Bill Franks of the International Institute for Analytics recently opined, “In recent years, the use of the term Machine Learning has surged. What I struggle with is that many traditional data mining and statistical functions are being folded underneath the machine learning umbrella. There is no harm in this except that I don’t think that the general community understands that, in many cases, traditional algorithms are just getting a new label with a lot of hype and buzz appeal. Simply classifying algorithms in the machine learning category doesn’t mean that the algorithms have fundamentally changed in any way.” Read more
Posts Tagged ‘artificial intelligence’
Martin Hack, CEO and co-founder of machine learning company Skytree, has a prediction to make: “In the next three to five years we will see a machine learning system in every Fortune 500 company.” In fact, he says, it’s already happening, and not just among the high-tech companies in that ranking but also among the “bread and butter” enterprises.
“They know they need advanced analytics to get ahead in the game or stay competitive,” Hack says. For that, he says, they need machine learning algorithms for analyzing their Big Data sets, and they need to be able to deploy them quickly and easily — even if those who will be doing the deployments are coming from at best a background of basic analytics and business intelligence.
“There just aren’t enough data scientists to go around,” he says. It’s very tough to fill those roles in most companies, he says, “so like it or not, we have to make it much, much easier for people to digest and use this.”
Hong Kong, Hong Kong (PRWEB) April 03, 2014–Ipselex, until now a secretive Hong Kong artificial intelligence company, today announced the launch of its web platform. The platform offers API-like access to a brain in the cloud that has taught itself to understand and make predictions about patents and patent applications.
Combining state of the art natural language processing with neural network technology designed to simulate a human brain, the AI at the core of Ipselex has learned what makes a good patent through a mix of self-study and guidance from an experienced patent attorney. It can, for example, analyze products for infringement and, in certain industry sectors, estimate the likelihood that a given patent application will be granted. Read more
Gadjo Cardenas Sevilla of the Calgary Herald recently wrote, “Apple’s Siri intelligent personal assistant has been around for nearly four years and standard on iOS devices for three years. The peppy and often humorous artificial intelligence has evolved in terms of features and the number of services it can access. Siri is also getting some stiff competition from Google Now, which along with answering user-initiated queries like Siri, it also passively delivers information to the user by way of visual flash cards… Named after a character in Microsoft’s popular Halo video game franchise, the Cortana personal assistant is expected to come to Windows Phone devices, Xbox and possibly tablets in April… A recent leak with details and screenshots of BlackBerrys upcoming BB 10.3 operating system, reveals that the company formerly known as RIM has been working on an Intelligent Assistant feature to rival Siri and Google Now.” Read more
Ron Callari of Inventor Spot recently wrote, “It’s hard to say, looking twenty to thirty years into the future, just how different the digital landscape will look. Semantic Technology, Augmented Reality, Virtual Reality and Web 3.0 are presently only toddling along in their infant stage. What they will look like in the next few decades is only guesswork on our part. However if we were pressed to gamble on the outcome, a smart man’s wager might be that the last two digital super powers left standing will be Google and Facebook [with the possible exception of China]. A CNN Money report describes this evolution as analogous to the ‘Cold War,’ to conjure up imagery of what transpired between America and the Soviet Union, post World War II.” Read more
Dominic Basulto of The Washington Post recently wrote, “For more than 50 years, we’ve been hearing about the promise of artificial intelligence and intelligent machines, but most of the big success stories to date – the IBM Watsons of the world – have been the result of massive efforts by universities and corporate R&D labs rather than by emerging start-ups. That could change soon, as artificial intelligence shows signs of becoming the next big trend for tech start-ups in Silicon Valley. First of all, there’s the anecdotal evidence about deals getting done for promising new AI startups. One of the most talked about VC deals in March, for example, was a $40 million round for Vicarious FPC, an artificial intelligence company that had so much hype around it that the biggest names of the tech world – including Mark Zuckerberg and Elon Musk (and Ashton Kutcher) – lined up to participate.” Read more
The Times of India recently wrote, “Who needs an army of lawyers when you have a computer? When Minneapolis attorney William Greene faced the task of combing through 1.3 million electronic documents in a recent case, he turned to a so-called smart computer programme. Three associates selected relevant documents from a smaller sample, ‘teaching’ their reasoning to the computer. The software’s algorithms then sorted the remaining material by importance. ‘We were able to get the information we needed after reviewing only 2.3% of the documents,’ said Greene, a Minneapolis-based partner at law firm Stinson Leonard Street LLP. Artificial intelligence has arrived in the American workplace, spawning tools that replicate human judgments that were too complicated and subtle to distill into instructions for a computer. Algorithms that ‘learn’ from past examples relieve engineers of the need to write out every command.” Read more
Ryan Lawler of Tech Crunch reports that Gridspace “has created an application based on technology that automatically saves and indexes meeting conversations. But the big breakthrough is that, though the magic of machine learning and natural language processing, it can determine which parts of the meeting conversations were most important. I got a demo of the technology at work, with Gridspace CEO Evan Macmillan showing off a beta version of the company’s app for our presentation. With the app open, he walked me through the basics, occasionally telling the app to ‘remember’ certain interesting aspects.” Read more
FAIRFAX, Va.–(BUSINESS WIRE)–DataRPM, the industry pioneer in cognitive business intelligence, today announced that it has closed a $5.1 million Series A funding round. Led by InterWest Partners and joined by CIT GAP Funds, the round will be used to accelerate DataRPM’s global go-to-market strategy. DataRPM changes the way individuals work with data, making analytics more accessible and easier to use by solving the two main barriers to the adoption of data analysis – time consuming data modeling and usability. The DataRPM business intelligence (BI) platform removes those barriers, automating the data modeling process and employing a natural language question-and-answer interface to simplify data analysis and visualization. Read more
RT News recently shared the ponderings of artificial intelligence expert Ray Kurzweil. The article begins, “Most people would probably agree that computers are man-made technologies that function inside the strict boundaries of man-made borders. For technologists like Google engineering director Ray Kurzweil, however, the moment when computers liberate themselves from their masters will occur in our lifetime. By the year 2029, computers and robots will not only have surpassed their makers in terms of raw intelligence, they will understand us better than we understand ourselves, the futurist predicts with enthusiasm. Kurzweil, 66, is the closest thing to a pop star in the world of artificial intelligence, the place where self-proclaimed geeks quietly lay the grid work for what could be truly described as a new world order.” Read more
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