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IGNITION 2016: IBM Watson General Manager will unveil the future of artificial intelligence
We live in a world where artificial intelligence isn't science fiction -- it's reality. And, as Alex Konrad of Forbes previously reported, IBM Watson General Manager David Kenny is currently striving to make sure that AI becomes a "service" soon. Watson is IBM's artificially intelligent supercomputer (not to mention a Jeopardy champion). According to Forbes, IBM and Kenny expect Watson to expand into a 10 billion business within the next ten years. We're thrilled to announce that Kenny will be speaking about how AI is fueling the next massive wave of digital disruption and innovation at IGNITION 2016, Business Insider's flagship annual conference.
Can IBM Watson Win Business from Banks?
NEW YORK (Reuters) โ IBM is in an unusual fix in telling big U.S. banks they can use its Watson software of Jeopardy-winning fame as a cost-saving solution: bankers say they like it, but cannot afford it. IBM is in good company. Banks are in the fifth year of their belt-tightening campaigns that began in 2011, chasing billions of dollars' worth of savings, and vendors that offer everything from technology to janitorial services are getting squeezed. With persistently low interest rates hurting revenue and businesses like bond trading hemmed in by new regulations, few on Wall Street expect the austerity to end any time soon. For IBM the irony lies in the fact that senior bank executives say they believe its artificial intelligence software could help them achieve cost-cutting goals in coming years, but are not ready to pay for Watson today.
Can IBM Watson Win Business from Banks?
NEW YORK (Reuters) โ IBM is in an unusual fix in telling big U.S. banks they can use its Watson software of Jeopardy-winning fame as a cost-saving solution: bankers say they like it, but cannot afford it. IBM is in good company. Banks are in the fifth year of their belt-tightening campaigns that began in 2011, chasing billions of dollars' worth of savings, and vendors that offer everything from technology to janitorial services are getting squeezed. With persistently low interest rates hurting revenue and businesses like bond trading hemmed in by new regulations, few on Wall Street expect the austerity to end any time soon. For IBM the irony lies in the fact that senior bank executives say they believe its artificial intelligence software could help them achieve cost-cutting goals in coming years, but are not ready to pay for Watson today.
Nuance taps into deep learning to improve Dragon speech recognition by 24 percent
With the trends in personal computing favoring software that gets to know its users, the newest version of Nuance's Dragon voice dictation suite of software--Dragon 15, announced Tuesday--is right on track. Dragon 15--including Dragon Professional Individual ( 300), Dragon Professional Individual for Mac ( 300), Dragon Legal ( 500), and Nuance Dragon Anywhere (free to install; subscriptions run 15/month or 150/year)--is based on Nuance's new machine-learning technology. The company claims that this technology has improved recognition accuracy by at least 24 percent, thanks to its algorithm that learns your distinctive speech patterns over time combined with an improved capability to pick out speech from a noisy room. Lawyers may buy the expanded Legal version, which is trained using a legal vocabulary of more than 400 million words, according to the company. But the majority of Nuance's customers will probably invest in the Dragon Professional Individual version, which is designed for a more general vocabulary.
IBM Watson diagnoses a rare cancer physicians missed
After conventional methods of detection failed, a team of Japanese researchers from the University of Tokyo's Institute of Medical Science used IBM Watson to successfully diagnose a 60 year-old woman where physicians were unable to, according to NDTV. The patient was initially diagnosed with acute myeloid leukemia, but treatments for that condition proved ineffective. Watson was able to identify the more rare form of leukemia she suffered from and ultimately provide a different, more successful form of treatment, according to the report. Artificial intelligence systems like IBM Watson may still be a ways off from being regularly used in hospitals, as they require large amounts of comparative data, according to Engadget. However, when given access to that type of information, AI systems can work quickly -- Watson produced the accurate diagnosis for the Japanese patient after comparing her genetic data against a database of 20 million researcher papers in just ten minutes.
IBM's Watson AI saved a woman from leukemia
IBM's Watson has done everything from winning at Jeopardy to cooking exotic meals, but it appears to have accomplished its greatest feat yet: saving a life. University of Tokyo doctors report that the artificial intelligence diagnosed a 60-year-old woman's rare form of leukemia that had been incorrectly identified months earlier. The analytical machine took just 10 minutes to compare the patient's genetic changes with a database of 20 million cancer research papers, delivering an accurate diagnosis and leading to proper treatment that had proven elusive. Watson has also identified another rare form of leukemia in another patient, the university says.
XPRIZE launches AI 2020 competition with IBM Watson
What do you see when you think about artificial intelligence? With a new competition, XPRIZE and IBM Watson challenge us to think slightly more pragmatically (or at least less apocalyptically dystopian) about the implications of artificial intelligence research on the future of humanity. To date, more than 1,000 people have registered to form teams with plans to tackle such issues as health, climate, transportation, space travel, robots, city planning, surgery, education and even civil rights. Because the competition is an open challenge, teams are expected to come up with criteria on which they will ultimately be judged in 2020. Some teams may be backed by corporations or angels, while others may go it alone as a team.
"Cognitive technology is there to extend and amplify human expertise, not replace it": IBM Watson CTO Rob High on the potential of artificial inteligence Advertising
Now an evangelist for the cognitive cause, no one is better placed to tell us what lies in store for AI as part of The Drum's AI issue, guest edited using IBM Watson technology. Firstly, AI is an incredibly vibrant field. We're discovering ways of evolving the technology and applying it to solve profound social and business problems โ problems where previous generations of computing systems were not able to provide much benefit. It has a tremendous ability to amplify our own cognitive strengths โ it contributes to my ability to make better decisions, to see the world through a lens I would have otherwise been blind to. There are tremendous opportunities and we are only at the threshold of what is possible. Watson is being developed as a tool that can help build and grow businesses โ what do you see as the potential for AI in this field?