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Wall Street watchdogs turn to AI: System can scan markets and even chat rooms for rogue traders…

Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

Two exchange operators have announced plans to launch artificial intelligence tools for market surveillance in the coming months and officials at a Wall Street regulator tell Reuters they are not far behind.

Continue reading “‘Siri, catch market cheats’: Wall Street watchdogs turn to A.I” »

On-board processing will give every digital eye a very powerful brain.

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The SpaceX founder has shed more light on his ambitious plans for the Red Planet.

A new centre has opened to study the positive and negative implications of AI and ethical quandaries it poses.

“The rise of powerful AI will be either the best, or the worst thing, ever to happen to humanity,” Professor Stephen Hawking said in Cambridge, at the launch of the Centre for the Future of Intelligence (CFI).

Continue reading “‘Every aspect of our lives will be transformed’ — exploring the future of AI” »

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Artificial intelligence is a “momentous development,” said George Lee, co-chairman of the global technology, media and telecom group at Goldman Sachs.

“As awesome as the internet has been, it will be best remembered as really the predicate for machine learning,” said Lee, who’s also chief information officer of Goldman’s investment banking division. He appeared on CNBC’s “Squawk Alley” on Wednesday from Goldman’s Builders + Innovators Summit in Santa Barbara, California.

The internet enabled computing scale in a network and serves as a way to “collect data that’s used to train all these algorithms,” Lee said, predicting machine learning will “change our world … and even the course of our species in ways that are hard to predict today.”

Continue reading “Artificial intelligence will change the ‘course of our species’: Top Goldman tech banker” »

In Brief:

• At the launch of the Leverhulme Centre for the Future of Intelligence (CFI), the famed scientist warned of a potentially grave future given the rise of AI.
• The work done at CFI could have far-reaching implications for the future of AI, helping shape how the technology is used and regulated.

A London-based startup has combined some of today’s most disruptive technologies in a bid to change the way we’ll build the future. By retrofitting industrial robots with 3D printing guns and artificial intelligence algorithms, Ai Build has constructed machines that can see, create, and even learn from their mistakes.

When CEO and founder Daghan Cam was studying architecture, he noticed a disconnect between small-scale manufacturing and large-scale construction. “On one side we have a fully automated production pipeline,” Cam explained at a recent conference in London. “On the other side we’re completely dependent on human labor.” With the emergence of more efficient printing technologies, he thought there must be a better way.

Continue reading “Give a 3D printer artificial intelligence, and this is what you’ll get” »