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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

AImotive launches self-driving automotive technology powered by artificial intelligence

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aimotive

AImotive – formerly known as AdasWorks – claims to be the first to enable an artificial intelligence ecosystem for autonomous driving regardless of location, driving style or driving conditions

AImotive has launched what it says is a “full stack technology solution and the most powerful artificial intelligence software” for the automotive industry, designed to provide self-driving vehicles better safety, improved comfort and increased productivity. 

AImotive used to be called AdasWorks, and the new name reflects the broader vision to “bring global accessibility to self-driving vehicles, faster and safer than any other company in the world”.

The AImotive product suite delivers the robust technology required to operate self-driving vehicles in all conditions, and adapts in real-time to different driving styles and cultures, says the company.  [Read more…] about AImotive launches self-driving automotive technology powered by artificial intelligence

AI knew Trump would win

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Artificial intelligence systems can predict election results better than traditional pollsters, according to a report on em360tech.com. 

Artificial intelligence systems predicted a win for Donald Trump, of the Republican Party, over Hillary Clinton, of the Democrats, in the US presidential elections held yesterday.

Most traditional opinion pollsters rely on directly asking people about their voting intentions and behaviour.  [Read more…] about AI knew Trump would win