Archive for the ‘business’ category: Page 3

Feb 5, 2024

Evolution and state of the art of launch systems

Posted by in categories: business, chemistry, robotics/AI, space travel

In the XXI century, the world of orbital launchers has started a revolution, a fundamental change of paradigm: the replacement of expendable rockets with reusable ones is well underway. This presentation summarizes the situation at the beginning of year 2024.

A short bio.
Alberto Cavallo is an Electrical Engineer, graduated at the Politecnico di Torino in 1985. He began his activity with designing electric systems in Fiat Engineering, the engineering and construction company of the FIAT Group, moving soon to control and automation systems in the same company. He was involved in all business areas of the company, which included revamping and new projects of car factories for the FIAT Group as well as large infrastructures, power and cogeneration plants for external clients. Among the projects of that time were the new FIAT factories in Melfi and Pratola Serra, the high speed railways Torino-Milano and Bologna-Firenze, the district heating system of Torino Sud, combined cycle power plants for several hundred megawatts in Italy and in Brazil. Since Fiat Engineering was transferred from the FIAT Group to a new EPC group and then merged with a large EPC company in Milan, he has been involved in large oil and gas and petrochemical projects all over the world. Besides his professional activity, he has always taken part in several cultural activities. He was a member of the Associations of Alumni of the Liceo Classico Vittorio Alfieri of Turin, active in promoting humanistic culture as well as its connection to the technical and scientific area. He manages his own website (in Italian only) about philosophy, science and politics/geopolitics. Due to this he got in contact with Adriano Autino and his TDF, then becoming one of the founding members of Space Renaissance International. Besides several papers in his professional area he has written several articles for his own site, for TDF and SRI, coauthoring the book “Three Theses for the Space Renaissance” with Adriano Autino and Patrick Q. Collins. He is currently member of the Board of SRI.

Feb 3, 2024

Mastercard’s new anti-fraud AI has a success rate of up to 300%

Posted by in categories: business, finance, information science, robotics/AI

Mastercard has announced that it has developed an in-house generative AI to help combat fraud on its payment processing network.

Instead of relying on textual inputs, Mastercard’s algorithm uses a cardholder’s merchant visit history as a prompt to determine whether a transaction involves a business that the customer would likely visit. The algorithm generates pathways through Mastercard’s network, akin to heat-sensing radar, to provide a score as an answer.

Continue reading “Mastercard’s new anti-fraud AI has a success rate of up to 300%” »

Jan 31, 2024

Spot Makes Austria’s Largest Power Plant Safer

Posted by in categories: business, robotics/AI

Since 2022, Spot from Boston Dynamics has been performing inspections at the Simmering power plant. It is the first quadruped robot used in Europe for routine power plant operations, reporting technical faults autonomously. Equipped with numerous sensor payloads, Spot helps to ensure the energy supply to more than 800,000 households in Vienna. Employees at the power plant operator Wien Energie affectionately call Spot “Energy Dog”

The task: Optimizing maintenance and safety at the Simmering power plant

Simmering is Austria’s largest power plant and generates electrical energy and district heating from various primary energy sources such as natural gas and biomass. The power plant is operated by Wien Energie and supplies over 800,000 households and 7,000 business customers with electricity, achieving an efficiency of 81 percent. With more than a hundred-year history, Simmering is not only one of Austria’s largest power plants, but among the oldest.

Jan 30, 2024

The Professions of the Future (1)

Posted by in categories: automation, big data, business, computing, cyborgs, disruptive technology, education, Elon Musk, employment, evolution, futurism, information science, innovation, internet, life extension, lifeboat, machine learning, posthumanism, Ray Kurzweil, robotics/AI, science, singularity, Skynet, supercomputing, transhumanism

We are witnessing a professional revolution where the boundaries between man and machine slowly fade away, giving rise to innovative collaboration.

Photo by Mateusz Kitka (Pexels)

As Artificial Intelligence (AI) continues to advance by leaps and bounds, it’s impossible to overlook the profound transformations that this technological revolution is imprinting on the professions of the future. A paradigm shift is underway, redefining not only the nature of work but also how we conceptualize collaboration between humans and machines.

As creator of the ETER9 Project (2), I perceive AI not only as a disruptive force but also as a powerful tool to shape a more efficient, innovative, and inclusive future. As we move forward in this new world, it’s crucial for each of us to contribute to building a professional environment that celebrates the interplay between humanity and technology, where the potential of AI is realized for the benefit of all.

In the ETER9 Project, dedicated to exploring the interaction between artificial intelligences and humans, I have gained unique insights into the transformative potential of AI. Reflecting on the future of professions, it’s evident that adaptability and a profound understanding of technological dynamics will be crucial to navigate this new landscape.

Continue reading “The Professions of the Future (1)” »

Jan 27, 2024

The headset wars: Why it’s Apple’s to lose

Posted by in categories: business, finance, virtual reality

Two tech titans are now duking it out in the headset wars. Apple’s Vision Pro and Meta’s Quests offer different price points, different specs, and most importantly, different visions of the future of virtual reality. And both have big hurdles to clear. This week on TechCheck, why the headset battle is Apple’s to lose.

0:00 – Who will win the headset wars?
0:42 – The case for Apple.
5:35 – The case for Meta.
7:56 – The case for both… or neither.

Continue reading “The headset wars: Why it’s Apple’s to lose” »

Jan 24, 2024

Aniai is bringing a burger-cooking robot to restaurants with $12M

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

Aniai, a startup that has built a burger-grilling robot, Alpha Grill, said today it has raised $12 million, bringing its total raise to $15 million. The money will go toward launching its first manufacturing facility, Factory One, in South Korea. The firm will also be deploying a cloud-based AI software platform for the robot called Alpha Cloud.

Robot adoption in the restaurant business is becoming popular as it can help restaurants address their high pain points like labor shortages, and rising wage issues. Robotics enables restaurants to save 30% to 70% of labor costs, and restaurants could replace more than 80% of restaurant positions with robots, according to a research report.

“Burger chains hire six to eight kitchen staff per shift to grill burgers,” Aniai CEO Gunpil Hwang said. “Alpha Grill enables restaurants to engage only one staff member to grill burgers.”

Jan 24, 2024

What’s next for robotaxis in 2024

Posted by in categories: business, transportation

In addition to restoring public trust, robotaxi companies need to prove that their business models can compete with Uber and taxis.

Jan 24, 2024

Is Sam Altman Entering The Chip Business?

Posted by in categories: business, robotics/AI

Sam Altman made news again, with reporting from the Financial Times that the OpenAI CEO is engaged in discussions with key Middle Eastern investors and the Taiwanese chip giant TSMC to launch a new chip venture to design and build semiconductors for accelerating AI workloads.

At the heart of this venture is the ambitious plan to develop and fabricate chips integral for training and building AI models, reflecting the growing importance of custom hardware in the rapidly expanding field of AI.

Sam Altman is discussing establishing a new venture to develop specialized chips for AI applications with prominent Middle Eastern investors and Taiwan Semiconductor Manufacturing Co, TSMC.

Jan 23, 2024

Rethinking AI’s impact: Study reveals economic limits to job automation

Posted by in categories: business, economics, existential risks, robotics/AI

The study, authored by five MIT researchers and titled Beyond AI Exposure, delves deep into the practicalities of replacing human labor with AI in the US, focusing on tasks that lend themselves to computer vision, such as those performed by teachers, property appraisers, and bakers.

Like many of us, you might find yourself nodding to a familiar digital doomsday chorus that vibrates through offices and coffee shops alike: AI will take my job!

Continue reading “Rethinking AI’s impact: Study reveals economic limits to job automation” »

Jan 23, 2024

How Businesses can Transform Strategy in an age of Gen AI

Posted by in categories: business, robotics/AI

With AI impact being much discussed at davos, the oliver wyman forum has suggested that workforces must be more aligned in digital strategies to succeed.

Page 3 of 30212345678Last