We live in uncertain times. A global pandemic has disrupted our lives. Our broken economies are rapidly restructuring. Climate change looms, disinformation abounds, and war, as ever, hangs over the lives of millions. And at the heart of every global crisis are the chronically underserved, marginalized, oppressed, and persecuted, who are often the first to befall the tragedies of social, economic, environmental, and technological change.3
Transaction data is like a friendship tie: both parties must respect the relationship and if one party exploits it the relationship sours. As data becomes increasingly valuable, firms must take care not to exploit their users or they will sour their ties. Ethical uses of data cover a spectrum: at one end, using patient data in healthcare to cure patients is little cause for concern. At the other end, selling data to third parties who exploit users is serious cause for concern.2 Between these two extremes lies a vast gray area where firms need better ways to frame data risks and rewards in order to make better legal and ethical choices.
CEO at Leaders Press, a USA Today best-selling press, where we turn book ideas into best-sellers. Go to Leaders Press to get started! Can artificial intelligence (AI) write a book? As the founder of a press where we offer ghostwriting services for our authors, I might feel threatened by the current capabilities of AI. AI-written novels are currently unreadable.
Kevin Gray: AI has become part of our daily lives, hasn't it! Dr. Anna Farzindar: I was working on my laptop when my college daughter said "Mom please don't do anything wrong with AI!" Then two days later during our family dinner, my younger freshman high school daughter told a story about a video on social media showing a small home care robot that tricked the owner and lied. She asked me "Mom, aren't you afraid of robots?" These short conversations made me think about how the new generation is a big consumer of technology but, at the same time, they are concerned and worried about the future AI. KG: Getting back to basics, what is AI? AF: From talking to your virtual assistance on smartphone (like SIRI), watching a recommended movie on Netflix, searching on Google, following the suggested Instagram posts, using the sophisticated methods of an auto trading stock market, applying the decision making systems for your loan approval, or (soon) sitting in a self-driving car, AI algorithms are so embedded in our daily life that is hard to imagine living a single day without them!
CEO at Leaders Press, a USA Today best-selling press, where we turn book ideas into best-sellers. Go to Leaders Press to get started! Can artificial intelligence (AI) write a book? As the founder of a press where we offer ghostwriting services for our authors, I might feel threatened by the current capabilities of AI. AI-written novels are currently unreadable. One of the first books claimed to have been written by AI is 1 the Road, which narrates a country road trip and starts with: "It was nine seventeen in the morning, and the house was heavy."
Investor demand for innovative emerging companies remains strong with Australian AI tech startup Tiliter completing a $7.5 million capital raise, led by Investec Emerging Companies (IEC). Eleanor Venture, a tech investment syndicate for angel investors, and New York's Cornell University also participated in the funding round. Tiliter is a leading artificial intelligence (AI) provider whose technology uses computer vision to recognise products without barcodes. Its technology automatically identifies items, such as fresh produce, without the need for barcodes, packaging, and price stickers, making it easier for shoppers to manage during self-checkout. Tiliter is currently focused on the Supermarket vertical and its camera and software system uses AI to pre-select items and remove the need for manual entry, with over 99% accuracy and in under one second.
Previously, facial recognition technology was reserved for the movies and was a thing of fiction. However, much like other biometric solutions that have seen improvement and progress, facial recognition technology also steadily became a reality. Over the past decade, it has not only been developed and perfected; it is being deployed around the world as well. However, not as rapidly as other biometric technologies did – which include fingerprint, iris recognition, hand geometry, and DNA. Before we discuss the history and gradual evolution of facial recognition technology, there is a need to have an understanding of how this technology works and why there was a need for it in the first place?