Lifeboat Foundation: Safeguarding Humanity
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Category: business – Page 244

We are now a connected global community where many digital natives cannot remember a time before the iPhone. The rise of smart homes means that we are increasingly attaching our lighting, door locks, cameras, thermostats, and even toasters to our home networks. Managing our home automation through mobile apps or our voice illustrates how far we have evolved over the last few years.

However, in our quest for the cool and convenient, many have not stopped to consider their cybersecurity responsibilities. The device with the weakest security could allow hackers to exploit vulnerabilities on our network and access our home. But this is just the tip of the proverbial iceberg.

Businesses and even governments are starting to face up to the vulnerabilities of everything being online. Sophisticated and disruptive cyberattacks are continuing to increase in complexity and scale across multiple industries. Areas of our critical infrastructure such as energy, nuclear, water, aviation, and critical manufacturing have vulnerabilities that make them a target for cybercriminals and even a state-sponsored attack.

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A longer-term concern is the way AI creates a virtuous circle or “flywheel” effect, allowing companies that embrace it to operate more efficiently, generate more data, improve their services, attract more customers and offer lower prices. That sounds like a good thing, but it could also lead to more corporate concentration and monopoly power—as has already happened in the technology sector.

LIE DETECTORS ARE not widely used in business, but Ping An, a Chinese insurance company, thinks it can spot dishonesty. The company lets customers apply for loans through its app. Prospective borrowers answer questions about their income and plans for repayment by video, which monitors around 50 tiny facial expressions to determine whether they are telling the truth. The program, enabled by artificial intelligence (AI), helps pinpoint customers who require further scrutiny.

AI will change more than borrowers’ bank balances. Johnson & Johnson, a consumer-goods firm, and Accenture, a consultancy, use AI to sort through job applications and pick the best candidates. AI helps Caesars, a casino and hotel group, guess customers’ likely spending and offer personalised promotions to draw them in. Bloomberg, a media and financial-information firm, uses AI to scan companies’ earnings releases and automatically generate news articles. Vodafone, a mobile operator, can predict problems with its network and with users’ devices before they arise. Companies in every industry use AI to monitor cyber-security threats and other risks, such as disgruntled employees.

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‘Google should not be in the business of war’: Over 3,000 employees pen letter urging CEO to pull out of the Pentagon’s controversial AI drone research, citing firm’s ‘Don’t Be Evil’ motto…

More than 3,000 Google employees have penned an open letter calling upon the internet giant’s CEO to end its controversial ‘Project Maven’ deal.

Calling the deal ‘business of war’, they said Google boss Sundar Pichai should ‘cancel this project immediately’.

It was revealed last month that Google is allowing the Pentagon to use some of its artificial intelligence technologies to analyze drone footage.

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How can we help educate the general public?

___ Why you shouldn’t bother with memory or brain health supplements (Consumer Reports): The signs of memory loss can be bewildering and scary: misplaced keys, a forgotten street name, that task you suddenly can’t remember. It’s no wonder that, according to the Nutrition Business Journal, sales of supplements touted.

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Elon Reeve Musk is a South African-born Canadian-American business magnate, engineer, inventor and investor. He is the CEO and CTO of SpaceX, CEO and product architect of Tesla Motors, and chairman of SolarCity as well as co-chairman of OpenAI.

He is the founder of SpaceX and a co-founder of Zip2, PayPal, and Tesla Motors. He has also envisioned a conceptual high-speed transportation system known as the Hyperloop and has proposed a VTOL supersonic jet aircraft with electric fan propulsion. He is the wealthiest person in Los Angeles.

Peter Diamandis ► https://goo.gl/Q0yk81

Peter H. Diamandis is a Greek–American engineer, physician, and entrepreneur best known for being the founder and chairman of the X Prize Foundation, the co-founder and executive chairman of Singularity University and the co-author of the New York Times bestsellers Abundance: The Future Is Better Than You Think and BOLD: How to Go Big, Create Wealth, and Impact the World. He is also the former CEO and co-founder of the Zero Gravity Corporation, the co-founder and vice chairman of Space Adventures Ltd., the founder and chairman of the Rocket Racing League, the co-founder of the International Space University, the co-founder of Planetary Resources, founder of Students for the Exploration and Development of Space, and vice-chairman & co-founder of Human Longevity, Inc.

In March 2014, Diamandis co-founded Human Longevity Inc. (HLI), a genomics and cell therapy-based diagnostic and therapeutic company focused on extending the healthy human lifespan, with Craig Venter and Robert Hariri.

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Continue reading “Elon Musk and Peter Diamandis” | >

Companies are testing robots that help keep shelves stocked, as well as apps that let shoppers ring up items with a smartphone. High-tech systems like the one used by Amazon Go completely automate the checkout process. China, which has its own ambitious e-commerce companies, is emerging as an especially fertile place for these retail experiments.

But the opening of Amazon Go in January was alarming for many retailers, who saw a sudden willingness by Amazon to wield its technology power in new ways. Hundreds of cameras near the ceiling and sensors in the shelves help automatically tally the cookies, chips and soda that shoppers remove and put into their bags. Shoppers’ accounts are charged as they walk out the doors.

Amazon is now looking to expand Go to new areas. An Amazon spokeswoman declined to comment on its expansion plans, but the company has a job posting for a senior real estate manager who will be responsible for “site selection and acquisition” and field tours of “potential locations” for new Go stores.

“Unanimously, there was an element of embarrassment because here is an online retailer showing us how to do brick and mortar, and frankly doing it amazingly well,” said Martin Hitch, the chief business officer of Bossa Nova Robotics, a company that makes inventory management robots that Walmart and others are testing.

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This marks the seventh year that the particle accelerator has been in operation.

At 12:17 p.m. on Friday, March 30, the Large Hadron Collider at CERN was switched on once again, making 2018 the seventh year that the world’s largest particle accelerator has been in operation. It is also excitingly the fourth year running now that the LHC will have achieved 13 TeV collision energy.

Over the past four months, much maintenance has been conducted on the LHC, but with the work now completed the ATLAS experiment has begun a glorious new year as the Large Hadron Collider is now back in the business of circulating proton beams, as ATLAS report.

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NVIDIA Corporation NVDA continues to gain traction in Artificial Intelligence (AI) technology with the help of several partnerships. Most recently, the graphic chip maker partnered with Adobe Systems Incorporated ADBE as part of which its graphics processing units (GPUs) will power up the latter’s AI toolkit, Sensei.

The partnership is anticipated to improve Adobe’s services for Creative and Experience Cloud customers and developers. That means, it will improve the performance as well as speed of Adobe’s Sensei.

The companies believe the collaboration will help them in targeting a new audience of developers, data scientists and partners for Sensei, thereby providing scope of business opportunities to both.

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The march of AI into the workplace calls for trade-offs between privacy and performance. A fairer, more productive workforce is a prize worth having, but not if it shackles and dehumanises employees. Striking a balance will require thought, a willingness for both employers and employees to adapt, and a strong dose of humanity.

ARTIFICIAL intelligence (AI) is barging its way into business. As our special report this week explains, firms of all types are harnessing AI to forecast demand, hire workers and deal with customers. In 2017 companies spent around $22bn on AI-related mergers and acquisitions, about 26 times more than in 2015. The McKinsey Global Institute, a think-tank within a consultancy, reckons that just applying AI to marketing, sales and supply chains could create economic value, including profits and efficiencies, of $2.7trn over the next 20 years. Google’s boss has gone so far as to declare that AI will do more for humanity than fire or electricity.

Such grandiose forecasts kindle anxiety as well as hope. Many fret that AI could destroy jobs faster than it creates them. Barriers to entry from owning and generating data could lead to a handful of dominant firms in every industry.

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Many asteroids are rich in minerals, metals and water, making them potential life support systems for humans venturing deep into the solar system.

“Asteroids contain all the materials necessary to enable human activity,” says Peter Stibrany, chief business developer and strategist of California-based Deep Space Industries (DSI). “Just those near Earth could sustain more than 10bn people.”

Moreover, their relatively small mass means their gravitational field is weak, so in this respect, at least, they are much easier than larger bodies such as the moon to land on and leave, he argues.

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