Tag Archive: Artificial intelligence

AI is Here To stay- But Will It ‘Improve The Quality Of Our Lives’? Or Is It Really ‘A Risk For Human Civilization’?

“That’s the beauty of argument, if you argue correctly, you’re never wrong.”
― Christopher Buckley

The title of this post is taken from a debate Elon Musk and Mark Zuckerberg had about the impact of Artificial Intelligence (AI) on mankind.

Tesla CEO Elon Musk, speaking to U.S. governors last week argued that AI poses an “existential threat” to human civilization. Mark Zuckerberg was clearly not thrilled with that statement. On a Facebook Live broadcast, Mark Zuckerberg  retorted and said

“…I think people who are naysayers and try to drum up these doomsday scenarios — I just, I don’t understand it… It’s really negative and in some ways I actually think it is pretty irresponsible…”

Well, that didn’t end there. Elon Must took to Twitter and here’s what he had to tweet …

That’s it! These two geniuses got me thinking.  But one thing i can honestly tell you is that, my  life got a lot easier since i got that robotic lawn mower. Thanks to these great products that utilize artificial intelligence, I can now enjoy my weekends.

Which side of argument are you on? Who is right? And who is wrong?

In other reads:

 

‘Chinese firms have become significant investors in American Tech start-ups’-What’s the deal?

The title of this post is from a New York Times article about why Chinese companies are actively investing American start-ups specializing in artificial intelligence and robots in order to advance both China’s military capacity as and its economy. Though these deals may be good for some investors, there are numerous questions and uncertainties which arise in terms of partnerships, intellectual property, and regulations on foreign takeovers. Read on

Who are the Tech VCs gladly funding? –It’s  Biotech!

According to an article by CNBC, Start-ups at the intersection of biology and tech are so hot in demand right now, so much that are receiving different valuations and checks.- “Tech investors will offer higher valuations if they believe you’re going to grow like a tech company…” Read on

Violent Crimes on Social Media-Tech companies quick to spot video violence

Who would have thought that social networks would no longer be just simply about ‘socializing among friends and business people’? Those days are gone! In a blog post on LSE US Center- “How social media is changing the way people commit crimes and police fight them”, Ray Surette, a Professor in the Department of Criminal Justice at the University of Central Florida, writes that social media has consequently led to a new type of ‘performance crimes’, where perpetrators can break the law via  texts, images and video, and at the same time draw attention from the large public. The good news is that, social media is also making it easier for law enforcement officials to combat such crimes happening on these platforms. (Read on)  In another article by CNBC, Tech companies from Singapore to Finland are focusing on improving  artificial intelligence in order to automatically spot and block crime videos before they go viral on social media. Read on 

High time we said ‘Tschüs und Ade’ to Fake accounts and false news spreading on Facebook?

Yes please! It’s about time someone did something about that!

Facebook recently published a paper “Information Operations and Facebook”- where the company highlights their efforts to add new technologies to spot fake accounts and to detect  false amplifiers and other forms of abuse on their platform. In the paper, Facebook explains how the company intends to expand their security focus from ’traditional abusive behavior, such as account hacking, malware, spam and financial scams, to include more subtle and insidious forms of misuse, including attempts to manipulate civic discourse and deceive people.’- Here’s what they’re doing about ‘False News’ and ‘Targeted Data Collection’ Read on here and here

Weekly Roundup- Cyber Security, Snaps Spectacles, Artificial Intelligence, Chinese Yuan

“Reading furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours.”   ― John Locke

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Pixabay

Cyber Security and Self driving cars

Karamba Security, a cyber security startup based in Hod Hasharon, Israel, raises $2.5 million to keep self-driving cars safe from hackers. (Source Techcrunch)

-Who hacked Yahoo?Apparently, it was an Eastern European gang (Source Fortune) See also the main lesson to be learnt from the Yahoo breach ( Financial Times)

Artificial Intelligence

-The world’s largest technology companies; Amazon, DeepMind/Google, Facebook, IBM, and Microsoft, are collaborating to see the way forward for the future of Artificial Intelligence. The five tech titans, have joined forces to create a non-profit organization with an aim to advance the ‘public understanding of artificial intelligence technologies’ (AI) and to ‘ formulate best practices on the challenges and opportunities within the field’. (Source  Partnership on AI)

Snapchat Spectacles

-The cool Snap’s spectacles! Snapchat (renamed Snaps Inc.) recently released it’s first pair of sunglasses which record videos in 10-seconds. Isn’t that cool? According to Recode, the man behind Spectacles, Snapchat’s new smart sunglasses is Steve Horowitz, a former software engineer for Google’s Android platform.

-So why would users choose a pair of video sunglasses over traditional smartphones to take snaps? In a Wall Street Journal article, Evan Spiegel, CEO  Snap Inc responded by saying that the images are fundamentally different compared to those taken via a typical smartphone. He added that “Spectacles’ camera uses a 115-degree-angle lens, wider than a typical smartphone’s and much closer to the eyes’ natural field of view. The video it records is circular, more like human vision.” (Read more  at WSJ)

-How do the Snapchat Spectacles work?  According to the company, it has created the smallest wireless video cameras in the world, which are integrated into a pair of sunglasses and can take up to a day’s worth of Snaps on a single charge. It gets better, it’s available in 3 different colors!- BLACK, TEAL, AND CORAL!  (Find out how Snapchat’s Spectacles will work on the Verge)

Global Trade and Employment- Trade Policy in the EU

-More Wealth, More Jobs, but Not for Everyone- What’s going on?  Did the economists fail to ‘anticipate the accompanying joblessness’? And are governments just watching and doing nothing about it?  “… More global trade is a good thing if we get a piece of the cake…But that’s the problem. We’re not getting our piece of the cake….”  ( More at New York Times)

China’s Yuan- Renminbi 

-China’s ambition to ensure the yuan ‘enters the International Monetary Fund’s basket of reserve currencies’ has finally become a success. As from October 1, the IMF will make effective the new SDR basket which will also include the Chinese renminbi in addition to the current SDR basket currencies, which are the U.S. dollar, euro, yen and pound sterling. (Source-IMF)   But is it there yet? (Read more at Bloomberg)

Fake Bank Accounts at Wells Fargo 

-Apparently, the fake bank accounts at Wells Fargo began more than  5 years ago. In fact according to sources, the shocking fraudulent activities existed before 2011. Why didn’t anyone do something about it then? ( Read more at CNN Money)