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) …
There are two big tech topics in banking these days, namely Artificial Intelligence (AI) and Blockchain. These two tech titans are changing the back office of banks into intelligent shared structures that will be mind-blowing a decade from now. In fact, they're not far off that today. I've written a lot about Blockchain, and feel that it's a slow-burn as it needs an awful lot of agreements before it will come to fruition. A bit like Brexit, Blockchain has too many counterparties involved in agreeing how it will happen, which is why it will not be until the next decade that we really start to see this technology transform clearing and settlement.
We live in an age of rapid technological advances where artificial intelligence (AI) is a reality, not a science fiction fantasy. Every day we rely on algorithms to communicate, do our banking online, book a holiday - even introduce us to potential partners. Driverless cars and robots may be the headline makers, but AI is being used for everything from diagnosing illnesses to helping police predict crime hot spots. As machines become more advanced, how does society keep pace when deciding the ethics and regulations governing technology? Al Jazeera talks to Stephen Roberts, professor of Machine Learning at the University of Oxford, United Kingdom, on the role machine learning plays in our lives today - and in the future.
They're not coming to destroy us, they will take some jobs -- and if it's your job, that's nearly as frightening. We're no strangers to seeing jobs replaced by automation. Despite various claims that we're losing trade jobs to China and Mexico, the majority of lost manufacturing jobs in the United States -- which a Ball State study estimates to be 87 percent -- are due to increased productivity and efficiency (i.e., better machines and automation). But, the losses aren't going to stop there. One PwC study found that by the early 2030s, approximately 38 percent of all United States jobs could be replaced by artificial intelligence (AI) and automation.
Imaging in three dimensions rather than two offers numerous advantages for machines working in the factories of the future by granting them a whole new perspective to view the world. Combined with embedded processing and deep learning, this new perspective could soon allow robots to navigate and work in factories autonomously by enabling them to detect and interact with objects, anticipate human movements and understand given gesture commands. Certain challenges must first be overcome to unlock this promising potential, however, such as ensuring standardisation across large sensing ecosystems and increasing widespread understanding of what 3D vision can do within industry. Three-dimensional imaging can be achieved by a variety of formats, each using different mechanics to capture depth information. Imaging firm Framos was recently announced as a supplier of Intel's RealSense stereovision technology, which uses two cameras and a special purpose ASIC processor to calculate a 3D point cloud from the data of the two perspectives.
Brexit could help usher in the rise of robots As headlines go, " Brexit leads to robot takeover" sounds like satire. It's up there with Brexit being "the opportunity to create a second Elizabethan Golden Age". Both have been written recently - but I would argue that the former may actually be true. Recessions force companies to make difficult choices to survive. As headlines go, " Brexit leads to robot takeover" sounds like satire.
Artificial Intelligence is the future of growth. There is sure to be at least one article in the newspaper/internet/blogs daily on the revolutionary advancements made in the field of Artificial Intelligence or its subfield disrupting standard industries like Fintech, Banking, Law, or any other. In banking domain digital banking teams of all modern banks planning to transform the customer experience with their AI based chat-driven intelligent virtual assistant i.e. bots. AI promises benefits, but also poses urgent challenges (not threats, please make a note) that cut across almost all industries and business be it of any nature, i.e software development, technical support, customer care, medicines, law domain or factory / manufacturing work. The need of the hour is to upgrade our skill sets to exploit AI rather than compete with it.
GENEVA – "Robots are not taking over the world," the diplomat leading the first official talks on autonomous weapons assured the meeting Friday, seeking to ease criticism over slow progress toward restricting the use of "killer robots." The United Nations was wrapping up an initial five days of discussions on weapons systems that can identify and destroy targets without human control. Experts say such weapons will soon be ready for battle. The meeting of the U.N.'s Convention on Conventional Weapons (CCW) marked an initial step toward rules governing such weapons. But activists warned that time is running out and that the glacial pace of the U.N.-brokered discussions is not responding to an arms race already underway.
Another strange and incredible robot has entered the tech market. Boston Dynamics (BD) has revealed a new, sleek, headless version of their SpotMini, an all-electric robot that moves around like an animal. In the video, you can clearly see the bot bounding across a grassy yard, almost like a dog. And while it is completely headless, it is surprisingly lifelike. You half expect the robot to walk over, looking to be pet.
We'd previously written an opinion piece titled "The case for an artificially intelligent god." This is our counterpoint to that. It's a strange time to be a technology journalist. Somehow artificial intelligence has grown from buzzword to a religion, literally. For tech enthusiasts, it can often be more comfortable to wrap our heads around ideas like algorithms and neural networks than religion and faith.
But don't start digging your underground bunker just yet. As a recent piece in The Washington Post explained, artificial intelligence is (at least so far) incredibly specialized. An AI system developed to decode CAPTCHA images might eventually get better at it than any human ever could. But "if you asked the CAPTCHA cracker to learn to understand a spoken phrase, it would not even know where to start." An AI system that can learn to drive a car won't know how to change a flat.