Just because Grindelwald and Dumbledore had a deadly brawl during their quest to revolutionise magic doesn’t mean two great powers cannot be used in concert to change the world. This could be the worst way to start an important conversation about financial technology, but stick with me, it gets more interesting. We are speaking about the world-altering technology of Artificial Intelligence as the first superpower coupled with the financial system disruptive technology of cryptocurrency — a decentralised payment system that circumvents government manipulation of currency and is forcing us to redefine the concept of money. The question is: Can these two technologies be used together to change the way ordinary people like you and me invest our money — without expiring in a shower of blue sparks? “Avada Kedaura!”
Continue reading AI, Bitcoin, Ethereum and Cryptocurrency Trading
Researchers from the Massachusetts Institute of Technology created a processor for in-depth training, working on an optical chip. Such a chip requires a thousand times less energy than traditional CPUs and GPUs, and better cope with some tasks.
“Deep learning” computer systems, based on artificial neural networks that mimic the way the brain learns from an accumulation of examples, have become a hot topic in computer science. In addition to enabling technologies such as face- and voice-recognition software, these systems could scour vast amounts of medical data to find patterns that could be useful diagnostically, or scan chemical formulas for possible new pharmaceuticals.
Continue reading New optical chip for AI is a thousand times more effective than silicon
BB&T Corp. has a well-earned reputation for being deliberate when it comes to adopting technological advances.
That’s why BB&T executives’ enthusiasm for plugging artificial intelligence and robotics into its back-office, customer service and compliance operations has raised eyebrows with analysts and economists.
BB&T joins Wells Fargo & Co. and other national and super-regional banks in spending hundreds of millions of dollars to pursue what they believe will be significant future cost savings from data mining of customer patterns.
Continue reading Financial institutions turning to artificial intelligence for data mining, cost savings
New human rights laws to prepare for rapid current advances in neurotechnology that may put “freedom of mind” at risk have been proposed in the open access journal Life Sciences, Society and Policy.
Four new human rights laws could emerge in the near future to protect against exploitation and loss of privacy, the authors of the study suggest: The right to cognitive liberty, the right to mental privacy, the right to mental integrity, and the right to psychological continuity.
Continue reading In a neurotechnology future, human-rights laws will need to be revisited
The price of bitcoin is once again trading near an all-time high Coindesk said.
After about a month of uncertainty following the rejection of a major investment vehicle, bitcoin prices reached $1,343.59, a new all-time high on the CoinDesk Bitcoin Price Index on last Thursday of April, breaking the previous record of $1,325.81, set in March.
Continue reading $1,360 and Growth Up: What’s Next For Bitcoin Prices?
Someone scraped 40,000 Tinder selfies to make a facial dataset for AI experiments. Tinder users have many motives for uploading their likeness to the dating app. But contributing a facial biometric to a downloadable data set for training convolutional neural networks probably wasn’t top of their list when they signed up to swipe.
A user of Kaggle, a platform for machine learning and data science competitions which was recently acquired by Google, has uploaded a facial data set he says was created by exploiting Tinder’s API to scrape 40,000 profile photos from Bay Area users of the dating app — 20,000 apiece from profiles of each gender.
Continue reading 40,000 Tinder selfies scraped to make a facial dataset for AI experiments
Stephen Hawking, the world-famous theoretical physicist, recorded in advance a keynote speech titled Guiding AI to benefit humanity and the environment for the 2017 Global Mobile Internet Conference (GMIC) in Beijing, which has kicked off on Thursday at the China National Convention Center. The development of artificial intelligence, as one of the key topics for the innovative technology event, has spurred interest in Hawking, author of A Brief History of Time.
Continue reading Stephen Hawking warns artificial intelligence may supersede humans, disrupt economy
In the past four years alone, we have witnessed an amazing expansion of compute. Go inside the numbers of the recent 100 billion ARM-based chips milestone and you will see that 50 billion were shipped by our partners from 2013 to 2017, which demonstrates the industry’s insatiable demand for more compute. Even more extraordinary is that we expect our partners to ship the next 100 billion ARM-based chips by 2021.
Continue reading ARM CPU’s expands the possibilities for artificial intelligence