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It's Time To Embrace AI To Create Smarter Humans
Elon Musk, CEO of Tesla was recently quoted saying: "There will be fewer and fewer jobs a robot cannot do better." In his impassioned speech he asked what meaning humans will have without jobs. This follows others including Stephen Hawking, Bill Gates and Mark Carney, Governor of the Bank of England, who have made comments on the dangers of robotics and AI "destroying jobs". Musk argued that if humans want to add value, they should embrace a "merger of biological intelligence and machine intelligence". Although this might sound like a sci-fi movie in the works, Musk's suggestions really do extend to the symbiosis of man and machine.
Rise of the Robolawyers
Near the end of Shakespeare's Henry VI, Part 2, Dick the Butcher offers a simple plan to create chaos and help his band of outsiders ascend to the throne: "Let's kill all the lawyers." Though far from the Bard's most beautiful turn of phrase, it is nonetheless one of his most enduring. All these years later, the law is still America's most hated profession and one of the least trusted, whether you go by scientific studies or informal opinion polls. But advances in artificial intelligence may diminish their role in the legal system or even, in some cases, replace them altogether. Here's what we stand to gain--and what we should fear--from these technologies.
Statistical analysis in Google Sheets
This article was originally posted here. It was written by Steven Scott, a Bayesian statistician interested in data augmentation methods and Markov chain Monte Carlo. Steven has applied these methods to problems in educational testing, network security, biometrics, web browsing, e-commerce, and medical applications. "I'm happy to announce a new "Statistics" add-on for Google Sheets (the spreadsheet component of Google docs). The add-on provides statistics and data analysis functionality right in Google Sheets, so you don't need to download your data to a separate customized statistics application.
Know Your Industries: 70 Market Maps Covering Fintech, CPG, Auto Tech, Healthcare, And More
The CB Insights team has published more than 2,000 research briefs on this blog. We see our data and infographics shown at conferences, in the media, and even framed on office walls. After a client requested copies of all our recent market maps, we decided to take it a step further. Below you'll find a collection of all our CB Insights market maps and unbundling/disrupting graphics. Following each map you'll find a link to the original research brief.
17-year-old uses deep learning to program AI cars that race around in your browser
Want to learn about deep learning neural networks, or simply want to try and crash an AI-powered car? You can do both with the "Self-Driving Cars In A Browser" project. German software engineer Jan Hรผnermann watches two autonomous cars -- one colored pink, the other turquoise -- race around a track. There are various obstacles set up to confound them, but thanks to the brain-inspired neural networks that provide them with their intelligence, the cars smoothly navigate these obstacles with the confidence of seasoned pros. From time to time, Hรผnermann throws a new obstacle in their path, and then watches with satisfaction as the cars dodge this new impediment.
Artificial intelligence: how it's transforming financial services today
For many firms transforming business operations via technology means improving how they interact with -- and meet -- customer needs. In fact, customer experience represents the single best opportunity financial services firms have to deliver on their priorities, according to a survey by Econsultancy. What's more, 45% of respondents indicated that making the customer experience as personalised and relevant as possible is their key focus. CEOs around the world are not asking if digital disruption will occur, but instead, what it means for their business. So the questioned asked in this article, is how can financial institutions leverage digital transformation to advance their competitive position, strengthen customer engagement and improve performance?
Genpact Strengthens Artificial Intelligence Capabilities with Acquisition of Rage Frameworks
Genpact (NYSE:G), a global professional services firm focused on delivering digital transformation for clients, has signed a definitive agreement to acquire Rage Frameworks, a leader in knowledge-based automation technology and services providing Artificial Intelligence (AI) for the Enterprise. Terms of the deal are not disclosed. As part of its strategy to drive both digital-led innovation and digital-enabled intelligent operations for its clients, Genpact is investing in leading technologies, such as AI, that are transforming the way companies in many industries compete. Genpact will embed Rage's AI in business operations and apply it to complex enterprise issues to allow clients to generate insights and drive decisions and action, at a scale and speed that humans alone could not achieve. "As advanced technologies such as AI fundamentally change the definition of work, the ability for CXOs to find and leverage new solutions that combine the best elements of human expertise and machine intelligence, will be critical to their ability to gain and sustain competitive advantage," said NV'Tiger' Tyagarajan, president and CEO, Genpact.
Mark Cuban Says This Is Where The World's First Trillionaires Will Emerge
The world may be some years away from seeing the first trillionaire, but billionaire Mark Cuban has an idea about the kind of work from which they, whoever they are, will make their trillions. "I am telling you, the world's first trillionaires are going to come from somebody who masters AI and all its derivatives," the Shark Tank investor said, according to CNBC, "and applies it in ways we never thought of." Cuban made his prediction Sunday night in front of a full house at the SXSW Conference in Austin, Texas. The Dallas Mavericks owner presented a sink-or-swim scenario, where knowledge of artificial intelligence is the determining factor, and where critical thinking matters more than ever. "Whatever you are studying right now, if you are not getting up to speed on deep learning, neural networks, etc., you lose," he told the audience.
How This Indian AI Startup Helps Brands To Get On The Chatbot Bandwagon For Conversational Commerce
Globally, nearly $2 billion in online sale were performed exclusively through chatbots last year. The march of chatbots and personal assistants into conversational commerce (defined as the intersection of messaging apps and shopping) is now a thing, and it looks like it is here to stay. Indian brands large and small are adopting chatbots, harnessing the power and convenience of these digital capabilities. "AI is changing the way we interact with technologies across multiple industries. In a fast-growing market such as India, AI helps making technology-based companies more efficient," says Sachin Jaiswal, cofounder of Niki.ai.