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Redefining banking through AI and big data - Banking.com

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The most useful in the financial sector will be natural language processing for answering customers' questions, machine learning for processing back-office operations, replacing humans especially in tedious, repetitive tasks and expert systems with predictive power, able to trade stocks automatically. The natural language processing system is handling over 30,000 conversations per month, satisfying over 75% of the bank's clients, who prefer to deal with transactions in the app or online. The innovation consists of replacing statistical models with cognitive, predictive models, to fight crime in the early stages or even before it happens, by tracking account activity. There is still room for improvement regarding predictive modeling, fraud detection and prevention, as well as automated financial advice.


Mayweather will beat McGregor, neuroscience predicts

Daily Mail

In Las Vegas, on August 26, the unbeaten American boxer Floyd Mayweather Jr and Irishman Conor McGregor will face off in a boxing ring, where only striking with hands while standing is allowed. McGregor isn't a boxer, but he holds the lightweight and welterweight titles in mixed martial arts (MMA), an emerging combat sport where striking and grappling with both hands and legs is allowed, both while standing and on the ground. But scientific evidence from the neuroscience of expertise, an emerging field investigating the brain functioning of experts, warns against betting on an MMA fighter – even one as skilled as McGregor –beating a boxer in a boxing match. Mayweather Jr (pictured) may be 40, and McGregor is not only 11 years his junior but also possibly faster and stronger; but everything we know about the way experts' brains work tells us that the smart money is on Mayweather Jr recording a convincing win The positioning and movements of feet, knees, shoulders and the serving hand in tennis give away clues about the direction and power of a tennis serve.


Artificial Intelligence In Education: Don't Ignore It, Harness It!

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For instance, Content Technologies Inc., a U.S.-based artificial intelligence research and development company is leveraging deep learning to deliver customized books. The company launched Cram101 and JustFact101 to turn decades-old text books into smart and relevant learning guides, making study time efficient. The feedback helps teachers determine exact learning needs and skills gap of each student and provide supplemental guidance. "Innovations that commoditize some elements of teacher expertise also supply the tools to raise the effectiveness of both non-experts and expert teachers to new heights and to adapt to the new priorities of a 21st-century work force and education system", writes Arnett in his report Teaching in the Machine Age In this report, Arnett also elaborates AI's potential to recognize and develop high-potential prospective teachers.


Custom robots in a matter of minutes

MIT News

In a new paper, they present a system called "Interactive Robogami" that lets you design a robot in minutes, and then 3-D print and assemble it in as little as four hours. Despite these developments, current design tools still have space and motion limitations, and there's a steep learning curve to understanding the various nuances. "3-D printing lets you print complex, rigid structures, while 2-D fabrication gives you lightweight but strong structures that can be produced quickly," Sung says. "By 3-D printing 2-D patterns, we can leverage these advantages to develop strong, complex designs with lightweight materials."


Elon Musk And Over 100 AI Experts Are Urging The UN to Ban Killer Robots

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Elon Musk and more than 100 leaders and experts in artificial intelligence (AI) have come together urging the UN to commit to an outright ban on killer robot technology. An open letter signed by Musk, Google Deepmind's Mustafa Suleyman, and 114 other AI and robotics specialists urges the UN to prevent "the third revolution in warfare" by banning the development of all lethal autonomous weapon systems. But despite the concerns AI experts are voicing, ongoing delays in developing an effective ban against autonomous weapons have led some to fear the dangers could be beyond regulation, especially given the rapid pace at which AI systems are developing. "We should not lose sight of the fact that, unlike other potential manifestations of AI which still remain in the realm of science fiction, autonomous weapons systems are on the cusp of development right now."


AI visionary who teaches humans to teach computers

Daily Mail

Scientist Andrew Ng, right, works with others at his office in Palo Alto, Calif. Ng, one of the world's most renowned researchers in machine learning and artificial intelligence, is facing a dilemma: there aren't enough experts trained to train the machines. He has said he sees AI changing virtually every industry, and any task that takes less than a second of thought will eventually be done by machines. Andrew Ng poses at his office in Palo Alto, Calif. Ng, one of the world's most renowned researchers in machine learning and artificial intelligence, is facing a dilemma: there aren't enough experts trained to train the machines. More recently, he left his high-profile job at Baidu to launch deeplearning.ai Every time he's started something big, whether it's Coursera, the Google Brain deep learning unit, or Baidu's AI lab, he has left once he felt the teams he has built can carry on without him.


Killer Robots Could Change Warfare More Than Gunpowder, Nuclear Arms, Experts Warn

International Business Times

A coordinated international coalition of non-governmental organizations dedicated to bringing about a preemptive ban of fully autonomous weaponry -- The Campaign to Stop Killer Robots -- was started in April 2013. A breakthrough was reached in 2016 when the fifth review conference of the United Nations Convention on Conventional Weapons (CCW) saw countries hold formal talks to expand their deliberations on fully autonomous weapons. The conference also saw the establishment of a Group of Governmental Experts (GGE) chaired by India's ambassador to the U.N., Amandeep Gill. According to Human Rights Watch, over a dozen countries are developing autonomous weapon systems.


Regression Machine Learning with R - Udemy

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It explores main concepts from basic to expert level which can help you achieve better grades, develop your academic career, apply your knowledge at work or make business forecasting related decisions. It is also essential for academic careers in data mining, applied statistical learning or artificial intelligence. It's designed for all regression machine learning knowledge levels and a basic understanding of R statistical software is useful but not required. Next, you'll calculate similarity methods such as k nearest neighbors' regression and increase their forecasting accurateness by selecting optimal number of nearest neighbors.


Killer robots: Experts warn of 'third revolution in warfare' - BBC News

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In a letter to the organisation, artificial intelligence (AI) leaders, including billionaire Elon Musk, warn of "a third revolution in warfare". The letter says "lethal autonomous" technology is a "Pandora's box", adding that time is of the essence. Along with Tesla co-founder and chief executive Mr Musk, the technology leaders include Mustafa Suleyman, Google's DeepMind co-founder. A potential ban on the development of "killer robot" technology has previously been discussed by UN committees.


Elon Musk calls on UN to ban AI 'killer robots' in open letter

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In an open letter published today (August 21), a group of AI specialists and experts from 26 countries implored the United Nations (UN) to ban the development and use of autonomous weapons. The signatories called for autonomous weapons systems to be included in the banned weapons list, under the UN's Convention on Certain Conventional Weapons, which was enforced in 1983. A similar letter published by the Future of Life Institute on July 28 2015 flagged the dangers of a potential "AI arms race", and was signed by Musk, Stephen Hawking and Apple co-founder Steve Wozniak. The UN group that will be examining how to regulate autonomous weapons is set to meet in November of this year.