RBC launches its first AI stock trading program

Photographer: Stephanie Foden/Bloomberg
  • “Royal Bank of Canada is launching an artificial intelligence-based electronic-trading platform to clients around the world
  • Aiden was jointly developed by RBC Capital Markets and the Borealis AI research center, which is backed by the bank and led by inventor Foteini Agrafioti.”

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-10-14/rbc-rolls-out-ai-based-trading-platform-to-global-clients

The Link Between Artificial Intelligence Jobs and Well-Being

  • “CNBC/SurveyMonkey Workplace Happiness survey from October last year, 37% of workers between the ages of 18 and 24 are worried about AI eliminating their jobs.
  • But a recent study from two researchers affiliated with the Stanford Institute for Human-Centered Artificial Intelligence (HAI) challenged this public perception about AI’s impact on social welfare.
  • They found that, between 2014 and 2018, cities with greater increases in AI-related job postings exhibited greater economic growth.
  • They found that AI-related job growth – mediated by economic growth – was positively associated with improved state of being, especially for physical, social, and financial components.”

https://hai.stanford.edu/blog/link-between-artificial-intelligence-jobs-and-well-being

The Next Generation Of Artificial Intelligence

  • “Three emerging areas within AI that are poised to redefine the field—and society—in the years ahead.
  • Unsupervised Learning – is an approach to AI in which algorithms learn from data without human-provided labels or guidance.
  • Federated Learning – Rather than requiring one unified dataset to train a model, federated learning leaves the data where it is, distributed across numerous devices and servers on the edge. Instead, many versions of the model are sent out—one to each device with training data—and trained locally on each subset of data.
  • Transformers – Transformers’ great innovation is to make language processing parallelized: all the tokens in a given body of text are analyzed at the same time rather than in sequence.”

https://www.google.com/amp/s/www.forbes.com/sites/robtoews/2020/10/12/the-next-generation-of-artificial-intelligence/amp/

The Responsible Innovation Framework For The Age Of AI

“This framework is not rocket science. It’s a reframing. The external variables or stakeholders are defined, not as pressures as we are taught in business schools, but as influences. You have to be viable economically for you to sustain and prosper, yes. You interpret and answer to the legal and policy requirements. And then there is self-regulation, the norms, the culture. This is what I am really focusing on. With innovation and technology, this is the part that is most fluid and critical. Because we are constantly in motion, making choices and decisions.”

https://www.google.com/amp/s/www.forbes.com/sites/junwu1/2020/10/08/the-responsible-innovation-framework-for-the-age-of-ai/amp/

The future of mobile AI

“In “Women leading the future of mobile AI,” a video series sponsored by Qualcomm Technologies, MIT Technology Review CEO Elizabeth Bramson-Boudreau explores the latest AI advances on software tools, mobile platforms, and algorithmic advancements with five women experts, all determined to make AI performance and power efficiency a reality.”

https://www.google.com/amp/s/www.technologyreview.com/2020/10/07/1009081/the-future-of-mobile-ai/amp/