If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."
However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …
The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar. Japan's On-Art Corp's CEO Kazuya Kanemaru poses with his company's eight metre tall dinosaur-shaped mechanical suit robot'TRX03' and other robots during a demonstration in Tokyo, Japan Japan's On-Art ...
In the west, AI and machine learning startups and tech giants of all stripes have been doing the M&A dance. Activity in Asia has been decidedly quieter, with AI research and development mostly happening at the institutional and corporate level. While Japan's Toyota is putting in $1 billion to ramp up AI research, mainly into autonomous vehicles, the South Korean government is also reportedly injecting $860 million into an AI research institute. "I think the quality of AI research and development between Asia and the west is very even.
By luck or design, Nomura's Simplex Equity Futures Strategy Fund ended the day with a 3.4 percent gain, one of its best results in three months of trading. The tumult has been rough on hedge funds, with a gauge of Japan-focused managers tracked by Eurekahedge Pte dropping 3.5 percent this year. It's often difficult to distinguish AI funds from their more ubiquitous "quantitative" investing precursors, according to Motoyuki Sato, a general manager and researcher at Man Group Japan Ltd., a unit of the world's largest publicly traded hedge fund manager. Simplex Asset Management is one of Japan's fastest-growing money managers, overseeing 560 billion for clients.
SoftBank Group Corp.'s former Chief Operating Officer Nikesh Arora, whose 8 billion package topped the list, hails from India. Higher wages in Japan were typically earned by sticking around, thanks to rigid corporate promotion systems based on tenure. In the U.S., executives have reaped the benefits of a shift from cash to equity-based compensation tied to their companies' performance -- a change that sent pay packages spiraling in recent decades as the stock market soared. Interlocking stock ownership between companies listed on the Tokyo Stock Exchange fell to 16 percent in 2015 from 50 percent in 1990, according to data from Nomura Holdings Inc. Last year's biggest pay packages for Japan executives born in the country were Fanuc Corp. CEO Yoshiharu Inaba's 690 million and Sony Corp. CEO Kazuo Hirai's 513 million, data compiled by Bloomberg show.
About a month into Japan's professional baseball season, the Fukuoka SoftBank Hawks, the 2014 and 2015 national champions, are doing no worse. Masayoshi Son, chairman and CEO of the SoftBank Group, celebrates with fans after the Hawks advanced to last year's national championship series. Masayoshi Son, chairman and CEO of the SoftBank Group, celebrates with fans after the Hawks advanced to last year's national championship series. Masayoshi Son, chairman and CEO of the SoftBank Group, wants to make the Hawks the best baseball team in the world.
A Japanese amusement park is turning the fears of a robot-run world into a family friendly attraction. Guests at Huis Ten Bosch will soon be able to enjoy okyonomiyaki prepared by a robotic chef, cocktails made by an autonomous bartender and a complete staff of serving cyborgs. This'robotic kingdom' will feature over 200 androids that attendees can touch and interact with while spending the day at the park. Guests at Huis Ten Bosch will soon be able to enjoy okyonomiyaki prepared by a robotic chef, cocktails made by an autonomous bartender and a complete staff of serving cyborgs. This'robotic kingdom' will feature over 200 androids.
The world's largest ad agency has hired its first artificially intelligent creative director – the rookie at McCann Erickson's Japan office is named AI-CD?. "We thought we could do that for TV commercials too," Matsuzaka says, "create creative direction by big data." A (human) creative director is in charge of turning a client's requests into a finished commercial. Its one arm is being programmed to write out briefs in Japanese calligraphy – typical of a creative director to write out directions and leave the rest of the work to younger employees, he says.
Cognizant recently announced a partnership to develop Blockchain solutions for secure record-keeping of documents for Japan's Mizuho Financial Group Inc. Could you share more details on what the partnership means for the company? As part of the deal with Mizuho Financial Group announced earlier this year, we will bring together our extensive financial services, consulting and digital technology expertise to design and develop a Blockchain solution for secure record-keeping of documents among Mizuho's group firms. Effectively addressing the dual mandate for clients requires partners that can combine strategy, technology and business consulting in one integrated model. Our strategy in Japan is to not just grow our business organically with MNCs (multinational companies) and local Japanese customers, but also to work closely with local partners to deepen understanding of Japanese market requirements and sharpen onsite service delivery and Japanese language capabilities.
As the average age of farmers globally creeps higher and retirement looms, Japan has a solution; robots and driverless tractors. The Group of Seven agriculture ministers began their two-day meeting in Niigata on Saturday for the first time in seven years to discuss how to meet increasing food demand as aging farmers retire without successors. With the average age of Japanese farmers now 67, agriculture minister Hiroshi Moriyama will outline his idea of replacing retiring growers with Japanese-developed autonomous tractors and backpack-carried robots. The average age of growers in developed countries is now about 60, according to the United Nations.
This logic-based direction then results in a targeted strategy for a product or brand, which is actually written out using a brush attached to a robotic arm. "AI-CD beta's creative direction will be out-of-the-box thinking, inconceivable by a human creator, which will stimulate overall creative thinking. It's designed only to provide the big initial creative direction, based on which the creative staff will come up with ideas for the commercial," Shun Matsuzaka, founder of McCann Millennials and originator of AI-CD beta, told Clios.com. Data informing creative decision will make the intangible tangible and make the decision more convincing as the logic or reason is clearer," he said.