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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".


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.