Blog
PwC Confirms AI to Strengthen World Economy
From a $9.1tn increase in consumption to $6.6tn in new
profits, Price Waterhouse Coopers estimates that by 2030, $15tn
will be added to the global economy through advances in artificial intelligence.
In their research, PwC concluded North American consumers and
industries were more accepting of AI than other geographic areas. The US is
poised to initially see more gains from AI due to the GDP from domestic
manufacturing. China will eventually surpass the growth seen in the US with a
p
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Jul 5th 2017
Will Robots Get Their Own Independence Day?
According to the UK’s Independent,
the next century will be defined by how humans decide to manage robots, AI and
machine learning. In fact, the European Parliament has already taken steps to
create regulations around the use of artificial intelligence and robots, even
coining the term “electronic personhood” in their draft of rights and
responsibilities of highly functional AI.
Think of robots seen as people the way the judicial system
sees and treats corporations as people who can
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Jun 30th 2017
Size Matters: What Small Business Owners Should Know About Automation
Robotics and automation are no longer reserved for huge,
multi-national corporations. The introduction of affordable automation
technology like collaborative robots changes the game for everyone. While most
of the hype around robotics focuses on increased productivity, reduced labor
costs and operational efficiency, it is imperative that small business owners become
familiar with these new technologies.
Robots will not take
over everything.
A recent study released by PwC predi
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Jun 23rd 2017
Uber Caught Using AI to Calculate Socioeconomically-based Pricing Structure
What can you afford to pay for an Uber ride? Uber has
installed AI to help it figure that out. Uber pricing is not as cut and dry as
a taxi service, which, at least in Philadelphia, is based on an initial ride
charge, passenger number, distance and time rate. Uber’s software considers
what neighborhood you are coming from and going to, time of day and then takes
a stab at what it thinks you will be willing to pay. The previous pricing algorithm
calculated the price based on mileage, time,
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May 22nd 2017
Artificial Intelligence Accurately Predicted Trump’s 100-Day Approval Rating
A company called Unanimous AI accepted a challenge from the
media to use its Swarm AI to predict the president’s approval rating at 100
days in office. It worked; at least, it matched the results from polls
presented by the Washington Post and ABC News.The company describes its software as “A
combination of real-time human input and A.I. algorithms…Swarm A.I. system combines the knowledge, wisdom, opinions,
and intuitions of live human participants as a unified emergent
intelligence t
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May 1st 2017