It’s no mystery that the majority of corporations already view AI as a must-have competitive tool in the race toward market leadership. As industry after industry has felt the critical impact of AI-driven disruption, companies large and small have made AI programs a top priority, using it to enable everything from highly automated and efficient warehouses, to customizing client service, to delivering pizzas. It was only a matter of time before our government saw the light. This week, Presid...Learn More
Artificial intelligence—or AI—is either poised to save the world… or destined to doom it. It all depends on who you talk to on any given day. Proponents of AI see emerging technologies such as machine learning and big data mining as the key to a future in which life is easier, smarter, and faster. Naysayers fear economic disruption, unemployed workers, and a world that puts machines in control. Like religion, it’s a debate that is nearly impossible to win. The reason? AI wil...Learn More
Guest post by J.H. Cullum Clark, Director, Bush Institute-SMU Economic Growth Initiative and an Adjunct Professor of Economics at SMU While it’s impossible to be certain about what artificial intelligence (AI) will mean for our economic future, history offers hints for what it may hold. Will AI cause mass unemployment? No. New technologies have always enabled the economy to produce existing products with fewer workers, freeing up people’s resources for new products and...Learn More
Artificial intelligence, virtual assistants, and humanoid robots took over the Superbowl this year in what seemed like a bot per commercial break. People certainly took notice in both the living space and the digital realm with commentary on the undeniable trend. These spots combined have racked up over 50 million views on Youtube alone - Amazon's attributing for 38 million of that thanks to its impressive celebrity lineup. From Pringle-lusting to beer-loving, it’s safe to say that brands ...Learn More
Heading into 2019, investors are being plagued by a laundry list of concerns. And while many of the major issues worrying the market have been addressed (the perception of complacency has been flushed out; interest rates are heading back to normal; and Powell has given doves hope even while signaling lower growth, pending inflation, and the need to be data dependent), now is the time to focus on investing—and staying invested—in the future growth of what has been called the most important ...Learn More
It wasn’t long ago that artificial intelligence was considered a futuristic pipe dream. Novels, films, and television shows have been serving up images of an AI-driven world for decades. Fiction authors like Neal Stephenson and Isaac Asimov painted a picture of a world in which whoever controlled technology and AI controlled the world—including the resources and, more importantly, the people. I have to wonder if Stephenson or Asimov had any inkling how accurate their visions would be—or ho...Learn More
Any experienced investor knows that a down market isn’t something to dread. In fact, if you’re investing for the long term, it’s something to celebrate. If today’s market has you wondering where to invest to help bolster your portfolio down the road, one of the most exciting places to look is robotics, automation, and AI (RAAI). What’s happening in RAAI today can feel like it’s been plucked straight out of a science fiction fantasy. But make no mistake: these innovations are 100% ...Learn More
By Henrik Christensen, PhD, Qualcomm Chancellor's Chair in Robot Systems, Director Contextual Robotics, UC San Diego For some, investing in artificial intelligence feels like banking on the unknown. The concepts behind AI can range from sounding futuristic to downright fictional. And yet, when you break down AI and explore the core technologies that drive it, look at what they are delivering today, and then consider what they are capable of delivering tomorrow, it’s suddenly quite easy...Learn More
An interview with Henrik von Scheel, the originator of the Industry 4.0, by Richard Lightbound, ROBO Global. If you’ve ever spent time on an angry sea, you’ve seen first-hand just how powerful a fast-changing storm can be. Industry 4.0, or the fourth industrial revolution, is the biggest storm to come ashore in our history. And of the three waves of this storm, the second—which is happening now—is transforming the world as we know it. And it’s all rooted in Artificial Intelligence. ...Learn More
By Daniela Rus, PhD, Director of MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) Autonomous vehicles—or AVs—have not had an easy ride. Few doubt the extraordinary potential of self-driving vehicles. As Lawrence D. Burns, GM’s past tech exec and consultant on Google’s driverless cars, states in his just-released Autonomy: The Quest to Build the Driverless Car, self-driving cars “will transform the way we live, the way we get around, and the way we do busi...Learn More
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