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FUTURE TECHNOLOGY
blacksheep
post Posted: Oct 19 2018, 11:28 AM
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THE FUTURE OF EVERYTHING
How Autonomous Vehicles Will Reshape Our World

Self-driving cars are just one piece of the puzzle. Former New York City traffic commissioner Samuel I. Schwartz (aka Gridlock Sam) explains.

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Everything around us will be altered by autonomous vehicles—our roads, our warehouses and even our definition of what a car can be. Say goodbye to four wheels and a running board; the cars of the future will barely resemble the vehicles choking our cities today.

read more - https://www.wsj.com/articles/how-autonomous...orld-1539871201




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
nipper
post Posted: Sep 15 2018, 06:15 PM
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QUOTE
AI Superpowers by Kai-Fu Lee is a must-read assessment of this battlefield [with his] concept of “Four Waves” in AI development. Chinese companies are giving Silicon Valley a run for its money.

First Wave: Internet AI. These are the now-ubiquitous online “recommendation engines,” like the products Amazon says you should want, or the “suggested videos” that keep you on YouTube for hours. Those recommendations come from the data we generate with our clicks and other online activity. Lee thinks China’s data advantage gives it a slight lead over US counterparts in this segment.

Second Wave: Business AI. This is where we see computers analyzing data to make judgements once reserved for humans: loan underwriting, cancer diagnoses, and so on. AI excels in considering far-flung datapoints that a human analyst would discount or miss completely. Lee says the US has a commanding lead for now but China’s lag may actually help by letting it leapfrog over legacy technologies. The country went straight from cash to mobile payments, for instance, bypassing the clunky credit card apparatus we have difficulty abandoning.

Third Wave: Perception AI. You’ve heard about the Internet of Things. The devices around us, once connected to each other, will merge the physical and online environments into one seamless world. China has the lead in sensor technology and is already using it in factories, retailing, and law enforcement. Already they have stores where you literally scan your face to pay the bill. No card, no device, just the face that’s always with you. That’s where we are all going and China is going there first.

Fourth Wave: Autonomous AI. Machines that can both make decisions and sense the world around them will eventually operate independently. Autonomous vehicles are the most familiar example but it won’t end there. Imagine drone swarms extinguishing forest fires or painting your house. Chinese scientists are working on such things.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
joules mm1
post Posted: Sep 13 2018, 02:22 PM
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https://twitter.com/i/moments/1039952720839565313
Apple announced the first 7-nanometer chip for mobile
Technology This morning
The new A12 Bionic chip improves augmented reality experiences and will make the phone 50% faster.
forget Moore's law?




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. . . . . . . . everything has an art.....in the instance of the auction process, the only thing, needed to be listened to; price

Said 'Thanks' for this post: nipper  
 
mullokintyre
post Posted: Aug 9 2018, 12:36 PM
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Here's a bit of potential game changing technology.

the new gps

The above article is spivvy sales leader for the company XYO.

However, going beyond the sales click bait, the technology is the really interesting thing.
The tiny GPS equivalents are cheap to mass produce and can be put in just about anything (including cars, planes, bijes, computers, even in your fridge, just don't ask me why).


Mick



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sent from my Olivetti Typewriter.
 
joules mm1
post Posted: Jul 25 2018, 01:40 PM
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https://twitter.com/i/status/1021960732651470850
Reuters Top News‏Verified account @Reuters 10m10 minutes ago

A keyboard you can crumple like paper: How AI helped South Korea researchers create the bendy device



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. . . . . . . . everything has an art.....in the instance of the auction process, the only thing, needed to be listened to; price
 
blacksheep
post Posted: Jan 5 2018, 09:26 PM
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Visualizing the Massive $15.7 Trillion Impact of AI - http://www.visualcapitalist.com/economic-i...ntelligence-ai/

QUOTE
According to PwC’s most recent report on the topic, the impact of artificial intelligence (AI) will be transformative.

By 2030, AI is expected to provide a $15.7 trillion boost to GDP worldwide – the equivalent of adding 13 new Australias to the global economy.

A GEOGRAPHIC BREAKDOWN
Where will AI’s impact be most pronounced?

According to PwC, China will be the region receiving the most economic benefit ($7.0 trillion) from AI being integrated into various industries:

Region Economic Impact of AI (2030) % of Total
China $7.0 trillion 44.6%
North America $3.7 trillion 23.6%
Northern Europe $1.8 trillion 11.5%
Developed Asia $0.9 trillion 5.7%
Southern Europe $0.7 trillion 4.5%
Latin America $0.5 trillion 3.2%
Rest of World $1.2 trillion 7.6%
Total $15.7 trillion 100.0%
Further, the global growth from AI can be divided into two major areas, according to PwC: labor productivity improvements ($6.6 trillion) and increased consumer demand ($9.1 trillion).

INDUSTRIES MOST AFFECTED
But how will AI impact industries on an individual level?

For that, we turn to Accenture’s recent report, which breaks down a similar projection of $14 trillion of gross value added (GVA) by 2035, with estimates for AI’s impact on specific industries.

Industry 2035 GVA (Baseline) 2035 GVA (AI steady state)
Manufacturing $8.4 trillion $12.2 trillion
Professional Services $7.5 trillion $9.3 trillion
Wholesale & Retail $6.2 trillion $8.4 trillion
Public Services $4.0 trillion $4.9 trillion
Information & Communication $3.7 trillion $4.7 trillion
Financial Services $3.4 trillion $4.6 trillion
Construction $2.8 trillion $3.3 trillion
Transportation & Storage $2.1 trillion $2.9 trillion
Manufacturing will see nearly $4 trillion in growth from AI alone – and many other industries will undergo significant changes as well.

To learn more about other tech that will have a big impact on our future, see a Timeline of Future Technology.




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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 


Nopoo
post Posted: Dec 12 2017, 01:23 AM
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$CONE.V Cryptocurrency & Blockchain

#blockchain #ai #bitcoin #ethereum #crypto #cryptocurrencies #tokenomics #altcoins #ito #ico #coins #tokens #capvalue #digitalcurrencies #cryptomarketcap


https://web.tmxmoney.com/article.php?newsid...;qm_symbol=CONE




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Nopoo
 
blacksheep
post Posted: Dec 6 2017, 03:04 PM
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It was AI versus Warren Buffett.

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The artificial intelligence was unleashed by Winton, the London hedge fund, to test an old principle of the Berkshire Hathaway chairman: that major acquisitions usually hurt the buyers' shareholders. Researchers collected and analysed data on almost 9,000 US deals back to the 1960s.

The result? Winton says Buffett's thesis doesn't hold up – big acquisitions don't inherently destroy value.

"It prevented us from trading on a false signal and potentially losing money," said Daniel Mitchell, who runs a team of data scientists at the $US30 billion hedge fund. Buffett didn't respond to a request for comment sent to an assistant.

Bit by bit, AI is laying a claim to the future of investing after many false dawns going back decades. Giant money managers like Two Sigma and Goldman Sachs Group and smaller players like Schonfeld Strategic Advisors have adopted it as a cornerstone strategy or research tool.

From this foothold, how far will AI go?

Man Group Luke Ellis sees a slow takeover coming. The $US103.5 billion firm in London already devotes about $US13 billion to several hedge funds using machine learning. In 10 years, it will play a role in everything Man does, from executing trades to helping pick securities at the firm's discretionary unit, Ellis, the chief executive officer, said in an interview.

"If computing power and data generation keep growing at the current rate, then machine learning could be involved in 99 per cent of investment management in 25 years," Ellis said. "It will become ubiquitous in our lives. I don't think that machine learning is the answer to everything we do. It just can make us better at a lot of things that we do."

http://www.smh.com.au/business/markets-liv...205-gzzi70.html



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Dec 5 2017, 12:10 PM
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In Reply To: blacksheep's post @ Dec 4 2017, 09:49 PM

Rio Tinto aims for "intelligent" Australian iron ore mine

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SYDNEY, Dec 4 (Reuters) – Rio Tinto next year will seek board approval to develop an "intelligent" iron ore mine at a cost of $2.2 billion, fully incorporating technologies such as robotics and driverless trains and trucks on a single site, the company's head of iron ore said on Monday.

A feasibility study was underway to demonstrate the economics behind developing the Koodaideri mine in the Pilbara region of the state of Western Australia, said Chief Executive, Iron Ore Chris Salisbury.

http://www.mining.com/web/rio-tinto-aims-i...-iron-ore-mine/



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The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: Pendragon  
 
blacksheep
post Posted: Dec 4 2017, 09:49 PM
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Artificial intelligence law firm aims to roll out in remote, low socio-economic communities

QUOTE
The people of Darwin can just about take the law into their own hands, with a new legal firm going lawyer-free.

The business will use an artificial intelligence (AI) system instead, with technology its developers say will revolutionise access to legal services.

Once where a lawyer may have sat behind a desk at the law firm, is a user-friendly system called Ailira, which is short for Artificially Intelligent Legal Information Resource Assistant.


read more - http://www.abc.net.au/news/2017-11-13/arti...-darwin/9146332

The four industries making best use of artificial intelligence

Security
Finance
Marketing
Insurance
Read more: http://www.afr.com/leadership/the-four-ind...r#ixzz50I9XuYUb

What to look for when investing in Artificial Intelligence stocks
Artificial Intelligence (AI) stocks are under-valued and demand will rise as technologies such as autonomous vehicles becomes commonplace, says tech expert Marc Kennis.
https://stockhead.com.au/experts/future-aut...ai-says-expert/



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


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