Lewis Z Liu Cofounder of Eigen Technologies “Benoit Legrand, ING’s chief innovation officer, says the bank is investing, in part, to signal that it is backing the technology. ‘We are signalling that we are committed for the long term and that we have validated the technology,’ he says. ‘Natural language processing will dramatically change the…
Tag: Brandon McGee
Deep Dive: Visual Search As The Next Retail Battleground
“Visual search technologies could help eCommerce brands gain the edge they need to engage customers and — more importantly — make purchases. Studies predict that supporting visual and voice search could boost digital commerce revenues by as much as 30 percent by 2021. A recent study found that 62 percent of Gen Z and millennial…
CEO Satya Nadella’s decision to name Microsoft’s first-ever chief scientific officer shows how AI is key to his master plan to finding the next big market
“Microsoft recently appointed its first-ever chief scientific officer – the latest title to join CEO Satya Nadella’s C-suite. The company promoted Eric Horvitz – a longtime technical fellow and Microsoft Research director – to the role, where he’ll be charged with advising company leaders on scientific matters including “critical areas” such as artificial intelligence.” https://www.google.com/amp/s/usa-today-news.com/news/ceo-satya-nadellas-decision-to-name-microsofts-first-ever-chief-scientific-officer-shows-how-ai-is-key-to-his-master-plan-to-finding-the-next-big-market-msft/amp/
Big Tech Swallows Most of the Hot AI Startups
“An acquisition spree by Apple, Amazon, Facebook, Google and Microsoft eliminated potential rivals and concentrated brain power in this critical field. Last year saw a record 231 acquisitions of AI startups, up from 42 in 2014, according to data from CB Insights.” https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-03-16/big-tech-swallows-most-of-the-hot-ai-startups
AI is an Ideology, Not a Technology
“The usual narrative goes like this: Without the constraints on data collection that liberal democracies impose and with the capacity to centrally direct greater resource allocation, the Chinese will outstrip the West. China’s greatest advantage in AI is less surveillance than a vast shadow workforce actively labeling data fed into algorithms. Under the leadership of…