Goto

Collaborating Authors

Results


The Future of AI Part 1

#artificialintelligence

It was reported that Venture Capital investments into AI related startups made a significant increase in 2018, jumping by 72% compared to 2017, with 466 startups funded from 533 in 2017. PWC moneytree report stated that that seed-stage deal activity in the US among AI-related companies rose to 28% in the fourth-quarter of 2018, compared to 24% in the three months prior, while expansion-stage deal activity jumped to 32%, from 23%. There will be an increasing international rivalry over the global leadership of AI. President Putin of Russia was quoted as saying that "the nation that leads in AI will be the ruler of the world". Billionaire Mark Cuban was reported in CNBC as stating that "the world's first trillionaire would be an AI entrepreneur".


When the Music Stops: AI and Deflation

#artificialintelligence

Artificial Intelligence is rewriting the rules of economics, but is also bounded by that same economics. This is a long article, even by my standards. It represents my thinking about the implications of artificial intelligence on the economy, beyond the normal cheerleading that seems to so frequently accompany discussion of topic. Feel free to respond to me at kurt.cagle@gmail.com Artificial intelligence, the use of computer processes to infer and make decisions on information about the world that is not necessarily explicitly given, has been a hallmark of much of this decade. From word processors that went from simple spell check to office suites that now have a significant hand in the production process, from cruise control to self-driving vehicles, from halting speech recognition software to fully integrated video/audio concept recognition, AI and its related technologies have quietly but perhaps irrevocably changed our relationship with computers far more than most people realize. Yet as the information revolution continues, the impacts that it is having upon our economy are now reaching an extent where most of the models that economists have formulated about how that economy works are being thrown out. We're in terra incognita at this stage, and this, in turn, is forcing politicians, policy makers, economists, business leaders and everyday people to rethink many of the fundamental assumptions on which we base our notions of work, value and utility.


How Amazon triggered a robot arms race, revolutionizing the world's warehouses and putting human jobs at risk

#artificialintelligence

An Amazon warehouse is a flurry of activity. Towering hydraulic arms lift heavy boxes toward the rafters. And an army of stubby orange robots slide along the floor like giant, sentient hockey pucks, piled high with towers of consumer gratification ranging from bestsellers to kitchenware. Those are Kiva robots, once the marvel of warehouses everywhere. Amazon whipped out its wallet and threw down US 775 million to purchase these robot legions in 2012.


How Amazon Triggered a Robot Arms Race

#artificialintelligence

An Amazon warehouse is a flurry of activity. Towering hydraulic arms lift heavy boxes toward the rafters. And an army of stubby orange robots slide along the floor like giant, sentient hockey pucks, piled high with towers of consumer gratification ranging from bestsellers to kitchenware. Those are Kiva robots, once the marvel of warehouses everywhere. Amazon whipped out its wallet and threw down 775 million to purchase these robot legions in 2012.