The global logistics industry is "unsophisticated" and due for a major shake-up, according to the boss of a cargo-handling giant. Mika Vehvilainen, chief executive of Finnish company Cargotec, expects autonomous vehicles and artificial intelligence to disrupt the market in coming years. "But it's also, from an operating cost point-of-view, clearly [beneficial] – about 40 per cent of port operating costs today in the Western world are labour costs. Meanwhile, the chief executive said his business had been negatively affected by the UK's Brexit vote last year.

The impact of AI on jobs is larger than you think


In March this year, PWC released a report saying that 10 million UK jobs are at risk of being replaced by AI within 15 years. Insurance companies are already dinosaurs and while we will still need insurance, we don't need our current insurance companies. Those expensive on-site skilled jobs are gone forever, replaced by massive automation and AI from mining operations to plant operations to administration. Australia, as a home of the corporate oligopoly, suffers the associated elitism, complacency, lack of innovation and resistance to change which are characteristics of all oligopolies.

Nvidia CEO: "Software is eating the world, but AI is going to eat software"


Nvidia has benefitted from a rapid explosion of investment in machine learning from tech companies. Can this rapid growth in the use cases for machine learning continue? Recent research results from applying machine learning to diagnosis are impressive (see "An AI Ophthalmologist Shows How Machine Learning May Transform Medicine"). Your chips are already driving some cars: all Tesla vehicles now use Nvidia's Drive PX 2 computer to power the Autopilot feature that automates highway driving.

Portland wants to get driverless cars on its roads this year


A new initiative from the city of Portland, Oregon hopes to attract the fast-growing self-driving car industry to the city's streets. According to Bloomberg, Mayor Ted Wheeler and the city's Bureau of Transportation are working to finalize a new set of rules governing autonomous vehicle pilot programs and hope to have driverless vehicles on the roads by the end of this year. Portland will be specifically looking to attract programs that actively enhance Portland's current transit infrastructure or improve accessibility while also helping the city reduce its carbon emissions. As Bloomberg notes, any autonomous vehicle program operating in the city will also be able to test its cars in a wider range of road conditions thanks to Portland's notoriously rainy weather. The most popular testbeds in California and Arizona are arid by comparison.

Computer Vision Will Be The Most Disruptive Innovation Driver


In 2010, I attended the IEEE (Institute of Electrical and Electronics Engineers) CVPR (Computer Vision and Pattern Recognition) conference at the Hyatt in downtown San Francisco. I didn't expect the conference to be as large as it was, but it had more than 1,500 in attendance, to the best of my recollection. The conference reminded me of the size of the conferences held at the same hotel when the industry was arguing over different standards for Wi-Fi, with multi-billion dollar markets at stake. However, unlike the practical approach of implementing the maturing Wi-Fi technology, where presentations were mainly made by engineers working for companies competing over their ability to assert their intellectual rights into the standards, the CVPR presentations were mainly made by university researchers, and researchers from "deep-research" arms of some of the world's largest technology companies, who didn't expect the fruit of their research to reach maturity anytime soon. One of the presentations I sat through struck a chord with me.

Study: Consumers tap brakes on self-driving car tech


DETROIT -- Automakers have been rushing to develop self-driving technologies, but some consumers might be ready to tap the brakes. The J.D. Power 2017 U.S. Tech Choice Study shows an increased wariness of fully self-driving technology since last year even as consumers continue to want technology that assists drivers. The study highlights a risk automakers are concerned about -- the negative impression that high-profile but isolated accidents can have on the perceived safety of driverless cars. And yet, both J.D. Power researchers and industry experts say consumers will eventually come around. "The engineering will get there.

Self-Driving Vehicles: Apple More Interested In Apps Than Robotic Cars Themselves

International Business Times

If you had your heart set on an Apple iCar to go with your iPhone and Apple Watch, take a deep breath and prepare to be disappointed. Forbes reported Wednesday the company apparently is more interested in developing apps for self-driving cars than the cars themselves. The California Department of Motor Vehicles granted permits for Apple to test three 2015 Lexus RX 450h hybrid SUVs. Industry analysts say the fact that only three vehicles are involved suggests Apple is focusing on its CarPlay connectivity and infotainment platform, Forbes said. CarPlay already has a significant portion of the vehicle market.

What's next in tech? Experts sound off


This was cited first and foremost by nearly everyone I spoke to. The success of driverless cars hinges entirely upon it, as does our ability to make sense of the unfathomable amounts of data we now collect (and will increasingly collect) from a growing networking of "sensing" things. "Smart cities will be transformational," predicts Brian Lakamp, CEO of Totem Power. "Without sustainable backup power, however, better municipal services are only as good as the grid and could fail when we need them most." "An increasing number of industries are following the lead of Uber and Airbnb in adopting the sharing economy," says Manuel Grenacher of Coresystems.

Artificial Intelligence: The Harbinger of a Brighter Business Future or Dystopia?


Artificial intelligence (AI) causes a mixture of marvel and fear. A machine's ability to perform a human function is certainly fascinating, but what if machines get so good that they displace the need for humans altogether? It's an understandable dread that conjures up dystopian visions, but only if you fail to see the technology's true potential. As AI takes on human qualities, its mission isn't to threaten, but rather to enhance. Through complex learning algorithms, contextual analysis and image recognition, AI does work that humans, prone to distraction and fatigue, cannot match in accuracy or frequency.

Jobs in the Age of Artificial Intelligence – Chatbots Magazine


Predictions of robots replacing human workers and rampant job loss are in the news every day. Is AI mired in controversy? If artificial intelligence is really a sleeping giant, why rattle its cage? Why not leave well enough alone? Much to our credit, we have quite an imagination.