What is concept drift?
Concept drift occurs when there are changes in the distribution of the training set examples.
At the most basic level, concept drift causes data points that were once considered an example of one concept to be seen as another concept entirely over time.
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One of Europe’s top business schools recently released its Future Readiness Indicator study and focused on the automotive sector for its analysis.
A farmer can put the tractor to work with a swipe of a smartphone app and then walk away to attend to other business.
Prager Metis has become the first CPA firm to open up a metaverse headquarters. The firm, which in real life is based in New York, is setting up shop in Decentraland, a 3D virtual world, as part of a joint venture with Banquet LLC, a metaverse studio.
The firm purchased the piece of virtual real estate on Dec. 28, a three-story digital structure. On the first floor is an open floor plan that doubles as a gallery space for nonfungible tokens from Prager Metis clients along with a large entertainment area. The second floor will provide more of a working space with meeting rooms and conference capabilities. The third floor will serve as a rooftop space where Prager Metis intends to host events and even live entertainment.
The metaverse has been attracting attention ever since Facebook’s parent company announced a name change last October to Meta to highlight its interest in developing technology for virtual reality and augmented reality. More businesses have followed suit in setting up shop in the metaverse. Prager Metis isn’t the first firm to dip its toes in the waters: PricewaterhouseCoopers’ Hong Kong firm announced last month that it had bought virtual land on another metaverse platform, the Sandbox, but Prager Metis is going further by setting up an actual headquarters in Decentraland. It plans to focus on advisory services for clients and potentially for other accounting firms as well. The firm already has clients who have entered the rapidly growing market for nonfungible tokens, or NFTs, which use blockchain technology to create collectibles and artwork that people bid on to buy and trade.
The MagRail technology makes use of existing tracks to allow use of both magnetic and traditional trains; can later be upgraded for Hyperloop. Expo 2020: Nevomo’s tech upgrades existing railway tracks for high-speed supertrains. Dubai, Expo 2020, Expo 2020 dubai, hyperloop, Nevomo, Railways, Virgin. Business.
The company is developing novel therapeutics targeting aging in humans and dogs by using genetically modified adeno-associated virus (AAV) vectors to deliver copies of the SIRT6 gene variant found in centenarians. SIRT6 has already been shown to have significant capabilities to repair DNA damage, and Genflow’s aim is to show that it can also improve healthspan and, potentially, increase lifespan. “Our business model is to develop our lead compound, GF-1002, that has already yielded encouraging pre-clinical results,” Leire told us. “We are currently undertaking pre-clinical trials which are expected to take approximately two years.
SIRT6 targeting longevity biotech announces intention to float on the London Stock Exchange, with IPO later this month.
The immersive tech could eventually allow park visitors to interact with Mickey Mouse and Elsa as images, not cast members in costume.
Disney is joining the metaverse party.
We aren’t talking online gigs or business meetings with avatars. Disney wants to enhance the virtual dimension of its theme parks with its Virtual World Simulator, new technology for which it was granted a patent in the U.S. on December 28.
The vehicle showcased at the event was Model SD-03, which was a demonstration for the autonomous SD-05 which is currently under development. The company is aiming to kickstart its business with the latter after unveiling it as a flying taxi at the World Expo 2025 in Osaka. It is worth mentioning that SkyDrive has been tested for manned flights and recently got certified by the Japanese government. “SkyDrive recently advanced toward commercialization with the Japanese transportation ministry’s acceptance of its type certificate application, a major milestone that no other flying vehicle developers have reached in Japan”, the company said in its statement.
READ | Flying car completes first 35-minute inter-city flight test in Slovakia
The model released by SkyDrive at the CES 2022 is a driver-only vehicle that runs on electricity and is equipped with eight propellers. As per SkyDrive’s description of the vehicle, it can carry a maximum weight of 400 kg and is capable of cruising at 40–50 kilometres per hour for five to ten minutes. The company had revealed the first prototype of its eVTOL in 2018 and conducted the first manned flight in 2020. According to a report by Interesting Engineering, more companies such as Lilium and Volocopter are also planning to kickstart their flying car business this decade.
“The potential to deliver ‘one shot cures’ is one of the most attractive aspects of gene therapy, genetically-engineered cell therapy and gene editing. However, such treatments offer a very different outlook with regard to recurring revenue versus chronic therapies,” analyst Salveen Richter wrote in the note to clients Tuesday. “While this proposition carries tremendous value for patients and society, it could represent a challenge for genome medicine developers looking for sustained cash flow.”
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Goldman Sachs warns sales from the most successful disease treatments are difficult to maintain.
Smart factories will be very useful in metaverse.workers can operated machines in factories using Internet.
As the idea of interconnected and intelligent manufacturing is gaining ground, competing in the world of Industry 4.0 can be challenging if you’re not on the very cusp of innovation.
Seeing the growing economic impact of IIoT around the globe, many professionals and investors have been asking themselves if the industry is on the verge of a technological revolution. But judging from the numbers and predictions, there is tangible and concrete evidence that the idea of smart manufacturing has already burst into corporate consciousness. According to IDC, global spending on the Internet of Things in 2020 is projected to top $840 billion if it maintains the 12.6% year-over-year compound annual growth rate. There is no doubt that a huge part of this expenditure will be devoted to the introduction of IoT into all types of industry, especially including manufacturing.
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