Lifeboat Foundation

The local delivery market is worth approximately £150bn in the UK alone. This includes parcel and delivery companies (20 pc) and personal shopping trips by people (80 pc). Starship said that robot deliveries are potentially five to fifteen times cheaper than current “human-powered” delivery services.

“It does not take the whole delivery chain from an Amazon warehouse to your doorstep, it only takes the last few miles. But right now the last few miles are the most difficult part for the delivery vans. They need to find parking spaces and so forth, so our robot is taking care of that,” said Mr Heinla.

“For the large e-commerce companies it helps to reduce the costs. For the local businesses it opens up new possibilities, allowing people to order deliveries over the internet rather than coming to the store physically.”

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“This ingenious cooling system circulates cooled air in an endless loop—all without any electricity.”

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The aim of the exercise is to develop rider-support systems similar to those we are seeing developed in automobiles to make driving safer. “We want to apply the fundamental technology and know-how gained in the process of this challenge to the creation of advanced rider safety and rider-support systems and put them to use in our current businesses, as well as using them to pioneer new lines of business,” says Yamaha’s release.

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“Technology is finally catching up with Landmark Entertainment Group’s big ideas. The global entertainment design firm announced Thursday that it is collaborating with Pavilion of Me to create a virtual reality experience called the Virtual World’s Fair that will launch in 2017.”

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Ask just about anyone on the street to describe artificial intelligence and odds are, they’ll describe something resembling the futuristic science fiction robot they’ve seen in movies and television shows. However, according to Mathematician, Linguist and Artificial Intelligence Researcher Dr. András Kornai, artificial intelligence is a reality right now, and its impact can be seen every day.

“I’d say 35 percent of the total commerce taking place on Wall Street (right now) is driven by algorithms and it’s no longer driven by humans,” Kornai said. “This is not science fiction. (Artificial intelligence) is with us today.”

What we’ve seen so far in the application of algorithm-based artificial intelligence in the financial sector is just the tip of the iceberg, Kornai said. In fact, you don’t even have to own stock to be affected by it.

“I have designed algorithms that will (determine) your creditworthiness, meaning your creditworthiness is now determined by an algorithm,” he said. “We have substituted human-decision making capabilities in favor of better algorithms to pursue this, and we have given up a huge area of human competence, and money is just one aspect of it.”

Continue reading “Artificial Intelligence Is A Big Part Of Your Life, Just Don’t Buy The Hollywood Hype” »

A footpath in the UK has been equipped with free Wi-Fi coverage, with manholes, on-street cabinets, and other ‘street furniture’ being used to broadcast the signal, which reaches maximum speeds of 166 Mbps and can be accessed from up to 80 metres (260 feet) away.

For the time being, this is a very small-scale scheme: the connected street has been set up in the market town of Chesham, home to some 21,000 people, about 50 km outside of London. As you might expect, it’s a promotional stunt on the part of Virgin Media, but the company says it’s committed to improving public Wi-Fi access across the country, and will be using feedback from the trial in Chesham to help inform its future plans.

“The unlimited Wi-Fi service is available to residents, businesses, and visitors passing through the centre of Chesham,” explains the Virgin Media team. “The service even covers parts of Lowndes Park — Chesham’s 36-acre park space.”

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A robot construction worker that can move around a building site autonomously and make architectural structures is being developed by Swiss designers and roboticists. Jim Drury saw it for himself.

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Continue reading “Robot builder designed for construction sites” »

“The nature of work, employment, jobs, and economics will have to change over the next 35 years, or the world will face massive unemployment by 2050. This was a key conclusion of the Future Work/Technology 2050 study published in the “2015−16 State of the Future.””

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