If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar. Japan's On-Art Corp's CEO Kazuya Kanemaru poses with his company's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' and other robots during a demonstration in Tokyo, Japan Japan's On-Art ...
In the west, AI and machine learning startups and tech giants of all stripes have been doing the M&A dance. Activity in Asia has been decidedly quieter, with AI research and development mostly happening at the institutional and corporate level. While Japan's Toyota is putting in $1 billion to ramp up AI research, mainly into autonomous vehicles, the South Korean government is also reportedly injecting $860 million into an AI research institute. "I think the quality of AI research and development between Asia and the west is very even.
By luck or design, Nomura's Simplex Equity Futures Strategy Fund ended the day with a 3.4 percent gain, one of its best results in three months of trading. The tumult has been rough on hedge funds, with a gauge of Japan-focused managers tracked by Eurekahedge Pte dropping 3.5 percent this year. It's often difficult to distinguish AI funds from their more ubiquitous "quantitative" investing precursors, according to Motoyuki Sato, a general manager and researcher at Man Group Japan Ltd., a unit of the world's largest publicly traded hedge fund manager. Simplex Asset Management is one of Japan's fastest-growing money managers, overseeing 560 billion for clients.
SoftBank Group Corp.'s former Chief Operating Officer Nikesh Arora, whose 8 billion package topped the list, hails from India. Higher wages in Japan were typically earned by sticking around, thanks to rigid corporate promotion systems based on tenure. In the U.S., executives have reaped the benefits of a shift from cash to equity-based compensation tied to their companies' performance -- a change that sent pay packages spiraling in recent decades as the stock market soared. Interlocking stock ownership between companies listed on the Tokyo Stock Exchange fell to 16 percent in 2015 from 50 percent in 1990, according to data from Nomura Holdings Inc. Last year's biggest pay packages for Japan executives born in the country were Fanuc Corp. CEO Yoshiharu Inaba's 690 million and Sony Corp. CEO Kazuo Hirai's 513 million, data compiled by Bloomberg show.
About a month into Japan's professional baseball season, the Fukuoka SoftBank Hawks, the 2014 and 2015 national champions, are doing no worse. Masayoshi Son, chairman and CEO of the SoftBank Group, celebrates with fans after the Hawks advanced to last year's national championship series. Masayoshi Son, chairman and CEO of the SoftBank Group, celebrates with fans after the Hawks advanced to last year's national championship series. Masayoshi Son, chairman and CEO of the SoftBank Group, wants to make the Hawks the best baseball team in the world.
RoboCup-97, The First Robot World Cup Soccer Games and Conferences, was held at the Fifteenth International Joint Conference on Artificial Intelligence. The world champions are CMUNITED (Carnegie Mellon University) for the small-size league, DREAMTEAM (University of Southern California) and TRACKIES (Osaka University, Japan) for the middle-size league, and AT-HUMBOLDT (Humboldt University) for the simulation league. The Scientific Challenge Award was given to Sean Luke (University of Maryland) for his genetic programming- based simulation team LUKE, and the Engineering Challenge Awards were given to UTTORI UNITED (Utsunomiya University, Toyo University, and Riken, Japan) and RMIT (Royal Melbourne Institute of Technology, Australia) for designing novel omnidirectional driving mechanisms. RoboCup-98, the Second Robot World Cup Soccer, was held in conjunction with the Third International Conference on Multiagent Systems in Paris, France, in July 1998.
Representatives of universities and businesses were chosen by the Japan Technology Evaluation Center to investigate the state of the technology in Japan relative to the United States. The panel's report focused on applications, tools, and research and development in universities and industry and on major national projects.