AI Blog – Page 9 – Centre for AI Innovation (CE.A.I)

People trust robots more than themselves with money

“2020 has changed our relationship with money and people now trust robots more than themselves to manage their finances, according to a new study by Oracle and personal finance expert Farnoosh Torabi.

The study of more than 9,000 consumers and business leaders in 14 countries found that the COVID-19 pandemic has increased financial anxiety, sadness, and fear among people around the world and has changed who and what we trust to manage our finances. In addition, people are rethinking the role and focus of corporate finance teams and personal financial advisors, according to the research.”

February 11, 2021

Mathematical Models Predict the Recent Political Insurgencies and Suggest Possible Remedies to the Effect of Social Media

“Aimdyn, Inc., an Artificial Intelligence Research Company in California that uses Machine Learning Algorithms in order to make predictions based on big data has found mathematical evidence of correlations between the current large social media platforms’ structure and algorithms, and the increased frequency of political insurgencies like the BLM protests of the last summer and the recent attack on the Capitol.”

February 10, 2021

Facial Recognition Tech Banned for Cops

“THE LOS ANGELES Police Department (LAPD) banned the use of commercial facial recognition apps in November after BuzzFeedNews reported that more than 25 LAPD employees had performed nearly 475 searches using controversial technology developed by the company Clearview Al.” Such incident, another growing public concern relating to police surveillance using facial recognition.

February 9, 2021

By 2023, 30 ‘fully connected’ 5G factories in China will be built

“China aims to build 30 “fully connected” 5G factories in 10 key industries by 2023, as the country has fast-tracked industrial Internet development through integration with 5G technologies. Three to five industrial Internet platforms with international influence will come into being and a big data center for industrial Internet will be established by 2023, said an action plan on industrial Internet development for the next three years, which was unveiled by the Ministry of Industry and Information Technology (MIIT).”

February 1, 2021

Contactless Technologies – A Pivot Due to the Pandemic

“Autonomus sailing, a new concept is taking shape as we see autonomous driving technologies that seem to be expanding from wheeled vehicles to ships.”

January 5, 2021

Scientists seek to Combating Climate Change using AI and Historical Ocean Data

“A dozen scientists from Tara Océan have sailed off the coast of Lorient, France bound for national soil under the the mission “Microbiome-Ceodos” to collect ocean data. These scientists will collaborate with the research “OceanIA”, of the French Institute of Research in Digital Sciences and Technologies (Inria) to use this data collected more than 10 years ago in the fight against climate change.”

January 5, 2021

Factors that may affect 2021 Technology Trends

“Digital technologies such as data analytics and artificial intelligence (AI) will continue to be the backbone of business recovery. According to the Gartner CIO Agenda, information technology (IT) leaders expect an average increase of 2% in the IT budget for 2021, while boards of directors plan to increase IT and technology expenditure by an average of 6.9% across the enterprise. “

January 4, 2021

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October 9, 2020