For years, science-fiction moviemakers have been making us fear the bad things that artificially intelligent machines might do to their human creators. But for the next decade or two, our biggest concern is more likely to be that robots will take away our jobs or bump into us on the highway. Now five of the world's largest tech companies are trying to create a standard of ethics around the creation of artificial intelligence. While science fiction has focused on the existential threat of AI to humans, researchers at Google's parent company, Alphabet, and those from Amazon, Facebook, IBM, and Microsoft have been meeting to discuss more tangible issues, such as the impact of AI on jobs, transportation, and even warfare. Tech companies have long overpromised what artificially intelligent machines can do.

These days you just need some artificial intelligence, which can be delivered through your smartphone. Two of this summer's much buzzed-about apps are Prisma, which turns your photos into what look like paintings, and Artisto, which does the same for videos. Both are available for iOS and Android. Whether the results are true works of art can be debated, but millions of the apps' users are having fun trying to imitate the masters. Prisma uses neural networks and deep learning algorithms to process photos and make them look like art, applying styles such as that of The Scream by Edvard Munch or the pop art of a Roy Lichtenstein.

Dubai: In keeping with the global decline the growth of assets under management (AuM), the Middle East also witnessed a sharp fall in the total AuM last year, according to a study by Boston Consulting Group (BCG). Globally, AuM stalled with marginal growth last year. The BCG report shows the global value of AuM rose just 1 per cent in 2015, to 71.4 trillion (Dh262 trillion) from 70.5 trillion in 2014, after growing 8 per cent that year, and at an average annualised rate of 5 per cent from 2008 through 2014. In contrast, the Middle East's AuM declined 10 per cent and net new flows of assets, revenue growth, and revenue margins all dipped lower in 2015. In absolute terms the region's AuM plummeted from 1.4 trillion in 2014 to 1.3 trillion in 2015.

Turing Robotic Industries' new device is so advanced it contains processors that don't exist yet, a 60 Megapixel camera, 6K, and more than 1 TB in storage. No wonder people think it's a practical joke Well, after two readings of Turning Robotic Industries' announcement, we could not find any disclaimers in small print or an emoji. Ostensibly, it looks like this is an official announcement by the company, which is unveiling its ultra-ultra-advanced smartphone. The company says it will have artificial intelligence and (AI) security capabilities – and absolutely unbelievable technical specifications. The new device, to be called the Turing Phone Cadenza, will be the heir of the company's current smartphone, and according to the company, will include impressive specifications.

John R. Hauser is the Kirin Professor of Marketing at M.I.T.'s Sloan School of Management where he teaches new product development, marketing management, and statistical and research methodology. He has served MIT as Head of the MIT Marketing Group, Head of the Management Science Area, Research Director of the Center for Innovation in Product Development, and co-Director of the International Center for Research on the Management of Technology.He is the co-author of two textbooks, Design and Marketing of New Products and Essentials of New Product Management, and a former editor of Marketing Science (now on the advisory board).I think it wouldn't be smart to start this interview with something as dull and complex as a definition. Or am I the only one that likes to read light weight and short articles? Let's just get it over with. "Website morphing matches the look and feel of a website to each customer so that, over a series of customers, revenue or profit are maximized."

New Delhi: While artificial intelligence is making waves globally, Cognitive Business Intelligence (BI) is the next stage of machine learning to design and analyse unstructured data, video, images and human language, say experts. According to them, we are generating data but is this data being analysed to create insights which could help in running businesses more effectively is the real concern for businesses. "This potential can be leveraged using Business Intelligence. Using BI, we can understand what really the data means," said Nikhilesh Tiwari, Co-Founder, Helical Insight, the world's first open source Business Intelligence (BI) framework. At the moment, less than 0.5 per cent of all data is ever analysed and used globally.

As an IBM developerWorks information architect, I gave a presentation last week about cognitive computing to entrepreneurs and staffers at tekMountain, a co-working and tech incubator in Wilmington, North Carolina where I work as a tech mentor. The title is a bit tongue and cheek, but I really tried to position the Watson application development demo I gave as the "applied" part of a series that we launched in the area last year on artificial intelligence. At a previous "Exploring Artificial Intelligence" TechTalk, my buddies Mike Orr (IBM Watson University program chair) and Julian Keith (UNC Wilmington Psychology Chair and brain guy), began a series of conversations about artificial intelligence that quickly blossomed into several different AI events with different AI focuses at different venues. An upcoming talk in this very popular series (for example) is titled "Is artificial intelligence going to do my job better than me?" As a software development enthusiast who sometimes teaches kids and others how to start coding, I naturally conceived of a hands-on version of Watson services as a way to take the conversation further.

Three years ago, Jeff Bezos announced that drones are eventually going to deliver Amazon orders. In the past year, he brought out Amazon's Alexa artificial intelligence service, which understands speech well enough that you can say, "Alexa, I really need a waffle cone maker," and she'll put one in your Amazon online shopping cart, even though nobody needs a waffle cone maker. Both of these technologies--drones and cloud AI--are exciting today, yet still wobbly works in progress. But in coming years, Amazon or some other company is going to put them together. And that, finally, will evolve into a technology that could become as significant to humans as domesticated dogs.

Speech recognition software has struggled to match the precision of typing. But over the last few years, thanks to deep learning and big data collection, those programs have improved dramatically. A new study from Stanford put the two competing interface methods to the test and found that it's now a lot faster to dictate your prose to your phone rather than typing it. In the study, volunteers were asked to either type or speak 100 phrases. The experiment was conducted in both English and Mandarin Chinese.

Apple, Inc. has made a serious play in the artificial intelligence (AI) space by acquiring machine learning startup Turi, Inc., a company previously known as both Dato and GraphLab. The acquisition price is believed to be 200 million according to Geekwire who broke the story. Founded in 2013, Turi offers a machine learning platform that creates Big Data analytics for its users based on an open source project initially intended for applying large-scale machine learning to graph analysis. The product allows developers to build apps with both machine learning and artificial intelligence capabilities, allowing enterprises both small and large make better sense of data; use cases given by the company include recommendation engines, fraud detection, predicting customer churn, sentiment analysis, and customer segmentation. Turi's customers include Zillow, ExxonMobil, StumbleUpon, Adobe, Pandora, and Bosch and its competitors include Databricks, H2O, and Neo4j among others.