RADIUS guest contributor Gary Grossman currently leads the Edelman AI Center of Excellence. As part of that, he led development of the 2019 Edelman Artificial Intelligence Survey that can be viewed here. Just how important is artificial intelligence (AI)? Microsoft's Chief Envisioning Officer, Dave Coplin, said recently that AI is "the most important technology that anybody on the planet is working on today." A PwC report estimates that global GDP will be 14 percent higher in 2030 as a result of AI--the equivalent of $15.7 trillion, which is more than the current output of China and India combined.
Ed. note: Does pedophilia allow those involved with building A.I. technology to experiment with the very extremes in human emotions through pedophilia? While we are mesmerized by all this rapidly accelerating technology, what else is going on that might be of concern? Contributor I cover what entrepreneurs are looking to learn. Virtual gaming is about to warp through a black hole, thanks to a band of scientists in Hong Kong and a hedge funder with a zealous science background, called Jeffrey Epstein. Indeed, game programming is moving away from algorithmic robots to a twilight realm of emotional thinkers, taking online, video and toy entrepreneurs, one step closer to Star Trek's'Holodeck'. For years, in virtual gaming, the only intelligent player was the person playing the game, responding to non-reactive obstacles. At most, opponents could blow up or morph into something else.
Self-driving vehicles, dating apps which give out relationship advice, humanoid robots that crack jokes and get upset... With a global market that is expected to reach US$35,870 million by 2025 from its direct revenue sources, artificial intelligence (AI) is no longer just the subject of science fiction books. According to a study carried out by IDC, in the ASEAN region, AI adoption rates are currently on the rise and growth has almost doubled in comparison to last year. When it comes to adopting this emerging technology, Indonesia is leading the way, with 24.6% of companies already embracing AI in some capacity. Thailand comes in second and the bronze medal goes to Singapore.
ARTIFICIAL intelligence is being used in interesting ways across the Asia Pacific (APAC). Businesses in the region have been exploring how AI can help improve productivity, efficiency, and create new digital transformation and customer experience opportunities. Of course, the demand and adoption of AI applications in the APAC are driven by megatrends such as data availability, the furthering of the Industry 4.0 agenda, an population aging, and government support. According to a new Frost & Sullivan report, the efforts of leaders working on AI projects is paying off -- especially because of all the related technologies and concepts AI can bring to life. "With the convergence of Internet of Things (IoT) and communication technologies such as 5G, the future of AI application is all-pervasive," commented Frost & Sullivan Industry Analyst Cognitive Industry (AI and IoT), Information, and Communication Technologies Research and Practice Amy Lin.
Artificial intelligence is one of the technologies with the most transformative potential in business. According to research by McKinsey, 70 per cent of companies are likely to have adopted at least one form of AI by 2030. This will contribute to an additional $13tr of global economic activity. Machine learning – a subset of artificial intelligence – enables machines to get better at executing tasks without human intervention, by finding patterns in data, and learning from their experience. It's no surprise, therefore, that there has been an explosion in the number of machine learning companies worldwide.
Mellanox Technologies has announced that HDR 200G InfiniBand accelerates the next generation of supercomputers world-wide, enabling higher levels of research and scientific discovery. HDR 200G InfiniBand solutions include the ConnectX-6 adapters, Mellanox Quantum switches, LinkX cables and transceivers and software packages. With its highest data throughput, extremely low latency, and smart In-Network Computing acceleration engines, HDR InfiniBand provides world leading performance and scalability for the most demanding compute and data applications. HDR 200G InfiniBand introduces new offload and acceleration engines, for delivering leading performance and scalability for high-performance computing, artificial intelligence, cloud, storage, and other applications. InfiniBand, a standards-based interconnect technology, enjoys the continuous development of new capabilities, while maintaining backward and forward software compatibility.
If the financial industry has taught us anything in the past, it is that we can no longer postpone digital transformation in banks. Today, consumers expect to perform banking transactions from anywhere and anytime. The technological advancements that offer improved interface and inclination of customers for convenience drive the market of online banking. According to a research firm, Allied Market Analytics, the global online banking market is expected to reach $29.98 billion by 2023, with a compound annual growth rate (CAGR) of 22.6% during the period 2017–2023. The increased demand for digital versions of the traditional bank has caused several financial institutions to seek out better solutions to securely digitalize their offering and transactions while maintaining low costs.
In just four years, SenseTime went from being an academic project to become the world's most valuable artificial intelligence (AI) company with a current valuation of $4.5 billion. Based in China, the company has a portfolio of 700 clients and partners, including the Massachusetts Institute of Technology (MIT), Qualcomm, Honda, Alibaba, Weibo, and more. They use their proprietary artificial intelligence and machine vision technology to drive its success and "redefine human life as we know it." With the number of core technologies, products, and services SenseTime offers, it's hard to believe it's such a young company. Here are just a few ways SenseTime uses artificial intelligence to "power the future."
To assist manufacturers in performing an automated visual inspection, Kitov.ai has developed a smart visual inspection technology for a broad range of production lines. Israel-based Kitov.ai has built an end-to-end, fully automated 3D inspection system powered by artificial intelligence and deep learning that enables manufacturers to produce quality products at a low cost rapidly. In an interview with CIO Applications, Hanan Gino, CEO of Kitov.ai, Give us an overview of Kitov.ai Kitov.ai was founded in late 2014 by CTO and Founder Dr. Yossi Rubner, as a spin-off of RTC Vision, a company that has been developing advanced computer vision algorithms for leading companies for over a decade.
Machine learning, artificial intelligence (ML & AI) and big data form up a new niche area that is seeing a fast-paced growth rate in India. To clarify terminologies for a layperson, AI is basically all about mimicking human intelligence in machines, ML is a sub-set of AI and is about techniques that enable these machines to continuously learn on their own through data and perform a desired set of processes. Big Data analytics is about extracting huge data and observing unanticipated patterns from the same, while ML uses the same to provide incremental data/information to help the machine learn on its own. Data science and big data industry in India is growing at 33per cent CAGR (Compounded annual growth rate) and stood at $2.71 Billion in 2018. While the Finance & Banking industry leads the share in the analytics market, travel-hospitality and healthcare saw the fastest growth in recent years, in terms of analytics-use.