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Master Data Management eats AI for breakfast, or does it?

#artificialintelligence

In a widely circulated and discussed article on Forbes, Nallan Sriram, Global Technology Strategist of Unilever makes a compelling argument for the need for master data for AI initiatives in the enterprise. The article describes that master data gets siloed in operational systems like ERP with the key decision-makers realizing the need for correct master data when faced with revenue loss or increased operational expense. As master data provides context to business transactions, it is fundamental to business operations. In earlier times, we could manage master data through human intervention. But now with cloud data lakes and our aspirations to build predictive algorithms for business operations and operations, the need for clean, contextual and unified master data is all the more enhanced.


The Ultimate Guide to RPA as a Service (RPAaaS)

#artificialintelligence

The global RPA market is expected to reach $11 billion by 2027, and more businesses are adopting RPA as a part of their digital transformation strategy. However, RPA infrastructure can be costly and require hiring tech staff to program and maintain the bots. The desire to increase solution scalability and reduce costs has driven a demand for bot as a service (BaaS) solutions including RPA as a service (RPAaaS). RPA is a software that leverages computer vision, OCR, and NLP to replicate human interactions with computers in order to automate the execution of repetitive rule-based processes. RPA as a service (RPAaaS) is the practice of outsourcing business task automation to service providers in order to leverage RPA benefits and capabilities on the cloud without installment or licensing requirements.


The dark side of artificial intelligence

#artificialintelligence

We're already seeing AI being used in weapons, and the idea of a future war fought with AI is only a matter of time. What if AI decides to launch a nuke or chemical weapons because that's the optimized outcome? Even if you don't believe the US government would rely solely on this technology, could you say the same about every government?


Technology as Empowerment 5G for Good

#artificialintelligence

Why is it that innovation always seems more possible during a crisis? Reflecting on this year and all that has been achieved, technology as empowerment has deservedly become centre stage. Indeed, this is a global imperative embedded in the must-have achievement of the UN's Sustainable Development Goals 2030. From the NHS in the UK building a 4,000-bed hospital in just 4 days, to the global HPC Consortium advancing vaccine development by years through AI/ML technology and researcher collaboration - the acceleration of innovation has seen digital transformation programs exceed all expectations. So, how can we sustain the'art of the possible' made real over this time, in our everyday, for every day, for everyone.


In Artificial Intelligence, 'We Need To Be More Precise': Lt. Gen. O'Brien - Breaking Defense

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A soldier wears virtual reality glasses. Illustration created by NIWC Pacific. AFA: Beyond throwing around "artificial intelligence" as a buzzword during briefings, the Air Force needs to communicate more clearly within own its ranks and to industry about what it wants in AI capabilities, a top Air Force intelligence officer said. "I'm in the Pentagon, so I see a lot of PowerPoint presentations, and I see a lot of slides saying'we're going to use some AI'" to solve a problem, Lt. Gen. Mary O'Brien said. "But we need to be more precise. Sometimes we say we want AI, but what we describe to industry is an automation tool, or a visualization tool, or [some technology] without training data."


Vulnerabilities May Slow Air Force's Adoption of Artificial Intelligence

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The Air Force needs to better prepare to defend AI programs and algorithms from adversaries that may seek to corrupt training data, the service's deputy chief of staff for intelligence, surveillance, reconnaissance and cyber effects said Wednesday. "There's an assumption that once we develop the AI, we have the algorithm, we have the training data, it's giving us whatever it is we want it to do, that there's no risk. There's no threat," said Lt. Gen. Mary F. O'Brien, the Air Force's deputy chief of staff for intelligence, surveillance, reconnaissance and cyber effects operations. That assumption could be costly to future operations. Speaking at the Air Force Association's Air, Space and Cyber conference, O'Brien said that while deployed AI is still in its infancy, the Air Force should prepare for the possibility of adversaries using the service's own tools against the United States.


Tesla Negotiating With Samsung To Produce Next-Gen Full Self-Driving Chip: Reports

International Business Times

A joint project between Tesla and Samsung, which aims to create a full self-driving (FSD) chip is currently under negotiation, according to reports. The said chip, which will be produced by the South Korean electronics giant and designed by the American electric vehicle company as per Electrek, will power Tesla's next computer, dubbed Hardware 3. This computer will be able to deliver full self-driving capacity through future software updates. In a statement at Tesla AI Day, CEO and product architect Elon Musk expressed his confidence that the computer will be able to attain full self-driving. "I am confident that Hardware 3, or the Full Self-Driving computer 1, will be able to full self-driving at a safety level much greater than humans. I don't know, probably 200 or 300% better than a human," Musk said.


Amazon reportedly wants to put a massive Echo on your wall

Mashable

Don't have enough Amazon devices in your house? Well, the company might be working on a fix: a 15-inch Echo that can be mounted on a wall. This is according to a new report by Bloomberg, which claims Amazon will unveil the Alexa-controlled speaker, codenamed Hoya, at its Sept. 28 event. Hoya can be placed on a table with a stand or mounted on a wall, people familiar with the matter told Bloomberg. It works with other Amazon smart devices and could be used to monitor the status of incoming Amazon packages.


Who is responsible if a self-driving car kills a pedestrian to save the driver?

#artificialintelligence

Here's a scary thought: as the march of the robots continues globally, and as artificial intelligence increasingly displaces human will, your last line of defence is the men and women of Dáil Éireann. No slight intended on our current crop of TDs, but politicians globally are ill-prepared to address what is probably the most immediate existential threat to humanity outside of climate change and nuclear war.


Arabesque Introduces Autonomous Asset Management - OpenBusinessCouncil Directory

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Arabesque has unveiled its Autonomous Asset Management offering for the creation of highly customised and sustainable active investment strategies, powered by an artificial intelligence technology that can generate and operate millions of active equity strategies. Developed by Arabesque AI, 'AutoCIO' enables asset managers and investment professionals to configure and build hyper-customised active strategies that can be tailored to each investor through more than a thousand different personalised investment options. The launch comes as the asset management industry increasingly looks to leverage technologies like automation and AI for cost-efficient product development, alpha generation and delivering a customised and differentiated client experience. With over USD 400 million currently powered by Arabesque's AutoCIO, the platform offers investors an unprecedented degree of customisation through a streamlined web app that can generate a vast range of bespoke strategies, with AI used to forecast stock performance across 25,000 equities daily. Speaking about today's announcement, Georg Kell, Chairman of the Arabesque Group, said: "Artificial intelligence will play a pivotal role in the customisation of active investing in the coming years, with pressure growing to innovate both in terms of technology and client centricity. "Whilst the market is increasingly demanding sustainable products that align with the objectives and values of investors, asset managers are currently unable to offer customisable, active solutions at scale.