INNOVATION


EFF: Stupid patents are dragging down AI and machine learning

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Each month, the patent lawyers at the Electronic Frontier Foundation shine a spotlight on one particular patent they believe is a drag on innovation. This month, they're looking at one of the fastest-growing sectors of technology: machine learning and artificial intelligence. EFF lawyer Daniel Nazer has picked out an artificial intelligence patent belonging to Hampton Creek, a San Francisco food-tech company that markets products under the brand name "just." Nazer acknowledges that Hampton Creek's patent isn't as bad as some of the other ones highlighted in the EFF Stupid Patent series, but it's worth pointing out because of the serious problems it could create for innovation in machine learning.


AI can liberate humans to lead happier lives, if we get it right

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We must think now about the consequences that AI will have very shortly in our lives – changing work, society, economics and more. There's some encouragement that at last governments around the world are waking up to the size of some of the societal questions that AI innovation will ask of us. There is nothing to say that our economic system requires a constant amount of human labour; we should treat the reduction in need for labour as a huge positive, rather than seeking to generate jobs simply to keep people occupied. Shorter working weeks would give more people a stake in employment, and also give them more time to do other things with their lives.


How AI is defining insurtech strategy

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AI – which Margaris prefers to call "the influence of machine learning or deep learning" – is starting to be felt across the insurtech, fintech and associated industries, he said. "AI, through machine learning and deep learning, will eventually become the entrepreneur of the future--and we humans need to compete against it." A company still needs to have a compelling business case that attracts clients, but AI, machine learning and deep learning for sure will be part of the equation to compete successfully in their space." Margaris has reiterated what has been the most important technology lesson learned over the past four decades, and continues to be the lesson going forward with each new technology wave.


What's the Business Model for Artificial Intelligence in Healthcare? Xconomy

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These were some of the issues that emerged this spring when Xconomy brought together some of San Diego's most-prominent tech and life sciences leaders for a dinner discussion about the risks and opportunities in the convergence of AI and healthcare. Interest in healthcare AI runs high in San Diego, which has a well-established life sciences cluster and is home to two genome sequencing giants: Illumina and the life sciences solutions group of Thermo Fisher Scientific (NYSE: TMO). The kickoff question: Is there a proven business model for startups that are applying innovations in machine learning in the life sciences? Bruce V. Bigelow is the editor of Xconomy San Diego.


Why artificial intelligence is different from previous technology waves

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I took my first "business machines" class in high school in 1991, attended my first computer science class in 1994 (learning Pascal), and moved to Silicon Valley in 1997 after Cisco converted my internship into a permanent position. The eight I'm covering in this article include desktop operating systems, web browsers, networking, social networks, mobile apps, Internet of Things, cloud computing, and artificial intelligence. In the social network space, development is completely centralized by the owners of the platforms (Twitter, Facebook, etc.) A technology with a low barrier to entry and decentralized platform development has the greatest potential for future impact.


Computex Taipei to feature AI, robotics, IoT Economics FOCUS TAIWAN - CNA ENGLISH NEWS

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Taipei, May 29 (CNA) Computex Taipei 2017, a global trade show for information communication technologies (ITC) and the Internet of Things (IoT), will focus on five themes, including artificial intelligence (AI), robotics and IoT applications from May 30 to June 3, according to the organizers. While evolving in sync with global ICT industry trends, Computex 2017 positions itself as "Building Global Technology Ecosystems," focusing on such themes as AI and Robotics, IoT Applications, Innovations and Startups, Business Solutions, and Gaming and VR (virtual reality), said the Taipei Computer Association, one of the organizers. Exhibits and the high-profile CPX series forums will take place at Taipei World Trader Center, Nangang Exhibition Hall and Taipei International Convention Center, respectively. This year, for the first time ever American electric automobile manufacturer Tesla and computer maker Dell will join 1,600 businesses from around the world with booths at the annual ICT trade show in Taipei, the Taipei Computer Association said.


Banking Technology Vision 2017

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Freedom to innovate THOSE THAT DO EXPECT MORE: Opportunity to develop standards that others follow Expanded opportunities for trusted partnerships 6. www.accenture.com/bankingtechvision DESIGN FOR HUMANS CUSTOMER JOURNEYS NOW RUN INSIDE AND OUTSIDE THE BANK Digital banking models, such as ecosystem platforms and channels not owned by banks, will bring consumers from outside the sphere of the bank's knowledge. WORKFORCE MARKETPLACE ON-DEMAND TALENT AS A TRUE BANKING INNOVATION Create an agile workforce to access sought-after skills, knowledge and experience as-needed for more flexible ways of working. DESIGN FOR HUMANS CUSTOMER JOURNEYS NOW RUN INSIDE AND OUTSIDE THE BANK Digital banking models, such as ecosystem platforms and channels not owned by banks, will bring consumers from outside the sphere of the bank's knowledge. WORKFORCE MARKETPLACE ON-DEMAND TALENT AS A TRUE BANKING INNOVATION Create an agile workforce to access sought-after skills, knowledge and experience as-needed for more flexible ways of working.


AI: Move over FinTech - InsurTech is here and its got bots

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With insurance, you never get a reward, there's just a cost," says Filiippo Sanesi, head of research and partner management at Startupbootcamp InsurTech, an accelerator for insurance startups based in London. The billions of images around the world mean that not only is the value from performing this task with AI enormous, but it's also possible to train the AI because you've got these mountains of data," Tractable's co-founder and chief executive Alex Dalyac, tells Verdict. "We're not just distributing products; we're working towards building accurate, personalised insurance products around people's lives." "We're not just distributing products; we're working towards building accurate, personalised insurance products around people's lives," says Hugh.


AI 100: The Artificial Intelligence Startups Redefining Industries

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CB Insights unveiled the AI 100--a list of 100 of the most promising private companies applying artificial intelligence algorithms across industries, from healthcare to auto to fintech--at the Innovation Summit today. The companies were selected from a pool of nearly 500 applicants and nominees based on several criteria, including data submitted by the companies, responses to interview questions, technology focus, investor profile, team profile, mosaic scores, and funding history. "From financial services to healthcare to transport, incumbent companies in every industry are seeing that AI will reshape their industries. And as so often happens, transformational innovation comes from emerging companies. In the case of AI, a lot of the groundbreaking work is being done by the AI 100.


The Next Transportation Secretary Seems Pretty Down With Self-Driving Cars

WIRED

It is perhaps a stretch to call Elaine Chao, President-Elect Donald Trump's nominee for secretary of transportation, "hip with it." The Kentucky resident today sat for her fourth Senate confirmation hearing, following stints at the Transportation and Labor departments starting in the mid-80s. Chao, who happens to be married to Senate Majority Leader Mitch McConnell, is the ur-Washington bureaucrat, a woman described by those on both sides of the aisle as a longtime, competent doer. Not the sort of hoodie-wearing early adopter to embrace world-shaking visions of the future. And yet, her performance this morning left autonomous vehicle advocates--who fancy themselves as sitting on the bleeding-edge--quietly cheering.