Humanity has been on the road for a very long time--from the beginning, when each individual had to collect sufficient food to survive every single day--to the point where we invented agriculture. At that point, we moved from 99% survival and 1% reproduction to a brand new model. Growing food marked the introduction of leisure. Since then, every step in our evolution has proceeded along the lines of doing more and more with less and less. You might recall the 1899 story of Charles H. Duell, Commissioner of the U.S. Patent Office, lobbying President McKinley for its closure, claiming that "everything had already been invented."

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Artificial intelligence is already helping determine your future – whether it's your Netflix viewing preferences, your suitability for a mortgage or your compatibility with a prospective employer. But can we agree, at least for now, that having an AI determine your guilt or innocence in a court of law is a step too far? Worryingly, it seems this may already be happening. When American Chief Justice John Roberts recently attended an event, he was asked whether he could forsee a day "when smart machines, driven with artificial intelligences, will assist with courtroom fact finding or, more controversially even, judicial decision making". He responded: "It's a day that's here and it's putting a significant strain on how the judiciary goes about doing things".

The Chicago Tribune reports that prosecutors accuse 25-year-old Stephen Jackson and 28-year-old Trenell Kirkman of arranging to meet and rob six different men through the app. Prosecutors say they would take their victims' wallets and phones, as well as demanded their phone passwords.

Artificial Intelligence or AI is making revolutionary changes in most of the industries in the recent years. Almost every industry face the heat of AI, and many of them will get the benefit of it in future. Per industry experts, transportation, medicine, gambling, and Personal Assistance Services Industry would see most visible changes. Due to the transition of gambling to online mode, the technology would enhance the gaming experience to higher levels. It is great to know how AI is going to change the pace of online gambling.

On the first day of school, a child looks into a digital camera linked to the school's computer. Upon a quick scan, the machine reports that the child's facial contours indicate a likelihood toward aggression, and she is tagged for extra supervision. Not far away, another artificial intelligence screening system scans a man's face. It deduces from his brow shape that he is likely to be introverted, and he is rejected for a sales job. Plastic surgeons, meanwhile, find themselves overwhelmed with requests for a "perfect" face that doesn't show any "bad" traits.

Artificial intelligence is starting to change the way we live and work. From a chatbot being granted official residence in Tokyo to Waymo's truly driverless cars zipping around Phoenix, AI is just beginning to amaze and inspire. This evolution is driven by data. According to IBM, 90% of the World's data has been created in the past 2 years. Slowly but certainly, these evolutions are now permeating the legal industry: 54.6% of big firms (1000 attorneys) are using tools with an AI-component (Altman Weil).

The General Data Protection Regulation (GDPR), the European Union's sweeping new data privacy law, is triggering a lot of sleepless nights for CIOs grappling with how to effectively comply with the new regulations and help their organizations avoid potentially hefty penalties. The GDPR, which goes into effect May 25, 2018, requires all companies that collect data on citizens in EU countries to provide a "reasonable" level of protection for personal data. The ramifications for non-compliance are significant, with fines of up to 4% of a firm's global revenues. Companies that do business in Europe have been scrambling to put new processes and platforms in place to improve data security and facilitate GDPR compliance at a time when data volumes are exploding across legacy IT and multi-cloud environments. A logical starting point for GDPR compliance, therefore, is a full understanding of where data is stored and how it is used.

How tomorrow's technologies can help the finance function of today. Finance executives who want to get started with emerging technologies can simply focus on one word: Data. CFOs are swamped in data, coming from ERP, payment processing, business intelligence, and other structured databases. They also have a treasure trove of unstructured data, from legal contracts and emails to videos and interview recordings. The ability to work with that data to improve transactional cost efficiency, address risk, and harness deeper, more real-time insights to identify new sources of company value is a competitive necessity for finance functions.

"Success in creating effective AI could be the biggest event in the history of our civilisation. We just don't know," said Professor Stephen Hawking at this week's Web Summit in Lisbon. Along with many benefits, said Hawking, artificial intelligence (AI) brings many "dangers, like powerful autonomous weapons, or new ways for the few to oppress the many". The physicist called for new regulation to ensure humanity could prevent AI from threatening its existence. "Perhaps we should all stop for a moment and focus not only on making our AI better and more successful, but also on the benefit of humanity," he added.