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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.

Executives are hoping computers with humanoid wit can help mere mortals catch misbehavior more quickly.

Google could have a record of everything you have said around it for years, and you can listen to it yourself.

The company quietly records many of the conversations that people have around its products.

The feature works as a way of letting people search with their voice, and storing those recordings presumably lets Google improve its language recognition tools as well as the results that it gives to people.

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Reaction Engines is firming up plans to build a fighter engine-size ground demonstrator of its reusable hypersonic propulsion system.

SABRE is at heart a rocket engine designed to power aircraft directly into space (single-stage to orbit) to allow reliable, responsive and cost effective space access, and in a different configuration to allow aircraft to cruise at high speeds (five times the speed of sound) within the atmosphere.

If the rocket for space is not used then the US air force could use Skylon and SABRE engine technology to develop a 4000 mph hypersonic fighter plane or spy plane.

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The odds that artificial intelligence will enslave or eliminate humankind within the next decade or so are thankfully slim. So concludes a major report from Stanford University on the social and economic implications of artificial intelligence.

At the same time, however, the report concludes that AI looks certain to upend huge aspects of everyday life, from employment and education to transportation and entertainment. More than 20 leaders in the fields of AI, computer science, and robotics coauthored the report. The analysis is significant because the public alarm over the impact of AI threatens to shape public policy and corporate decisions.

It predicts that automated trucks, flying vehicles, and personal robots will be commonplace by 2030, but cautions that remaining technical obstacles will limit such technologies to certain niches. It also warns that the social and ethical implications of advances in AI, such as the potential for unemployment in certain areas and likely erosions of privacy driven by new forms of surveillance and data mining, will need to be open to discussion and debate.

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We always hear how bad Russia is; etc. We never hear about these stories where they helped the US.


A U.S. Air Force surveillance plane making a routine flight over Russia to fulfill a treaty obligation was forced to make an emergency landing in eastern Russia earlier this week after experiencing a problem with its landing gear, a Pentagon spokes person told Fox News.

The unarmed American military plane had Russian officials on board as part of the 1992 Open Skies Treaty, which bounds 34 nations, including Russia and the United States, to allow military inspection flights to ensure compliance to long standing arms-control treaties and to offer greater transparency into each nation’s military capabilities.

“On July 27, a U.S. Open Skies Treaty observation aircraft took off from Russian airfield Ulan Ude to begin a Treaty observation flight but the aircraft landing gear did not fully retract,” Lt. Col. Michelle L. Baldanza, a Pentagon spokes person, said in an emailed statement to Fox News.

You got to luv this one.


The security agency must defend itself in a US appeals court for violating the rights of a convicted bomber by supposedly illegally spying on him.

A US appeals court will weigh a constitutional challenge on Wednesday to a warrantless government surveillance program, brought by an Oregon man found guilty of attempting to detonate a bomb in 2010 during a Christmas tree-lighting ceremony.

The case before a three-judge panel of the 9th US Circuit Court of Appeals is the first of its kind to consider whether a criminal defendant’s constitutional privacy rights are violated under a National Security Agency (NSA) program that allows spying on Americans’ international phone calls and internet communications.