Two exchange operators have announced plans to launch artificial intelligence (AI) 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.Read more
With the many meteoric victories artificial intelligence has scored in the recent past, it’s easy to forget the story line has basically been one of evolution rather than revolution. The deep neural networks upon which the likes of Apple’s Siri and Google Now are built have been in existence since at least the late 1950s, when the Frank Rosenblatt pioneered a multi-layer neural network called the perceptron and suggested additional layers with mathematical notations.Read more
When gaming app Pokémon GO took over this summer, augmented reality (AR) was really thrust into the mainstream. After becoming the most successful U.S. mobile game ever, the app’s popularity inevitably declined. However, according to Newzoo, the game is still making $2 million per day, and is the fastest game ever to reach $600 million in revenue, which it did in just three months.Read more
Manish Bhatia, a 29-year-old IT worker in New Delhi, recently married. To make some extra cash to support his new lifestyle, he knows where to turn: completing tasks on Amazon’s Mechanical Turk, an online marketplace for chores that are done by people sitting in front of a computer.Read more
And so it begins. Last week we experienced the first security attack publicly and widely attribute to the Internet of Things (IoT).
This day has been a long time in coming. It’s really far from the first IoT security breech mind you, but this is the first one that affected a wide group of people and received major press as an Internet of Things attack.Read more
3D printing is in a bit of a doldrums. The novelty has worn off and the limited utility of the technology has been made clear. The bloom is especially off the rose of home 3D printing thanks to slow improvements in the actual technology involved in squirting plastic into clever shapes. There are only so many Yoda heads you can print before the 3D printer starts collecting dust.Read more
Time to put the blockchain hype to the test. After a year of promises that the technology would revolutionize Wall Street, anyone can now download an entire blockchain specifically built for financial services.
Chain, the San Francisco-based startup that’s working with Visa Inc. and has made a presentation on the benefits of blockchain to Federal Reserve Chair Janet Yellen, just released to the public the 30,000 lines of open-source code that make up its Core Developer Series.Read more
The use of camera drones has been made illegal in Sweden unless they are granted a special surveillance permit. Under new rules set down by the Supreme Administrative Court of Sweden, camera drones qualify as surveillance cameras and require a licence.Read more
Tesla CEO Elon Musk announced its new cars will come with hardware that allows them to be fully autonomous — but the company won’t consider itself legally liable if its driverless cars get in a crash.
“I think that would be up to the individual’s insurance,” Musk said. “If it is something endemic to our design, certainly we would take our responsibility for that.”Read more
IN the summer of 1956, a remarkable collection of scientists and engineers gathered at Dartmouth College in Hanover, New Hampshire. Among them were computer scientist Marvin Minsky, information theorist Claude Shannon and two future Nobel prizewinners, Herbert Simon and John Nash.Read more
When carpooling service Amovens added a peer-to-peer car rental option in 2015, David Jurado didn’t hesitate to try it. The Seville native who lives in Madrid had frequently used Amovens and BlaBlaCar to find passengers who could split the costs of fuel and tolls on longer trips.Read more