Carnegie Mellon University's Software Engineering Institute, according to the DIU. "Unlike most ethics guidelines, [the guidelines] are highly prescriptive and rooted in action," a DIU spokesperson told VentureBeat via email. "Given DIU's relationship with private sector companies, the ethics will help shape the behavior of private companies and trickle down the thinking." Launched in March 2020, the DIU's effort comes as corporate defense contracts, particularly those involving AI technologies, have come under increased scrutiny.
Artificial intelligence successfully predicts protein interactions
DALLAS – Nov. 16, 2021 – UT Southwestern and University of Washington researchers led an international team that used artificial intelligence (AI) and evolutionary analysis to produce 3D models of eukaryotic protein interactions. The study, published in Science, identified more than 100 probable protein complexes for the first time and provided structural models for more than 700 previously uncharacterized ones. Insights into the ways pairs or groups of proteins fit together to carry out cellular processes could lead to a wealth of new drug targets. "Our results represent a significant advance in the new era in structural biology in which computation plays a fundamental role," said Qian Cong, Ph.D., Assistant Professor in the Eugene McDermott Center for Human Growth and Development with a secondary appointment in Biophysics. Dr. Cong led the study with David Baker, Ph.D., Professor of Biochemistry and Dr. Cong's postdoctoral mentor at the University of Washington prior to her recruitment to UT Southwestern.
Artificial Intelligence Tech Will Arrive in Three Waves
I've done a lot of writing and research recently about the bright future of AI: that it'll be able to analyze human emotions, understand social nuances, conduct medical treatments and diagnoses that overshadow the best human physicians, and in general make many human workers redundant and unnecessary. I still stand behind all of these forecasts, but they are meant for the long term – twenty or thirty years into the future. And so, the question that many people want answered is about the situation at the present. Luckily, DARPA has decided to provide an answer to that question. DARPA is one of the most interesting US agencies.