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There are few sectors of the stock market that are quite as exciting as the artificial intelligence sector. Eerily reminiscent of many works of science fiction, today's technological innovation has brought us smartphones, televisions, and even homes that talk to you, providing intelligent answers in seemingly no time flat! AI technology is quickly changing the way people do everything from order food to enjoy streaming entertainment, and as adoption of the technology continues, the opportunities in the space are only growing larger. It's no surprise to find intense investor interest in artificial intelligence stocks, but what exactly are the companies they represent doing, and should you be investing in them? Read on to learn more about this fast-evolving sector of the economy and how to go about investing in it.
Cyber-Physical systems (CPS) have complex lifecycles involving multiple stakeholders, and the transparency of both hardware and software components' supply chain is opaque at best. This raises concerns for stakeholders who may not trust that what they receive is what was requested. There is an opportunity to build a cyberphysical titling process offering universal traceability and the ability to differentiate systems based on provenance. Today, RFID tags and barcodes address some of these needs, though they are easily manipulated due to non-linkage with an object or system's intrinsic characteristics. We propose cyberphysical sequencing as a low-cost, light-weight and pervasive means of adding track-and-trace capabilities to any asset that ties a system's physical identity to a unique and invariant digital identifier. CPS sequencing offers benefits similar Digital Twins' for identifying and managing the provenance and identity of an asset throughout its life with far fewer computational and other resources. Across domains, manufactured and assembled system complexity is increasing. Constituent components require compliance with stringent specifications, must have low defect rates, and increasingly require known provenance relating to origin and interaction histories. At the same time, economic and other constraints affecting production and assembly may necessitate involving diverse and untrusted vendors: a vehicle's parts may be made abroad and assembled domestically, while a medication might be compounded in one country before being shipped to another for packaging and a third for distribution. Power generation plant components might be manufactured globally but require certification in the country of use, while electronics manufacturing for a globally-distributed device may require trust-related integrated circuits to be provided and validated by a single-source vendor.
IDC estimates that the global artificial intelligence (AI) market is on track to generate $327.5 billion in revenue in 2021, a jump of 16.4% over last year. The research firm anticipates that spending on AI-related hardware, software, and services could increase at an annual rate of 17.5% through 2024 and hit $554 billion in revenue. There are several ways investors can tap into this massive opportunity, as there are a plethora of artificial intelligence stocks out there to choose from. However, Apple (NASDAQ:AAPL), Advanced Micro Devices (NASDAQ:AMD), and Micron Technology (NASDAQ:MU) look like three of the best stocks investors can buy right now to benefit from the massive AI opportunity. Apple gets most of its revenue from selling hardware products such as the iPhone, the iPad, MacBooks, wearables, smart-home devices, and other accessories. These product lines produced nearly 78% of Apple's revenue in the fourth quarter of fiscal 2021, with the services business accounting for the rest.
There is mounting public concern over the influence that AI based systems has in our society. Coalitions in all sectors are acting worldwide to resist hamful applications of AI. From indigenous people addressing the lack of reliable data, to smart city stakeholders, to students protesting the academic relationships with sex trafficker and MIT donor Jeffery Epstein, the questionable ethics and values of those heavily investing in and profiting from AI are under global scrutiny. There are biased, wrongful, and disturbing assumptions embedded in AI algorithms that could get locked in without intervention. Our best human judgment is needed to contain AI's harmful impact. Perhaps one of the greatest contributions of AI will be to make us ultimately understand how important human wisdom truly is in life on earth.
The world never changes quite the way you expect. But at The Verge, we've had a front-row seat while technology has permeated every aspect of our lives over the past decade. Some of the resulting moments -- and gadgets -- arguably defined the decade and the world we live in now. But others we ate up with popcorn in hand, marveling at just how incredibly hard they flopped. This is the decade we learned that crowdfunded gadgets can be utter disasters, even if they don't outright steal your hard-earned cash. It's the decade of wearables, tablets, drones and burning batteries, and of ridiculous valuations for companies that were really good at hiding how little they actually had to offer. Here are 84 things that died hard, often hilariously, to bring us where we are today. Everyone was confused by Google's Nexus Q when it debuted in 2012, including The Verge -- which is probably why the bowling ball of a media streamer crashed and burned before it even came to market.
This post was done in partnership with Wirecutter. When readers choose to buy Wirecutter's independently chosen editorial picks, Wirecutter and Engadget may earn affiliate commission. After researching about 200 dash cams and testing 30, we've found that the Garmin Dash Cam 55 is the dash cam we'd want on the windshield in case something crazy happens when we're out for a drive. This camera produces crisp, detailed video day or night, and its compact body sits securely in a magnetic mount that's among the simplest to set up and use daily. The Garmin Dash Cam 55 records at a 1440p resolution, delivering better-quality video than most of the models we've tested, with sharp enough resolution to clearly read license plates and see other details in lighting conditions that other cameras struggled with. At only 2¼ by 1½ inches, the Garmin takes up less room on the windshield than most, and its small magnetic mount makes the camera easy to adjust, attach, or remove. You can perform basic functions through voice commands--a rare feature that helps make up for some awkward physical controls. It also has details common to higher-end units, like an integrated GPS receiver, Wi-Fi for connecting to a compatible smartphone app, and some handy driver assistance functions. On performance, the Nextbase 512GW and Nextbase 612GW 4K are actually better dash cams than the Garmin 55--but this brand, popular in the UK and new to the US market, has been available inconsistently so far. If you can find either of these Nextbase models, you'll get the best image quality--as well as one of the best mounts and smartphone apps--of any dash cams we tested. A few details differentiate this pair: the 512GW records at 1440p resolution, has touch-sensitive buttons, and a plastic body; the 612GW records at a crisper 2160p (4K) and has both an easier-to-use touchscreen and a sturdier aluminum body. You can also connect an optional rear camera to the 512GW.
A staff member displays a DJI Phantom 3 4K drone during CES (Consumer Electronics Show) in Las Vegas, Nevada. It may come as a surprising fact that there are now 14 Chinese AI companies valued at $1 billion or more. These unicorns are worth a combined $40.5 billion, according to a report China Money Network recently released during the World Economic Forum's Summer Davos gathering in Beijing. Just to put these numbers in perspective. Google bought DeepMind for over $500 million in 2014. Chinese voice recognition giant iFlytek Co. has a market capitalization of 63 billion yuan ($9.2 billion). Chinese AI startups raised $27.7 billion via 369 VC deals in 2017, according to a recent report from Tsinghua University. So naturally, it raises questions on if there is a bubble waiting to pop in the Chinese AI space. How could these companies, with an average age of less than five years, be worth so much money?
An Israeli startup behind one of the world's most expensive phones has unveiled its latest device, which it hopes will simultaneously revolutionise smartphones and deliver cryptocurrency to the masses. In contrast to its predecessor, the new device aims to reach as wide an audience as possible with a more modest price tag of $1,000. It is unique both in terms of its software and hardware, having ditched the monolithic slab design adopted by most modern-day smartphone manufacturers. A twist to this ubiquitous design means the introduction of a hidden screen that slides up from behind the Finney's main display to reveal a cold-storage cryptocurrency wallet. "We're blockchain enthusiasts," Nimrod May, Sirin Labs' chief marketing officer, tells The Independent.
By Stefan Nicola and Joe Mayes Mobile World Congress, the wireless industry's biggest conference, begins next week in Barcelona, where more than 100,000 people are set to see the latest smartphones, artificial intelligence devices and autonomous drones exhibited by roughly 2,300 companies. The event is also the industry's largest networking opportunity for executives, bankers, analysts and the like to talk shop -- and potential deals. Here are the big themes likely to dominate the event: Samsung to Sony in device battle MWC has long been a venue for companies to show off their latest mobile devices and vie for consumer attention. This year, Samsung is back to unveil its latest flagship phone, widely expected to be the Galaxy S9. Sony created buzz when it posted a video on Twitter last Sunday for what looks like it could be a new Xperia device with curves, and gadget blogs such as Wired have speculated whether foldable phones will make their debut this year.