Menu

Blog

Archive for the ‘business’ category: Page 10

Jul 16, 2021

Amazon Patented a New Delivery System That Could Have Your Block Crawling With Robots

Posted by in categories: business, robotics/AI, transportation

Last week, Amazon patented a delivery system involving self driving trucks carrying several small robots that deliver packages to homes.


Once all the small delivery bots are back on board, the truck (which would have a human driver in the near future but likely be autonomous in the less-near future) drives off to the next block—its fleet of mini-me’s restocking with new packages en route—and the scene repeats itself.

Cool/creepy? Good/bad? Depends on your perspective. On the one hand, employing fewer humans would bring Amazon more cost savings in the long run, which it would ideally pass on to customers and re-invest in other parts of the business, leading to hiring more people in a virtuous circle.

Continue reading “Amazon Patented a New Delivery System That Could Have Your Block Crawling With Robots” »

Jul 13, 2021

Face recognition is just the tip of the AI Computer Vision iceberg

Posted by in categories: business, robotics/AI

These flaws in AI training give the technology a bad name, and so do regular media reports suggesting that intelligent machines are poised to decimate the human workforce. These themes, for many people, have obscured AI’s genuine usefulness in data analysis and conversational platforms. And while computer vision does indeed have its flaws, it is more than just a reflection of societal biases: it is potentially an essential tool for both society and business.

Computer vision, or CV, gives machines the power of visual recognition in a way that emulates human sight. Whether a machine is detecting dangers on the road or, more controversially, recognising faces in a crowd, the ultimate aim is to make decisions based on image interpretation.

The tech is an advanced form of pattern recognition, made through statistical comparison of data sets. This means that while machines can “see”, they have no real understanding of what they are looking at. They can distinguish one object from another, true, but can’t explain what this difference means.

Continue reading “Face recognition is just the tip of the AI Computer Vision iceberg” »

Jul 13, 2021

These flaws in AI training give the technology a bad name, and so do regular media reports suggesting that intelligent machines are poised to decimate the human workforce

Posted by in categories: business, robotics/AI

These themes, for many people, have obscured AI’s genuine usefulness in data analysis and conversational platforms. And while computer vision does indeed have its flaws, it is more than just a reflection of societal biases: it is potentially an essential tool for both society and business.

Computer vision, or CV, gives machines the power of visual recognition in a way that emulates human sight. Whether a machine is detecting dangers on the road or, more controversially, recognising faces in a crowd, the ultimate aim is to make decisions based on image interpretation.

The tech is an advanced form of pattern recognition, made through statistical comparison of data sets. This means that while machines can “see”, they have no real understanding of what they are looking at. They can distinguish one object from another, true, but can’t explain what this difference means.

Continue reading “These flaws in AI training give the technology a bad name, and so do regular media reports suggesting that intelligent machines are poised to decimate the human workforce” »

Jul 12, 2021

Plans underway for new space station to orbit the moon

Posted by in categories: business, space travel

To the moon — and beyond.

A new partnership just announced by NASA makes it official that the space agency is very much in the business of getting back to the moon.

Jul 12, 2021

Sun Valley Conference 2021—billionaire summer camp explained and who is attending

Posted by in categories: business, finance

Some of the biggest names in technology, media and finance have gathered this week in Sun Valley, Idaho, for the latest edition of the annual conference hosted by Allen & Company, a private investment bank. The event has been dubbed the “summer camp for billionaires” due to its guest list.


Facebook CEO Mark Zuckerberg, Apple CEO Tim Cook and Microsoft co-founder Bill Gates are reportedly among those who have been spotted at this year’s event, which began Tuesday and concludes on July 10.

Newsweek Newsletter sign-up

Continue reading “Sun Valley Conference 2021—billionaire summer camp explained and who is attending” »

Jul 11, 2021

Branson Beats Bezos to Space History and Flight Analysis with Tim Pickens

Posted by in categories: business, food, habitats, space

Breaking — Branson Beats Bezos to Space! Some history of the Virgin Galactic propulsion development, flight analysis and more background with Tim Pickens.

Tim Pickens is an entrepreneur, inventor, innovator, engineer and educator. He specializes in commercial space, technical product development and solutions, and business consulting and strategy for space and technical companies. Pickens’ 25+ years of experience in the aerospace industry, specializing in the design, fabrication and testing of propulsion hardware systems, has earned him a reputation as one of the industry’s leaders in these areas. Early in his career, Pickens served as propulsion lead for Scaled Composites on SpaceShipOne, winner of the $10 million Ansari X Prize. He also worked for small hardware-rich aerospace companies in Huntsville, and later supported the Virgin Galactic’s SpaceShipTwo venture.

Continue reading “Branson Beats Bezos to Space History and Flight Analysis with Tim Pickens” »

Jul 11, 2021

‘Lack of Cybersecurity Is a Clear & Immediate Danger to Society’: Klaus Schwab, Cyber Polygon 2021

Posted by in categories: biotech/medical, business, cybercrime/malcode, transportation

World Economic Forum Founder Klaus Schwab opens Cyber Polygon 2021 with a warning: “A lack of cybersecurity has become a clear and immediate danger to our society worldwide.”

Giving the welcoming remarks at Cyber Polygon for the second year in a row, Schwab spoke at length about the World Economic Forum’s (WEF) desire to tackle cybersecurity by bringing together a closer merger of corporations, small businesses, and governments.

Continue reading “‘Lack of Cybersecurity Is a Clear & Immediate Danger to Society’: Klaus Schwab, Cyber Polygon 2021” »

Jul 8, 2021

Why ransomware attacks are on the rise — and what can be done to stop them

Posted by in categories: business, cybercrime/malcode, government

These attacks — along with news of several high-profile data breaches linked to the Russian government-backed hack of American software company SolarWinds, including at tech titans like Microsoft — have prompted questions about how these attacks have occured, and how to better guard against them.

State and local leaders testified June 17 before the Senate about how cyber threats they face have grown. And along with the increased penalties for cybercriminials included in a bipartisan Senate infrastructure package, a second bipartisan Senate bill would require public and private entities to report cybersecurity breaches to the government within 24 hours, as well as add liability protections to help encourage businesses to come forward.

Here’s what you should know as debate over cybersecurity and how to fight ransomware continues.

Continue reading “Why ransomware attacks are on the rise — and what can be done to stop them” »

Jul 6, 2021

Pandemic Wave of Automation May Be Bad News for Workers

Posted by in categories: biotech/medical, business, employment, robotics/AI

Such changes, multiplied across thousands of businesses in dozens of industries, could significantly change workers’ prospects. Professor Warman, the Canadian economist, said technologies developed for one purpose tend to spread to similar tasks, which could make it hard for workers harmed by automation to shift to another occupation or industry.


The need for social distancing led restaurants and grocery stores to seek technological help. That may improve productivity, but could also cost jobs.

Jul 4, 2021

Fourth of July weekend ransomware attack hits thousands of companies in 17 countries

Posted by in categories: business, cybercrime/malcode

In some cases, chain reactions fed more widespread disruption.

The Swedish Coop grocery store chain had to close hundreds of stores on Saturday because its cash registers are run by Visma Esscom, which manages servers for a number of Swedish businesses and in turn uses Kaseya.

Brett Callow, a ransomware expert at the cybersecurity firm Emsisoft, said he was unaware of any previous ransomware supply-chain attack on this scale.

Continue reading “Fourth of July weekend ransomware attack hits thousands of companies in 17 countries” »

Page 10 of 194First7891011121314Last