Lifeboat Foundation

Artificial intelligence (AI) is a force for good that could play a huge part in solving problems such as climate change. Left unchecked, however, it could undermine democracy, lead to massive social problems and be harnessed for chilling military or terrorist attacks.

That’s the view of Martin Ford, futurist and author of Rule of the Robots, his follow-up to Rise of the Robots, the 2015 New York Times bestseller and winner of the Financial Times/McKinsey Business Book of the Year, which focused on how AI would destroy jobs.

In the new book, Ford, a sci-fi fan, presents two broad movie-based scenarios.

China could soon outlaw all the news media outlets that are not directly funded by the Communist Party. China’s top economic planner has unveiled a new proposal that would bar private investment in news-related entities. China says that it is proposing to ban private investments to control “unlawful news media-related businesses”. Beijing is preparing to exercise greater control over the news industry, which is already heavily regulated. The current crackdown comes in the midst of a campaign by Xi Jinping to limit the power of private businesses.
#ChinaMediaBan #ChinaCrackdown #Xijinping.

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Continue reading “Xi Jinping’s China Plans To Ban Non-Communist Media Outlets In Yet Another Setback To Free Speech” »

There is no doubt that artificial intelligence (AI) is on the cusp of achieving significant disruption across several sectors in the world — one can simply look to companies like American company Alfi (NASDAQ: ALF) which is attempting to revolutionize the ad-tech industry with privacy-conscious AI —. It is becoming a key driver of productivity and gross domestic product growth for many nations and is pushing the boundaries of technology as we know it.

According to a report, the United States leads the AI pack today, with China in a close 2nd and the European Union in 3rd. Out of 100 total available points in the report’s scoring methodology, the United States leads with 44.2 points, China with 32.3, and the European Union with 23.5.

Although it may seem like the U.S. has an unassailable lead, the fact is that China is rapidly catching up and stands today as a full-spectrum peer competitor of the U.S. in many applications of AI.

To fully digitize the last mile of business, you need to distribute compute power where it’s needed most — right next to IoT devices that collect data from the real world.

SparkBeyond, a company that helps analysts use AI to generate new answers to business problems without requiring any code, today has released its product SparkBeyond Discovery.

The company aims to automate the job of a data scientist. Typically, a data scientist looking to solve a problem may be able to generate and test 10 or more hypotheses a day. With SparkBeyond’s machine, millions of hypotheses can be generated per minute from the data it leverages from the open web and a client’s internal data, the company says. Additionally, SparkBeyond explains its findings in natural language, so a no-code analyst can easily understand it.

The product is the culmination of work that started in 2013 when the company had the idea to build a machine to access the web and GitHub to find code and other building blocks to formulate new ideas for finding solutions to problems. To use SparkBeyond Discovery, all a client company needs to do is specify its domain and what exactly it wants to optimize.

“I want to build a transformational technology company that stands the test of time,” Kinsel says.

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Pat Kinsel, 36 started Notarize after selling his previous company, mobile-data collection firm Spindle, to Twitter in 2013 and realizing that the notary had failed to sign his documents. Without the signature, the documents became invalid, despite being stamped, a major headache for Kinsel.

Continue reading “Next Billion-Dollar Startups: How Notarize Built A $760 Million Business In Online Notaries” »

LONDON – ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see its market value climb from $302 billion to more than $500 billion next year, according to two tech investors.

Nathan Benaich, founder and general partner of boutique VC firm Air Street Capital, and Ian Hogarth, who sold his AI start-up Songkick to Warner Music Group, wrote in their annual “State of AI” report Tuesday that Europe’s largest tech company is the little-known “linchpin” in the global semiconductor industry.

Founded in 1,984 ASML provides chip makers with essential hardware, software and services to mass produce patterns on silicon using a method called lithography.

Creating Smart Home Ecosystems — Enabling Health & Well-Being In Every Home — Viren Shah, VP & Chief Digital Officer, GE Appliances, Haier

Mr. Viren Shah is Vice President & Chief Digital Officer, at GE Appliances (GEA — https://www.geappliances.com/), the American home appliance manufacturer, now a majority owned subsidiary of the Chinese multinational home appliances company, Haier (https://www.haierappliances.com/).

Continue reading “Viren Shah — VP & Chief Digital Officer, GE Appliances (Haier) — Creating Smart Home Ecosystems” »

Most organizations successfully stood up with new ways for employees to work remotely or interact with customers far faster than previously thought possible.

But as we transition from focusing on maintaining business continuity toward driving growth, we should not lose sight of the forest for the trees.

The leaps forward companies made in response to the COVID crisis set them up to benefit from virtuous cycles that complement and reinforce each other to turbocharge growth.