AI & Robotics

Ensuring regulatory compliance can be expensive for financial services companies. In fact, the average cost nearly doubled from $16 million to $30.9 million between 2011 and 2017, according to one survey. And it’s tough for most to keep up — in 2017, over 900 agencies together issued over 200 regulatory updates each day, on average. Companies like Tookitaki aim to ease the regulatory burden…

Faced with the public furor over problems with artificial intelligence, tech companies and researchers would now have us believe that the big fix for those problems is to develop AI for social good. This proposal is not new; it’s the latest in a long line of bold, mostly overreaching claims about technology’s capability to do social good. In his 2012 book The Master Switch, Tim Wu makes the…

Presented by Intel When it comes to data, AI is like Pac-Man. Hard disk drives, NAS, conventional data center and cloud-based storage schemes can’t sate AI’s voracious appetite for speed and capacity, especially for real time. Playing the game today requires a fundamental rethinking of storage as a foundation of machine learning, deep learning, image processing, and neural network…

The latest McKinsey Global Survey released today found that artificial intelligence is having a positive impact on business outcomes, with 63% of respondents reporting an increase in revenue after adoption of the technology. However, only 30% of companies apply AI to multiple business units, up from 21% last year. Still, overall AI adoption is on the rise — in standard business practices it’s…