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) …
YouTube parent company Google on Monday released what it said would be the first quarterly report outlining efforts to enforce its community guidelines. The report, which looked at the last quarter of 2017, said that it removed eight million videos from YouTube during the quarter, adding that the videos it removed "were mostly spam or people attempting to upload adult content." Of note, however, is that YouTube's machine-learning algorithm spotted the overwhelming majority of the content. During the company's quarterly earnings call Monday, Google CEO Sundar Pichai said that "over six million videos removed in Q4 were first flagged by our machine systems, and over 75% of those videos were removed before receiving a single view." The company introduced its machine flagging in June, 2017.
The earnings growth was Alphabet's strongest since the fourth quarter of 2009. Advertising revenue, which accounts for nearly all of the company's top line, soared 24% to $26.6 billion. Revenue from "Other Bets," a segment which includes Waymo self-driving cars, totaled $150 million, an increase of 14% from the same period last year. The results landed while regulators in Washington are considering getting tougher on internet privacy. While most of the attention on the issue has focused on Facebook Inc., many observers believe Google's dominant role online means the firm will also be subject to tougher scrutiny.
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After a lot of scandal and a great deal of confusion, Facebook has finally made clear what its privacy settings will look like in the wake of Europe's forthcoming GDPR (the General Data Protection Regulation). In a news release, the company said that everyone, no matter where they live, will be asked to review information on the way Facebook uses their data. The options will roll out in Europe first, ahead of GDPR implementation on May 25. On the face of it, the options seem comprehensive enough. Facebook will ask you to make choices about adverts, sensitive information and face recognition technology, and claims that it's developed better tools to access, delete and download information.
Marsh, a global leader in insurance broking and innovative risk management solutions, announced today the launch of Marsh Digital Labs within its broader Digital, Data, and Analytics organization. Marsh Digital Labs will act as an incubator focused on experimenting in emerging technologies and developing innovative products, new business models, and strategic engagements with clients, carriers, and insurtech companies. "We see artificial intelligence, blockchain, the Internet of Things, and other emerging technologies as a transformative opportunity to drive client value," said Sastry Durvasula, chief digital officer and chief data and analytics officer, Marsh. "With Marsh Digital Labs we are providing a hands-on opportunity to collaborate with clients on new ecosystems, innovative use cases, and distribution channels that will better help them manage risk and succeed in the new economy." Based in San Francisco, California, Marsh Digital Labs is currently exploring new products in the small commercial and consumer business, cyber, sharing/gig economy, autonomous vehicle, and workers' compensation sectors.
Bitcoin Press Release: Blockchain-based startup Cryptics has announced the launch of the world's first public cryptocurrency analytics based on AI technology. April 10th, 2018, Tallinn, Estonia – The crypto market is still relatively new and lacks many of the traditional institutions of a civilized market. There is a lack of regulation and the volatility factor is detracting a vast majority of classical investors from investing in the new market. Traders are also approaching the market cautiously as the there is a lack of classical application of trading instruments. Despite these issues there are blockchain projects on the market that seek to indemnify or mitigate the associated risks that investors take when deciding to invest in projects.
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE). It's no secret on Wall Street that a "sell" recommendation in sell-side research reports is exceedingly rare, and it can't be chalked up to today's bull market recently surpassing its ninth birthday. According to FactSet data, only 6% of analyst recommendations on S&P 500 companies are "sell" ratings or the equivalent, lending credence to the notion that conflicts of interest persist despite reform efforts to make recommendations more objective in nature. Put simply, negative recommendations can place an analyst in the virtual penalty box when it comes to getting access to companies, and the effects are clear in a business where access is king. So, is there still use to looking through research reports to figure out which stocks are worth buying and selling?
Facebook said Wednesday that personal data for up to 87 million people--tens of millions more than originally thought--may have been "improperly shared" with Cambridge Analytica, the data analytics firm that worked for Donald Trump's 2016 campaign. Most of those affected were in the United States, the company said. Facebook included the disclosure in the second-to-last paragraph of a company statement that also described new measures to restrict third-party access to user data. Recent stories in the New York Times and the British Observer cited a former Cambridge Analytica employee, Christopher Wylie, who said that the Facebook data of more than 50 million people had been harvested and provided to Cambridge Analytica in 2014. The data was acquired, Wylie said, in the hopes of building personality-based models to target and influence voters in US elections.
The best digital marketing tips from just a few years ago may no longer prove relevant. Yes, social media still dominates, but today's most effective campaigns look little like the leaders of 2013 or even 2016. Live streaming, wearables, and machine learning allow forward-thinking business leaders to gain an edge over those still attempting to grasp basic digital marketing concepts. Ready to update your company's marketing strategy? Touted by Entrepreneur as "the future of marketing," machine learning will begin to play a greater role among businesses of all sizes and across a broad range of industries in 2018.
The Intel event, which is expected to be attended by approximately 2500 channel partners, has Dell EMC as one of its premier sponsors, a key technology partner with which V5 Systems has already implemented a number of turnkey IoT security solutions in the outdoors. The upshot of the event is for attendees to gain insights from Intel innovators and industry visionaries on how the IoT, along with artificial intelligence, virtual reality, the Cloud and other leading-edge technology applications, is contributing to the digital transformation of businesses. The event enables participants to accelerate their partnerships and identify new opportunities for profitability. V5 Systems has been invited to present its technology at the event because it has already established its leadership position in the Industrial IoT by implementing numerous real-world solutions. At Intel Partner Connect, V5 Systems, Intel and Dell EMC are changing the security space through technology and innovation.