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Robots Will Strike Asset Management Firms First
According to a new survey (PDF) from the CFA Institute, Wall Street is getting a bit worried about fintech replacing its jobs. The majority of respondents, which included more than 3,000 chartered financial analysts around the world, view asset management as the industry most at risk from disruption by financial technology. Fifty-four percent of respondents said the sector would feel the biggest changes, followed by banking, securities, and insurance. Robo-advisers, a low cost alternative to traditional financial advice, has garnered headlines recently as fees have come under increased scrutiny. According to remarks this week by Wall Street executives attending the Milken Institute Global Conference, the entire world of finance should fear job replacement.
SoftServe's on-demand webinar on Artificial Intelligence
WHAT: SoftServe's "Will Artificial Intelligence Change Healthcare?" on-demand webinar will deep dive into the most talked about topic in Healthcare – Artificial Intelligence. WHO: During the webinar SoftServe's Eugene Borukhovich, Senior Vice President and Healthcare Global Vertical Practice Leader, will provide insights on how AI can add value in Healthcare by: WHERE: Register to access a recording of the "Will Artificial Intelligence Change Healthcare?" webinar. Eugene Borukhovich is an international expert on healthcare information technology innovation. He is also a member of HIMSS EU Industry Advisory Committee, convened in September 2014 to discuss and collaborate on key Healthcare IT topics. Eugene is a frequent speaker at various healthcare conferences and events, including HealthXL, mHealth Summit, Health 2.0, Week of Health and INNovation, etc. Eugene's articles and blogs have been published in numerous healthcare resources including SoftServe United, HealthWorksCollective, Medical Design Technology, intrepidNOW, and many more.
Why should Manufacturers be thinking about AI, Bots & the Singularity? (and less dramatic, but more imminent... the next killer manufacturing app)
For a while now, I've been intrigued by the potential of artificial intelligence (AI) on manufacturing and decision-support systems. Sure, we are beginning to see the glimmers of opportunity in predictive and prescriptive analytics, but most of this applies to high-value assets like massive turbines, and has not yet reached everyday manufacturing. The reality is most manufacturers are still running their operations with problems in basic process visibility, working with islands of information and using many of the same tools they've used for decades to run their business. Some have implemented process automation or even manufacturing execution systems, but every environment is somewhat unique and in large part disconnected. The fact that equipment runs for decades means "if it ain't broke" still applies, and the demand for crazy new technologies like cloud, hadoop, or artificial intelligence brings mostly bored looks or even outright scorn from plant managers incentivized to reduce risk and maintain output on the brownfield equipment they have.
Meet 'Ross,' the newly hired legal robot
One of the country's biggest law firms has become the first to publicly announce that it has "hired" a robot lawyer to assist with bankruptcy cases. The robot, called ROSS, has been marketed as "the world's first artificially intelligent attorney." ROSS has joined the ranks of law firm BakerHostetler, which employs about 50 human lawyers just in its bankruptcy practice. The AI machine, powered by IBM's Watson technology, will serve as a legal researcher for the firm. It will be responsible for sifting through thousands of legal documents to bolster the firm's cases.
Your TA is a robot: Georgia Tech students find out 'Jill Watson' wasn't human
Imagine discovering someone you thought was human is, in fact, a robot. It sounds like the stuff of science fiction. But that's what happened to a class full of Georgia Tech students recently, when they learned that "Jill," their teaching assistant, was actually a piece of software. CBC Radio technology columnist Dan Misener explains what happened. The story starts with a computer science professor named Ashok Goel, who teaches at the Georgia Institute of Technology.
Let's Welcome Ross - World's First AI Lawyer
Ross is the world's first AI (artificial intelligence) lawyer robot created to assist a US-based law firm BakerHostetler in it day-to-day legal research. The law firm's Chief Information Officer Bob Craig stated that: "At BakerHostetler, we believe that emerging technologies like cognitive computing and other forms of machine learning can help enhance the services we deliver to our clients." Wondering how Ross was built and what sort of functions does he perform? Let us inform you in detail. Ross was created on IBM's cognitive computer Watson, which enabled the robot to have cognitive computing and natural language processing skills.
'Trident is old technology': the brave new world of cyber warfare
The naval base at La Spezia in northern Italy is in an advanced state of decay. The grand Mussolini-era barracks are shuttered; the weeds won their battle with the concrete some time ago. But amid the crumbling masonry, there is an incongruously neat little building, shaded behind a line of flags, with smartly outfitted security men behind its glass doors. This is Nato's Centre for Maritime Research and Experimentation (CMRE). As one battleship after another has been removed from what remains of the Italian navy, and the base is wound down, the centre is preparing for a new kind of marine warfare amid the wreckage of the old. In a line of workshops along the quay, technicians tinker at the innards of the next generation of naval weapons. They may look like large bright yellow torpedoes, but they are in fact underwater drones, capable of being remote controlled on the surface and taking autonomous actions in the deep.
Sony wants to push AIs to learn from their own experiences
The consumer electronics company has invested in AI startup Cogitai to build intelligent systems that will learn from their own experiences in the world. "We have a shared vision for where AI needs to go," Dr. Satinder Singh, co-founder of Cogitai, told Engadget. "The next wave will be'continual learning.' It's the idea that machine intelligence will continually grow as it interacts with the world." Continual learning isn't just about creating smart devices that sense your presence, or virtual assistants that understand you better.
HTC Vive review: This immersive high-end headset is truly compelling
Nasa has announced that it has found evidence of flowing water on Mars. Scientists have long speculated that Recurring Slope Lineae -- or dark patches -- on Mars were made up of briny water but the new findings prove that those patches are caused by liquid water, which it has established by finding hydrated salts. Several hundred camped outside the London store in Covent Garden. The 6s will have new features like a vastly improved camera and a pressure-sensitive "3D Touch" display
How the Snips App Uses Its AI to Act as More than a 'Digital Butler'
Based on artificial intelligence, Snips can memorize your contacts, calendar and location, conveniently storing them in one place. The app also guarantees to keep all of this personal data private, meaning no one will see it except for you. "We want Snips to be able to answer any question we might have, do anything we ask it to, and automate our connected devices." As more devices become connected, Snips may one day be able to pick up on how users utilize their tech and automate them for convenience.