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Category: robotics/AI – Page 1857

Fintech risk management systems are getting a makeover. By adding machine learning technologies to their traditional rules-based fraud management systems, banks hope that they can do better at catching real criminals while declining fewer legitimate credit card transactions. ML technologies, though, have their own gotchas.

Here and there, although not necessarily everywhere, banks are introducing machine language technologies into their fraud detection systems. Essentially, the objective is twofold: to detect real incidents of fraud quickly and accurately, and to do so while preventing false positives, in which legitimate transactions are wrongly tagged as suspicious.

Large banks have led the way in spending on ML-enabled risk management, says Steven D’Alfonso, a research director at IDC responsible for compliance, fraud, and risk analytics strategies for IDC Financial Insights. Lots of bigger banks plan to expand the artificial intelligence (AI)-enabled fraud detection systems into enterprise-wide decision support systems. Many smaller banks that haven’t yet embarked on ML are expected to follow by signing on for ML managed services.

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We hear it daily — “Launch your drone program!” Uninspired marketing campaigns littered across social media, websites and emails. A detrimental circle of brands mirroring brands, unwittingly stalling the rise of drones. The problem is, as an industry, they’re missing the damn point. Take for example a use case we see all too often — construction. When handheld drills started showing up on jobsites, we didn’t hear Black + Decker say, “launch your drill program!” Why not? Drills are just enablers. They allow workers to do what they were already doing — except better, faster and more efficiently. The breakthrough had little to do with the actual tool itself, and more the new ability to enable faster holes. Drones are no different.

The goal isn’t to “put a drone on every construction site.” Drones are promising new vehicles that have the potential to transform industry, but they also inherently introduce new costs and complexities. The thought of adding new tools, new responsibilities, new certifications and permits, and new burdens to an already complex operation is the exact opposite of what most project managers consider helpful. This might begin to explain why drone service providers today are collectively struggling to grow at any meaningful velocity. We’re creating “launch your drone programs” solutions that make it easier for businesses to own and operate drones, when we should be making the drone invisible, and become laser-focused on the data drones generate and an infrastructure that supports rapid spatial insights.

We need to stop putting drones on construction sites, and start giving the industry the very thing that drones enable — insight. Drones will be on every job site in the next few years, but not as another tool on the tool belt. The project manager isn’t adopting a drone program. They’re adopting a visual insights program that captures a new, historical perspective across their sites. They’re providing situational awareness holistically throughout their organization. They’re making decisions based on the actual state of projects, and the insights affordable by new perspectives and sensors.

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A robotic Japanese cargo ship successfully arrived at the International Space Station Saturday (Sept. 28) carrying more than 4 tons of supplies, including new batteries for the outpost’s solar power grid.

The Japan Aerospace Exploration Agency’s (JAXA) HTV-8 cargo ship pulled up to the space station at 7:12 a.m. EDT (1112 GMT), where it was captured by a robotic arm wielded by NASA astronaut Christina Koch inside the orbiting lab. The station and HTV-8, also known as Kounotori 8 (Kounotori means “white stork” in Japanese), were soaring 262 miles (422 kilometers) over Angola in southern Africa at the time.

“What you all have done is a testament to what we can accomplish when international teams work together towards a common goal,” Koch radioed to NASA’s Mission Control in Houston and flight controllers at JAXA’s Tsukuba Space Center in Japan. “We’re honored to have Kounotori on board, and look forward to a successful and productive mission together.”

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Finally, the future that children of the ’80s want to see is on its way. NASA is working on its very own Transformer — a bot called Shapeshifter, made up of smaller robots which can combine into different configurations to roll, swim, fly, and float.

Shapeshifter is a prototype for exploring Saturn’s moon Titan. Before it ended its mission by burning up in Saturn’s rings, the Cassini probe flew by Titan more than one hundred times, observing the moon which is surprisingly similar to Earth. It has rivers, lakes, and rain, but instead of being made of water, these bodies are made of liquid methane and ethane. On Earth, these are gases, but in the freezing temperatures of Titan, they are liquid. Cassini collected mapping data of the surface, and scientists have been keen to discover more since then.

“We have very limited information about the composition of the surface [of Titan],” Ali Agha, Principal Investigator at NASA’s Jet Propulsion Laboratory (JPL), said in a statement. “Rocky terrain, methane lakes, cryovolcanoes — we potentially have all of these, but we don’t know for certain. So we thought about how to create a system that is versatile and capable of traversing different types of terrain but also compact enough to launch on a rocket.”

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(VATICAN CITY) — Pope Francis on Friday warned tech company executives, diplomats and financiers that the race to create artificial intelligence and other forms of digital development pose the risk of increasing social inequality unless the work is accompanied by an ethical evaluation of the common good.

Francis addressed a Vatican conference that brought government envoys and Facebook and Google representatives together with philosophers, physicists and ethicists. A smattering of academics and Catholic bishops rounded out participants at “The Common Good in the Digital Age” conference.

The three-day gathering is the latest evidence of the Vatican wanting a place in the debate over the prospects and perils of artificial intelligence.

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The rise of killer robots is now unstoppable and a new digital Geneva Convention is essential to protect the world from the growing threat they pose, according to the President of the world’s biggest technology company.

In an interview with The Telegraph, Brad Smith, president of Microsoft, said the use of ‘lethal autonomous weapon systems’ poses a host of new ethical questions which need to be considered by governments as a matter of urgency.

He said the rapidly advancing technology, in which flying, swimming or walking drones can be equipped with lethal weapons systems – missiles, bombs or guns – which could be programmed to operate entirely or partially autonomously, “ultimately will spread… to many countries”.

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Well, it’s sound weird but in the upcoming future, your toilet will be your mini doctor. A company called Micron is developing a smart artificial intelligence-powered toilet that will reportedly be able to diagnose your state of health and risk of disease by analyzing your bodily waste.

The major goal of this technology is to analyze bowel movements and recognize the signs for health issues or ailments early on. This information will also use to understand early symptoms of certain diseases.

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Elon Musk has once again issued a stark warning over his fears about the rise of artificial intelligence.

The Telsa CEO shared a pair of tweets today that stated it will not be long until ‘advanced AI’ manipulates social media.

Musk has suggested sites closely watch to see if bot swarms are evolving faster, as this could be a dead giveaway of a robot takeover.

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