Artificial Intelligence (AI) Chip Market Worth $91.18 Billion, by 2025 at 45.2% CAGR: Allied Market Research

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Allied Market Research recently published a report, titled, "Artificial Intelligence Chip Market by Chip Type (GPU, ASIC, FPGA, CPU, and others), Application (Natural Language Processing (NLP), Robotic, Computer Vision, Network Security, and Others), Technology (System-on-Chip, System-in-Package, Multi-chip Module, and Others), Processing Type (Edge and Cloud), and Industry Vertical (Media & Advertising, BFSI, IT & Telecom, Retail, Healthcare, Automotive & Transportation, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2025". According to the report, the global AI chip market was pegged at $6.64 billion in 2018 and is projected to attain $91.18 billion by 2025, registering a colossal CAGR of 45.2% during the forecast period. Rise in demand for smart homes & smart cities, surge in investments in AI startups, and advent of quantum computing have boosted the growth of the global AI chip market. However, dearth of skilled workforce hampers the market growth. On the contrary, rapid adoption of AI chips in the emerging countries and development of smart robots are expected to create numerous opportunities in the near future.


Rebooting AI: Building Artificial Intelligence We Can Trust: Gary Marcus, Ernest Davis: 9781524748258: Amazon.com: Books

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"Artificial intelligence is among the most consequential issues facing humanity, yet much of today's commentary has been less than intelligent: awe-struck, credulous, apocalyptic, uncomprehending. Gary Marcus and Ernest Davis, experts in human and machine intelligence, lucidly explain what today's AI can and cannot do, and point the way to systems that are less A and more I." --Steven Pinker, Johnstone Professor of Psychology, Harvard University, and the author of How the Mind Works and The Stuff of Thought "Finally, a book that tells us what AI is, what AI is not, and what AI could become if only we are ambitious and creative enough. No matter how smart and useful our intelligent machines are today, they don't know what really matters. Rebooting AI dares to imagine machine minds that goes far beyond the closed systems of games and movie recommendations to become real partners in every aspect of our lives." Every CEO should read it, and everyone else at the company, too.


Banking Can No Longer Ignore The Power of AI

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"The true potential [of personalization] lies in transforming all of an organization's customer interactions by using data and analytics to anticipate individual needs, target segments of one, and build deep relationships that stand the test of time," states BCG.


Artificial Intelligence Research by IDTechEx

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Researchers have figured out how to use deep learning to speed up the analysis of gas chromatographic data. Because this type of analysis is used in many parts of society, the new method will have a major impact on quality, efficiency and cost when examining various data -- from blood tests, to the fermentation of cheese. Gas chromatography is a method of analysis that most people have experienced at one time or another without necessarily knowing it. For example, gas chromatography can be used to reveal food fraud, find out where a particular batch of cocaine was produced or monitor a fermentation of cheese. "The new interpretive method of gas chromatographic analysis can make this type of analysis accessible to many more, which means that better and cheaper decisions can be made in a number of areas in society," says Professor Rasmus Bro, Department of Food Science at the University of Copenhagen (UCPH FOOD), who is one of the researchers behind the new interpretive method.


Foundations of the Best Chatbot CX

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So, you've decided that conversational marketing is right for your business, and you're planning on implementing an AI chatbot. What are your first steps? How do you get started? On this episode of Solving for CX, we jump right into a chat with Connor Cirillo, Conversational Marketing Manager at Hubspot. Connor discusses how artificial intelligence and AI chatbots can be set up to drive the success of an organization.


An introduction to Convolutional Neural Networks

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A Convolutional neural network (CNN) is a neural network that has one or more convolutional layers and are used mainly for image processing, classification, segmentation and also for other auto correlated data. A convolution is essentially sliding a filter over the input. One helpful way to think about convolutions is this quote from Dr Prasad Samarakoon: "A convolution can be thought as "looking at a function's surroundings to make better/accurate predictions of its outcome." Rather than looking at an entire image at once to find certain features it can be more effective to look at smaller portions of the image. The most common use for CNNs is image classification, for example identifying satellite images that contain roads or classifying hand written letters and digits.


Artificial intelligence and ethics: Facing the challenges for WA businesses

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How does technology challenge WA businesses, and how can governance professionals proactively manage the risks? I work predominantly in the technology industry, and I can't afford to stay still. This is an industry that is continuously reinventing itself, and I've had to constantly re-educate myself to stay up to speed with every new development. Widening this scope and reflecting on WA's dominating industries, there has been a shift in from back-office technology (traditional IT) to more operational technology (OT). And the integration of IT and OT means technology is becoming an enterprise asset.


Biometric Data Regulations: Do Your Insurance Policies Cover This Emerging Risk? JD Supra

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Over the past several years, commercial use of biometric data has become increasingly prevalent. In response, several states have adopted biometric data privacy legislation. Consequently, companies that rely on biometric data face new regulatory risks, in addition to increased legal exposure to individual and class action lawsuits. In fact, the Ninth Circuit Court of Appeals recently affirmed certification of a class action alleging Facebook's face-scanning practices violate Illinois' biometric privacy law, finding that the class alleged sufficiently concrete injuries based on Facebook's alleged use of facial recognition technology without users' consent to establish standing. Insurance policies currently available on the market, including cyber insurance policies, may not adequately cover these risks.


Can Artificial Intelligence Generate Corporate Strategy?

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In this article, I'm going to tell you about automating corporate strategies using artificial intelligence, and look at some recent progress in automatically generating strategies in the face of uncertainty. Every day, progress in artificial intelligence is addressing tasks currently performed only by humans, and it's worthwhile to take a short-term view of what this all means to your company. Games like chess have been tackled by artificial intelligence with amazing results, but there was this big gap between those games - where everything about the game state and consequences is known before making a decision - and the reality of life where, like poker, there is only a little bit of information available to the decision-makers, and the quality and quantity of information used to make decisions varies wildly. We humans face this situation of high uncertainty every time we cross the street or eat a hamburger, but it doesn't seem to bother us. Until recently, computers have had a lot of trouble dealing with games that give the decision-maker incomplete information about the state of the game.


Top 8 Benefits of Artificial Intelligence in Business for 2019 [Latest]

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Artificial Intelligence (AI) refers to the art or ability of computers to function the way human intelligence does in terms of learning, reasoning, decision-making and problem-solving. Systems integrated with Artificial Intelligence solutions are capable of understanding languages, recognizing images, performing complex reasoning and decision-making involving the most crucial mathematical parameters. By deploying the appropriate AI technology, your business may see new heights in terms of agility. With the advanced AI-powered applications, businesses are now seeing exponential growths and are driving the system in the most efficient manner. AI services have the potential to change the way businesses work today to enhance operational efficiency & fuelling business growth.