Japan's top bank CEOs push for AI, soothing worry over human work Japan's top financial leaders are working to ease fears that AI will cost jobs, emphasizing its role in boosting efficiency and transforming work. The heads of Japan's biggest financial firms are going out of their way to assuage worries that artificial intelligence will take away jobs. I don't think humans will lose their value. Humans have ability for dialogue, empathy, creativity and ethics," Mizuho Chief Executive Officer Masahiro Kihara said on Thursday at an event hosted by the Nikkei. People might say, 'what about my job if we use more AI?' I think they can aim for more value-added work."

Three RIKEN theoretical physicists have used neural networks to investigate the way atoms and electrons interact with each other at finite temperatures. This knowledge will help inform the development of future quantum technologies for advanced computation. Many of a material's properties, both conventional and exotic, originate from atoms and electrons interacting with each other according to the laws of quantum mechanics. Understanding these so-called quantum many-body systems is critical for predicting and controlling these properties. In addition, this knowledge will be vital for developing practically useful devices such as quantum computers.

WASHINGTON--A type of artificial intelligence called machine learning can help predict which patients will develop diabetes, according to an ENDO 2020 abstract that will be published in a special supplemental section of the Journal of the Endocrine Society. Diabetes is linked to increased risks of severe health problems, including heart disease and cancer. Preventing diabetes is essential to reduce the risk of illness and death. "Currently we do not have sufficient methods for predicting which generally healthy individuals will develop diabetes," said lead author Akihiro Nomura, M.D., Ph.D., of the Kanazawa University Graduate School of Medical Sciences in Kanazawa, Japan. The researchers investigated the use of a type of artificial intelligence called machine learning in diagnosing diabetes.

Hideki Nagafuji, a 42-year-old former Osaka Prefectural Assembly member, defeated two other contenders. Voter turnout stood at 40.83 percent. The regional party's so-called Osaka metropolis plan calls for reorganizing the prefectural capital of Osaka into special wards. In April, the party won the Osaka prefectural and mayoral elections. Nagafuji collected 137,862 votes, against 123,771 votes garnered by Tomoaki Nomura, 45, a former Sakai Municipal Assembly member, and 14,110 votes by Takashi Tachibana, 51, a former assembly member for Katsushika Ward, Tokyo.

A new episode of Charlie Brooker's Black Mirror debuted on Netflix just before the new year. Unlike most previous examples, Bandersnatch is not a cautionary tale of how current technologies might evolve to further ruin our hearts, minds and communities. It is, rather, a period piece set in early-1980s Britain, when young video-game programmers were becoming millionaires selling their games in WH Smith. Unlike all previous Black Mirror episodes, Bandersnatch is a nonlinear film that allows the viewer to steer the plot using simple A/B choices at key moments in the drama. Like the Choose Your Own Adventure books of the period, these choices range from the mundane ("which cereal would you like for breakfast?") to the life-imperilling, and each path winds to one of a number of possible endings.

Game enthusiasts who are interested in "Kingdom Hearts III" but haven't had the chance to play any of the franchise's previous installments don't need to worry about getting lost in the upcoming game. Square Enix has decided to include a detailed video summary in the new game, so first-time players can catch up on what happened in the series thus far before they officially start playing the game. Twitter user DKHF (@DKHF4), who religiously follows updates about the game, recently shared that "Kingdom Hearts III" will come with a video recapping the "Kingdom Hearts" series and it will be a few hours long because of the density of the story. DKHF also made a follow-up, saying the summary video will be divided into five videos or episodes. DKHF got his information from a preview of game director and creator Tetsuya Nomura's interview with Japanese video game magazine Famitsu.

Johnny come... just in time There's no first mover advantage according to Nomura -- but equally no one wants to miss the boat, Mohideen said. It is also hard to dodge the hundreds of calls from fintechs promising to revolutionise banking through AI; Mohideen estimates he has fielded 400 in the last two years. Research in banks' innovation labs comes in many forms and one of the exercises Nomura is carrying out will set "certain standards" with the fintech firm to "use these tools", Mohideen said. He means both "sorting the wheat from the chaff" and "agreeing the rules of the game", which is a very useful thing to do. Get it right and the benefits could be huge: predictive analytics for both trading and sales could help the bank better understand its clients.

Mitsubishi UFJ Financial Group (MUFG)'s subsidiary Japan Digital Design (JDD) has formed an alliance with ExaWizards for artificial intelligence (AI) developments in the financial sector. Through this alliance, JDD and ExaWizards plan to conduct development studies of online finance products and HR tech services that support personnel management in the industry. MUFG says: "As Japan's labour force declines and employees become increasingly international and diverse, the two companies will pursue development studies of services that offer AI-based support for personnel matters that are key to corporate competitiveness, such as skills development and hiring." It adds that the companies will develop HR tech services specialised for financial services using video and voice analysis technology. This includes features such as the use of video to allow AI to learn the tacit knowledge and "know-how of high performers and transfer it to all employees".

Sophia, a robot integrating the latest technologies and artificial intelligence developed by Hanson Robotics is pictured during a presentation at the "AI for Good" Global Summit at the International Telecommunication Union (ITU) in Geneva, Switzerland June 7, 2017. LONDON -- Banks are getting excited about the potential of artificial intelligence in finance, with hopes that AI could both cut costs and boost revenues. Artificial intelligence has advanced in recent years and financial services companies are now looking at its potential applications in both investment banking and retail banking. Advocates tout AIs potential in everything from bond markets to savings accounts. "Based on our UBS Evidence Lab survey of 86 banks, an optimal scenario of limited disruption suggests AI technology could potentially lead to a 3.4% revenue uplift and cost savings of 3.9% over the next three years," UBS strategist Philip Finch wrote a recent note titled "Is AI the next revolution in retail banking?" "I think the future of financial services is AI," Barnaby Hussey-Yeo told Business Insider. Hussey-Yeo is the CEO and founder of Cleo, a "chatbot" app that uses artificial intelligence to give people advice on how to optimise their finances.

Yoshinori Nomura felt like weeping. It was the morning of June 24, Brexit day, and markets were moving against him. It was the hedge fund manager's self-learning computer program that had placed the bet, selling Japanese stock-index futures before a sizable market advance. Nomura had anticipated a rally, but decided not to interfere, and his fund was paying the price. Then, in an instant, everything changed.