As big data becomes more of cliche with every passing day, do you feel Internet of Things is the next marketing buzzword to grapple our lives. So what exactly is Internet of Thing (IoT) and why are we going to hear more about it in the coming days. Internet of thing (IoT) today denotes advanced connectivity of devices,systems and services that goes beyond machine to machine communications and covers a wide variety of domains and applications specifically in the manufacturing and power, oil and gas utilities. An application in IoT can be an automobile that has built in sensors to alert the driver when the tyre pressure is low. Built-in sensors on equipment's present in the power plant which transmit real time data and thereby enable to better transmission planning,load balancing.
This short paper is describing a demonstrator that is complementing the paper "Towards Cross-Media Feature Extraction" in these proceedings. The demo is exemplifying the use of textual resources, out of which semantic information can be extracted, for supporting the semantic annotation and indexing of associated video material in the soccer domain. Entities and events extracted from textual data are marked-up with semantic classes derived from an ontology modeling the soccer domain. We show further how extracted Audio-Video features by video analysis can be taken into account for additional annotation of specific soccer event types, and how those different types of annotation can be combined.
Z Advanced Computing, Inc. (ZAC) of Potomac, MD announced on August 27 that it is funded by the US Air Force, to use ZAC's detailed 3D image recognition technology, based on Explainable-AI, for drones (unmanned aerial vehicle or UAV) for aerial image/object recognition. ZAC is the first to demonstrate Explainable-AI, where various attributes and details of 3D (three dimensional) objects can be recognized from any view or angle. "With our superior approach, complex 3D objects can be recognized from any direction, using only a small number of training samples," said Dr. Saied Tadayon, CTO of ZAC. "For complex tasks, such as drone vision, you need ZAC's superior technology to handle detailed 3D image recognition." "You cannot do this with the other techniques, such as Deep Convolutional Neural Networks, even with an extremely large number of training samples. That's basically hitting the limits of the CNNs," continued Dr. Bijan Tadayon, CEO of ZAC.
In econometrics and finance, the vector error correction model (VECM) is an important time series model for cointegration analysis, which is used to estimate the long-run equilibrium variable relationships. The traditional analysis and estimation methodologies assume the underlying Gaussian distribution but, in practice, heavy-tailed data and outliers can lead to the inapplicability of these methods. In this paper, we propose a robust model estimation method based on the Cauchy distribution to tackle this issue. In addition, sparse cointegration relations are considered to realize feature selection and dimension reduction. An efficient algorithm based on the majorization-minimization (MM) method is applied to solve the proposed nonconvex problem. The performance of this algorithm is shown through numerical simulations.
The future is dystopian: a world in which we humble humans will be replaced by fleets of slick automatons – mechanical menials destined to not only solder, weld and glue us out of jobs, but account, diagnose, and translate us out, too. Or, so goes a certain line of argument. Certainly, there have been some heavyweight concerns voiced about the rise of artificial intelligence. Of course, there are counterarguments too. Just as the Industrial Revolution sparked fears around the supplanting of man by machine (fears which lead some as far as destroying the new mechanical marvels: hence today's use of the word'Luddite' to denote those opposed to technological progress), all new vistas are likely to provoke both optimism and hesitance.