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AI will 'exacerbate' wealth inequality and help ultra-rich: Ex-Google exec

#artificialintelligence

A dress worn this week by Democratic Congresswoman Alexandria Ocasio-Cortez (D-NY), which bore the message "tax the rich," set off a wave of debate over how best to address wealth inequality, as Congress weighs a $3.5 trillion spending bill that includes tax hikes on corporations and high-earning individuals. The debate coincides with the ongoing pandemic in which billionaires, many of whom are tech company founders, have added $1.8 trillion in wealth while consumers have come to depend increasingly on services like e-commerce and teleconference, according to a report released last month by the Institute for Policy Studies. In a new interview, artificial intelligence expert Kai Fu-Lee -- who worked as an executive at Google (GOOG, GOOGL), Apple (AAPL), and Microsoft (MSFT) -- attributed the rise of wealth inequality in part to the tech boom in recent decades, predicting that the trend will worsen in coming years with the continued emergence of AI. "We can just already see all the internet companies," says Lee, the co-author of a new book entitled "AI 2041: Ten Visions for Our Future." "Without AI, they probably would be only worth half of what they're worth, because AI helped them monetize." "When it's simultaneously making a small number of people ultra-rich and making many people jobless," he says.


OpenAI's CLIP is the most important advancement in computer vision this year

#artificialintelligence

CLIP is a gigantic leap forward, bringing many of the recent developments from the realm of natural language processing into the mainstream of computer vision: unsupervised learning, transformers, and multimodality to name a few. The burst of innovation it has inspired shows its versatility. And this is likely just the beginning. There has been scuttlebutt recently about the coming age of "foundation models" in artificial intelligence that will underpin the state of the art across many different problems in AI; I think CLIP is going to turn out to be the bedrock model for computer vision. In this post, we aim to catalog the continually expanding use-cases for CLIP; we will update it periodically.


How Companies Are Using Artificial Intelligence? - AWPLife Blog

#artificialintelligence

Take a look at how AI companies are implementing AI. By automating procedures and operations that formerly required human intervention, Artificial Intelligence (AI) is increasing company efficiency and production. AI is also capable of comprehending data at a level that no human has ever achieved. This skill has the potential to be extremely useful in the workplace. AI has the potential to enhance every function, business, and industry.


Apple taps more drivers to test self-driving cars in California

#artificialintelligence

Apple is continuing efforts to advance internal self-driving car technology, with the iPhone maker recently registering more drivers to pilot technology test beds on California roads. In early August, Apple's autonomous vehicle program consisted of 69 test vehicles and 92 pilots, according to filings with California's Department of Motor Vehicles. The number of testbeds has not increased as of Sept. 10, but Apple is now permitted to field 114 registered drivers. As noted by macReports, the increase does not match a peak of 154 driver permits reached in October 2020. It does appear, however, that the tech giant is slowly rebuilding its ranks after nearly halving the number of licensed drivers attached to the program earlier this year.


Warner Bros.' Dune vs. Apple's Foundation: An epic clash of content distribution

ZDNet

This afternoon, for the technology industry, all eyes will be on Apple's "California Streaming" virtual event, during which this year's models of iPhones -- and possibly iPads -- are set to be unveiled to an awaiting public. The new smartphones and tablets are destined to be big hits -- they have been, consistently, year after year, even with minor iterative improvements. But Apple's biggest news of 2021 won't be the iPhone 13. In terms of new market penetration and risk potential, the big news will be the results of Apple's $1 billion investment in streaming media content for its Apple TV Plus service, which they announced in 2019. A big chunk of that billion-dollar commitment will be their adaptation of Foundation, the first of three volumes in a series of classic Isaac Asimov science-fiction novels published in the early 1950s.


How to watch Apple's fall event

Mashable

Tuesday is the big day for Apple fans. The newest iPhone is expected to be revealed, along with an updated Apple Watch and maybe something more for AirPods during the "California streaming" event. The virtual event will be streamed live from Apple Park headquarters in Cupertino, California, at 10 a.m. Because of the pandemic, it'll once again be an audience-free affair. If you're eager to learn more about the iPhone 13 when the info first drops, you have a few options to tune in live.


WhatsApp is working on transcription feature for voice messages but the calls will be sent to Apple

Daily Mail - Science & tech

WhatsApp is working on a feature that will provide written transcriptions of incoming voice messages. WABetaInfo posted screenshots of the alleged Transcribe feature, which includes disclaimers it is optional and users have to give permission for the app to access their phone's speech recognition software. The new feature raises questions about privacy, as calls will be sent to Apple for transcription and to help Apple'improve its speech recognition technology.' WhatsApp says the calls will remain protected by end-to-end encryption because they'won't be directly linked to your identity'. Previously, WhatsApp users had to rely on third-party apps to get transcriptions. The WhatsApp info site WABetaInfo shares images of a new voice message transcription feature coming to the popular messaging app.


Apple still reliant on one core product as it nudges $3tn hurdle

The Guardian

If Apple is to become the world's first three-trillion-dollar company, the iPhone will play a key role in that feat. The tech firm unveils the latest iteration of its signature product on Tuesday, and the success of the iPhone 13 will determine how quickly Apple goes from its current market capitalisation of just under $2.5tn (£1.8tn) to $3tn. "We believe Apple is on a trajectory to hit $3tn by early 2022 and the iPhone 13 will be a lynchpin of growth," says Dan Ives of investment firm Wedbush Securities. He does not believe that forecast is changed by last week's ruling that the company must not block app developers from guiding users towards making payments outside the Apple app system – a blow to one of its most profitable services. But the share price could do with a bounce from the new iPhone following Friday's ruling.


Apple has reportedly appointed wearable chief Kevin Lynch to lead its car division

Engadget

Apple has reportedly appointed a new executive to lead the development of its secretive self-driving car division. According to Bloomberg, the company has tapped Kevin Lynch to oversee Project Titan following the departure of executive Doug Field, who left the iPhone maker for Ford earlier this week. The name may not be familiar, but if you've watched any Apple event in recent years, you've seen Lynch on stage. After a stint at Adobe, he joined Apple in 2013 to oversee the company's wearable and health unit and has frequently been the one to present whatever new features Apple is working on for watchOS. Bloomberg reports Lynch joined the division earlier in the year but is now overseeing the entire unit.


The Growing Importance of Data and AI Literacy – Part 1

#artificialintelligence

This is the first part of a 2-part series on the growing importance of teaching Data and AI literacy to our students. This will be included in a module I am teaching at Menlo College but wanted to share the blog to help validate the content before presenting to my students. Apple plans to introduce new iPhone software that uses artificial intelligence (AI) to churn through the vast collection of photos that people have taken with their iPhones to detect and report child sexual abuse. See the Wall Street article "Apple Plans to Have iPhones Detect Child Pornography, Fueling Priva..." for more details on Apple's plan. Apple has a strong history of working to protect its customers' privacy.