“Artificial intelligence is transforming all sectors of the economy, but there’s no reason to fear that robots will replace all human employees. In fact, companies that automate their operations mainly to cut their workforces will see only short-term productivity gains, say the authors. Their research, involving 1,500 firms in a range of industries, shows that …

Transformation in the digital space has completely reshaped shopping, online experiences, and even customer expectations in physical stores. The COVID-19 pandemic’s disruption has turned the industry upside down, bringing with it unparalleled technological innovations. It’s important to consider where these innovations are taking us next by identifying the technological trends that have guided us through …

What if we trained AI to complete equations instead of Images of Cats? Remember that shock of seeing some breakthrough for the first time? Like when AI was able to complete black rectangles above with… … Shockingly plausible solutions? That AI was ImageGPT from OpenAI where GPT stands for Generative Pretrained Transformer. Now surely I …

Machine learning is famous for its ability to analyze large data sets and identify patterns. It is basically a subset of artificial intelligence. Machine learning uses algorithms that leverages previous data-sets and statistical analysis to make assumptions and pass on judgments about behavior. The best part, software or computers powered by machine learning algorithms can …

FinTech companies are posing a big threat to traditional banks and are set to replace them. They have gained immense popularity in a short period thanks to their flexible business practices, use of technology, and customer-focused services. Due to this, we are slowly seeing the market share of traditional banks slowly but surely decrease. Meanwhile, …

Scientists in Spain have used artificial intelligence to identify common patterns in road traffic accidents. They used machine learning and artificial neural networks to analyze hours of video footage and thousands of images of life in Madrid and Barcelona. The results suggest most accidents occur on city streets cluttered with features that distract drivers. AI …

Imagine if doctors, nurses, and health care researchers had the ability to interrogate both the healthy and diseased states of a patient’s biology and then use that data to uncover a network of causal relationships between historical, molecular, and other data types to approach treatment or develop the right type of drugs. BERG Health is …

Researchers have changed a game of digital Monopoly to help artificial intelligence adapt to unexpected events. They did this by charging the players a wealth tax every time a player passes ‘Go’, instead of giving them $200. Experiments like this could improve the function of AI in wider-scale, real-life situations, such as the complex assessment …

Earlier, widespread automation meant the introduction of service sector jobs or big stupid machines doing repetitive work in factories. That’s not the case a couple of decades down the line, is it? Now there is software that can land aircraft, diagnose cancer, and trade stocks for you🐱‍👓 Machines are now capable of breaking down complex …

Real-world cases and expert opinions about the present and future of audio deepfakes and AI-powered fraud in particular and how to use AI to build a strong defense against malicious AI. John Dow, the CEO of an unnamed UK-based energy firm, once got a call from his boss that he wishes he’d never answered. Being confident he …