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.
Category: business – Page 301
“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.”
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.”
Kornai points to advances in algorithm-based medical diagnostics, autonomous cars and military technology as some other areas where artificial intelligence is already at work and poised for further growth. While that growth is presented as a good thing, he believes the subtle infiltration of AI has many people missing the larger picture.
“We are seeing an uptick in medical decisions by algorithms and I’m not opposed to this, as it’s important to have the best possible information in the medical world. And in 10 or 15 years autonomous vehicles will be a big deal,” Kornai said. “In military technology, drones are generally human controlled, but there is intense research toward autonomous ground or air vehicles that will work even if someone is trying to cut off their communication. This is not the future, this is here now.”
According to Kornai, since algorithms are based on statistics, the problem with algorithm-based advances in those areas is the level of error that is inherent to the system. That built-in error may not be able to cause bodily harm, he said, but it can still cause havoc to humanity as a whole.
“A certain amount of error is built into the system in every level of AI. Things work on a statistical basis and they have errors but, on the whole, that’s innocent,” he said. “Algorithms are not capable of hurting people directly. But once it comes to money or it comes to your health or your legal standing, (the potential for errors) is becoming increasingly serious.”
In spite of most people’s image of the future of artificial intelligence, that danger is significantly different than the perils depicted on the big screen, Kornai said. To illustrate that point, he highlighted the gap between algorithmic AI and the state of robotics. While technology has already developed a chess algorithm that can beat the best chess players in the world, a ping-pong playing robot that can beat the world’s best table tennis player has yet to materialize.
“The primary worry is everyday, ubiquitous algorithms, the kind of algorithms that are already around us, posing huge damage,” Kornai said. “This isn’t the Terminator coming along and killing humans. That’s more science fictional.”
Looking to the future, Kornai sees AI making the biggest inroads in the business world. Again, he noted that use of those everyday algorithms may not be widely noticed, but their impact will be significant.
“In the business world today, it’s much easier to start a company and those companies will increasingly be driven by AI,” he said. “Eventually, AI will play a bigger role in the boardroom. It may not be visible to the man on the street, but it will be very visible to the Fortune 500.”
That said, however, there are still broader risks ahead as AI advances, and Kornai said he generally agrees with the concerns that have been voiced of late by Hawking, Gates, Musk and others. Those perils might not jibe with Hollywood’s idea of them, but the effects will still be notable.
“These guys see what’s going on and are doing some far-sighted (thinking). Far-sighted is not science fictional,” Kornai said. “Far-sighted is thinking ahead maybe 10, 15 or 25 years ahead. We’re not talking about affecting our grandchildren, but things that will affect us and increasingly affect our children and grandchildren.”
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.”
Click on photo to start video.
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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“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.””
“SpaceX on Oct. 16 said it had changed its Falcon 9 return-to-flight plans and would first launch 11 small Orbcomm messaging satellites into low Earth orbit, and then test reignition of the rocket’s redesigned second-stage engine during the same flight before launching SES’s heavier telecommunications satellite into higher orbit, a mission that will need the reignition capability”
UK pedestrians in Chesham will experience a first when they stroll around. Virgin Media is behind the initiative of a Smart WiFi Pavement, to provide people with Wi-Fi access. Residents will be able to “streetsurf,” according to the news release. Virgin Media is a provider of all four broadband, TV, mobile phone and home phone services in the UK.
The company is out to make a name in improving out-of-home connectivity. The Virgin Media news release said, “Chiltern District Council and Virgin Media have joined forces to blanket Chesham’s high street with superfast WiFi. The unlimited WiFi service is available to residents, businesses and visitors passing through the center of Chesham; the service even covers parts of Lowndes Park – Chesham’s 36 acre park space.” The pilot is available to all the 21,000 residents and businesses of Chesham.
Speeds of up to 166Mbps are highlighted; the number is seven times the average UK broadband speed.
The Transhumanist Party is 1-year-old today:
On October 7th, 2015, the Transhumanist Party will reach its first birthday. Started as way to introduce forward thinking and futurist politics into government, the party has caught on around the world and now has over a dozen national parties. The motto of the Transhumanist Party in America is: Putting Science, Health, and Technology at the Forefront of US Politics.
The Transhumanist Party in the US is by far the largest and most visible of all the international parties and has wracked up an impressive amount of media coverage. In just the last few months, the party has been featured all over the world, including in the BBC, USA Today, Popular Science, CNET, Le Monde, Reason, Fox News Channel, Financial Times, Vice, Yahoo! News, MSN, The Huffington Post, Esquire, ARTE, Business Insider, Vox, The Telegraph, National Review, BuzzFeed, Gizmodo, and dozens of others places.