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) …
President Donald Trump released a splashy new plan for American artificial intelligence last week. High on enthusiasm, low on details, its goal is to ramp up the rate of progress in AI research so the United States won't get outpaced by countries like China. Experts had been warning for months that under Trump, the US hasn't been doing enough to maintain its competitive edge. Now, it seems, Trump has finally got the memo. His executive order, signed February 11, promises to "drive technological breakthroughs ... in order to promote scientific discovery, economic competitiveness, and national security."
On the heels of President Trump's State of the Union address making a case for increased border security and other initiatives, federal agencies have been moving quickly on artificial intelligence, Internet of Things and robocall spoofing. Meanwhile, the EU and Japan have entered into an agreement on cross-border data flows, and India is taking action on investment in e-commerce. Want our Strategic Policy Advisory team to take a look at other topics? Let us know in the comments! Earlier this week, President Trump signed the American AI Initiative, an Executive Order directing federal agencies to develop new AI R&D budgets, share resources with academia and industry, create educational programs to improve the AI talent pipeline, and develop regulatory guidances for AI implementation that balance innovation with civil liberties.
The recruitment market is big business -- worth some $554 billion annually according to the most recent report from the World Employment Confederation. In the tech world, that translates into a big opportunity to build tools to make a recruiter's work easier, faster and more likely of success in finding the right people for the job. Now Google is stepping up its own efforts in the space: today it is expanding Hire, its G Suite-based recruitment management platform, to the UK and Canada, its first international markets outside the US. Google is a somewhat late entrant into the market, launching Hire only in 2017 with the basic ability to use apps like Gmail, Calendar, Spreadsheets and Google Voice to help people manage and track candidates through the recruiting process and doing so by integrating with third-party job boards. In the interim, it has supercharged the service with bells and whistles that draw on the company's formidable IP in areas like AI and search.
The past five years have been marked by tremendous growth in the autonomous vehicle industry. While many jurisdictions continue to jostle for leadership in the space, an even greater number of original equipment manufacturers, technology companies and start-ups are fast-tracking new Connected and Autonomous Vehicle (CAV) technology with an eye to the huge profits to be made. Moving forward, legislators will be tasked with balancing several competing needs: protecting the public, safeguarding data and privacy, ensuring safety standards and creating regulatory certainty, while leaving room for innovation in this highly competitive industry. Following the 2018 introduction of testing guidelines from Transport Canada and the Canadian Council of Motor Transport Administrators, a new and robust regulatory framework will assist in the safe development and deployment of CAVs on Canadian roads. In Ontario, as of January 1, 2019, the ban on operating CAVs in Ontario has been lifted in respect of vehicles equipped with SAE Level 3 automation.
The United States is engaged in an increasingly bitter trade war with China. And while American companies like Google and Amazon are now leaders in A.I., experts in the field are concerned that China could surpass the United States in the development of technologies that will power surveillance systems and autonomous weapons as well as driverless cars and a wide range of internet services. In July 2017, Chinese unveiled a plan to become the world leader in A.I., aiming to create an industry worth $150 billion to its economy by 2030, and two Chinese cities promised to invest $7 billion in the effort. Other governments, too, began making large investments, including South Korea, Britain, France and Canada. In the United States, the Defense Department has accelerated efforts to embrace A.I., shifting $75 million of its annual budget to a new office that will develop these technologies.
According to several outlets briefed over the weekend on the White House's plans, President Trump will today sign an executive order establishing a program -- the American AI Initiative -- that'll task federal agencies with devoting more resources to artificial intelligence (AI) research, training, and promotion. It comes after President Trump promised "investments in the cutting-edge industries of the future" during his State of the Union speech last week, and after companies like Amazon, Microsoft, and Google called for guidelines governing the use and development of AI technologies such as facial recognition. "AI is something that touches every aspect of people's lives," a White House official told Reuters. "What this initiative attempts to do is to bring all those together under one umbrella and show the promise of this technology for the American people." There isn't any funding attached to the executive order, which follows the Trump Administration's AI summit on the role of AI in May 2018.
The United States is engaged in an increasingly bitter trade war with China. And while American companies like Google and Amazon are now leaders in the field, A.I. experts are concerned that China could surpass the United States in the development of technologies that will power surveillance systems and autonomous weapons as well as driverless cars and a wide range of internet services. In July 2017, Chinese unveiled a plan to become the world leader in A.I., aiming to create an industry worth $150 billion to its economy by 2030, and two Chinese cities promised to invest $7 billion in the effort. Other governments, too, began making large investments, including South Korea, Britain, France and Canada. In the United States, the Defense Department has accelerated efforts to embrace A.I., shifting $75 million of its annual budget to a new office that will develop these technologies.
Artificial intelligence (AI) is transforming industries, opening up more opportunities for businesses and helping to build a stronger, more innovative Canadian economy. Today, the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a FedDev Ontario contribution of up to $882,000 for Daisy Intelligence, an information technology company that uses a cloud-based AI platform, comprised of proprietary algorithms and theories that enhance its approach to machine learning. The model is capable of analyzing large amounts of data to support strategic business decisions such as product mix selection in the retail industry and identification of fraudulent claims in the insurance industry. The company's software-as-a-service platform is generating interest from some of North America's leaders in the retail and insurance industries, and to stay competitive, Daisy Intelligence must continue to innovate and grow. FedDev Ontario's contribution is helping Daisy Intelligence to scale up and increase its presence in both Canada and the United States.
TheAppLabb team is excited to announce that we have been selected as one of several leaders in Canada for Clutch's competitive development category, specifically as a one of the top artificial intelligence companies! You can see in the Leaders Matrix below that our company has been ranked # 3 out of more than 60 firms featured! Each company featured in a Leaders Matrix is evaluated based on client reviews, past work, market presence, and specialization in a given service. Clutch is a B2B platform that publishes verified client reviews to match business service providers with buyers. Its mission is to make this process more transparent and efficient.
Integrate.ai has raised undisclosed financing from Telus Ventures, the strategic investment arm of Canadian telecommunications company Telus Corp (TSX: T, NYSE: TU). The funds raised will support development of the Toronto-based company's artificial intelligence (AI) enterprise software platform. Launched in 2017 by CEO Steve Irvine, Integrate.ai in September closed a $39.5 million Series A financing. The round was led by Portag3 Ventures and joined by Georgian Partners and Real Ventures. Deal to accelerate development of ethical AI-powered software platform; multi-year commercial deal will deploy solution to optimize TELUS' customers' experience TORONTO, Jan. 31, 2019 /CNW/ – Integrate.ai