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It is our common responsibility and interest to disseminate openly and honestly not only our success but also our failures. Together, we can realize our dreams for numerous robotic applications and devise a realistic plan to develop them.


The problem, as Giulio Sandini put it, occurs when one sells (or buys) intentions as results. Overselling is a dangerous strategy that can be counterproductive, even for the whole robotics community. Both companies and researchers publish videos of robots doing tasks, but sometimes they fail to point out the limitations of the technology or that those results were achieved in lab conditions. This makes it much more difficult to explain to non-roboticist industry executives the difference between creating a one-off demo and creating a real product that works reliably.

Deep learning, for example, is at the forefront of the AI revolution, but it is too often viewed as the magic train carrying us into the world of technological wonders. AI researchers are warning about overexcitement and that the next AI winter is coming.

The first cracks are already visible, as is the case of the promises claimed for self-driving cars. Rodney Brooks, founder of Rethink Robotics, regularly writes relevant essays on this topic on his blog. Robot ethics professor Noel Sharkey wrote an article in Forbes titled “Mama Mia It’s Sophia: A Show Robot or Dangerous Platform to Mislead?Tony Belpaeme, a social robot researcher from the University of Ghent, replied with a tweet, “I had [a European Union] project reviewer express disappointment in our slow research progress, as the Sophia bot clearly showed that the technical challenges we were still struggling with were solved.”

Deep Science AI made its debut on stage at Disrupt NY 2017, showing in a live demo how its computer vision system could spot a gun or mask in CCTV footage, potentially alerting a store or security provider to an imminent crime. The company has now been acquired in a friendly merger with Defendry, which is looking to deploy the tech more widely.

It’s a great example of a tech-focused company looking to get into the market, and a market-focused company looking for the right tech.

The idea was that if you have a chain of 20 stores, and 3 cameras at each store, and people can only reliably keep an eye on 8–10 feeds at a time, you’re looking at a significant personnel investment just to make sure those cameras aren’t pointless. If instead you used Deep Science AI’s middle layer that highlighted shady situations like guns drawn, one person could conceivably keep an eye on hundreds of feeds. It was a good pitch, though they didn’t take the cup that year.

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Canada’s billionaire power couple, Gerald Schwartz and Heather Reisman, have donated C$100 million ($75 million) to the University of Toronto for an artificial intelligence complex.

The gift, from the duo behind private-equity firm Onex Corp. and Indigo Books & Music Inc., is the largest in the university’s history and biggest for Canada’s technology sector, said the academic institution. It will be used to build the Schwartz Reisman Innovation Centre starting this year.

“You’ve seen companies like Uber and Google and so many others starting to make real commitments to Toronto, and this is drawing people from around the world to come to Toronto to be part of this,” Schwartz, Onex’s founder and chief executive officer, said in an interview at Indigo’s headquarters in the city. “That legacy is going to last for a long time.”

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By Rohit Talwar, Steve Wells, April Koury, and Alexandra Whittington

Image https://pixabay.com/images/id-4045661/ by geralt is licensed under CC0

Can human roles in retail survive the relentless march of the robots? Much of the current debate on automation focuses on the possible demise of existing jobs and the spread of automation into service and white-collar sectors – and retail is certainly one industry poised to follow this automation path in pursuit of the next driver of profits. From the advent of the steam engine and mechanisation of farming, through to the introduction of personal computing — jobs have always been automated through the use of technology. However, as new technologies have come to market, human ingenuity and the ability to create new products and services have increased the scope for employment and fulfilment. Retail has enjoyed enormous benefits from technology tools, but has the time come when automation poses a threat to jobs? Here we present two possible scenarios for retail 2020–2025: one where automation eliminates the majority of retail jobs and a second which sees the emergence of new paid roles in retail.

Scenario One: Robo-Retail Rules

Today’s efforts in AI are somewhat less flashy, though still potentially revolutionary, and all seem to recognize one vital lesson: treating patients is both art and science. Rather than attempting to replace the physicians in medical practice, AI can, and should, say more experts, become a valuable tool in enhancing what doctors do.


Here’s where AI in medicine excels — and where it doesn’t yet measure up.

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Hot off the press…


Barnes & Noble Press releases a new non-fiction book The Syntellect Hypothesis: Five Paradigms of the Mind’s Evolution by Alex M. Vikoulov as Hardcover (Press Release, San Francisco, CA, USA, March 22, 2019 11.00 AM PST)

Named “The Book of the Year” by futurists and academics alike, “# 1 Hot New Release” in Amazon charts in Physics of Time, Phenomenology, and Phenomenological Philosophy, the book has now been released by Barnes & Noble Press as hardcover in addition to ebook and paperback released earlier this year. In one volume, the author covers it all: from quantum physics to your experiential reality, from the Big Bang to the Omega Point, from the ‘flow state’ to psychedelics, from ‘Lucy’ to the looming AI Singularity, from natural algorithms to the operating system of your mind, from geo-engineering to nanotechnology, from anti-aging to immortality technologies, from oligopoly capitalism to Star-Trekonomics, from the Matrix to Universal Mind, from Homo sapiens to Holo syntellectus.

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Software engineer Zhang Yiming started out producing apps for sharing jokes before focusing on news aggregation. That pivot proved lucrative.

The 35-year-old founder of Bytedance Ltd. is worth about $13 billion, according to the Bloomberg Billionaires Index, making him China’s 9th-richest person and one of the fastest in modern times to amass a mega-fortune. The business, founded in 2012, has more than 1 billion active monthly users across eight mobile apps, including a news aggregator powered by artificial intelligence and a video-sharing platform.

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One of the birthplaces of artificial intelligence, MIT, has announced a bold plan to reshape its academic program around the technology. With $1 billion in funding, MIT will create a new college that combines AI, machine learning, and data science with other academic disciplines. It is the largest financial investment in AI by any US academic institution to date.

New school: The new college of computing is being built with $350 million in funding from Stephen A. Schwarzman, the CEO and cofounder of Blackstone, a private equity firm. Schwarzman has already donated billions to other institutions for studying issues related to AI. MIT’s new Stephen A. Schwarzman College of Computing will create 50 new faculty positions and numerous fellowships for graduate students. The school will open next September and will be housed in existing buildings at MIT before moving to its own space, expected in 2022.

Data everywhere: Data and computing are already having a major impact on disciplines like the humanities, and machine learning and AI may have an even bigger one. Rafael Reif, the president of MIT, said in an announcement that the new approach was necessary because of the way computing, data, and AI are “reshaping the world,” and he added that students and researchers will be taught to use AI in their disciplines from first principles, instead of dividing their time between computer science and other departments. “Computing is no longer the domain of the experts alone,” Reif said. “It’s everywhere, and it needs to be understood and mastered by almost everyone.”

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In this week’s Mr Futurist Podcast, I will discuss, Is a Universal Basic Income (UBI) a good idea for the US?

Why the Southern United States is headed for a deep economic crash? What US industries will be the most impacted by business automation? Why will automation affect white collar jobs first? Is the US Becoming a Third World Country? How would a Universal Basic Income (UBI) impact large US companies? Illiteracy in the US. Could we have a Great Technological World-Wide Depression? All this and more in this podcast!


Mr Futurist Podcast – Should We Have a Universal Basic Income (UBI) in the US? Get my weekly podcast/article on business automation, AI and advancing technology and how it can and will affect your company, your job and career. The Right Knowledge is a Powerful thing! This weeks podcast transcript: This week’s article will be on the dark side. I promise by the end, I will flip this around and offer solutions, and make what appears to be something gloom and doom, have a possible happy ending. Having studied artificial intelligence and business automation for the last couple of years. I believe the unemployment numbersRead More →

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