Ironshore - Ironshore From the Field – AI and the black box – who is liable when no one is at fault?


AI is already on its way to transforming healthcare delivery and improving patient outcomes. However, while AI, Machine Learning, and Robotics are all designed to reduce human error and increase the predictability of patient care, they also create new risks across the healthcare liability landscape. In a situation where a healthcare provider uses AI to treat a patient who has a less than a desired outcome (or even simply an unanticipated one), we anticipate liability suits against those healthcare providers, healthcare systems, AI software companies, and robotic device manufacturers. In this post, we will consider what happens when lawsuits get ahead of science, insurance considerations in this new liability landscape, and possible modifications to legal doctrine to address this new science. What makes AI so compelling is its use of predictive, learning algorithms (Machine Learning) to improve the precision of the practice of medicine.

Entering the Matrix: The state of AI in 2019 - Verdict


The Matrix reached US cinemas just over 20 years ago and articulated society's fear of the power of artificial intelligence (AI) and its potential to overpower the human. The film taps into ongoing human anxiety around technology and our ability to control it, best epitomised by Mary Shelley's 19th century trope of the Frankenstein's Monster-- the notion that we may well lose control of our own creations as we strive to push the boundaries of science. The human relationship with technology remains a fraught one, but there is little question that AI has the potential to be revolutionary. The McKinsey Global Institute Study reported that in 2016 alone, between $8bn and $12bn was invested in the development of AI worldwide, and Goldstein Research predicts that by 2023, AI will be a $14bn industry. While few of us yet use driverless cars and interact regularly with the animated robots of another science fiction story, I Robot, AI is nonetheless beginning to affect our daily life.

By 2022, employers expect AI to boost business efficiency


The future of AI implementation in the enterprise context is no longer contained to leading tech teams. Automation is expected to play a role in most processes -- including the back office. At the start of the year, industry trends pointed at artificial intelligence projects going from "experimental" to "necessary," just as the four-year growth rate of AI implementations hit the 270% mark. As digital transformation becomes the norm across industries, decision makers see value in the promise of technologies like data analytics, robotic process automation and AI. The expectation is that it can enable teams to move faster and become more efficient.

Facial Recognition, Robotic Process Automation Companies Among Most-Funded AI Startups


Artificial intelligence startups, especially facial recognition and robotic process automation companies, are attracting major investments, with one AI developer receiving total funding of $1.63 billion, according to a recently published research report. CB Insights last week released a study on what it saw as the 100 most promising AI startups. As part of the report, the researcher included a list of what it found to be the most well-funded young companies. Many were developing automation tools, but CB Insights also included...

'A burger, a coffee, whatever': Food delivery robots may soon roll up to Purdue's campus

USATODAY - Tech Top Stories

These autonomous robots put the special in special delivery and you might see them on a college campus near you! WEST LAFAYETTE, Ind.-- How do delivery robots operate in winter? What if no one picks up the delivery? A board in West Lafayette, Indiana, has unanimously approved a pilot program bringing robotic delivery services to Purdue University, as well as a suspension of city code allowing small, cooler-sized robots to operate on city sidewalks. But first, the board members had several questions about the program from San Francisco-based Starship Technologies before it could debut in September.

Amazon and Microsoft are putting world at risk with killer AI, study says

The Japan Times

WASHINGTON – Amazon, Microsoft and Intel are among leading tech companies putting the world at risk through killer robot development, according to a report that surveyed major players from the sector about their stance on lethal autonomous weapons. Dutch NGO Pax ranked 50 companies by three criteria: whether they were developing technology that could be relevant to deadly AI, whether they were working on related military projects, and if they had committed to abstaining from contributing in the future. "Why are companies like Microsoft and Amazon not denying that they're currently developing these highly controversial weapons, which could decide to kill people without direct human involvement?" The use of AI to allow weapon systems to autonomously select and attack targets has sparked ethical debates in recent years, with critics warning they would jeopardize international security and herald a third revolution in warfare after gunpowder and the atomic bomb. A panel of government experts debated policy options regarding lethal autonomous weapons at a meeting of the United Nations Convention on Certain Conventional Weapons in Geneva on Wednesday.

First humanoid Russian robot, Fedor, flies to International Space Station

The Japan Times

MOSCOW – Russia on Thursday launched an unmanned rocket carrying a life-size humanoid robot that will spend 10 days learning to assist astronauts on the International Space Station. Named Fedor, for Final Experimental Demonstration Object Research with identification number Skybot F850, the robot is the first ever sent up by Russia. Fedor blasted off in a Soyuz MS-14 spacecraft at 6:38 a.m. The Soyuz is set to dock with the space station on Saturday and stay till Sept. 7. Soyuz ships are normally manned on such trips, but on Thursday no humans are traveling in order to test a new emergency rescue system. Instead of cosmonauts, Fedor was strapped into a specially adapted pilot's seat, with a small Russian flag in his hand.

The One Job in Banking the Robots Can't Take


When HSBC Holdings Plc thwarted a $500 million central-bank heist, sophisticated computer software didn't raise the alarm. The funds flowed undetected from Angola's reserves to a dormant company's account in London. It was a teller at a suburban bank branch who became suspicious, declined a request to transfer $2 million, and triggered a review that uncovered the scam, according to one account of the episode. That was two years ago, and the finance industry's battle to stop the illicit transfer of as much as $2 trillion a year around the globe hasn't become any easier. At least a half-dozen lenders in Europe have found themselves at the center of fresh allegations of dirty money schemes in the past year.

How blockchain can save the food industry millions from recalls


Top nations like Germany, Singapore and South Korea have adopted AI and robotics into the healthcare sector. Korea is the leading nation for AI adoption followed by Singapore, China and Taiwan according to an ITIF report. Healthcare systems around the world, notably the UK's National Health Service, have already engaged the use of AI health assistant programs to modify the clinical process with the help of applications and programs to give their patients information as well as facilitate meetings with clinicians. An Indian software company Sigtuple, created an AI- based telepathology system that automates their smart microscopes to take pictures and upload on cloud. This allows efficiency among pathologists for their diagnosis.

The Robotics Revolution - Prominence of Robotics as a Service


The margins between artificial intelligence, smart materials, biology, and robotics are diminishing. From robots which can repair and monitor the natural environment to nanorobots to track and kill cancer. Future robotics will influence every part of our society or life, and this is how robotics will affect the human race in coming future. The progress in robotics industry is happening on all fronts, and Robotics-as-a-Service (RaaS) is going to accelerate innovation thus disrupting and changing the state of business operations in many sectors globally. Robotics-as-a-Service (RaaS) is a new functional tactic and business model where robots are offered as a service rather than as a product to supervise and control the most mundane, repetitive, manual or hazardous tasks in any organization across multiple locations.