It started with a single tweet in November 2019. David Heinemeier Hansson, a high-profile tech entrepreneur, lashed out at Apple's newly launched credit card, calling it "sexist" for offering his wife a credit limit 20 times lower than his own. The allegations spread like wildfire, with Hansson stressing that artificial intelligence – now widely used to make lending decisions – was to blame. "It does not matter what the intent of individual Apple reps are, it matters what THE ALGORITHM they've placed their complete faith in does. And what it does is discriminate. While Apple and its underwriters Goldman Sachs were ultimately cleared by US regulators of violating fair lending rules last year, it rekindled a wider debate around AI use across public and private industries. Politicians in the European Union are now planning to introduce the first comprehensive global template for regulating AI, as institutions increasingly automate routine tasks in an attempt to boost efficiency and ...
In its final iteration, the metaverse is envisioned as a persistent digital world using virtual reality and augmented reality, where users can do just about anything they can in the real world, without any physical boundaries -- from socializing to relaxing and earning income. The metaverse will rely on a myriad of cutting-edge underlying technologies to succeed, with blockchain and artificial intelligence (AI) being two of its most significant building blocks. Below we'll analyze the importance of blockchain and AI and their roles in the future metaverse. Without a doubt, AI and blockchain are at the forefront of the 4th industrial revolution, fostering more efficiency, transparency, and automation in the most significant industries. Artificial intelligence will be among the main driving factors of metaverse growth.
AudioEye, Inc., the industry-leading digital accessibility provider, announced a joint effort with Localogy, the leading non-profit trade association supporting local businesses, to provide Localogy members with access to digital accessibility resources and learning opportunities through the association's knowledge center. "Over the years, Localogy has built a powerful network of organizations with a shared goal of helping local businesses navigate challenges and thrive. One of the key challenges for businesses today is making their websites accessible to people with diverse needs and being discoverable online," said Bill Dinan, President at Localogy. "We're excited to team up with AudioEye and provide our members, and the more than 30 million local businesses they serve, with opportunities to learn about AudioEye's digital accessibility solution and ways to ensure ongoing accessibility on their sites." Based on a recent analysis of 3,500 randomly websites across 22 industries, including healthcare, e-commerce, and employment, AudioEye found that 83% of e-commerce sites, 78% of healthcare sites, and 77% of jobs and career sites had accessibility issues that blocked a screen reader user's ability to complete key tasks, such as viewing product descriptions, completing a purchase, filling out an application, or booking an appointment.
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Advanced technology has made it possible to run the world from the fingertips. Still, we humans thrive on more comfort and convenience in everything. Secure transactions that are hassle-free and quick are one of our most primary concerns. And with Paytalk Application, it is possible to fulfil all these demands. Various applications in the market promise and deliver features to aid the online transaction, and those applications require saving and careful data entry every single time.
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T-Hub, which leads India's innovation ecosystem, announced that it has co-invested in Bluecopa through T-Fund along with Blume Ventures and other notable investors like Titan Capital, Speciale Invest, Bharat Founders Fund, T2D3, Amplify, and Force Ventures. Finance operations automation platform, Bluecopa raised USD 2.3 million in this seed funding round. Also joining the funding round are seasoned entrepreneurs Krish Subramanian, Rajaraman Santhanam, Founders of Chargebee, Rohit Chennamaneni, Founder of Darwinbox, Asad Khan, and Jay Singh, Founders of LambdaTest. T-Fund is primarily a Co-Investment Fund, which invests alongside established Angels, Angel Networks, and venture capitalists. T-Hub is the Investment Manager and will formulate investment and business development strategies for this fund. It will source startups from various sectors, including but not restricted to Information Technology, Cleantech, Agritech, Fintech, Healthtech, Logistics, Artificial Intelligence (AI), Machine Learning (ML), Internet of Things, Augmented Reality (AR), Virtual Reality (VR), Hardware, Blockchain, and Consumer tech.
With the emergence of financial technology (fintech), companies are expected to offer more financial services to personalize their customer journey, enhance the overall user experience and generate alternative revenue streams. Provenir, an artificial intelligence-powered decision-making platform, believes that integrating start-up business operations with artificial intelligence (AI) and efficient data management could trigger "a fintech revolution" that will transform industries in the country. This holds true with the growth of the local fintech market, which has seen a significant valuation increase by 224 percent from $3.4 billion to $11 billion in 2016 to 2021, indicating that Filipinos use at least one fintech service every second. As mobility restrictions amid the ensuing pandemic constantly result in strong demand for digital services, businesses need to "adapt themselves at a very high speed," according to Provenir General Manager for Asia-Pacific Bharath Vellore. "AI in fintech opens the doors for the digitalization of credit-rich verticals and diversifies products and capabilities. Agility and speed in personalization play critical roles in providing personalized offers to customers, aiding in hypergrowth," he said during a recent forum.
It's not surprising that all top performing websites use 1:1 personalization to improve their customer experiences and maximize their results. How do they do this at scale? Which CRO methodology works best? The answer is: all of them, if used for the right purpose. In our personal lives, we've come to expect personalized experiences from the websites we visit and use.
A computer engineer who accidentally threw away a hard drive containing approximately £150m worth of bitcoin plans to use artificial intelligence to search through thousands of tonnes of landfill. James Howells discarded the hardware from an old laptop containing 8,000 bitcoins in 2013 during an office clearout and now believes it is sitting in a rubbish dump in Newport, south Wales. The council has previously denied the 37-year-old's repeated requests to search the site due to environmental concerns but he has hatched a £10m hi-tech scheme backed by hedge fund money to find the digital assets. His new proposal would utilise AI technology to operate a mechanical arm that would filter the rubbish, before then being picked by hand at a pop-up facility near the landfill site. Under the plans he will hire a number of environmental and data recovery experts, and while the search is ongoing employ robot dogs as security so no one else can try to steal the elusive hard drive.