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MIT has just announced a $1 billion plan to create a new college for AI

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.”

Should We Have a Universal Basic Income UBI in the US?

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 →

These drones plant trees

Climate change is a sprawling, complex problem. But there is an astonishingly simple way to make a difference: plant more trees. Trees scrub pollution from the air, reduce erosion, improve water quality, provide homes for animals and insects, and enhance our lives in countless other ways.

It turns out that ecosystem restoration is also an emerging business opportunity. A new report from the World Resources Institute and the Nature Conservancy says governments around the world have committed to reviving nearly 400 million acres of wilderness — an area larger than South Africa. As countries push to regrow forests, startups are dreaming up new, faster ways to plant trees. For some innovators, like NASA veteran Dr. Lauren Fletcher, that means using drones.

Fletcher said his conversion from stargazer to eco-warrior was driven by his worry about climate change, which has been dramatically worsened by deforestation. To tackle the problem, he created BioCarbon Engineering, which he describes as an ecosystem restoration company. Working with colleagues, he came up with a 30-pound unmanned aerial vehicle nicknamed “Robin.” It can fly over the most rugged landscapes on earth, planting trees in precise locations at the rate of 120 per minute.

Unmanned Systems Grow in European Agriculture

Unmanned systems’ global inroads are including European agriculture. GNSS for precision guidance of tractors and harvesters is already in place. More recent innovations include fully driverless and smart systems, while drones remain poised to fly.

The experience of one Dutch company is instructive. Precision Makers is an up-and- coming manufacturer of automated farm systems. The company delivers two main products. One, a conversion kit called X-Pert, turns existing mowers and tractors into driverless machines. The other is a fully robotized, unmanned vehicle called Greenbot. Both systems enable automated precision operations, but while one has been successful in terms of sales, the other has not.

Precision Makers Business Development Director, Allard Martinet, told Inside Unmanned Systems, “Sales of our X-Pert conversion system have been very good. We started in 2008, first converting the Toro golf course mower, and then we expanded that into solutions for other vehicles. Today, there are more than 150 X-Pert converted vehicles running.”