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) …
Accenture has acquired a financial services firm that specializes in using artificial intelligence and robotic process automation in corporate and commercial lending, the company said Wednesday. TargetST8 Consulting, which was founded in 2013, focuses exclusively on the financial markets, serving banks and investment firms in the U.S. and Europe, Accenture said. TargetST8 provides customers with digital lending solutions that include deploying artificial intelligence and robotic process automation, according to Accenture. "TargetST8 consultants are known for their deep expertise, innovative digital solutions and outstanding project delivery--particularly in their implementation of Finastra's Loan IQ solution," said Alan McIntyre, who leads Accenture's banking practice globally. "The addition of TargetST8 will enhance our ability to help our commercial and corporate lending clients improve their processes and transform their businesses."
A push for a global agreement on autonomous weapons is stalled, much to the chagrin of advocates who believe a treaty is urgently needed. From Singapore to Israel, countries besides the United States and China are striving to play a role in the field of artificial intelligence. Fully autonomous cars are years away, but it's the automobile where artificial intelligence could have a critical role for the greatest number of people. Data and tech expects share their takes on the current A.I. revolution Artificial intelligence has its own insider jargon. Here are some crucial concepts and terms, defined and digested for the rest of us.
Driving the Audi A8 along the gorgeous Northern California coastline near Big Sur is a joy. But no matter how wonderful the car may be, it had the opportunity to be better. Instead, Audi originally announced that Traffic Jam Pilot, its level-three autonomous feature, was coming to the luxury sedan. Alas, the company had to scrap those plans. The world wasn't ready for a car that drives itself for a short period of time in select situations.
The shift of focus from'under the hood' to the'car console' has opened doors for advanced technologies such as artificial intelligence, cloud computing, big data and machine learning into the automobile world. These technologies are instrumental in bridging the gap between fiction and reality when we talk about connected and autonomous vehicles. Here's a how Microsoft (MSFT) has made inroads into the connected car space. Cognizant defines the connected car as, "a vehicle using mechatronics, telematics and artificial intelligence technologies to interact with the environment to provide greater safety, comfort, entertainment and, importantly, a'connected-life' experience." The connected car is deemed to save considerable time and resources, while making mobility more efficient, safer and enjoyable.
Mention the phrase "robot psychologist" and meme-worthy images of automatons or perhaps human-like robot hosts fictionalized by HBO's Westworld may come to mind. Yet part of what practicing psychologists do, such as administering certain types of psychological tests, assessments, and questionnaires, can be automated -- the technical capabilities exist today. And the technology is growing exponentially more sophisticated. For example, researchers at MIT have created an artificial neural network computer model that can detect depression from natural conversation . Will robot psychologists be commonplace one day?
Nearly halfway into the NFL season, the Dallas Cowboys are 3–3 and sit 20th out of 32 on ESPN's power ranking index, which gives them a less than 50–50 shot at making the playoffs. So fans of America's Team don't have a whole lot to get excited about. Unless, that is, they like riding in robot cars. Today, startup Drive.ai is launching a self-driving car service in Arlington, Texas, which sits halfway between Dallas and Fort Worth and is home to the Cowboys' AT&T Stadium. The service will run several routes in multiple parts of the city, bustling to and from big venues including that stadium, Globe Life Park (where baseball's Texas Rangers play), and the Arlington Convention Center.
We profit from it, we fear it, and we find it impossibly hard to quantify: risk. While not the sexiest of industries, insurance can be a life-saving protector, pooling everyone's premiums to safeguard against some of our greatest, most unexpected losses. One of the most profitable in the world, the insurance industry exceeded $1.2 trillion in annual revenue since 2011 in the US alone. But risk is becoming predictable. And insurance is getting disrupted fast.
What is the future of mobility? According to NAVYA, an innovative French company, it is both autonomous and electric. The benefits of such technology in terms of mobility are incredible. Whilst using electric propulsion reduces CO2 emissions, autonomous driving should reduce traffic congestion and could also be an innovative way to have more efficient public transportation. It is quite a busy moment for NAVYA, who became listed on the stock market last summer.
Concept cars look beautiful and futuristic, but why do manufacturers spend millions developing them if they're never going to make it into production? Take, for example, the DS X e-tense, a "2035 dream car" produced by the French luxury brand DS. Half open-topped sports car, half luxury saloon, its outlandish styling looks as though it has come straight from the pages of a superhero magazine. It is designed to show what the company thinks a hugely powerful, all-electric self-driving machine might actually be like. It bears little relation to anything the brand currently produces, but that is hardly the point.
Three former executives at Google, Tesla and Uber who once raced to be the first to develop self-driving cars have adopted a new strategy: Slow down. At their new company Aurora Innovation, which is developing self-driving technology for carmakers including Volkswagen and Hyundai, the rules are simple: No flashy launches, mind-blowing timelines or hyper-choreographed performances on closed tracks. "No demo candy," said Chris Urmson, a co-founder and former head of Google's self-driving car team. Aurora's long-game technique reflects a new phase for the hyped promise of computer-piloted supercars: a more subdued, more pragmatic way of addressing the tough realities of the most complicated robotic system ever built. In the wake of several high-profile crashes that dented public enthusiasm in autonomous cars, Aurora's executives are urging their own industry to face a reality check, saying lofty promises risk confusing passengers and dooming the technology before it can truly take off.