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The European Commission’s High Level Group on AI announced the launch of a pilot project that would work on drafting ethical rules for artificial intelligence. These rules would be used in the development and application of AI technology in order to ensure that they can be implemented in practice. Read the recently released report below to learn everything about this new development and how AI in regards to ethics will impact you.
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 📷Quantum bit/Spencer Lowell The challenges faced by the finance sector are becoming more complex, riskier and dangerously unpredictable (2008 financial crisis). Quantum computing is one way to possibly address these problems. It could enable financial institutions to exponentially increase the speed of transactions. With this in mind, researchers (Feb 2019) - Woener, Egger) at IBMQ have demonstrated a quantum algorithm that estimates risk, e.g. for portfolios of financial assets, resulting in a quadratic speed-up compared to classical Monte Carlo methods. This is useful ongoing research with significant future implications once the hardware (e.g more qubits) is commercially ready with many betting that could happen soon. Quantum computing is technology based on the principles of quantum theory, which explains the nature of energy and matter on the atomic and subatomic level. It relies on the existence of mind-bending quantum-mechanical phenomena, such as superposition and entanglement.
📷IDC Herzliya In most cultures, greeting is regarded as such an important social feature with a deep emotional and psychological effect. The Greeting Machine is a minimalist robot, with extremely limited function and features that research (Jun 2018) - Bashan, Erel et al.) shows may improve well-being by adding short, positive social encounters to everyday life. Social robots tend to be very focused on functionality. Minimal gestures however, can lead to a wider adoption of low cost and complexity non-humanoid robots. Minimal gestures can also be added to Internet Of Things (IoT) devices and home assistants adding to the social aspect of existing smart objects.
📷thispersondoesnotexist Artificially produced images of non-existent people by a GAN (generative adversarial network) following improvements in Style-based GAN Research (Dec 2018) - Karas et al. (Original GAN Research (2014) - Goodfellow et al.) This particular StyleGAN was created by Nvidia and it's official TensorFlow implementation for the named paper is available on GitHub. GAN's such as this one have the possibility of being used to create realistic 3D models for use in advertising and other branding opportunities. They also might help develop full virtual worlds using automated methods instead of hard coding.
📷 Minjoon Jung/J2MN As an emerging technology, drone design is maturing and some manufacturers are focusing more on a minimalist customizable aesthetic approach so that the technology may become more precise, applicable and attractive for different scenarios and end users. This conceptual 'WWWing' drone is created by industrial designers J2MN and is compact, capsule-shaped and features a built in app-enabled camera for easy control from your smartphone. Attachments simply snap onto the hub allowing for versatile functionality. It is designed with minimal and simple usability for both professional and amateur users.
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