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Category: business – Page 253

Like so many other new technologies, however, AI has generated lots of unrealistic expectations. We see business plans liberally sprinkled with references to machine learning, neural nets, and other forms of the technology, with little connection to its real capabilities. Simply calling a dating site “AI-powered,” for example, doesn’t make it any more effective, but it might help with fundraising. This article will cut through the noise to describe the real potential of AI, its practical implications, and the barriers to its adoption.

What it can — and cannot — do for your organization.

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Wind turbines produced double the amount of power required to meet Scotland’s electricity needs Monday, according to researchers.

Environmental group WWF Scotland said Friday that analysis of data provided by WeatherEnergy showed the country’s wind turbines sent 86,467 megawatt hours of electricity to the National Grid on Monday.

That day, total electricity consumption in Scotland – including homes, industry and businesses – was 41,866 megawatt hours, WWF Scotland said, meaning that wind power produced the equivalent of 206 percent of the nation’s needs.

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VNTANA and Satisfi Labs are collaborating on a hologram concierge platform. The finished product will allow businesses to combine a virtual assistant powered by artificial intelligence with augmented reality visuals.

VNTANA and Satisfi Labs have announced a new platform that will allow businesses to develop a hologram concierge to be used in business. The project fuses artificial intelligence (AI) with augmented reality (AR) technology to produce a 3D persona that can interact with customers.

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In addition to Deloitte, the other remaining big-four accounting firms – including EY, KPMG and PwC – have introduced the technology-driven services in China to businesses ranging from banking, technology, and consumer services.

Mainland based accountants are embracing automation to lower office administration costs and enhance efficiency, moves which are opening the door to a wider embrace of artificial intelligence (AI).

Delixi Electric, a manufacturer of low-voltage electrical products, is banking on robotics to trim time needed for tax invoice issuance by 75 per cent. The Zhejiang province-based company needs to issue more than 5,000 value-added-tax invoices to more than 600 clients nationwide monthly.

A human needs 20 minutes to issue each invoice, which entails information collection, verification and recording. However, the same work can be done in five minutes by a robot, according to Deloitte, the robot supplier.

Continue reading “Robots finds a welcome reception among China’s finance and tax services” | >

The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point, raising questions about the construction of the vast nuclear power station.

The Department for Business, Energy and Industrial Strategy disclosed Monday the results of auctions for state subsidies for three new offshore farms.

Denmark’s DONG Energy won the auction to build Hornsea Two, which will become the world’s biggest offshore wind farm off the coast of Yorkshire in northern England.

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During the recent Longevity and Cryopreservation Summit in Madrid, LEAF board member Paul Spiegel discussed the social ramifications of increased lifespans thanks to emerging technologies. He spoke of the need for society to adapt to deal with longer lives. We invite you to watch the talk he gave and also to read an interview providing deeper insight on the necessary changes in the pension system.

But first, a few words about Paul. Paul graduated cum laude from the University of California, Berkeley in 1979 and from Boalt Hall School of Law in 1983. He has attended Harvard Law School, the University of Paris, Sorbonne, and International Christian University in Tokyo.

Trained in international business law, he worked on Wall Street, on Montgomery Street, and in Tokyo before entering private practice in IP, business, and entertainment law in San Francisco.

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Here’s a people-friendly/business-friendly plan to replace Labor Day with Basic Income Day in America. Your half million dollars is waiting and yours! http://www.businessinsider.com/basic-income-with-federal-lan…2017-7 #FederalLandDividend

Futurist and 2018 libertarian candidate for California governor Zoltan Istvan outlines his plan to give everyone a government kickback from untapped land.

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Our Andromeda interstellar probe article has been featured in MlT Technology Review :

Business Impact.

Femto-spacecraft could travel to alpha centauri.

Earth’s nearest exoplanet twin orbits a star about four light years from here. Now scientists say it’s possible to visit this system in our lifetimes by propelling a tiny spacecraft on the tip of a laser beam.

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    Chinese electronics giant Huawei on Saturday unveiled its first mobile personal assistant with artificial intelligence in Berlin, in hopes it will rival the dominance of Samsung’s Bixby and Apple’s Siri.

    “Smartphones are smart but they are not intelligent enough,” Richard Yu, of Huawei’s Consumer Business Group, said at this year’s IFA electronics fair.

    The mobile assistant, called Kirin 970, will systematically respond to three questions—” the most important combination,” Yu said: Where is the user? Who are they and what are they doing?

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