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PwC Exec: AI Offers Significant Opportunity for Companies Across All Sectors

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Artificial intelligence (AI) presents a "huge opportunity" for media, healthcare and other companies when it comes to their financial health and how "people communicate and trade with each other," according to Gary Rapsey, global assurance disruption and innovation leader at PwC UK. Major advances are being made in healthcare today, with the help of AI, he said June 7 at the H2O World Conference. "When I contrast that with company health, however … little has changed in that space in the way that company health is both diagnosed and company health cured," he said. Unlike in the world of healthcare, the best technology isn't typically being used to help companies' accountants, he told the conference. They're there to keep businesses and the market honest.


33 Industries Other Than Auto That Driverless Cars Could Turn Upside Down

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Fast food, real estate, military operations, even home improvement -- many large industries will have to shift their strategies in the wake of driverless cars. It's all but a certainty that autonomous or driverless vehicles will be widely used in the United States at some point over the next two decades. Already, over two dozen major corporates including Google, Apple and Mercedes Benz are hard at work building their own self-driving vehicles. Tesla's Model S already includes an autopilot mode where the car drives itself on highways. Car ownership and driving habits are being completely reinvented. We'll explore the growing number of mobility technologies that are set to transform the current transportation ecosystem.


Global Artificial Intelligence in Construction Market: Analysis, Strategic Assessment of Evolving Technology, Trends, Application - Press Release - Digital Journal

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Pune, India -- (SBWIRE) -- 06/19/2018 -- The Artificial Intelligence is used in the creation of construction plans. Autonomous equipment is considered as AI as it is aware of its surroundings and is capable of navigation without human input. In the planning stages, AI machinery can survey a proposed construction site and gather enough information to create 3D maps, blueprints and construction plans. This helps to save firms both time and money in the form of labor. "The reports expect the Global Artificial Intelligence (AI) in construction Market to grow from USD 407.2 million in 2018 to USD 1,831.0 million by 2023, at a Compound Annual Growth Rate (CAGR) of 35.1% during the forecast period."


7 Years After Watson, IBM's AI Turns Heads Again

International Business Times

Watson, an artificial intelligence system built by International Business Machines (NYSE:IBM), made headlines in 2011 by beating two champions on the game show Jeopardy! This initial version of Watson was built for answering Jeopardy!-style questions, backed by a vast database of information. Since then, Watson has been adapted to a wide variety of business applications, in industries such as healthcare and financial services. This article originally appeared in the Motley Fool. Soon after Watson's debut, IBM began work on another AI project.


Google's AI can predict when a patient will die

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AI knows when you're going to die. But unlike in sci-fi movies, that information could end up saving lives. A new paper published in Nature suggests that feeding electronic health record data to a deep learning model could substantially improve the accuracy of projected outcomes. In trials using data from two U.S. hospitals, researchers were able to show that these algorithms could predict a patient's length of stay and time of discharge, but also the time of death. The neural network described in the study uses an immense amount of data, such as a patient's vitals and medical history, to make its predictions.


Making a case for artificial intelligence in the legal profession

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Did you hear the one about the affordable yet efficient human lawyer and its robot counterpart? One is complete myth and will never happen while the other might be just around the corner thanks to artificial intelligence (AI). Everybody loves a silly lawyer joke but the joke may be on us because the lawyer or barrister is one of the professions least likely to be replaced by automation and it may also be one that will benefit most from AI and machine learning. There is an interesting website called willrobotstakemyjob.com where you can enter various jobs and see the probability that automation will, at some point in the future, render certain professions obsolete or not. This is calculated using a methodology developed by Oxford University researchers looking at the future of employment.


Top 7 Data Science Use Cases in Finance – ActiveWizards: machine learning company – Medium

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In recent years, the ability of data science and machine learning to cope with a number of principal financial tasks has become an especially important point at issue. Companies want to know more what improvements the technologies bring and how they can reshape their business strategies. To help you answer these questions, we have prepared a list of data science use cases that have the highest impact on the finance sector. They cover very diverse business aspects from data management to trading strategies, but the common thing for them is the huge prospects to enhance financial solutions. Risk management is an enormously important area for financial institutions, responsible for company's security, trustworthiness, and strategic decisions.


Tech Tracker: TGI Fridays taps AI tech to build guest engagement

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This month's Tech Tracker takes a closer look at stealth AI tech used by TGI Fridays to personalize marketing Thank God, it's AI at TGI Fridays. While most casual-dining brands are betting big on customer-facing tablet technology, TGI Fridays is investing in artificial intelligence to harvest data that will drive diner frequency. Guests of the Dallas-based chain can now use a variety of social media platforms to place an order. From that customer interaction, TGI Fridays is using AI to identify ordering patterns, and that information is used to personalize marketing. If a guest order ribs through any of the platforms, for example, that data can be used to create future invitations based on that customer's food preferences, said Sherif Mityas, Fridays chief experience officer.


Latest from the coming AI robot apocalypse: we're going to be fine

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Before you get back to constructing your underground chamber to protect humanity from the hordes of death-dealing AI robots, we have a more optimistic view of the future for you. Artificial intelligence won't lead to the demise of the human race but may in fact help us deal with the massive scaling up of communication that the internet has made possible and – gasp – actually help humans understand one another a little better. Speaking at the Intel Capital conference in Palm Desert last week, three AI experts took an altogether more pragmatic and positive view of where we are going. "An artificial intelligence machine won't want to become a person," argued Reza Zadeh, the CEO of Matroid. "It will be content to serve customers."


Amazon Prime Day 2018: Here's The Information You Need To Know

Forbes Technology

Amazon Prime members can once again look forward to getting steep discounts gadgets, things for your home, travel gear, and more. While Amazon's Prime Day is not as big as Black Friday (yet), at least you don't have to endure the psychological trauma of being pushed around in large crowds and waiting in long lines out the door at brick and mortar shops. And an added benefit -- without major gift giving holidays coming up, as Amazon puts it, this is a day to focus on yourself. Prime Day is a time Amazon Prime members can enjoy lightning deals, price cuts, and promotions. Though the exact date hasn't been announced yet, it has taken place every year in July.