Is Artificial Intelligence the Next Dot-Com Bubble?

Is #ArtificialIntelligence the Next Dot-Com Bubble? 

 #fintech #VC #AI @nanalyzetweets

  • We’ll stick to playing rock-paper-scissors with AI, but all of this is leading to some serious visibility for AI as an emerging technology – which as investors make us want to get some skin in the game.
  • The recent news that artificial intelligence (AI) startup Afiniti may have confidentially filed for IPO was the first time that we started to feel like this thing might be revving up for real now.
  • It wasn’t just because this would be the first pure-play AI startup to see an IPO, it was because we really couldn’t believe how effective Afiniti’s technology was in adding value.
  • Secondly we’re also seeing a very large number of AI startups getting into the game (over 1,500) which is the same sort of pile-on mentality we saw in the dot-com era.
  • Now you just add a tagline to that same website that says “powered by AI” and now you’re an “AI company”.

If you’ve played Texas Hold’em, then you know how tough it is to be a good poker player. Lots of venture capitalists like to play poker, so it wasn’t surprising to see one who thought to himself “let’s see how good artificial intelligence (AI) really is“. He consulted a team of engineers and computer scientists to see where they might be able to exploit the AI agent named Lengpudashi. They then played 36,000 hands over 5 days and the AI agent kicked the isht out of them. We’ll stick to playing rock-paper-scissors with AI, but all of this is leading to some serious visibility for AI as an emerging technology – which as investors make us want to get some skin in the game. The problem is, there aren’t many ways to do that yet.
Continue reading “Is Artificial Intelligence the Next Dot-Com Bubble?”

Elon Musk: Humans Need to Merge With Machines to Remain Relevant

Elon Musk says humans need to merge with machines to remain relevant

  • Telsa and SpaceX founder Elon Musk has a suggestion for humans who want to stay relevant in a future of artificial intelligence: merge with the machines.
  • “Over time I think we will probably see a closer merger of biological intelligence and digital intelligence,” Musk said at the World Government Summit in Dubai, according to CNBC.
  • “It’s mostly about bandwidth, the speed of the connection between your brain and the digital version of yourself, particularly output.”
  • Humans are significantly slower than computers when it comes to communication, and face becoming useless as AI grows more prominent, Musk said.
  • “Some high bandwidth interface to the brain will be something that helps achieve a symbiosis between human and machine intelligence and maybe solves the control problem and the usefulness problem,” he said.

Elon Musk has a suggestion for humans who want to stay relevant in a future of artificial intelligence: merge with the machines
Continue reading “Elon Musk: Humans Need to Merge With Machines to Remain Relevant”

Beneficial AI 2017

Beneficial #AI 2017
The artificial intelligence event
#videos

  • Grant-winner talk: Owen Cotton-Barratt (GPP) ( pdf )
  • Panel with Daniela Rus (MIT), Andrew Ng (Baidu), Mustafa Suleyman (DeepMind), Moshe Vardi (Rice) & Peter Norvig (Google): How AI is automating and augmenting work
  • Honoring the FrieNDA for the conference, we are only posting videos and slides below with approval of the speaker.
  • In our sequel to the 2015 Puerto Rico AI conference, we brought together an amazing group of AI researchers from academia and industry, and thought leaders in economics, law, ethics, and philosophy for five days dedicated to beneficial AI.
  • Panel with Anna Salamon (CFAR) & Paul Christiano (MIRI): Educating and mentoring AI safety researchers (Moderator: Andrew Critch)

In our sequel to the 2015 Puerto Rico AI conference, we brought together an amazing group of AI researchers from academia and industry, and thought leaders in economics, law, ethics, and philosophy for five days dedicated to beneficial AI. We hosted a two-day workshop for our grant recipients to give them an opportunity to highlight and discuss the progress with their grants. We followed that with a 2.5-day conference, in which people from various AI-related fields hashed out opportunities and challenges related to the future of AI and steps we can take to ensure that the technology is beneficial. Honoring the FrieNDA for the conference, we are only posting videos and slides below with approval of the speaker. Learn more about the Asilomar AI Principles that resulted from the conference and the process involved in developing them. (It looks like we’ll be posting almost everything, but please be patient while we finish editing and uploading videos, etc.)
Continue reading “Beneficial AI 2017”

Tesla Inc’s First Autonomous Trucking Fleet Could Create the Most Important Supply Line in America by 2020 – Autconomy

Tesla Autonomous Trucking Fleet Could Create the Most Important Supply Line in America  #AI

  • The batteries, which are manufactured from lithium, will come from Tesla’s Gigafactory.
  • Despite not being fully operational until 2020, the Gigafactory’s insatiable hunger for raw material has forced Tesla to make a deal with the state of Nevada to reroute Interstate 80 and Interstate 50 , in order to shave a few miles off of the lithium highway.
  • In order to do that they have introduced: Tesla Semi, a heavy duty autonomous cargo truck, currently in development.
  • With production planned for around the time the Gigafactory goes fully online, the Tesla Semi may be the only way to sustain its magnitude of production. “
  • We believe the Tesla Semi will deliver a substantial reduction in the cost of cargo transport” said Elon Musk.

Elon Musk’s plan for the future of energy will require almost half of the world’s supply of Lithium; sustaining that may require the world’s first autonomous trucking fleet to link the Tesla(TSLA) Gigafactory with Albermarle’s(ALB) Chemetall-Foote Lithium Plant, the largest lithium producer in North America. Tesla’s grand plan for an energy revolution is predicated on high…
Continue reading “Tesla Inc’s First Autonomous Trucking Fleet Could Create the Most Important Supply Line in America by 2020 – Autconomy”

How Self-Driving Cars Work

How Self-Driving Cars Work #fintech #selfdriving #insurtech #AutonomousVehicles #AI

  • Measure the distance from the car to various obstacles.
  • If a car moves into your lane, your car keeps its distance.
  • Car is a Lexus model modified by Google.
  • Displayed some self-driving cars in June.
  • Uses parallax from multiple images to find the distance to various objects.

Uber and Google both made announcements this week that offer the latest signs that autonomous cars have arrived — and may be driving our city streets sooner than we think.
Continue reading “How Self-Driving Cars Work”

Elon Musk and Google Want You to Make Their Artificial Intelligence Smarter

  • Google’s DeepMind , the AI system that famously defeated the world champion of the board game Go earlier this year, and OpenAI , an AI collaboration from Elon Musk and others, are making their software platforms available to researchers, developers, and anyone else who wants to use them.
  • Elon Musk and Google Want You to Make Their Artificial Intelligence Smarter
  • Open sourcing an AI system allows it to access troves of new learning data, so the more people who use it, the stronger it becomes.
  • Developers could conceivably use these platforms to make the AI in their own games and apps smarter.
  • The two platforms both use deep learning, a form of machine learning that allows AI systems to grow smarter.

Musk’s OpenAI and Google’s DeepMind are opening their platforms to the public.
Continue reading “Elon Musk and Google Want You to Make Their Artificial Intelligence Smarter”

Microsoft’s CEO wants bots and AI in every home

Microsoft's CEO wants #bots and #AI in every home on @yahooNewsUK

  • Ralf Speth, chief executive of Jaguar Land Rover, told Sky News that it would have to “see the facts” before deciding whether to continue manufacturing in the UK. Dr Speth said that if the UK’s divorce from Europe resulted in new tax and tariff barriers it would be a “huge challenge” for the company, which is the UK’s biggest industrial employer.
  • “Just like you built websites in the past, or mobile applications in the past, you’re going to now start building bots as new interfaces, new applications,” he said.
  • More than 600,000 people around the world attempted to grab a record and secure their place in the history books.
  • Microsoft’s CEO wants bots and AI in every home
  • The order from Peach Aviation – 39 percent owned by Japan’s largest airline ANA Holdings – is expected to cover ten fuel-saving A320neo narrow body airliners and three previous versions of the A320, for $1.3 billion at list prices, said the sources, who did not want to be named as the deal is not public.

While his feet may have been in Sydney, Microsoft CEO Satya Nadella’s head was firmly in the clouds. Or rather, his own cloud — the company’s cloud computing service Azure. In Australia for a Microsoft Developers conference, Nadella laid out his main theories for the digital future: Mobile-first
Continue reading “Microsoft’s CEO wants bots and AI in every home”