Demand for non-equity trading algorithms serving institutional asset managers and retail investors is expanding the prevalence of artificial intelligence in the world's financial markets. A recent report by Thomson Reuters estimates that algorithmic trading systems now handle 75 per cent of the volume of global trades worldwide and this figure is predicted, by those in the industry, to grow steadily. Firstly, while the institutional market has enjoyed a large variety of "algos" serving the equity markets to date, other areas such as futures are still witnessing huge product demand and innovation as a result. Secondly, regulations affecting the institutional investment market, such as the European Union Markets in Financial Instruments Directive II or MiFID II, are pushing for greater automation of trades in some asset classes which traditionally were not executed electronically. The fixed income market is a prime example and negotiations between industry groups are ongoing as to how practical a fully automated fixed income could really be, given the magnitude of the required shift from telephone to electronic trading.

Many scientists and futurists agree that the effects of artificial intelligence and automation on society are difficult to predict. While many predicted that the tip of the spear for such technology would play out in areas such as medicine or general computer system markets, the AI revolution is already underway in the financial markets. Nearly all market-making is presently dominated by machines that employ AI techniques, including advanced pattern recognition. The markets evolution from the primordial ooze of computers, networks and massive storage systems to a complex, intelligent and somewhat singular market entity will impact society well beyond finance.

Automation and artificial intelligence are profoundly transforming trading and markets. Many scientists and futurists agree that the effects of artificial intelligence and automation on society are difficult to predict. While many predicted that the tip of the spear for such technology would play out in areas such as medicine or general computer system markets, the AI revolution is already underway in the financial markets. Many of the predicted challenges and solutions are occurring now -- in real time. Financial technology becoming possibly the first major component of society to be completely AI enabled is not surprising if you consider that financial markets are inherently big-data intensive, attract bright minds and high-quality capital, and often have a short investment-to-profit time horizon.

Customers use interactive kiosks to place orders at Eatsa, a fully automated fast food restaurant in San Francisco. Customers use interactive kiosks to place orders at Eatsa, a fully automated fast food restaurant in San Francisco. Much of the anger and anxiety in the 2016 election is fueled by the sense that economic opportunity is slipping away for many Americans. This week, as part of NPR's collaborative project with member stations, A Nation Engaged, we're asking the question: What can be done to create economic opportunity for more Americans? When we talk about the economy, we spend a lot of time talking about jobs -- how to create more of them and how to replace the ones being lost.

This post is by Joseph Sirosh, Corporate Vice President of the Data Group at Microsoft. Online transaction processing (OLTP) database applications have powered many enterprise user-cases in recent decades, with numerous implementations in banking, e-commerce, manufacturing and many other domains. Today, I'd like to highlight a new breed of applications that marry the latest OLTP advancements with advanced insights and machine learning. In particular, I'd like to describe how companies can predict a million events per second with the very latest algorithms, using readily available software. Take credit card transactions or loan applications, for instance.

Mumbai: ICICI Bank, India's largest private sector bank, today announced the deployment of'Software Robotics' in over 200 business processes across various functions of the bank. The bank is the first in the country and among few, globally, to deploy'Software Robotics' that emulates human actions to automate and perform repetitive, high volume and time consuming business tasks cutting across multiple applications. At ICICI Bank, software robots have reduced the response time to customers by up to 60% and increased accuracy to 100% thereby sharply improving the bank's productivity and efficiency. It has also enabled the bank's employees to focus more on value-added and customer-related functions. The software robots now perform over 10 lakh banking transactions every working day.

Exoskeletons are mechanical structures applied externally to the body and its functions is the improve movement, hold the body of people suffering from an injury or increase physical strength to lift heavy objects. To improve and extend the functionality of these devices, graduates of Technology Monterrey (ITESM) develop an exoskeleton that works with artificial intelligence and is made up of several independent parts to rehabilitate specific body parts as joints through augmented reality. The device acquires motion with brain or muscle signals and measures simultaneously translated by the apparatus noninvasively. Dr. Ernesto Rodríguez Leal, professor at the ITESM, explained that the device can acquire motion by a headband containing electrodes themselves are responsible for receiving and calculate the electroencephalographic signals emitted by the brain and electromyographic produced by muscles. These electrical impulses go to a microprocessor which makes the task of sorting and translate the signals that move the device using artificial intelligence algorithms.

Suddenly the era of driverless cars seems very near indeed. Uber began testing driverless cars in Pittsburgh last week, and this week, the Obama administration endorsed the push to develop these vehicles. Adding to the momentum, Ford and BMW say they will produce autonomous cars by 2021. Driverless cars will create some big winners -- imagine how Uber's and Lyft's profits will jump when they can keep 100% of fares instead of letting drivers keep 70%. But they will produce some big losers too, notably the 5 million people nationwide -- including 600,000 in California -- who make their living driving taxis, buses, vans, trucks and e-hailing vehicles.

Those microphones are backed by Intel's Real Audio technology, a natural language processing system that can respond to commands and questions, and follow context. The Oakley Radar Pace system responded with the beats per minute measurement. It even includes touch sensitive controls, which you can use to access music and talk to Intel Real Audio. For all the built-in technology and sensors, the Radar Pace lacks a heart rate monitor, which means that, if you want to track that key workout metric, you'll need to wear and connect to a third party device.

Last last year, Adidas began rolling out its plans for Speedfactory, a set of robot-staffed manufacturing facilities located in Germany and, soon, the US. Today, the sportswear giant revealed the first silhouette developed through this new project, known as Futurecraft M.F.G. It's a sleek running shoe that features Adidas' trademark Primeknit upper and Boost midsole, similar to what you see on popular models like Kanye West's Yeezy 350s. While there is some human assistance during the assembly process, as shown in the video below, the majority of the crafting is done by the machines. What's more, the design itself relies heavily on data from ARAMIS, a motion capture technology that maps an individual's skin, bone and muscle to create a more comfortable shoe.