Business Impact
How the nature of cause and effect will determine the future of quantum technology.
An unprecedented, global-scale test of one of quantum theory’s most counterintuitive predictions sheds new light on the nature of reality and how we can exploit it with quantum technologies.
Government officials, business leaders and academics attending China’s second World Intelligence Congress, abbreviated WIC 2018, envisioned people’s liberation from labor with the help of artificial intelligence.
With the theme “The Age of Intelligence: New Progress, New Trends, New Efforts,” the three-day event began in north China’s Tianjin municipality on Wednesday.
Lin Nianxiu, deputy director of China’s National Development and Reform Commission (NDRC), said at the opening of the congress that the aspirations to make machines more intelligent and liberate human beings from as much labor as possible have been major impetuses driving worldwide technological advances and industrial innovation.
Groundwater being pumped from a highland aquifer, only to be whisked away in tankers and sold in little plastic bottles by a multinational corporation – it’s a difficult concept for a small farming town to swallow.
Just ask the residents of Stanley, Victoria, whose four-year court battle to stop a farmer bottling local groundwater for Japanese beverage giant Asahi ended in failure last month. They were left with a A$90,000 bill for legal costs.
Locals have clashed with the bottled water industry in many parts of the world, including the United States and Canada, and perhaps most famously in the French spa town of Vittel, where residents have accused Nestlé of selling so much of their water to the rest of the world that they barely have enough left for themselves.
Asia-focused English-language publication that brings you insights about business, finance, economic and political newsand analysis for Asia, by Asia on asia.nikkei.com
Pichai’s challenge is to find a way of reconciling Google’s dovish roots with its future. Having spent more than a decade developing the industry’s most formidable arsenal of AI research and abilities, Google is keen to wed those advances to its fast-growing cloud-computing business. Rivals are rushing to cut deals with the government, which spends billions of dollars a year on all things cloud. No government entity spends more on such technology than the military. Medin and Alphabet director Schmidt, who both sit on the Pentagon’s Defense Innovation Board, have pushed Google to work with the government on counter-terrorism, cybersecurity, telecommunications and more.
To win in the business of cloud computing, the company tiptoes into the business of war. Some staff fear it’s a first step toward autonomous killing machines.
With Google’s I/O developer conference kicking off later today, Google is setting the scene for what it expects to be one of the big themes of the event: artificial intelligence. Today, the company rebranded the whole of its Google Research division as Google AI, with the old Google Research site now directing to a newly expanded Google AI site.
Google has over the years worked on a wide variety of other computing pursuits beyond AI, and all of that content will continue to exist within that new site, the company said. But the move signals how Google has increasingly focused a lot of its R&D on breaking new ground across the many facets of AI specifically, from technologies like computer vision, natural language processing, and neural networks, through to applications across virtually any and every business that Google currently and potentially touches, such as video, search and mobile apps, but also healthcare, automotive applications and other verticals.
That’s not just Google reflecting how the wider world of tech is evolving; it’s also a measure of how much Google has influenced it.
Artificial intelligence has the potential to create trillions of dollars of value across the economy—if business leaders work to understand what AI can and cannot do.
In this episode of the McKinsey Podcast, McKinsey Global Institute partner Michael Chui and MGI chairman and director James Manyika speak with McKinsey Publishing’s David Schwartz about the cutting edge of artificial intelligence.
David Schwartz: Hello, and welcome to the McKinsey Podcast. I’m David Schwartz with McKinsey Publishing. Today, we’re going to be journeying to the frontiers of artificial intelligence. We’ll touch on what AI’s impact could be across multiple industries and functions. We’ll also explore limitations that, at least for now, stand in the way.
Continue reading “The real-world potential and limitations of artificial intelligence” »
1. Predictive analytics
Imagine being able to project a customer’s worth as soon as he buys your service. Sounds impossible, right? Well, in the course of our AI-as-triage work, we helped a leading online registry predict the lifetime value of its patrons within a few days of sign-up with 90 percent accuracy. Now, the registry can make more informed decisions about its customer service, delivering as much value as possible to its most loyal users.
Of course, creating a predictive solution requires a complete record of your customer interactions. Building this database takes time, but many of the necessary components are available off the shelf. Even if predictive analytics are a way off for your business, start collecting customer data now so you’ll have it when you decide to tap into AI.
Business Impact
If quantum computers threaten blockchains, quantum blockchains could be the defense.
Quantum computers could break the cryptography that conventional blockchains rely on. Now physicists say a way of entangling the present with the past could foil this type of attack.
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