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Chinese robot maker CloudMinds creates robots based on cloud intelligence

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cloud-computing

Company backed by SoftBank says it has switched from artificial intelligence to cloud intelligence

A Chinese company called CloudMinds says it has created what it says is a “cloud intelligence ecosystem” for robotics. 

CloudMinds specialises in the research, development and manufacturing of cloud intelligence-based applications.

It has several investors, including SoftBank Group, the Japanese multinational telecommunications and Internet firm.  [Read more…] about Chinese robot maker CloudMinds creates robots based on cloud intelligence

ZF unveils AI driving system which could be used for forklift trucks, while Toyota adopts the fuel cell

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toyota fuel cell forklift truck

ZF teams up with Nvidia on artificial intelligence system for autonomous cars, trucks and industrial applications

ZF says its ProAI system for automated driving is built on high-performance Nvidia Drive PX 2 AI computing platform, and will enable vehicles to “see, think, and act”. 

ZF is one of the world’s largest automotive suppliers and a global leader in active and passive safety technology, and has been working with Nvidia to develop artificial intelligence systems for the transportation industry for some time.

The two companies are looking at various sectors, including:

  • automated and autonomous driving systems for passenger cars;
  • commercial trucks; and
  • industrial applications.

The ZF ProAI for highway automated driving is ZF’s first system developed using Nvidia AI technology.  [Read more…] about ZF unveils AI driving system which could be used for forklift trucks, while Toyota adopts the fuel cell

Artificial intelligence driving revenue growth, says Infosys

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US Secretary of State John Kerry in Davos
US Secretary of State John Kerry at a previous World Economic Forum meeting in Davos

In a report specially prepared for the World Economic Forum meeting of world leaders from business and politics at Davos, Switzerland, Infosys says businesses and economies which adopt artificial intelligence are seeing dramatic growth. 

The IT consulting giant says companies and countries which embrace AI can expect to see revenue rise around 40 per cent by 2020.

Infosys adds that 80 per cent of AI adopters who can replace workers with computer systems are actually planning to retain and retrain their staff.  [Read more…] about Artificial intelligence driving revenue growth, says Infosys

Artificial intelligence takes centre stage at World Economic Forum

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Sergey Brin, co-founder of Google, at Davos 2017
Sergey Brin, co-founder of Google, at Davos 2017

In a number of talks and statements at this year’s World Economic Forum, held in Davos, Switzerland, artificial intelligence has been taking centre stage, with many saying that while no one really knows the limit of the technology, it has already had profound effects on business and society.

One of Google’s original founders, Sergey Brin, said he looked at AI a few years back, and didn’t really know AI would develop to the extent it has done.

“I didn’t pay attention to it at all, to be perfectly honest,” he said in a discussion at WEF. “Having been trained as a computer scientist in the 90s, everybody knew that AI didn’t work. People tried it, they tried neural nets and none of it worked.”  [Read more…] about Artificial intelligence takes centre stage at World Economic Forum

Obama warns of divisiveness of automation technology

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In his farewell address to the nation, US President Barack Obama warned of the dangers of automation technology. 

Obama said: “The next wave of economic dislocations won’t come from overseas. It will come from the relentless pace of automation that makes a lot of good, middle-class jobs obsolete.”

The Obama administration has been looking the whole issue of robotics, automation and artificial intelligence, and consulting on the possible impact of those technologies on the US economy.  [Read more…] about Obama warns of divisiveness of automation technology

China tech leaders claim 90 per cent of jobs could be replaced by AI

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cite image
The human-robot joint press conference held by Cite

Tech leaders in China believe 90 per cent of jobs in some sectors of the economy could be replaced with artificial intelligence systems. 

Speaking at a press conference ahead of the China Information Technology Expo, the experts said AI will be the main theme of this year’s event.

Cite 2017 will be held from April 9 to 11, 2017. Organisers held a press conference in Las Vegas, Nevada recently, at which they showcased the rising Chinese firms that will “lead the way” in the fields of AI, virtual reality and intelligent robots, the three themes that they expect will generate the most buzz at this year’s exhibition.  [Read more…] about China tech leaders claim 90 per cent of jobs could be replaced by AI

Toyota shows off futuristic Concept-i vehicle featuring AI that learns from driver

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toyota concept-i
The Toyota Concept-i features AI which anticipates the driver’s needs, says the company

Toyota has demonstrated a concept vehicle which features artificial intelligence that “grows with the driver”. 

The appropriately named Concept-i is said to offer an “immersive” AI system which anticipates drivers’ requirements and “inspires their imaginations and improves their lives”.

The AI system is nicknamed “Yui” and is likely to feature in Toyota’s other cars going forward.  [Read more…] about Toyota shows off futuristic Concept-i vehicle featuring AI that learns from driver

Artificial intelligence is better than humans, says IBM

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Rashik Parmar, lead IBM cloud advisor, Europe
Rashik Parmar, lead IBM cloud advisor, Europe

IBM prefers artificial intelligence to humans, according to an interview published on em360tech.com, in which one of the company’s most senior executives says humans can’t see what’s right in front their faces while AI sees everything, as well as things that aren’t even there. 

Rashik Parmar, IBM’s lead cloud advisor for Europe and one of the Watson team, says algorithms are smarter than humans will ever be, and that AI can spot patterns in large-scale enterprise architecture that human beings cannot.

AI can “make connections that you wouldn’t be able to make yourself”, claims computer fanatic Parmar.

Full story at em360tech.com

Artificial intelligence systems replacing finance sector professionals

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ibm brain chip
IBM has developed what it says is a ‘brain-inspired’ chip

More and more people are realising that it’s not just factory jobs the robots are after – it’s your intellectual jobs too. 

In the latest developments, an insurance company in Japan has replaced 34 of its insurance claim workers with artificial intelligence systems.

And the world’s largest hedge fund says it will replace all its managers with AI systems – after it drains the brains of its human employees and distills their knowledge into an algorithm.

Full story at em360tech.com

Mercedes research boss prioritises artificial intelligence

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Daimler – the parent company of Mercedes-Benz – is placing artificial intelligence at the centre of its plans going forward, says its head of research, Anke Kleinshmit, at the company’s Future Talk conference

How is artificial intelligence influencing tomorrow’s mobility? How can we use its ideas today? How intelligent will the car of the future be? And above all: what role will people play in this?

These were the central questions discussed by Mercedes-Benz experts at the fourth Future Talk in Berlin in dialogue with scientists, engineers and journalists. In the past few years the Mercedes-Benz Future Talk has dealt with the subjects of utopia, robotics and virtuality. This time, the focus was on the integration of artificial intelligence in the field of mobility and the interaction of humans and machines.

Already in the 1960s researchers expected a major breakthrough in the development and application of artificial intelligence, but the human world still proved too complex for digital computers. However, due to the triumph of the internet, the mass of data that has become available with this and the huge increase in computing power of today’s computers, artificial intelligence is now entering people’s lives and also offers big opportunities and potential for the future of the automobile.  [Read more…] about Mercedes research boss prioritises artificial intelligence