Is the art world ready for AI-generated work? Christie's is about to find out

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Next week, Christie's will be the first auction house to offer artwork created by artificial intelligence. The Paris-based art collective, Obvious, created the "Portrait of Edmond de Belamy" using an algorithm that analyzed a data set of 15,000 portraits and from that created a unique image. The piece goes up for auction on October 25 and is estimated to fetch between $7,000 and $10,000, according to Christie's international head of prints and multiples, Richard Lloyd. "We put a lot of thought into the estimate because if we put a huge amount on it people would say'Well what are you basing that valuation on because this is the first," Lloyd told "CBS This Morning." Lloyd also offered a deeper explanation of how the piece was generated using something called the GAN algorithm.



When AI Misjudgment Is Not an Accident

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The conversation about unconscious bias in artificial intelligence often focuses on algorithms that unintentionally cause disproportionate harm to entire swaths of society--those that wrongly predict black defendants will commit future crimes, for example, or facial-recognition technologies developed mainly by using photos of white men that do a poor job of identifying women and people with darker skin. But the problem could run much deeper than that. Society should be on guard for another twist: the possibility that nefarious actors could seek to attack artificial intelligence systems by deliberately introducing bias into them, smuggled inside the data that helps those systems learn. This could introduce a worrisome new dimension to cyberattacks, disinformation campaigns or the proliferation of fake news. According to a U.S. government study on big data and privacy, biased algorithms could make it easier to mask discriminatory lending, hiring or other unsavory business practices.


AI Universal Guidelines – thepublicvoice.org

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New developments in Artificial Intelligence are transforming the world, from science and industry to government administration and finance. Modern data analysis produces significant outcomes that have real life consequences for people in employment, housing, credit, commerce, and criminal sentencing. Many of these techniques are entirely opaque, leaving individuals unaware whether the decisions were accurate, fair, or even about them. We propose these Universal Guidelines to inform and improve the design and use of AI. The Guidelines are intended to maximize the benefits of AI, to minimize the risk, and to ensure the protection of human rights.


Opinion Beware the dark side of Artificial Intelligence

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Artificial intelligence (AI) is becoming ever more powerful. Consulting firm PwC estimates that AI could contribute up to $15.7 trillion to the global economy in 2030, more than the combined GDP of China and India today. The technology will soon be omnipresent--from household appliances to our financial, law and justice systems. That is why we should be very worried about the dark side of AI. And this is not about devilishly powerful AIs making humans slaves, as depicted in science fiction.


Tesla pulls useless 'Full Self-Driving' add-on from its cars

Mashable

For years, Elon Musk has been touting the promise of a self-driving car. Well, it looks like that promise is a little further off than Musk previously thought, if it materializes at all. On Thursday, Elon Musk unveiled a new "lower cost, mid-range" Tesla Model 3 car coming in at around $45,000. At the same time, one eagle-eyed Twitter user noticed another update over at Tesla: the optional add-on "Full Self-Driving" feature was gone. Was causing too much confusion.


Ashton Kutcher Defends Lemonade After Largest US Insurer Rolls Out Mocking Ad News Brief

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US actor and businessman Ashton Kutcher came to the defense of insurance tech company Lemonade, founded by Israeli entrepreneurs, after the largest American insurance company, State Farm Insurance, rolled out an ad mocking the use of bots and artificial intelligence for insurance. Lemonade has been reshaping the insurance market ever since it was created in 2015 by entrepreneurs Shai Winninger, a co-founder of Fiverr.com, and Daniel Schreiber, former president of Powermat. The company uses behavioral economics, leveraging artificial intelligence and chatbots to deliver renters and homeowners insurance policies and handle claims for users in 16 states. Kutcher's Sound Ventures is invested in Lemonade, which has raised some $180 million in venture capital since its founding. State Farm published an ad on YouTube last week with the caption: "Nothing compares to an actual human being helping out whenever you need. Plus, humans won't start crying weird AI tears all over your car."


whiz.ai

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Whiz is an AI-powered personalized assistant that brings business insights to users via text and voice interface, empowering them to make the right decisions quickly. A self-learning AI engine, whiz is pre-trained on user and business lexicon, and continues to learn and adapt to changing user preferences and business needs. The native AI stack delivers contextual analytics, right visualization,… · More and proactive alerts without human intervention. Business users now don't need to learn or log into multiple enterprise applications, or rely on IT for reports.


GITEX showcases latest trends in Artificial Intelligence technology

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The five-day event hosted around 4,500 exhibitors from more than 100 different countries. An estimated 100,000 visitors attended the annual event which focused on Artificial Intelligence as a key theme. Industry titans such as Google, Amazon, Alibaba and LinkedIn came together to discuss the latest trends. Google's Chief Decision Scientist Cassie Kozyrkov (left), LinkedIn's Chief Data Officer Igor Perisic (center) and Alibaba's Chief Machine Intelligence Scientist Wanli Min (right) debate on how AI is transforming decision making in major sectors On the hot topic of AI investment, the CDO of the networking and jobs portal Linkedin, Igor Perisic, spoke of the "blind spots" that companies integrating the technology into their businesses must be aware of. Alibaba's Chief Machine Intelligence Scientist, Wanli Min also explored how emerging technologies like autonomous vehicles and building smarter cities could meet the demands of swelling populations.


Daily Digest October 21, 2018 – BioDecoded

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Silicon Valley is in the midst of a health craze, and it is being driven by "Eastern" medicine. It's been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this year into life science and biotech in the US than they have back home, providing financing for over 300 US-based companies, per Pitchbook. Chinese capital's newfound appetite also flows into the mainland. Business is booming for Chinese medical startups, who are also seeing the strongest year of venture investment ever, with over one hundred companies receiving $4 billion in investment.