When most folks think of Qualcomm, the first technologies that likely come to mind are the company’s industry-leading mobile platform system-on-chips for smartphones, as well as the company’s end-to-end 5G connectivity solutions. However, whether you consider applications like image recognition, speech input, natural language translation or recommendation engines, modern smartphone platforms typically require a lot of artificial intelligence (AI) processing horsepower as well.Read More
Earlier this summer, the Atlantic Council’s GeoTech CentEarlier this summer, the Atlantic Council’s GeoTech Center published a new bipartisan report of Commission on the Geopolitical Impacts of New Technologies and Data (www.atlanticcouncil.org/geotechreport). Fourteen months in the making, the bipartisan recommendations highlight that the technological revolution is advancing at such speed and enormity that it is reshaping both societies globally and the geopolitical landscape.er published a new bipartisan report of Commission on the Geopolitical Impacts of New Technologies and Data (www.atlanticcouncil.org/geotechreport). Fourteen months in the making, the bipartisan recommendations highlight that the technological revolution is advancing at such speed and enormity that it is reshaping both societies globally and the geopolitical landscape.
We are now entering a new era of emerging “connected” technologies that blend engineering, computing algorithms, and culture. Along with connected computing comes new capabilities enabled by machine learning and artificial intelligence. This technology convergence will be immensely impactful. Human/computer interface will extend our human brain capacities, memories, and capabilities, and that the power of computing doubles, on average, every two years. These connected technology tools can be stepping-stones to a new world in diverse areas such as genetic engineering, augmented reality, robotics, renewable energies, big data, digital security, quantum computing and artificial intelligence.
If you think about the transformative role that technology is already playing in our lives, it is easy to envision how emerging technologies can proceed in effecting societal change. We are in the early stages of profound technological innovation – namely the digital revolution, the Internet of Things, health and medicine, and manufacturing. It is no exaggeration to say we are on the cusp of scientific and technological advancements that will change the human condition. Incredibly, technology continues to evolve at a pace we could not have envisioned even two decades ago, and these advancements can greatly improve our lives if we harness them properly.
The GeoTech Commission Report poignantly states that “the world must now start to understand how technology and data interact with society and how to implement solutions that address these challenges and grasp these opportunities.” For example, data analytics has the potential to improve healthcare by identifying the best pathways in treatments and administration of patient medicines, as well as predicting the spread of the flu. In commerce and trade, data analytics can predict when and what consumers are buying. The mathematical applications used in analyzing large data sets can be used to predict societal change at almost every level of human interaction.
Collaboration is Key:
A thematic takeaway from the Commission co-chaired by John Goodman and Teresa Carlson was the urgent need for collaboration and that “governments, industries and other stakeholders must work together to remain economically competitive, sustain social welfare and public safety, protect human rights and democratic processes, and preserve global peace and stability.”
Success in these cooperative public private partnerships is dependent on information sharing, planning, investment in emerging technologies, and allocation of resources coordinated by both the public and private sectors in special working partnerships.
The result of such collaboration will both keep us apprised of new paradigms and contribute to a seismic shift in breakthrough discoveries. Such cooperation could speed up the realization of the next industrial revolution and bring benefits beyond our expectations.
Personal information concept. Group of engineer.
Emerging Technologies for Public/Private Partnerships:
Technologies can impact society across many industry verticals. For example
Health & Medicine
Abstract luminous DNA molecule. Doctor using tablet and check with analysis chromosome DNA genetic … [+] of human on virtual interface. Medicine. Medical science and biotechnology.
* Health- Implantable devices, (bionic eyes, limbs)
* DNA nanomedicines
* Genomic techniques – gene therapy (Gene therapy to enhance strength, endurance and lifespan Gene therapy to enhance human intelligence
* Remote sensing tech (Wearables)
* Medicine for longevity, enhancement
* Real-time biomarker tracking and monitoring
* Artificially grown organ
* Human regeneration Human cells interfaced with nanotech
* Exoskeletons for mobility
Global business logistics import export background and container cargo freight ship transport … [+] concept
* Sustainability of infrastructure
* Converged transportation ecosystems and monitoring
* Autonomous and connected cars
* Predictive analytics (parking, traffic patterns)
* Smart Cities
Ecology concept. Hand holding light bulb against nature on green leaf with icons energy sources for … [+] renewable, sustainable development, save energy.
Energy & Environment:
* New Materials for stronger construction and resilience
* Solar power
* Converting waste to biofuels
* Protecting the Electrical Grid
* Batteries (long lasting)
* Energy efficiency.
* Instrumenting the planet to respond to crises faster
Professional policemen tracing group of bandits in room of video monitoring watching movements on … [+] city map while other colleagues working
* Instrumenting the planet to respond to crises faster
* Better situational awareness for emergency management (chemical and bio sensors, cameras, drones)
* License plate readers
* Non-lethal public safety technologies
* Advanced forensics, both physical and digital
* Interoperable and secure communications
Please also see: GovCon Expert Chuck Brooks: A Guide to Emerging Technologies Impacting Government in 2021 and Beyond GovCon Expert Chuck Brooks: A Guide for Emerging Technologies Impacting Government in 2021 and Beyond – GovCon WireFour Emerging Technology Areas Impacting Industry 4.0 Advanced Computing, Artificial intelligence, Big Data & Materials Science — COGNITIVE WORLD
In the GeoTech Commission report there are several areas of specialized cooperation that get attention, including two of the biggest threats that society faces today, pandemics, and cyber-attacks.
Doctor wearing highly protective suit and holding globe in her hands. Globe link: … [+] https://visibleearth.nasa.gov/images/2181/the-blue-marble/2182w
As we are now acutely aware of the implications of a global pandemic from Covid19, The Commission suggested that “government should launch a global pandemic surveillance and warning system and develop “rapid” and automated treatments for unknown pathogens. It should also build a digital infrastructure that includes, among other systems, “emerging biosensors and autonomous sequencers deployed in water systems, air filtration systems and other public infrastructure—to integrate their diverse data for analysis and modeling with protocols for activating rapid analysis of new pathogens, including new strains of extant pathogens to evaluate ongoing vaccine efficacy,”
Cyber Security and Digital Data Protection Concept. Icon graphic interface showing secure firewall … [+] technology for online data access defense against hacker, virus and insecure information for privacy.
Cybersecurity is a big focus area of the report. Cybersecurity, information assurance, and resilience are the glues that will keep our world of converged sensors and algorithms operational. This has become one of the largest areas of both public and private sector spending and is consistently ranked the top priority among CIOs, CTOs, and CISOs.
The commission urged for strengthening the National Cyber Strategy Implementation Plan, developing a geopolitical cyber deterrence strategy for critical digital assets and hardening the security of commercial space capabilities. To advance security, the government should increase its oversight of supply chain assurance, organize data on critical resources, and with allied partners, evaluate the physical and digital information technology supply chain.”
Furthermore, the report highlighted that “Governments, especially democratic governments, must work to build and sustain the trust in the algorithms, infrastructures and systems that could underpin society,” the commission noted. “The world must now start to understand how technology and data interact with society and how to implement solutions that address these challenges and grasp these opportunities. Maintaining both economic and national security and resiliency requires new ways to develop and deploy critical and emerging technologies, cultivate the needed human capital, build trust in the digital fabric with which our world will be woven and establish norms for international cooperation.”
We have entered a new renaissance of accelerated technological development that is exponentially transforming our civilization. Yet with these benefits come risks. The Atlantic Council Commission Report provides a working roadmap on the Geopolitical Impact of emerging technology and the correct paths to follow.
Please see the Report of the Commission on the Geopolitical Impacts of New Technologies and Data at Report of the Commission on the Geopolitical Impacts of New Technologies and Data – Atlantic Council
Atlantic Council Report of the Commission on the Geopolitical Impacts of New Technologies and Data
Dr. David A. Bray has served in a variety of leadership roles in turbulent environments, including bioterrorism preparedness and response from 2000-2005, time on the ground in Afghanistan in 2009, serving as the non-partisan Executive Director for a bipartisan National Commission on R&D, and providing leadership as a non-partisan federal agency Senior Executive. He accepted a leadership role in December 2019 to incubate a new global Center with the Atlantic Council.
David also provides strategy to both Boards and start-ups espousing human-centric principles to technology-enabled decision making in complex environments. Business Insider named him one of the top “24 Americans Who Are Changing the World” under 40 and he was named a Young Global Leader by the World Economic Forum for 2016-2021. From 2017 to the start of 2020, David served as Executive Director for the People-Centered Internet coalition Chaired by Internet co-originator Vint Cerf, focused on providing support and expertise for community-focused projects that measurably improve people’s lives using the internet. He also was named a Marshall Memorial Fellow and traveled to Europe in 2018 to discuss Trans-Atlantic issues of common concern including exponential technologies and the global future ahead. Later in 2018, he was invited to work with the U.S. Navy and Marines on improving organizational adaptability and to work with U.S. Special Operation Command’s J5 Directorate on the challenges of countering misinformation and disinformation online. He has received both the Joint Civilian Service Commendation Award and the National Intelligence Exceptional Achievement Medal.
Dr. David Bray LinkedIn Profile:
AC GeoTech Center on Twitter: @ACGeoTech
Chuck Brooks, President of Brooks Consulting International, is a globally recognized thought leader and subject matter expert Cybersecurity and Emerging Technologies. LinkedIn named Chuck as one of “The Top 5 Tech People to Follow on LinkedIn.” He was named by Thompson Reuters as a “Top 50 Global Influencer in Risk, Compliance,” and by IFSEC as the “#2 Global Cybersecurity Influencer.” He was featured in the 2020 Onalytica “Who’s Who in Cybersecurity” – as one of the top Influencers for cybersecurity issues. He was also named one of the Top 5 Executives to Follow on Cybersecurity by Executive Mosaic. He is also a Cybersecurity Expert for “The Network” at the Washington Post, Visiting Editor at Homeland Security Today, Expert for Executive Mosaic/GovCon, and a Contributor to FORBES. He has also been featured author in technology and cybersecurity blogs & events by IBM, AT&T, Microsoft, Cylance, Xerox, Malwarebytes, General Dynamics Mission Systems, and many others.
Chuck is on the Faculty of Georgetown University where he teaches in the Graduate Applied Intelligence and Cybersecurity Risk Programs. In government, Chuck was a “plank holder” at The Department of Homeland Security (DHS) serving as the first Legislative Director of The Science & Technology Directorate at the Department of Homeland Security. He served as a top Advisor to the late Senator Arlen Specter on Capitol Hill covering security and technology issues on Capitol Hill. He has an M.A from the University of Chicago and a B.A. from DePauw University
Chuck Brooks LinkedIn Profile:
Chuck Brooks on Twitter: @ChuckDBrooks
While the reality of AI adoption depends on a spectrum of attributes that includes accuracy, explainability, ethics, regulations and technology democratization, to name a few, one thing is for certain: AI is here to stay. With that in mind, here are three AI trends businesses should address to stay competitive in the year ahead.Read More
AI is in crisis. According to an MIT Sloan Management Review article, “Black workers represent only 2.5% of Google’s entire workforce and 4% of Facebook’s and Microsoft’s. Gender comparisons are also stark: Globally, only 22% of AI professionals are female.” Many in the sector think that innovation in AI means faster computers, larger teams, more complex algorithms, and more money. Some will even deny there is a bias problem in AI at all.Read More
UVeye, an Israeli developer of automated vehicle inspection technology for automakers, has raised $60 million in additional funding to fund its global expansions. CarMax, W.R. Berkley Corp. and F.I.T. Ventures are among the investors in UVeye’s Series C funding round. They join previous investors that include Volvo Cars, Hyundai Motors and Toyota Tsusho.Read More
Edge Impulse combines two popular techniques to bring AI to microcontrollers – AutoML and TinyML. AutoML focuses on two critical aspects of machine learning – Data acquisition and prediction. The AutoML platform will abstract all the steps that take place in between these two phases. Essentially, developers bring their own dataset, identify the labels, and push a button to generate a thoroughly trained model that’s ready to predict.Read More
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The SaaS startup raised a $14.5 million Series A round led by Base10 Partners with participation from existing investors Point Nine Capital, Runa Capital and Fathom Capital, among others, as originally reported in Midas Touch newsletter.Read More
Sometimes, something that might seem inconsequential can be a rather daunting problem. Have you ever been driving your car and suddenly had your toddler announce that they have to go the bathroom? For most parents, this has happened at least once in their parental lives, if not many times. Indeed, parents that go through this circumstance are bound to repeatedly in the future admonish their children to go to the bathroom before any long road trip gets underway.Read More
As AI is making its way into more companies, the board and senior executives need to mitigate the risk of their AI-based systems. One area of risk includes the reputational, regulatory, and legal risks of AI-led ethical decisions. AI-based systems are often faced with making decisions that were not built into their models — decisions representing ethical dilemmas.Read More
One of the exciting things about Artificial Intelligence is the steady stream of new accomplishments that we see in the news. But what does it all mean? If I am a business CEO, what impact if any does this have on my business? Is there any way I can leverage it? If I am a teacher, what should I tell my students? Being aware of recent events is always a good thing, but without context it is hard to make sense of them.Read More
Today, the most viable way to represent an idea as a unique, non-replicable virtual asset is as an NFT; a cryptographically secure, unalterable entry in a decentralized, virtually unhackable global ledger documenting a full chain of custody and ultimate ownership.Read More
While new 5G Android phones running on Qualcomm’s Snapdragon 888 platform are nothing new, the new Smartphone for Snapdragon Insiders promises to be a special phone offering an optimal Snapdragon experience and marketed to Qualcomm’s Snapdragon Insiders program members.Read More
The statistics are staggering; according to American Addiction Centers, over 22 million Americans are said to struggle with substance abuse/addiction and only 10% of them are receiving treatment of any kind. Like in so many other industries, it’s not a stretch to state that AI is revolutionizing the substance abuse treatment sector, providing new opportunities for recognizing crisis, finding like-minded peers, early detection through genetic testing, and ultimately full recovery.Read More
Artificial Intelligence (AI) in digital technology is growing at a breakneck speed for the last few decades and today we have considerably more technological power than we had in the 90s and it is projected to grow at an even faster pace in the future. Throughout the history of humanity, technological improvements like electricity at homes and automobiles have elevated the human condition. Similarly, the continuation of AI progress is likely to contribute to deep social and economic changes.Top 5 AI Achievements of 2020AI has made significant progress in 2020, world has celebrated many AI accomplishments in NLP, Computer Vision and Robotics. Top AI achievements in 2020 involve improvements in automatic text generation, facial & speech recognition, detecting motion gestures, drug discovery & quantum supremacy.AI has vast potential to serve society, bringing more fundamental innovations for humans in the coming future. It has been deployed on a large scale and has a high impact on our work and daily life. It is an incredible force for economic growth and individual empowerment. AI, the most transformational technology at present has the potential to elevate humanity because machines can help people solve more complicated and significant social problems, but at the same time, AI is considered a threat for humanity by some fear-mongers. In this article, we will discuss the continuing progress of AI and its far-reaching impact on human interests.AI: a Better off for the long term Interests of Humanity or Not?The digital era has seen significant breakthroughs in the field of artificial intelligence. It is enhancing human capabilities and disrupting old human activities. Code-driven systems have reached over half of the world’s inhabitants offering unimagined opportunities along with unprecedented threats. As emerging algorithm-driven AI continues to progress, the question arises, will it be better off for the long-term interests of humanity? Around 979 technology pioneers, developers, innovators, business and policy leaders, activists and researchers answered this question in a debate of experts in 2018 conducted by PeW research and Elon University. All respondents in this non-scientific debate were asked to explain why they felt AI would have a positive or negative impact on humanity. 63% of respondents were hopeful that AI will leave a positive impact on the long-term interests of humanity while 37% opposed this prediction. Many experts shared deep worries while many suggested pathways towards solutions. According to the majority of experts, the “smart” systems in communities, vehicles, buildings, utilities, business processes, and on farms will save time, money, and lives and will offer a lot of opportunities for individuals to enjoy a customized future.Pros and Cons of Artificial Intelligence (AI)Artificial Intelligence (AI) is continually getting momentum and hype across the planet. The rise in AI sparks a charm and excitement for imaginary possibilities. We have discussed a few pros and cons of AI due to which it is concluded as a blessing or a curse for the people of different opinions.Hence, AI is the most debated technology of the digital era with two distinct approaches regarding its impact on humanity. Whether it would stay under human dominance and serve humanity or is going to surpass it. Let’s have a look at these approaches regarding the AI-based future of humanity:Pessimistic ApproachThe pessimistic approach is an outcome of absolute fear of the unforeseen potentials of AI. No one can confirm where the exceptional progress in AI technology is going to lead in the future. The pessimistic approach is associated with a dystopian future where AI will be seen overruling the human world. Experts having a pessimistic approach have concerns that AI will ultimately replace human beings on account of its exceedingly overpowering as compared to weak human capacities.Optimistic ApproachMost of the experts have an optimistic approach to AI and consider it a medium to take humanity to the next level of innovation and progress. Experts believe that AI will continue to boom as a progressive and beneficial technology for the human race. This approach derives from the hope of a better AI-associated future where AI will be having a positive impact on the well-being of humanity.AI, ML and DL have the potential to boost productivity beyond human imagination and are bringing mind-blowing results. AI experts believe that there is still too much to be explored by AI.An associate professor at a well-known university in Israel states that in the coming twelve years AI will enable all professions to perform their tasks more efficiently, in particular those involving “saving life” such as healthcare, policing, and even warfare. In other professions as well, AI would offer personalized experiences, e.g., education based on the intellectual abilities and needs of the individual student.AI Progress in compliance with the Human InterestsConcerns regarding the potentially dark side of AI are one thing; however, these fears are balanced by some astounding potential benefits poised by AI and ML. Let’s discuss some notable interests of humanity and how AI is influencing these interests:Human Comfort / Quality of LifeAI can pose a great relief to humans from doing various mundane tasks. At present, AI-powered robots can perform multiple automated tasks with great ease, without any constant human intervention, thus freeing up humans from performing tedious tasks. At factories, ML, DL, and other AI technologies are being used to reduce the human workforce in assembly, packaging, HR, and customer service areas. Automation has reduced many labor level jobs and both employee as well as operational costs substantially. A pretty good example of AI wonders in improving the automation level is Okuma, the Japanese machine tool builder. In 2018, the Japanese highlighted massive innovations to demonstrate the future of smart manufacturing. At home, several AI applications are doing wonders in enhancing our quality of life. AI-powered “smart homes” is an example. Today, smart home automation enables us to live our lives in luxury and high-tech functionality that was not possible in the past. As technological advancements pursue to expand, home automation will make human lives easier and more enjoyable. Home automation makes the home functions remote controlled with increased energy efficiency and improved appliance functionality. It also maximizes our home security.How AI is helping a common person lifeArtificial Intelligence can be defined as a process of transferring human cognitive intelligence to computers. Though AI is difficult for a common man to understand but it has a big impact on everyone in society and a key role in progressive modern life.Human SafetyAI ensures human safety with its developments at multiple levels. Many hazardous tasks have great risk factors such as defusing a bomb, exploring another planet, mining for oil and coal, exploring the deepest parts of oceans, etc. You must be aware of the Ukraine explosion in Chernobyl nuclear power plant in April 1986. At that time, there did not exist any AI-powered robots that could help to minimize the radiation effect by controlling the fire at the initial stages. In that calamity, any human getting close to the fire was found dead in a matter of minutes. They eventually had to pour boron and sand from helicopters to control the fire. However, this explosion resulted in the loss of thirty lives. So the AI progress in the form of AI robots to do hazardous tasks is going to be extremely helpful for human safety.California witnessed major devastation in 2017 as a result of wildfires. This wildfire resulted in the burning of over 222,000 acres of land, over 35 deaths, and the loss of roughly 5700 homes. All of this caused a loss of $3 billion to $6 billion. Similarly, in Australia, the large-scale wildfires between 2019 and 2020 caused massive land and homes damage and loss of lives.Keeping in view the increasing threats of such extreme weather events, a great number of organizations and government authorities are embracing AI to help fight such catastrophes with algorithms and satellite data. AI has the potential to build smart disaster responses and provide real-time data of weather events and disasters. Furthermore, it could offer before-time warnings to safely evacuate people in danger zone. Thus AI-enabled disaster response helps in saving valuable time and lives.Crime Control and Law EnforcementAI is being used worldwide to reduce or avoid crimes and for quick response to crimes in progress. The idea behind this is that the crimes are relatively predictable; we just require a gigantic volume of data to find patterns that are helpful to law enforcement. This type of data analysis was impossible a few decades ago, but the recent developments in ML are proving to be very useful in controlling crimes.Governments and companies across the globe are now interested in applying AI techniques for criminal justice. United States, in 2010, spent over $80 billion on incarcerations at the local, federal, and state levels. According to an estimate, the US spends $100 billion per year on policies for law enforcement.With the help of AI, the gunfire, as well as the location the gunshot came from can be detected easily. Multiple sensors detect the sound of a gunshot and machine learning algorithms triangulate the location of the gunshot by comparing data such as noise level and echo, etc. The company Shotspotter using AI to detect gunfire claims that it is being used in more than 90 cities of the US including, New York, San Diego, and Chicago. Most of its clients are in the US, South Africa, and Cape Town.AI security cameras are another invention to control crime. A Chinese company Hikvision, announced to use of chips from an Intel Company Movidius to create a camera that could run deep neural networks to control crimes. They claim that the new cameras would be able to scan for license plates on cars, run facial recognition to find potential criminals, and detect suspicious anomalies automatically such as unattended bag detection. Hikvision claims that it can achieve 99% accuracy by the use of its advanced visual analytics applications. According to Hikvision, in Seapoint, South Africa, the crimes rate dropped to 65% by the use of their camera system.The goal of any society is not just to catch the criminals but to avoid crimes happening in the first place, and AI is projected to be very helpful in this case as well. Prepdol, a company using ML and Big Data claims that by analyzing the data on past crimes, it can predict the time and location of a crime before it happens. The company claims that a 22% drop in residential burglaries was reported in Tacoma, Washington, soon after adopting this system. AI can also predict who will commit a crime by the use of facial recognition. The system detects any suspicious changes in the behavior of people or some unusual movements, indicating a potential criminal.Hence, with the help of AI, the way we expose criminal activity and decipher crimes will be improved with AI.National SecurityAI has great potential to support many security initiatives, such as cybersecurity and counter-terrorism, at the national and international levels. The overwhelming amount of data is crucial to support national security. The sources include unstructured data from social media and fringe and mainstream platforms and deep and dark web data.Use of Artificial Intelligence in CybersecurityArtificial Intelligence (AI) can help maintain cyber security and guard against digital assaults. However, using machine learning hackers can thwart security algorithms by morphing the data they train on. Programmers can likewise utilize AI to get through safeguards and firewalls.AI applications in defense depend on training data from multiple inputs including aerial photography, technical cybersecurity feeds, or physical sensors data. From these databases, a data scientist can develop ML models to detect cyber-attacks automatically, monitor on-the-ground activities of the enemy, direct autonomous vehicles, and support a plethora of many other national security strategies.New Job OpportunitiesFor the fear-mongers, the top concern for the past few years has been: “AI and Robots will destroy jobs for humans”. This is more fictional rather than fact. Although AI will take away many jobs from humans, it will generate a demand for new job opportunities as well. According to PwC, from 2017-2037, AI will create around 7.2 million new jobs.Will robot take my jobWith the advent of robots; automation speed, accuracy, and cost-effectiveness of production and operations have been tremendously improved. AI has outperformed humans in repetitive tasks. This advancement has created huge unemployment in related industries.For AI to perform properly, humans will be required to check, improve and manage the work. According to World Economic Forum (WEF), the new job positions will demand additional skills to manage the interface between humans and technology. For instance, the increased demand for AI-powered robots will offer a lot of job opportunities for AI robotics engineers. Andy Peart, Chief Strategy Officer at Barcelona, Spain-based Artificial Solutions, believes that while AI could threaten unskilled jobs, it will also create various jobs requiring new skill sets. For example, many positions are already generated around AI, like AI trainers, individuals to assist data science, individuals with capabilities related to modeling, machine learning, computational intelligence, psychology, mathematics, linguistics, and neuroscience, etc.Achieving Sustainable Development GoalsSociety has and is expected to pursue to get benefits from AI applications in the future. AI has a great number of significant applications to help speed up progress to achieve the UN’s Sustainable Development Goals (SDGs).With the help of AI, new services are made possible in multiple domains important for SDGs – for instance:In healthcare, there is a lot of scope for AI applications. It offers remote health checks and follow-up tools. According to PwC, healthcare would be one of the greatest winners from AI. In the future, AI-based healthcare would be available on-demand for everyone.AI and Robotics are Transforming the Healthcare IndustryAI is transforming the medical industry from patient care to drug discovery methodologies. The potential of AI and robotic in the human healthcare eco-system has no limits. AI simplifies patients’ and physicians’ complexities by performing tasks with exceptional capabilities in less time and cost.AI can analyze huge databases to get insights from a great number of patients, with improved diagnosis and predictive analysis. Recently, AI has also been applied to diagnose COVID from lung scans or to distinguish COVID cough from other general coughs. Hence, AI has the potential to get healthcare systems improved by optimizing workflows in hospitals, assisting in more accurate disease diagnosis, optimizing clinical decision-making, and providing better treatments and intensive care at a lower cost. Image-based diagnosis helps doctors better treat their patients. Healthcare services will be better as an AI wearable can monitor patients 24/7.Many experts have optimistic remarks on healthcare and are enthusiastic about the role of AI in contributing to public-health programs built with massive data from personal genomes to nutrition. With better diagnostic capabilities, AI can have a dramatic far-reaching influence in the healthcare sector. AI can minimize operating costs and save money. McKinsey predicts an annual saving of $100B in medicine and pharma by the use of Big Data.In education, AI tools are being applied to monitor pupils’ attention or to conduct emotional surveillance to find out the comfort level of children while learning certain subjects. In many countries, AI is used to create personalized testing tools to detect weak areas and help students improve.In finance, AI is being used to get insights and support with accounting and investment by revealing new data patterns that could be helpful with micro-investments to combat poverty and to introduce new infrastructure and financial services.Top 5 Cost-Cutting AI Use Cases in Banking and FinanceArtificial Intelligence (AI) can be used in financial sector especially in Banking to reduce and optimize cost of Operations, Customer Acquisition, Merchant Acquisition, Advertisement and Marketing, Sales and Human Resource. This is an era of Digital Transformation, Disruptive Technologies, FintechIn manufacturing, the use of automation, the Internet of Things (IoT), and extensive robotics have revolutionized factories, and warehouses worldwide, enabling more efficient manufacturing, production, and distribution.In transport, AI is being used to develop fully autonomous vehicles along with autonomous driving systems (ADS) that are being used to steadily enhance the skills of driving and navigation through self-learning programs. It also helps in managing the real-time traffic through urban spaces.How Air Traffic Can Be Optimized Using Artificial IntelligenceWith the fast-growing and high-density global air traffic, ensuring efficiency and air transportation safety becomes a critical challenge. AI is already revolutionizing the way air traffic management systems are manufactured and hence is believed to play a key role in optimizing air traffic flow.In agriculture, AI is being used in farm management and to make predictive analyses based on data from soil, crop, and weather to optimize the use of resources (fertilizer, water, etc.) and to support decision-making. AI also helps in detecting pests and diseases by analyzing plant images and data on livestock behavior. Automation and agricultural robots are considered helpful to save labor in many resource-consuming tasks.Role of Artificial Intelligence in AgricultureCan agriculture-based economy take benefit from the emerging technologies like AI-based Automated Robotic Systems to optimize irrigation, crop monitoring, farming, automate spraying and optimize the exercise of pesticides and herbicides? Let’s look at the role of AI in agro-based sector.Having an overview of AI features and their benefits allows us to have a vivid understanding pointing that AI progress will lead humanity to a new era of success. Humanity is expected to prosper with artificial intelligence to new dimensions.Concerns about AIThere has also been considerable debate regarding the risks associated with AI to humanity. Experts are even concerned about AI taking control of humans to an extent where it could be detrimental to humanity. Experts have also shown concerns for the unforeseen consequences that might occur with the development of Killer Robots.There have also been allegations of AI being used to manipulate elections. Moreover, AI also raises issues that are against fundamental human rights such as privacy and freedom of expression.In short, AI implications whether positive or negative have captivated experts and researchers alike for many years.Principles to use AIThe threats of AI replacing human intelligence and the idea of a killer robot can be regarded as just suppositions for now. AI’s influence has been more positive and beneficial for humanity so far. Moreover, scientists and experts have set some principles on AI development to avoid its negative impact on the interests of humanity in the future. For instance, there are some “Laws of Robotics” followed by all AI experts and scientists to resist the loss of human control at any level. These policies or principles and laws ensure us that AI will be kept to act sensibly and would not take over or dominate the human race. AI-based technologies offer more opportunities if developed in compliance with the universal norms, standards, and ethics.Final ThoughtsAI has already superhuman performance in many domains, and there is little doubt that its capabilities will improve significantly with time. I think it is more likely that we will use this technology to make this world a better place to live in. For instance, we can use this technology to eliminate global poverty, improve human safety levels and law and order situations, reduce diseases and offer better education to virtually everyone on the planet. Hence, being an optimist, I believe that AI progress is leading towards the best interests of humanity and will ultimately improve the quality of life. However, this progress could be challenging somehow as AI and ML can be used to develop even more horrifying weapons resulting in a dystopian future where many human basic rights could be violated. Neither outcome is unavoidable, so the question here is not “What AI would do for humanity”? But “What we will choose to do”? There is a need to work aggressively at all levels, from government, to companies and to individual choices, to ensure that AI technology matches our values and has a far-reaching positive impact on human interests. Artificial Intelligence, when used sensibly to stay away from abusive consequences, has the potential to elevate humanity like never before.Read More
On this podcast episode, we talk to Mr. Hiroki Habuka, Deputy Director for Global Digital Governance at the Digital Economy Division of the Ministry of Economy, Trade, and Industry of Japan. We explore how one of the leading economies in the world is adjusting to the emerging technologies that utilize AI.Read More