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Cybercriminals scam £200,000 out of energy firm by using AI to mimic CEO's voice

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It's one of our most distinctive features, but it seems that your voice isn't safe from cybercriminals, if a recent case is anything to go by. In the case, cybercriminals developed an AI that mimicked a CEO's voice so well, that it was able to scam an energy firm out of hundreds of thousands of pounds. The Wall Street Journal reported the scam, which happened back in March, and saw criminals swindle a staggering $243,000 (£201,000). The fraudsters used AI to mimic a chief executive from the German parent company of an unnamed UK energy firm. This voice was so believable that the UK-based CEO was tricked into making a large transfer of money to the chief executive, via a Hungarian supplier.


Facial recognition technology scrapped at King's Cross site

The Guardian

Facial recognition technology will not be deployed at the King's Cross development in the future, following a backlash prompted by the site owner's admission last month that the software had been used in its CCTV systems. The developer behind the prestigious central London site said the surveillance software had been used between May 2016 and March 2018 in two cameras on a busy pedestrian street running through its heart. It said it had abandoned plans for a wider deployment across the 67-acre, 50-building site and had "no plans to reintroduce any form of facial recognition technology at the King's Cross Estate". The site became embroiled in the debate about the ethics of facial recognition three weeks ago after releasing a short statement saying its cameras "use a number of detection and tracking methods, including facial recognition". That made it one of the first landowners to acknowledge it was deploying the software, described by human rights groups as authoritarian, partly because it captures and analyses images of people without their consent.


The Amazing Ways YouTube Uses Artificial Intelligence And Machine Learning

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There are more than 1.9 billion users logged in to YouTube every single month who watch over a billion hours of video every day. With this number of users, activity, and content, it makes sense for YouTube to take advantage of the power of artificial intelligence (AI) to help operations. Here are a few ways YouTube, owned by Google, uses artificial intelligence today. In the first quarter of this year, 8.3 million videos were removed from YouTube, and 76% were automatically identified and flagged by artificial intelligence classifiers. More than 70% of these were identified before there were any views by users.


Tim Kane: How do you measure value? And other great questions for Labor Day

FOX News

Fox News Flash top headlines for September 1 are here. Check out what's clicking on Foxnews.com As Americans celebrate Labor Day 2019, robots are stealing their jobs, as are immigrants, as are cheap imports from China. The first puzzle is: if all of these nefarious forces of free markets are stealing jobs, how is it that there are more Americans employed than ever before? Today, there are over 151 million workers on U.S. payrolls.


Top tech investor claims smart assistants are being used to SPY on users by Google, Apple and Amazon

Daily Mail - Science & tech

John Borthwick (above) believes the convenience of today's smart assistants comes at a price far higher than the cost paid for the devices. 'It's hard to call it anything but surveillance,' says the former Time Warner exec Tech investor John Borthwick believes the convenience of today's smart assistants from Amazon, Google and Apple comes at a price far higher than the cost paid for the devices. 'From a consumer standpoint, user standpoint, is that these, these devices are being used for what's -- it's hard to call it anything but surveillance,' Borthwick says, warning that government regulation may be the only safeguard to user privacy. Borthwick, a venture capitalist who started out in the technology industry with a web content studio that was bought by AOL, and who later headed tech strategy for Time Warner, tells Yahoo that he expects regulators will hand over more control of privacy to device users. As it stands now, he warns tech companies that manufacture and sell popular smart speakers, like Amazon's Echo, Google Assistant and Apple's HomePod, are having much more than they're audible responses recorded.


U.S. Patent and Trademark Office wants your opinion on AI inventions

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The U.S. Department of Commerce's Patent and Trademark Office (USPTO) is asking for the help of experts and the broader public to determine the impact AI will have on intellectual property and "whether new forms of intellectual property protection are needed." A call for public comment was published in the Federal Registrar by the USPTO today in search of answers about such issues as how AI is reshaping perceptions of inventions or whether additional information should be required to claim a deep learning system as an invention since they can have a large number of hidden layers and weights that evolve. To help solicit responses, the notice in the federal registrar comes along with a series of questions such as "what is an AI invention and what does it contain?" "What are the different ways that a natural person can contribute to conception of an AI invention and be eligible to be a named inventor? Structuring data in order to train a model?


Worker-Protection Laws Aren't Ready for an Automated Future

#artificialintelligence

Science fiction has long imagined a future in which humans constantly interact with robots and intelligent machines. This future is already happening in warehouses and manufacturing businesses. Other workers use virtual or augmented reality as part of their employment training, to assist them in performing their job or to interact with clients. And lots of workers are under automated surveillance from their employers. All that automation yields data that can be used to analyze workers' performance.


Delivering Novel Artificial Intelligence Models to Transform Businesses Analytics Insight

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The world is the witness of how artificial intelligence has transformed the digital landscape for good. The technology is crucial enough that every organisation must shelter it. It has the power to yield better outcomes for an organisation while enhancing efficiency and productivity. Therefore, its adoption becomes must for those who desire to excel with technological excellence. Amit Gautam, who has been an innovator all along and has patents in various fields including Career Ethernet, HCI, Sensor networks and more, has brought a set of technologies that are crucial for the adoption of AI.


accessiBe launches first-ever AI-driven web accessibility tool

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TEL-AVIV, Israel–(BUSINESS WIRE)–accessiBe has recently launched a pioneering web accessibility tool powered by artificial intelligence (AI). The solution simplifies the way companies and site owners can make their content accessible to users with disabilities by using AI to automatically apply accessibility standards to their websites. The AI solution scans and analyzes the website and, within 48 hours, applies the necessary modifications so that the site transmits compliant and accessible content to the end users. The AI also re-scans for new and revised content daily which benefits sites that feature dynamic or fast-changing content. After two years of development, accessiBe was eventually launched in 2018 in Israel where it went through successful pilot efforts.


Regulatory focus on technology risk

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Public policy attention is being directed toward various elements directly related to the collection, maintenance, and use of data. These elements include privacy and security, cloud computing (primarily processing, such as data storage, networking, and analytics), and machine learning (ML) and artificial intelligence (AI). Recent public policy developments in each of these areas follow. Regulators are taking actions to outline the parameters and expectations for privacy practices as well as to enhance data governance and strengthen consumer protection. Many organizations are dependent on third-party vendors for the rapid deployment or scalability of technology applications, which gives rise to issues and risks related to governance and accountability.