Source – deccanchronicle.com The lending ecosystem around the world has been at the centre of significant changes in the last decade. From financial technology disrupting the financial services sector industry with highly efficient and cost-effective processes, to stringent regulations following the 2008 global financial crisis, the growing technological intervention has played a significant role in the Read More
Month: July 2017
Source – yourstory.com Technology-driven automation is omnipresent and pervading our lives like never before. From robots and chatbots to virtual/augmented reality, machine learning, artificial intelligence (AI) and beyond, the physical space is littered with digital influence. The impact of increased automation is already upon us and influencing our lives in all possible ways. Up till now Read More
Source – edsurge.com Don’t doubt it: Machine learning is hot—and getting hotter. For the past two years, public interest in building complex algorithms that automatically “learn” and improve from their own operations, or experience (rather than explicit programming) has been growing. Call it “artificial intelligence,” or (better) “machine learning.” Such work has, in fact, been going Read More
Source – geektime.com We live in a world of chatbots. Chatbots improve human interaction with systems by giving a response based on the user input. This means chatbots are simple automated programs that can process simple user inputs and provide a meaningful output. But with time, chatbots evolved and now are impacting the industries around us. The last decade has been Read More
Source – hotsr.com Today marks the United Nations’ World Day Against Trafficking in Persons, a day focused on ending the criminal exploitation of children, women and men for forced labor or sex work. Between 27 and 45.8 million individuals worldwide are trapped in some form of modern-day slavery. The victims are forced into slavery as sex Read More
Source – thedailystar.net The software made by Cambridge Analytica (CA) is perhaps one of the most controversial and yet most desired in the world now. CA was created in 2013 as a privately-held company that uses data mining and analysis to determine strategic communications to influence the electoral process. It collects personal data from different sources, Read More
Source – financialexpress.com Are we humans or data points? Over the last decade, quantification of human nature has been the primary aim of companies. Instead of understanding human nature, they have invested in simplifying it. Big data has been about extracting the minutest detail to understand consumer patterns and translate them into successful sales models. But Read More
Source – information-age.com Synechron Inc., the global financial services consulting and technology services provider, has announced that nearly 60 financial institutions are set to implement artificial intelligence (AI) technology – with interest spanning across four continents. Currently, 57 financial institutions based in Europe, the US, Middle East and Asia are being helped to adopt AI technology by Read More
Source – techtarget.com Every day, it seems, we read headlines about a new data breach or cyberattack. Then we talk about how to improve cybersecurity to prevent similar attacks from happening in the future. Chief among the issues to address is a lack of security personnel to fill vacant positions: How can we improve security if Read More
Source – ign.com We haven’t quite reached the terrifying sci-fi hellscape described by the Terminator franchise, but researchers at Facebook have brought us just a bit closer to the age of the machines. Recently, they pulled the plug on an artificial intelligence system after it developed its own language. The AI in question was actually designed Read More
Source – dataconomy.com Big Data could not be described just in terms of its size. However, to generate a basic understanding, Big Data are datasets which can’t be processed in conventional database ways to their size. This kind of data accumulation helps improve customer care service in many ways. However, such huge amounts of data can also bring Read More
Source – forbes.com Machine learning is exploding, with smart algorithms being used everywhere from email to smartphone apps to marketing campaigns. Translation: if you’re looking for an in-demand career, setting yourself up with the skills to work with smart machines/artificial intelligence is a good move. With input from Florian Douetteau, CEO of Dataiku, here are some things you can start Read More
Source – jaxenter.com “Microservices Architecture” is now a popular concept in programming. In order to keep up-to-date as a software developer, I’ve been trying to get a good understanding of this architecture. Specifically, I’ve been looking at a better way to implement microservices architecture in Java using Spring. Some background: my company, although great, had a Read More
Source – techrepublic.com Career opportunities in the IT industry are booming in this era of technological advancement and information development. If you were considering jumping into the industry as a data specialist, there is no better time than now. Plus, you can easily get up to speed on the fundamental programs of the trade with The Big Read More
Source – economictimes.indiatimes.com SAN FRANCISCO: Machine learning and AI-based startups can Google for help as the search giant launches its Google Developers Launchpad Studio Accelerator Programme for startups to build and scale their products across the globe. The accelerator programme is targeting startups in all global markets, including India, as well as homegrown players in the Read More
Source – theatlantic.com Elon Musk and Mark Zuckerberg are having a spat about whether or not artificial intelligence is going to kill us all. Musk, the chief of Tesla and SpaceX who has longstanding worries about the potentially apocalyptic future of AI, recently returned to that soapbox, making an appeal for proactive regulations on AI. “I keep sounding the alarm bell,” he Read More
Source – vccircle.com Have you ever thought about what the future holds for us? Self-driven cars, automatically-curated Netflix queues, and an intelligent home that auto sets the temperature are some of the things that come to mind. It is no secret, then, that artificial intelligence (AI) will impact us in myriad ways as technology progresses. A Read More
Source – iamwire.com Finally, after many long winters, spring has come in the field of Artificial Intelligence (AI). Experts believe it’s the “new electricity”. AI influencer and Guru, Andrew Ng has said – “this time the hype around artificial intelligence is real.” Its ubiquity was evident in this year’s Consumer Electronic Show (CES 2017) where “its impact was all-pervasive and its presence could be Read More
Source – cuinsight.com The cost of fraud is rising. According to CNBC.com, fraud and identify theft cost consumers more than $16 billion in 2016 – nearly $1 billion more than in 2015. LexisNexis research cited on chargebacks911.com finds that for each dollar lost to fraud, “online merchants can ultimately expect to lose $2.40 in revenue due to the associated Read More
Source – news.virginia.edu In the mushrooming quantity of data generated by modern society, the University of Virginia sees an opportunity for accomplishing good. UVA’s Data Science Institute serves as a hub around which researchers can probe and analyze massive data sets to glean insight that could help solve thorny problems and improve the quality of life. Read More
Source – searchmicroservices.techtarget.com Containers aren’t a new concept; the first steps toward Linux containers were taken in 1979. Since then, there have been about a dozen new evolutionary steps in container deployment of applications, and we’re not done yet. Containers are also interacting with supporting technologies, like DevOps, and competing ones, like virtual machines (VMs), to create Read More
Source – forbes.com Artificial intelligence wiggled its way into the movie industry decades before it reached business viability. Blockbusters like “The Terminator,” “Star Trek,” and “Iron Man” captivated viewers with futuristic ideas about how AI would change the world. Now that AI is actually influencing the real world, though, business leaders are starting to see that Read More
Source – internetofthingsagenda.techtarget.com Artificial Intelligence is rapidly finding application in a myriad of fields, enhancing both the pace and quality of work. The tasks performed by AI are evolving at such a rapid pace that scientists already fear the rise of machines. That might be far-fetched, but AI does bring along some genuine areas of concern. This is primarily because Read More
Source – moneycontrol.com In the wake of the current tech-driven revolution, employees and employers alike need to be aware and prepared for the changes that automation will soon bring. With the exponential pace at which technology is advancing today, one can expect this shift to have an inevitable impact on the job landscape in India. Due Read More
Source – thehindubusinessline.com HYDERABAD, JULY 26: Data, particularly from countries like India and China, is going to be the raw material for the future economy of the world. Those who have access and control on the data could mint money as mining that data could give valuable inputs. And, if proposals of some member countries of Read More
Source – venturebeat.com Accenture suggests that the core of retail strategy is a 720-degree view of customers — reaching digital natives with rapid focus shift, high expectations, and growing demand for personalization and perks. Successful examples such as Amazon, Macy’s, and Walmart prove that the way to reflect and interpret this view goes through experiment and innovation. In particular, the use of AI Read More
Source – forbes.com The artificial intelligence market is predicted to triple in 2017, becoming a $100 billion industry by 2025. In order to stay competitive, companies are turning to new AI software and solutions in their business operations. For example, Google recently launched an AI-powered job search feature right on its search results page. As a small business owner who Read More
Source – forbes.com If you’re like most people, calling an insurance company isn’t among your favorite activities. That’s because the insurance industry is one of the least innovative areas for customer experience, meaning that customers typically come away from their interactions disappointed and dissatisfied. However, things are definitely changing, and artificial intelligence is playing a large Read More
Source – newelectronics.co.uk In June 2013, Sir Mark Walport and Professor Dame Nancy Rothwell, co chairs of the Council for Science and Technology, sent a letter to then Prime Minister David Cameron entitled ‘The Age of Algorithms’. The letter contained eight recommendations, the sixth of which was the establishment of a National Centre to promote advanced Read More