Government
3 trends powering the rise of financial robo-advice
Three critical trends are driving forward the rapid development of a new generation of financial robo-advice models. In fact, gains in these three areas create the potential for a Moore's Law pattern of acceleration in the field of artificial intelligence-powered financial advice models. We generate more than 2.5 billion GB of data every day. For example, states and government organizations now open up their data, including robust offerings from the Internal Revenue Service and the U.S. Census Bureau. There is a similar trend among educational, associations, and nonprofit organizations.
New Video Shows a Creepily Human-Like Robot Doing a Backflip
A new video shows a robot performing amazing acrobatic feats, from backflips to half-turn jumps. The eerily humanoid robot, called Atlas, is 4.9 feet (1.5 meters) tall and weighs 165 pounds (75 kilograms), and uses Lidar and stereovision to navigate in its surroundings, according to Boston Dynamics, which makes the robot. Atlas is designed to be able to take on emergency situations where human life would normally be put at risk, such as going into buildings that have crumbled after an earthquake, or dealing with patients who have deadly, highly infectious diseases, according to the Defense Advanced Research Projects Agency (DARPA). In the video, the newest version of the humanoid does a kind of jump training called plyometrics, leaping between raised platforms, doing a 180-degree turn in the air on raised platforms and performing a backflip off a platform. Though he may not give American gymnast Simone Biles a run for her money right now, the robot does manage to stick the landing.
In the Los Angeles Fires, Drones Take Off for the First Time
The pictures paint Los Angeles as a hellscape, a land of glowing red fire-fronts racing across hills, whipped along by screaming winds. Plumes of dense gray smoke fill the skies. As of Friday afternoon, Southern California was battling blazes in Los Angeles, Ventura, and San Diego counties, which had destroyed more than 500 structures, and forced over 200,000 people to flee. The most harrowing images are of the firefighters marching into this madness, clad in their heavy yellow protective gear, lugging hoses, doing their best to protect people and property from the unpredictable flames. When fires grow this large, resources are stretched thin.
Measuring Territorial Control in Civil Wars Using Hidden Markov Models: A Data Informatics-Based Approach
Anders, Therese, Xu, Hong, Cheng, Cheng, Kumar, T. K. Satish
Territorial control is a key aspect shaping the dynamics of civil war. Despite its importance, we lack data on territorial control that are fine-grained enough to account for subnational spatio-temporal variation and that cover a large set of conflicts. To resolve this issue, we propose a theoretical model of the relationship between territorial control and tactical choice in civil war and outline how Hidden Markov Models (HMMs) are suitable to capture theoretical intuitions and estimate levels of territorial control. We discuss challenges of using HMMs in this application and mitigation strategies for future work.
Tax Bill Favors Adding Robots Over Workers, Critics Say
Equipment at the Custom Group in Woburn, Mass., includes automated robotic cutting tools. Equipment at the Custom Group in Woburn, Mass., includes automated robotic cutting tools. But critics say maybe it should have been named the Tax Cut and Robots Act. That's because it doesn't create new tax incentives that specifically encourage companies to hire workers and create jobs, some employers and economists say. But it does expand incentives for companies to buy robots and machines that replace workers. Republicans say that lowering taxes will boost the economy and spur job creation.
The next big U.S.-China competition: artificial intelligence
What we're watching: Look for Walmart to increase pressure on lawmakers to stand up to the increasingly influential protectionist faction in the White House. Here's what else Penner had to say: Walmart is made better by "being paranoid" about the competition. On how the company is managing its expansion into China by partnering with JD.com: Editors note: Penner is an investor in Axios.
fda-issues-new-guidance-for-clinical-and-patient-decision-support-software
This morning, the Food and Drug Administration released highly anticipated guidance on clinical and patient decision support that has been in the works at the agency for several years, advising the digital health community about how it plans to regulate software that offers recommendations or feedback to its users--both healthcare professionals, and patients and caregivers. It also provides guidance on FDA's interpretation of new software provisions in Section 3060 of the 21st Century Cures Act. Given the explosion of these innovative digital health tools and their strong potential to transform healthcare, this guidance is a significant development for tech companies and investors focusing on this space. Comments will be accepted for 60 days. Industry has been innovating and evolving rapidly.
startup
Deep 6 AI was founded in 2015 and is based in Pasadena, CA.Deep 6 AI finds patients for clinical trials in minutes rather than months. Using artificial intelligence on clinical data, Deep 6 AI's software accelerates patient recruitment exponentially, getting life-saving cures to people faster. Deep 6 AI got its start by beating out some of the biggest names in analytics in a U.S. government-sponsored contest Deep 6 AI has focused exclusively on healthcare, participating in the Techstars Healthcare Accelerator in partnership with Cedars-Sinai, the Healthbox modified-accelerator program, and Stanford's StartX Accelerator.
'We have to keep the bots under control' - Raconteur
At what point does a factory worker lose capacity because of a co-bot? What if a logistics artificial intelligence (AI) system is fooled by new data and makes a fatal error? What if board executives are duped by hostile chatbots and act on misinformation? None of these instances of bot-gone-bad scenarios are science fiction fantasy. Don't forget the Tesla driverless car that mistook a trailer for the sky, the racist Microsoft bot that learnt from bad examples and the chatbots that influenced the 2016 US presidential election.
Ford Will Build Electric Cars in Mexico, Shifting Its Plan
Almost a year ago, after heavy criticism from President-elect Donald J. Trump, Ford Motor Company canceled plans to build a $1.6 billion car plant in Mexico and announced that it would instead equip a Michigan factory to make electric and hybrid models. Now the automaker is changing its plans again, saying it intends to assemble new battery-powered cars in Mexico, not Michigan. But the Michigan location will get an even larger investment than previously planned and will focus on making a range of self-driving cars. The switch comes as the Trump administration has been pushing to renegotiate the North American Free Trade Agreement with Canada and Mexico. Few industries are more heavily affected by the accord than the auto sector, which has rushed to build plants in Mexico over the last several years to take advantage of lower labor costs and that country's extensive network of trade agreements. Late last month, Vice President Mike Pence met with top executives from Ford, General Motors and Fiat Chrysler to discuss trade and the renegotiation effort.