China is deploying robots and drones to remotely disinfect hospitals, deliver food and enforce quarantine restrictions as part of the effort to fight coronavirus. Chinese state media has reported that drones and robots are being used by the government to cut the risk of person-to-person transmission of the disease. There are 780 million people that are on some form of residential lockdown in China. Wuhan, the city where the viral outbreak began, has been sealed off from the outside world for weeks. The global death toll from coronavirus topped 2,100 people this week, with over 74,000 infected.
The past few weeks have revealed the worst and the best in human responses to the coronavirus crisis – from the supermarket hoarders clearing the shelves to the neighbourhood groups organising help for elderly and vulnerable people. When it comes to the pharmaceutical companies, how should we judge their response? They, after all, hold the key to ending the pandemic. Yet in one vital respect their behaviour has more in common with the supermarket hoarders than the neighbourhood groups. Our exit strategy from the global lockdown depends on the development of an effective vaccine, as is well-known.
The emergence of the novel coronavirus has left the world in turmoil. COVID-19, the disease caused by the virus, has reached virtually every corner of the world, with the number of cases exceeding a million and the number of deaths more than 50,000 worldwide. It is a situation that will affect us all in one way or another. With the imposition of lockdowns, limitations of movement, the closure of borders and other measures to contain the virus, the operating environment of law enforcement agencies and those security services tasked with protecting the public from harm has suddenly become ever more complex. They find themselves thrust into the middle of an unparalleled situation, playing a critical role in halting the spread of the virus and preserving public safety and social order in the process.
And while that was happening, the financial sector was also taking note. Among the many boons of AI tech for finance is the practice called algorithmic trading: the idea that an advanced AI may be able to assist the investors by predicting the market dynamics with enough precision to make consistent profit. And while many advanced machine learning models developed for this purpose stay outside the reach of the general public, others are eager to make AI-driven trading available to a broader audience. One of the leaders in this sphere is the Israel-based company with an ambitious name I Know First. With its powerful cloud-based AI capable of predicting the price dynamics for more than 10,000 financial instruments, including stock ideas, ETFs, world indices, commodities and currencies, it offers its forecasts to private and institutional investors alike.
Hyunsoo Kim, a 29-year-old entrepreneur in South Korea, is on a mission to democratize artificial intelligence to enable more companies, both large and small, to utilize the emerging technology. So it's only fitting that Kim, cofounder of Superb AI, has been selected as the featured honoree for the Enterprise Technology category of this year's Forbes 30 Under 30 Asia list, leading a pack of several fellow honorees who founded startups based on AI. Since launching Superb AI in April 2018 with four cofounders, Kim has grown his startup to $2 million in revenues last year and 21 employees, fueled by increasing demand for AI. Profits are still in the future, but Superb AI also managed last year to join Y Combinator, a prominent Silicon Valley startup accelerator. So far, it has raised $2 million in funding from Y Combinator, Duke University and VC firms in Silicon Valley, Seoul and Dubai, giving it a valuation of $12 million as of March 2019.
United Arab Emirates-based global EdTech Alef Education is on a mission to digitally transform the education sector to support its most valuable resource: teachers. The United Nations Educational, Scientific, and Cultural Organization (UNESCO) Institute for Statistics estimates that the world needs almost 69 million new teachers by 2030 to meet the deadline of the United Nations Sustainable Development Goal for quality education. But according to latest projections, the world will fail its education commitments without addressing the teacher shortage. Overwhelming teacher workload is a major contributor to teacher scarcity and the urgency to tackle this imbalance is a key driver for United Arab Emirates (UAE)-based global education technology Alef Education. The forward-thinking organization is shrinking teacher workloads and helping them better manage classrooms through its artificial intelligence (AI)-powered platform built on Amazon Web Services (AWS).
Hong Kong/Beijing/Seoul/Tokyo – Fitness-tracking gadgets are selling out, home exercise classes have never been more popular and robotics crews are pivoting to making sanitation robots. The Covid-19 pandemic has triggered a seismic wave of health awareness and anxiety, which is energizing a new category of virus-fighting tech. The fear of infection has accelerated the adoption of apps and wearables as a means to feel better protected. "Having accurate and immediate feedback about our body temperature, blood pressure and other health signals helps to restore people's sense of control," said Andy Yap, a social psychologist at the INSEAD business school. Consumers, insurers and health-care providers are all seeing the benefit of the gadgets, in a shift expected to persist long after the outbreak subsides.
Scientists have developed an artificial intelligence system that can translate a person's thoughts into text by analysing their brain activity. Researchers at the University of California developed the AI to decipher up to 250 words in real-time from a set of between 30 and 50 sentences. The algorithm was trained using the neural signals of four women with electrodes implanted in their brains, which were already in place to monitor epileptic seizures. The volunteers repeatedly read sentences aloud while the researchers fed the brain data to the AI to unpick patterns that could be associated with individual words. The average word error rate across a repeated set was as low as 3%.
The report titled "Cognitive Computing Market" report will be very useful to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, SWOT analysis, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. Cognitive Computing is completely changing the way organization use their big data in each verticals, especially in industries like Healthcare, BFSI and Customer services. This is big revolution in global information technology market and holds very strong potential of growth.
Note– To all those who have lost the hope at the end of Corona Virus spread, here's some good news. Fujifilm's Pharmaceutical branch has started its phase 3 test trials of its Avigan (Favipiravir) drug from Tuesday to those infected with COVID 19 in Japan. It is reported that the drug stands as a one-shot antiviral drug solution against 18 types of flu and might prove effective getting rid of Corona Pandemic from the infected nations. So, the clinical trials made on the infected people in Japan have yielded excellent results and have already clinically proven by experts that it can eradicate the Ebola Virus to the core. Already Fujifilm has ramped its production in March 2020 after it started its trials in November 2019 after seeing the spread of the Wuhan Virus in China.