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Top priest shares 'The Ten Commandments of A.I.' for ethical computing Internet of Business

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A senior clergyman and government advisor has written what he calls "the Ten Commandments of AI", to ensure the technology is applied ethically and for social good. AI has been put forward as the saviour of businesses and national economies, but how to ensure that the technology isn't abused? The Rt Rev the Lord Bishop of Oxford (pictured below), a Member of the House of Lords Select Committee on Artificial Intelligence, set out his proposals at a policy debate in London, attended by representatives of government, academia, and the business world. Speaking on 27 February at a Westminster eForum Keynote Seminar, Artificial Intelligence and Robotics: Innovation, Funding and Policy Priorities, the Bishop set out his ten-point plan, after chairing a debate on trust, ethics, and cybersecurity. AI should be designed for all, and benefit humanity.


AI News: Artificial Intelligence Surging Interest For Big Oil Companies Stock News & Stock Market Analysis - IBD

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Tech giants Apple (AAPL), Alphabet (GOOGL), Facebook (FB), and Microsoft (MSFT) have raced to apply artificial intelligence to their businesses, and the oil industry is starting to seize on AI's benefits too. The reason interest is surging now is because artificial intelligence is "actually doable," he said in an interview with IBD at CERAWeek, explaining that advancements in cloud computing and infrastructure have made AI more affordable and accessible. "The industrial world is waking up to best practices," he said. "They are all waking up to it." Several heavyweights in the energy industry are already investors in his company, including General Electric (GE), Chevron (CVX), Royal Dutch Shell (RDSA) and Saudi Aramco.


Waymo to test self-driving big rig as big week for autonomous trucks continues

The Independent - Tech

The autonomous vehicle division of Google's parent company will start hauling cargo using self-driving trucks, capping a busy week for next-generation shipping technology. Waymo, the driverless vehicle unit of Alphabet, announced a pilot programme that will have self-driving big rigs transport cargo to the company's data centres in Georgia. Several companies are vying to dominate the nascent self-driving vehicle industry, believing the technology will reshape how humans and goods travel. Waymo has already extensively tested autonomous cars intended to ferry people around. "Now we're turning our attention to things as well", the company said in a blog post, noting that driverless trucks pose unique tech challenges.


Trump's video game meeting may not lead to any further action

Engadget

Trump opened the meeting with a highlight reel of clips from the last decade of gaming, ranging from goofy to excessively bloody violence. Some attendees didn't expect any significant resolution, Glixel reported, and saw the meeting as an opening foray into a larger conversation...on gun violence in America. Critics of the industry called for regulations that would make it difficult for youths to buy violent games, and some asked Trump to widen the discussion to include violent movies and TV shows. But beyond sharing opinions during the closed-door summit, there was no commitment from attendees or the White House on concrete action. Instead, it seemed a stage to reframe the post-Parkland debate around video games' influence on school shootings.


China Overtakes the US in the Artificial Intelligence Race - Leaders League

#artificialintelligence

In 2017, investments in startups riding the wave of AI across the world leapt up by 141% in a year, amounting to 15.2 billion dollars. Some 1,100 new startups came into existence. The fourth industrial revolution is very much underway and has sent shockwaves through all sectors, from agriculture to cybersecurity as well as business and even healthcare. Some observers even believe that the economic growth of a country soon be assessed, not by its capital but by its level of maturity in terms of AI. These predictions will no doubt delight some and terrify others.


Pakistan: Drone Strike Kills Taliban Chief's Son, 20 Others

U.S. News

The spokesman for the Pakistani Taliban says the son of their chief, Mullah Fazlullah, was among 21 "holy warriors" killed this week when missiles fired by a U.S. drone struck a seminary in Afghanistan.


8 hedge funds using AI and machine learning

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Hedge funds are increasingly turning their attention towards artificial intelligence technology to get an edge on the competition when it comes to trading strategies. Quantitative trading - a subset of what hedge funds do which focuses on algorithms and computers to trade clients' assets - is a natural testbed for machine learning technology, which is good at spotting trends in big data sets and executing at high speed. For example, at Man Group - a London-based hedge fund - "by 2015 artificial intelligence was contributing roughly half the profits in one of Man's biggest funds, the AHL Dimension Programme that now manages $5.1 billion, even though AI had control over only a small proportion of overall assets," as reported by Bloomberg. For what it's worth, European Union lawmakers have attempted to legislate against algorithm-centric funds disrupting the market with the Markets in Financial Instruments Directive (MiFID II) regulation. Britain's Financial Conduct Authority (FCA) meanwhile is charged with maintaining order in UK markets, but these efforts can be difficult when the algorithms are by their nature difficult to investigate - also known as black box algorithms.


BalabitArtificial Intelligence in cybersecurity: friend or foe? - Balabit

#artificialintelligence

There's no doubting that artificial intelligence (AI) is on the rise. It's already supporting businesses with their marketing strategies, being used in driverless cars and recommending movies for us to watch. It's also expected to grow even further in the coming years. According to Gartner, AI technologies will be found in almost all new software, products and services by 2020. And according to Constellation Research, the AI market will surpass $100 billion by 2025. Businesses will be making the most of AI to complement their data analysis, automate their processes and anticipate future trends.


San Francsico Mayor Wants a Safety Test for Self-Driving Cars

WIRED

For many cities, here's the toughest pill to swallow: Their mayors don't actually have control of their streets. This is true of the metro Phoenix area, where Google's self-driving sister company Waymo is testing cars without drivers inside. And Miami, where Ford will touch down with self-driving pizza delivery vehicles this month. And Boston, where cars powered by the developer NuTonomy are picking people up near the seaport. In the US, self-driving car testing is regulated on the state level.


Uber's Robo-Truck, McLaren's Senna Supercar, and More Cars News This Week

WIRED

If the phrase "autonomous vehicle" makes you think of some four-wheeled pod tootling around the city, you need to think bigger. For all the talk of robo-taxis, the smart money says that when this tech comes for our roads, it'll start on the highway. And if you're looking for proof, grab your sunglasses, a trucker hat, and a ticket to Arizona or Florida--the testing grounds of choice for the companies teaching trucks to drive themselves. This week, we have news of Uber testing in the Copper State and startup Starsky Robotics sending a truck down a Florida highway, all by itself. Meanwhile, the titans of the auto industry met at the Geneva Motor Show, where the talk centered on supercars--and how to take down Elon Musk.