Computers, like a friend of mine, are great at very narrowly defined tasks, like playing Go, retrieving facts, and calculating correlations. But they are utterly unreliable for anything requiring true understanding, wisdom, or common sense.
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By all means, let’s build machines that enhance our abilities. But let’s not forget that the really amazing thing is not the tool, but the tool builder.
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Robot error turned out to be a bigger problem than human error.
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One company sought to leverage Watson, the AI Jeopardy champ, as a stock picker. But lightning-fast search and response don’t have much to do with predicting whether a stock goes up or down…
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Of course, Musk blames other people for “misconstruing” his claims. This certainly isn't the first time he has palmed off responsibility for his own mistakes onto others.
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I believe that most autonomous vehicle manufacturers will exercise an abundance of caution. But if laws are fuzzy, reckless manufacturers may escape blame and innocent riders, drivers, and pedestrians will pay for the resultant mayhem.
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We treat the assembly line as if it has always been here, says business prof Jay Richards, but it only dates back to Henry Ford, a century ago. It’s disappearing but work isn’t disappearing. It’s just changing a lot.
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Kessler told his audience at the COSM National Technology Summit that Big Tech companies are so vulnerable that, for legal reasons, the United States is the only safe place for their headquarters.
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Facebook wants to start minting its own money. Amazon is said to be thinking about it. Bitcoin has many enthusiasts. But what determines the value of money in a digital age?
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The new tools allow for a level of customization not previously available. They also allow for a level of anonymization.
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Apple had once positioned itself in opposition to Big Brother. The NBA had been a strong advocate of social justice. But with Hong Kong, they suddenly caved to Beijing. What’s at stake?
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Getting away from constant surveillance and dangerous little bubbles of manipulated information is easier than some users may realize, tech pioneers and experts say. You can make simple changes today.
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The slowing Funk refers to is in fundamental innovations like transistors and lasers. The apparent progress often turns out to be in patent applications for a bewildering array of comparatively insignificant mobile phone apps.
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But there is not much point in being a traditional Luddite today. You don’t want to smash the robot; you want to bring the price down to where you can own a piece of it.
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The fabled Economist also chimed in, sniffing that Smith’s team’s result was “too farfetched for a sitcom”… but didn’t dispute it.
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Professors at prestigious business schools and financial engineers with advanced degrees built mathematical models to assess the risks, but their models were deeply flawed.
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AI in accounting means that businesses need accountants who can interpret the meaning of the blizzard of numbers more than ever. The successful accountant will increasingly have higher education and show a broad understanding of the business area and environment.
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What happens next? They all beat the market. Were their ticker names a factor? I decided to study that.
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Trade wars are important even if they often sound boring compared with other news. One panel at COSM will examine the underlying issues in the ongoing trade spats between the United States and China.
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The panelists include Jules Urbach, creator of the web’s first 3D video game platform, described by George Gilder as “the most inventive software engineer he has ever met.”
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