Financial institutions turning to artificial intelligence for data mining, cost savings

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.

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In a neurotechnology future, human-rights laws will need to be revisited

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.

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$1,360 and Growth Up: What’s Next For Bitcoin Prices?

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.

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Better Than Doctors: AI Predicts Heart Attacks

Using data from the medical records of more than 300,000 patients, researchers created an algorithm that can accurately predict 7.6 percent more heart attacks than doctors using standard methods.  Doctors have gotten very good at determining which of their patients are at high risk for a heart attack. But new research suggests that artificial intelligence may be even better — and that widespread use of AI could save many of the lives now lost to heart disease, the leading killer in the U.S.
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40,000 Tinder selfies scraped to make a facial dataset for AI experiments

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.

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