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Regulating Artificial Intelligence -- Definitely, Maybe - DZone AI

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Statista has it at $60 Billion by 2025, the McKinsey Global Institute puts its between $644 Million and $126 Billion by 2025 and PwC predicts it to be $15.7 Trillion by 2030. There are many such predictions, each with a different number, but the common element is that each of these numbers for the size of the global Artificial Intelligence market is profanely high. However, with Artificial Intelligence, since the potential for a positive impact is life-altering, so is the associated risk. These risks are arguably probable (the degree of the probability is anybody's guess) and have been so aired by the likes of Elon Musk and the late Professor Hawking, most prominently. To the question of "To AI or Not to AI," the huge investments being made by Enterprises and Governments offer a resounding "Yay" vote in favor of advancing Artificial Intelligence systems further.


Autonomous vehicle helped locate 'holy grail of shipwrecks' off Colombia

FOX News

San Jose, which was considered the "holy grail of shipwrecks," was located with the help of an underwater autonomous vehicle An autonomous vehicle was used in 2015 to locate a Spanish galleon that sunk 300 years ago off the coast of Colombia with $17 billion in treasure, the research team that helped in the discovery said on Monday. The San Jose, which was considered the "holy grail of shipwrecks," was located with the help of an underwater autonomous vehicle operated by the Woods Hole Oceanographic Institution. The institution said it was holding the discovery under wraps out of respect for the Colombian government. REMUS 6000 being deployed off the Colombian Navy research ship ARC Malpelo. The treasure--which includes of gold, silver and emeralds-- has been the subject of legal battles between several nations as well as private companies. Several weeks ago, UNESCO, the United Nations cultural agency, called on Colombia not to commercially exploit the wreck, whose exact location remains a state secret.


How GDPR Will Impact the AI Industry

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As part of GDPR, organizations are responsible to clearly describe the processing method in human language while requesting consent from the subject,


This algorithm is quickly clearing old marijuana convictions in San Francisco

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A new machine learning algorithm developed by the nonprofit Code for America can read through charging documents, identify codes for various crimes, and then automatically determine which felony convictions can be downgraded to a misdemeanor (those who also committed violent crimes, for example, can't have their records downgraded). Then the tool automatically fills out required forms that the district attorney can file with the court. For those with a criminal record, the changes could have meaningful impacts on their lives. "If you have a felony conviction, or in many cases, if you have a misdemeanor conviction, there are many employers who will not hire you," says George Gascón, San Francisco district attorney. "There are many landlords that will not allow you to rent or lease a place for them. There are certain types of student loans that you would not qualify because of the felony conviction. So we know that having a felony conviction–for offenses that have been legalized–still holds back a lot of people. Though rates of marijuana use are similar in black and white populations, nationally, someone who is black is nearly four times as likely to be arrested for possession. In California, until marijuana use was legalized, black people were more than twice as likely to be arrested. Clearing records can also improve public safety, Gascón says. "There are two major components to reducing the likelihood that people will commit crimes.


Google deprioritizes its 'Don't be evil' clause in code of conduct

Daily Mail - Science & tech

Google has all but removed a core principle from its employee code of conduct and people are taking notice. For the last 18 years, the Silicon Valley giant has put the phrase'Don't be evil' front and center in its code of conduct as a way of demonstrating that it wants Googlers to strive to do the right thing. That has since changed, however, as Google updated its code of conduct to only briefly mention the phrase, according to Gizmodo, which first spotted the move. Google has all but removed a core principle -- 'Don't be evil' -- from its employee code of conduct. In previous iterations of its code of conduct, Google dedicated several paragraphs to the principle.


5 Factors to Consider Before Exploring AI in Fraud Prediction - Corporate Compliance Insights

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In the field of fraud prediction, with transactional fraud raising every day; investors, board, management and business heads are keen to look at possibilities of detecting fraudulent transactions before they pass through the system. Machine learning algorithms bring efficiency in identifying potentially fraudulent transactions. Certain factors require critical consideration while adopting machine learning for fraud prediction. Through this article find out how these factors are vital in making an effort towards creating machine learning driven fraud prediction meaningful. Artificial intelligence has evolved into mainstream businesses over the past few years.


GDPR isn't danger for machine learning, says GDPR Delivery Manager

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When it comes to machine learning and the upcoming GDPR, which will take place on the 25 May 2018, there is a widespread belief that GDPR might kill machine learning because it brings the obligation to explain the algorithm to the user. Some say that it will stop deep learning completely because you can't explain how the system evolves in deep learning even if you want to. According to Can Huzmeli, GDPR Delivery Manager at ICAN Consultancy, GDPR will not stop, nor is dangerous, for neither machine learning nor deep learning. "GDPR is focusing on what data you used as the input to the system and who you share the data with as a result of your processing. The'how' part is only related to security," said Huzmeli.


How to Prepare for the Machine-Aided Future - InformationWeek

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Intelligent automation is going to impact companies and individuals in profound ways, some of which are not yet foreseeable. Unlike traditional automation, which lacks an AI element, intelligent automation will automate more kinds of tasks in an organization, at all levels within an organization. As history has shown, rote, repetitive tasks are ripe for automation. Machines can do them faster and more accurately than humans 24/7/365 without getting bored, distracted or fatigued. When AI and automation are combined for intelligent automation, the picture changes dramatically.


A Canadian Algorithmic Impact Assessment – Supergovernance – Medium

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Caveat: In an effort to be open about the policy design process, I'm offering this personal perspective. There is no consensus that the approach described below is the way forward, and it may change 1000 times before its finalized. Policy making is sausage making after all. In fact, we do so much, that despite 11 years in the federal public service -- four in a central agency -- I still find myself continually surprised to discover how limited my perspective is of the breadth of government programming, even from my vantage in the ivory tower. You can see for yourself; the GC Infobase provides a visualization of this complexity broken down by spending, and one can get lost in the complexity very quickly.


Google quietly removes 'don't be evil' preface from code of conduct

The Independent - Tech

The most famous phrase in Google's corporate philosophy, "Don't be evil," has been almost entirely removed from the technology giant's code of conduct. Google, which is now a subsidiary of Alphabet after a corporate restructuring in 2015, previously included the phrase "Don't be evil" at the very start of its code, and another two times within the first two paragraphs. The simple language was replaced by vague and less specific wording such as "ethical business conduct". "The Google Code of Conduct is one of the ways we put Google's values into practice," the updated guidelines begins. "It's built around the recognition that everything we do in connection with our work at Google will be, and should be, measured against the highest possible standards of ethical business conduct."