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'Regtech' startups see more business in Trump era

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A visitor uses his mobile phone as he walks past the Microsoft booth with a logo for cloud computing software application at the CeBit computer fair in Hanover, March, 6, 2012. A women holds her laptop as she walks in front of a cloud computing logo at the booth of IBM during preparations for the CeBIT trade fair in Hanover, March 9, 2014. NEW YORK President elect Donald Trump is pro-business and anti-red tape. But what if your business is red tape? Companies whose technology helps banks and investors cope with the welter of post financial crisis regulations and avoid increasingly hefty fines - a sector known as "regtech" - are sanguine about Trump's pledge to dismantle some of those reforms.


Automation And The Future Of Work

Forbes - Tech

There is a strange dichotomy at the moment surrounding the future of work. In public, political movements throughout the western world have seen populist campaigners railing against the threat to jobs from low-wage migrants entering a country, and outsourcing to low-cost regions by multinationals. What hasn't really been touched on is the impact automation might have on jobs in the future. What began with the famous study from Oxford University academics Carl Benedikt Frey and Michael Osborne back in 2013, which highlighted the huge number of white and blue collar jobs that could be disrupted by automation, has progressed to growing interest from governments around the world.. For instance, a report by the British government's Science & Technology Select Committee into AI examined the issue from a range of aspects, from ethics to employment.


How High-Tech Toys Are Making Me Rethink Playtime With My Son

TIME - Tech

Yes, Donald Trump is Making Terrorist Attacks More Likely. Students in China Were Made to Take Exams Outdoors in Toxic Smog. Here's How Acting Helped Emma Stone Deal With Her Anxiety


Russian special forces may get a robot tanklet

Popular Science

A battlefield is a terrible place for a person. War, as a profoundly human endeavor, requires humans, and there is no way around fighting most wars without, at some point, putting humans on the ground. In the future and, increasingly, the present, those humans will be accompanied by robots, often remotely guided machines carrying some share of the burden of the fight. Or, in the case of gun-toting robots like Russia's Nerekhta, the robot will actually be firing a weapon.


You'll have to figure this one out for yourselves.

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Estimated differences: Adjusted mortality: 11.07% Regarding the number of regression parameters: Not explicitly listed, but by the following paragraph, I would suspect there are at least hundreds of regression parameters (such as an indicator of medical of school attended). "We accounted for patient characteristics, physician characteristics, and hospital fixed effects. Patient characteristics included patient age in 5-year increments (the oldest group was categorized as 95 years), sex, race/ethnicity (non-Hispanic white, non-Hispanic black, Hispanic, and other), primary diagnosis (Medicare Severity Diagnosis Related Group), 27 coexisting conditions (determined using the Elixhauser comorbidity index28), median annual household income estimated from residential zip codes (in deciles), an indicator variable for Medicaid coverage, and indicator variables for year. Physician characteristics included physician age in 5-year increments (the oldest group was categorized as 70 years), indicator variables for the medical schools from which the physicians graduated, and type of medical training (ie, allopathic vs osteopathic29 training)."


5 Tech Predictions for 2017

TIME - Tech

I've been writing a tech predictions column for nearly 30 years now. I study our research and look for trends and information that give me hints of what I believe might be the hot topics, trends or issues that will impact the tech industry in the coming year. It's well known that Silicon Valley was generally not a big supporter of President-elect Donald Trump. However, technology executives are pragmatic, and they know they need to deal with his administration if they want to see their tech agenda advanced over the next four (or eight) years. Trump's recent meeting with leaders like Tim Cook, CEO of Apple, Satya Nadella, CEO of Microsoft, Elon Musk, CEO of Tesla and SpaceX and others allowed these leaders to share with Trump their concerns.


Drones from U.S. disappoint Ukraine at the front lines

The Japan Times

WASHINGTON โ€“ Millions of dollars' worth of U.S.-supplied drones that Kiev had hoped would help in its war against Russian-backed separatists have proven ineffective against jamming and hacking, Ukrainian officials say. The 72 Raven RQ-11B Analog mini-drones were so disappointing following their arrival this summer that Natan Chazin, an advisor to Ukraine's military with deep knowledge of the country's drone program, said if it were up to him, he would return them. "From the beginning, it was the wrong decision to use these drones in our (conflict)," Chazin, an adviser to the chief of the general staff of Ukraine's armed forces, told Reuters. The hand-launched Ravens were one of the recent highlights of U.S. security assistance to Ukraine, aiming to give Kiev's military portable, light-weight, unarmed surveillance drones that were small enough to be used widely in the field. They are made by AeroVironment.


AI could boost productivity but increase wealth inequality, the White House says

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Artificial intelligence (AI) technology has the potential to boost productivity but increase wealth inequality and wipe out millions of jobs, a research report by the White House claimed on Tuesday. An increasing number of industries are set to be impacted by automation technology over the coming years which could displace jobs, a fear that has been voiced by academics and business leaders. Auto companies are developing driverless cars while factories could are seeing the increased use of robotics, which has the ability to eat into jobs. But many developments are at the early stage and the impact of automation technology could affect different industries are varying speeds. "Because AI is not a single technology, but rather a collection of technologies that are applied to specific tasks, the effects of AI will be felt unevenly through the economy. Some tasks will be more easily automated than others, and some jobs will be affected more than others--both negatively and positively," the White House report said.


Rise of the robots: 60,000 workers culled from just one factory as China's struggling electronics hub turns to artificial intelligence

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The manufacturing hub for the electronics industry, Kunshan, in Jiangsu province, is seeking a drastic reduction in labour costs as it undergoes a makeover after an industrial explosion killed 146 people in 2014. The county, one-seventh the size of neighbouring Shanghai and the mainland's first county to achieve US$4,000 per capita income, was adjudged the best county for its economic performance by Forbes for seven years in a row. However, the blaze, blamed on poor safety standards and haphazard industrialisation, dented Kunshan's pride. More than a year on, the county, which attracts much of its investment from Taiwan, is trying to reinvent its growth strategy. It is accelerating growth by replacing humans with robots and encouraging start-ups.


The White House is bracing for artificial intelligence transforming the job market โ€“ Tech2

#artificialintelligence

With an increase in automation and the advent of artificial intelligence (AI), there are expected to be significant changes in the job market. The White House has released a report in the ways AI will affect the economy over the coming years and decades. The pace and direction of the development of AI will decide what sectors are affected and how soon. At a minimum, and in the near term future, drivers and cashiers are going to be replaced by machines. AI is going to sooner or later replace millions of jobs, and affect the livelihoods of these workers.