The early 2000s were not a good time for technology. After entering the new millennium amid the impotent panic of the Y2K bug, it wasn't long before the Dotcom Bubble was bursting all the hopes of a new internet-based era. Fortunately the recovery was swift and within a few years brand new technologies were emerging that would transform culture, politics and the economy. They have brought with them new ways of connecting, consuming and getting around, while also raising fresh Doomsday concerns. As we enter a new decade of the 21st Century, we've rounded up the best and worst of the technologies that have taken us here, while offering some clue of where we might be going. There was nothing much really new about the iPhone: there had been phones before, there had been computers before, there had been phones combined into computers before. There was also a lot that wasn't good about it: it was slow, its internet connection barely functioned, and it would be two years before it could even take a video.
A dedicated writer and digital evangelist. Are you aware of how the buying and selling of stocks were carried out when there was no internet or computers? Back then, stock exchanges had active trading floors filled with brokers and traders. To make a trade or a purchase, they had to shout or use hand signals to alert others about their buy or sell orders. It looked a whole lot like an auction at a fish market today. But then came computers and the internet to change the game completely.
This excerpt from my upcoming book is an extension of the work I have published online on Artificial General Intelligence, Artificial General Cognition, Cognitive Artificial General Intelligence and AI Development. All of the previous content is included in The Artificial Superintelligence Handbook Series (vol. 1 & 2) available on Amazon and vol 3, including this article in full, scheduled for release early next year. Thank you to all who follow and are inspired to reach for the singularity. There is one truth in Artificial Intelligence design and development. There are lots of good coders and researchers but a huge gap between the development talent pool and financially viable commercial products.
"We expect customers are going to look for hyper-personalised, cheaper, faster, safer and more transparent products and service offering to suit their preferences. We see that big techs are already offering such services to their customers leveraging AI, comprehensive and seamless automation, deep Learning and actionable real-time insights," says Rajashekara Maiya, vice president, global head of business consulting and product strategy at Infosys Finacle. It's a view shared by Andy Pardoe, Founder and Managing Director, Pardoe Ventures who believe that personalisation will extend into the finance sector in the form of the robo-advisor, the expert intelligence that can find the right types of financial product based on individual circumstances, preferences and risk profile.
The year is coming to a close and it's safe to say Elon Musk's prediction that his company would field one million "robotaxis" by the end of 2020 isn't going to come true. In fact, so far, Tesla's managed to produce exactly zero self-driving vehicles. And we can probably call off the singularity too. GPT-3 has been impressive, but the closer machines get to aping human language the easier it is to see just how far away from us they really are. So where does that leave us, ultimately, when it comes to the future of AI?
June 8, 2019 Updated: April 20, 2020 "[AI] is going to change the world more than anything in the history of mankind. AI oracle and venture capitalist Dr. Kai-Fu Lee, 2018 In a nondescript building close to downtown Chicago, Marc Gyongyosi and the small but growing crew of IFM / Onetrack.AI have one rule that rules them all: think simple. The words are written in simple font on a simple sheet of paper that's stuck to a rear upstairs wall of their industrial two-story workspace. Sitting at his cluttered desk, located near an oft-used ping-pong table and prototypes of drones from his college days suspended overhead, Gyongyosi punches some keys on a laptop to pull up grainy video footage of a forklift driver operating his vehicle in a warehouse. It was captured from overhead courtesy of a Onetrack.AI "forklift vision system." The Future of Artificial Intelligence Artificial intelligence is impacting the future of virtually every industry and every human being. Artificial intelligence has acted as the main driver of emerging technologies like big data, robotics and IoT, and it will continue to act as a technological innovator for the foreseeable future. Employing machine learning and computer vision for detection and classification of various "safety events," the shoebox-sized device doesn't see all, but it sees plenty. Like which way the driver is looking as he operates the vehicle, how fast he's driving, where he's driving, locations of the people around him and how other forklift operators are maneuvering their vehicles. IFM's software automatically detects safety violations (for example, cell phone use) and notifies warehouse managers so they can take immediate action. The main goals are to prevent accidents and increase efficiency. The mere knowledge that one of IFM's devices is watching, Gyongyosi claims, has had "a huge effect." Marc Gyongyosi Photo Credit: IFM/OneTrack.AI The lower level of IFM was designed to mimic a warehouse environment so products can be effectively tested on site. Photo Credit: IFM/OneTrack.AI "If you think about a camera, it really is the richest sensor available to us today at a very interesting price point," he says. "Because of smartphones, camera and image sensors have become incredibly inexpensive, yet we capture a lot of information.
General Trading Company announced that about 98% of the profits made were due to its unique artificial intelligence technology. "An important advantage of General Trading Company compared to other capital management companies active in the financial markets is the complete use of algorithmic trading and AI," says Alex Amartiefio, CEO and one of the co-founders of General Trading Company in London. General Trading is not alone and many other companies in various markets are trying to use artificial intelligence and trading algorithms; but the stunning results of this company has attracted a lot of attention. General Trading Company was registered in January 2019 and has raised its capital to 1 billion pounds in nine months. Amartiefio believes that the company's success is not just an accident rather the result of years of experience among the company's founders and managers.
General Trading Company announced that about 98% of the profits made were due to its unique artificial intelligence technology. "An important advantage of General Trading Company compared to other capital management companies active in the financial markets is the complete use of algorithmic trading and artificial intelligence," says Alex Amartiefio, CEO and one of the co-founders of General Trading Company in London. General Trading is not alone and many other companies in various markets are trying to use artificial intelligence and trading algorithms; but the stunning results of this company has attracted a lot of attention. General Trading Company was registered in January 2019 and has raised its capital to 1 billion pounds in nine months. Amartiefio believes that the company's success is not just an accident rather the result of years of experience among the company's founders and managers.
The ones old enough to remember, might recall the times when image communication seemed a far distant impossible reality… a futuristic dream that would never be achieved! In the last few decades, we have seen what seems like reality surpassing imagination. Incredible technological advancements are happening at such quick pace that one is almost incapable to keep up with all the innovations. And one of the most radical inventions that is promising a tsunami in our lives is AI. The tsunami AI, has been out there actually for a long time.
In such a world, multiple sorts of value will be respected, quantified with a variety of smart contracts going far beyond the money-like tokens dominating the blockchain world today. The rich aesthetic, social, spiritual and imaginative value of humans, other animals, plants and new forms of self-organizing living systems will be supported and woven together with advanced digital and quantum technologies, without pressure to reduce the value of an entity to the degree of its participation in efficient processes of material production.