The trader was in deep trouble. A millennial who had only recently been allowed to set foot on a Wall Street floor, he made bad bets, and in a panic to recoup his losses, he'd blown through risk limits, losing 4.9 million in a single afternoon. The trader was taking part in a simulation run by Andrew Lo, an MIT finance professor. The goal: find out if top performers can be identified based on how they respond to market volatility. Lo had been invited into the New York-based global investment bank--he wouldn't say which one--after giving a talk to its executives.

US Transportation Secretary Anthony Foxx delivers an announcement in Washington, DC, in 2014. Automakers and ride-hail companies are racing to put self-driving cars on the road. In a few weeks, Uber passengers in Pittsburgh will be able to hail self-driving Volvos. Last month, Tesla announced its hopes to build an autonomous ride-hailing fleet. And this month, Ford said it plans to mass-produce autonomous vehicles by 2021.

Firefighters have a truly noble job as their responsibilities often require putting one's own life on the line. A NASA researcher is using the Assistant for Understanding Data through Reasoning, Extraction, and sYnthesis (AUDREY), an artificial intelligence tool, to make a day's work a bit easier and safer for these heroes. The IoT-powered system will work with wearables that will track a firefighter's location via GPS and record heat and air quality in the specific points as they go around the site of the emergency. All this data is then tied-up with satellite imagery of the scene to build a game plan. AUDREY can lead a team of firefighters: artificial intelligence will determine which areas would likely collapse in an emergency and help any number of firefighters work together as efficiently as possible.

The big news on March 12 of this year was of the Go-playing AI-system AlphaGo securing victory against 18-time world champion Lee Se-dol by winning the third straight game of a five-game match in Seoul, Korea. After Deep Blue's victory against chess world champion Gary Kasparov in 1997, the game of Go was the next grand challenge for game-playing artificial intelligence. Go has defied the brute-force methods in game-tree search that worked so successfully in chess. In 2012, Communications published a Research Highlight article by Sylvain Gelly et al. on computer Go, which reported that "Programs based on Monte-Carlo tree search now play at human-master levels and are beginning to challenge top professional players." AlphaGo combines tree-search techniques with search-space reduction techniques that use deep learning. Its victory is a stunning achievement and another milestone in the inexorable march of AI research.

LONDON – 25 August 2016 – IP EXPO Europe, Europe's number one enterprise IT event, has today announced the addition of several influential industry speakers to this year's keynote and seminar programme. Attendees will have the opportunity to hear how key IT issues are affecting businesses and humanity alike, from Author & Founding Director of Oxford University's Future of Humanity Institute: Nick Bostrom; the'Father of Java': James Gosling; the creator of the'MySpace worm' and now an Independent Security Researcher: Samy Kamkar; and Independent Cyber Security Consultant Dr Jessica Barker. These additions to the 2016 IP EXPO Europe program are the latest in a list which already includes some of the world's most renowned technology innovators, from the likes of HPE, Microsoft, and Amazon Web Services. With his work influencing the likes of Bill Gates, Professor Stephen Hawking, and Elon Musk, keynote speaker Nick Bostrom, Author & Founding Director of Oxford University's Future of Humanity Institute, is one of the world's foremost authorities on Artificial Intelligence (AI). Opening Day One at this year's IP EXPO Europe, Bostrom will be discussing the impact that AI and intelligent machines will have on business and society, and sets out to answer the question: 'Will AI bring about the end of humanity?'

Like all financial companies PayPal worries about fraudsters, armed with stolen credentials, logging into a legitimate customer's account and using a credit card linked to it. "We want to stop these guys at our door," said Hui Wang, senior director of global risk and data sciences at PayPal. The company has more reason than most to worry, given its high visibility and massive payment volumes. It generates 10,900 in payments every second, and it handled 4.9 billion payments in 2015 for 188 million customers in 202 countries. To detect suspicious activity, and more importantly to separate false alarms from true fraud, PayPal uses a homegrown artificial intelligence engine built with open-source tools.

From picking our favorite restaurants to predicting weather and correcting global food shortages, artificial intelligence is already augmenting everyday life. Firmly rooted in the realm of science fiction, artificial intelligence (AI) has often felt external – something happening out there. In reality, AI is a huge part of our everyday lives. We just don't recognize it.Bank alerts of suspected fraudulent charges, smartphone notifications to exercise, Siri or Cortana's ability to recognize voices – are all examples of AI. "Artificial intelligence is basically where machines make sense, learn, interface with the external world, without human beings having to specifically program it," said Nidhi Chappell, director of machine learning at Intel. AI improves lives in many other areas too.

"All hands on deck" may become a thing of the past. Ship designers, their operators and regulators are gearing up for a future in which cargo vessels sail the oceans with minimal or even no crew. Advances in automation and ample bandwidth even far offshore could herald the biggest change in shipping since diesel engines replaced steam. Ship operators believe more automation will enable them to optimize ship use, including cutting fuel consumption. "The benefit of automation is as an enabler of further efficiency across the 630 vessels we operate," said Palle Laursen, head of Maersk Line Ship Management, a unit of cargo-ship giant A.P. Moeller-Maersk AMKBY 0.00 % A/S.

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U.S. stocks rose Friday as investors found some positive aspects in a middling employment report. Job growth slowed in August, and traders hope that will persuade the Federal Reserve to wait before raising interest rates. Stocks started the day with big gains following the Labor Department's job report. Energy companies rose more than the rest of the market as oil prices broke out of a four-day slump. The gains were broad, but the stocks that rose the most were utilities, which would stand to benefit if interest rates remain low.