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Archive for the ‘business’ category: Page 129

Jan 27, 2016

Google DeepMind: Ground-breaking AlphaGo masters the game of Go

Posted by in categories: business, computing, entertainment, information science, robotics/AI

In a paper published in Nature on 28th January 2016, we describe a new approach to computer Go. This is the first time ever that a computer program “AlphaGo” has defeated a human professional player.

The game of Go is widely viewed as an unsolved “grand challenge” for artificial intelligence. Games are a great testing ground for inventing smarter, more flexible algorithms that have the ability to tackle problems in ways similar to humans. The first classic game mastered by a computer was noughts and crosses (also known as tic-tac-toe) in 1952. But until now, one game has thwarted A.I. researchers: the ancient game of Go.

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Jan 27, 2016

Wise.io Introduces First Intelligent Auto Reply Functionality for Customer Support Organizations

Posted by in categories: business, finance, robotics/AI, transportation

Wise Autoresponse for your Customer Support Call Center needs — I do know that one of the large financial institutions in NYC announced in Dec. that they were replacing their tier 1 & tier 2 support with AI this summer.


BERKELEY, CA — (Marketwired) — 01/27/16 — Wise.io, which delivers machine learning applications to help enterprises provide a better customer experience, today announced the availability of Wise Auto Response, the first intelligent auto reply functionality for customer support organizations. Using machine learning to understand the intent of an incoming ticket and determine the best available response, Wise Auto Response automatically selects and applies the appropriate reply to address the customer issue without ever involving an agent. By helping customer service teams answer common questions faster, Wise Auto Response removes a high percentage of tickets from the queue, freeing up agents’ time to focus on more complex tickets and drive higher levels of customer satisfaction.

“Wise Auto Response has dramatically eased the burden on our support agents, allowing us to reply to half of all tickets automatically,” said Francesca Noli, VP of Marketing at Product Madness. “Now we are able to focus agent attention on more complex, customer-facing issues like payment problems, which have a direct impact on our bottom line. Wise gives us the best of both worlds: it has the power of an artificial intelligence system like Watson, along with the lightweight integration we need to successfully apply machine learning to our service operations quickly, easily and cost effectively.”

Wise Auto Response identifies common customer inquiries that can be responded to with a high level of confidence — such as password resets and basic product functionality, or standard “thank you” email templates that don’t require hands-on follow up — and automatically responds without the need for any manually written business rules. The new functionality complements the current suite of predictive applications offered by Wise.io, including Wise Routing, which automates the support ticket triage process, and Wise Recommended Response, which provides a ranked shortlist of appropriate macros and templates for each new customer inquiry.

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Jan 27, 2016

Ku6 Media Signed Strategic Cooperative Agreement with 720Yun.com; Launched Cooperative Virtual Reality Community

Posted by in categories: business, internet, virtual reality

VR membership HUB (YouTube for VR) ; loading & sharing your own 3D content with others.


BEIJING, Jan. 27, 2016 /PRNewswire/ — Ku6 Media Co., Ltd. (“Ku6 Media” or the “Company,” NASDAQ: KUTV), a leading internet video company focused on User Generated Content (“UGC”) in China via its website www.ku6.com, today announced that the Company has entered into a strategic cooperation agreement (the “Agreement”) with 720Yun.com to enhance the Company’s virtual reality (“VR”) strategy previous announced. The company recently launched a cooperative VR community at the following website: http://www.ku6.com/c2015/720yun/.

Ku6 Media and 720Yun.com’s cooperative VR community currently features eight categories, including aerial photography, SLR (single lens reflex) photography, virtual effects, quick mode (RICOH THETA), cities, campuses, fun and business projects. The Company expects to add additional categories to the VR community in the future.

Pursuant to the Agreement, 720Yun.com will provide three-dimensional panorama technology and contents to Ku6 Media in the form of video and picture, and serve as technical support for the Company’s new VR products. The two companies will work together in exploring and developing potential business models relating to three-dimensional panorama contents.

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Jan 25, 2016

Can we Afford to go Into Space?

Posted by in categories: business, economics, materials, military, solar power, space, sustainability

Space is not a government program; it’s the rest of the Universe. Private space business is now a major factor, bent on finding investors interested in generating profits by making space more accessible to more people. Space business pays taxes to governments; it does not consume tax revenues. Further, space business can offer launch services to government agencies at highly competitive rates, thus saving taxpayer dollars. How can they do this, competing with government-funded boosters with a 50-year track record? Simple: governments have no incentive to cut costs. Traditional aerospace industry giants have a huge vested interest in boosters that were developed to military and NASA standards, among which economy was not even an issue. But innovative, competitive companies such as XCOR Aerospace and Mojave Aerospace, without such baggage (and overhead) can drive costs down dramatically. This is a proven principle: notice that we are no longer buying IBM PCs with 64 k of RAM for $5000 a unit.

Even more important in the long view, space is a literally astronomical reservoir of material and energy resources. The profit potential of even a single such resource, such as solar power collectors in space beaming microwave power to Earth, is in the trillions of dollars. What would it be worth to the world to reduce fossil fuel consumption by a factor of 20 or 100 while lowering energy costs? Can we afford to continue pretending that Earth is a closed system, doomed to eke out finite resources into a cold, dark future?

Can we afford space? Wrong question. Can businesses afford space? Yes. We get to reap the benefits of their innovative ideas and free competition without footing the bill.

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Jan 24, 2016

We asked industry experts what the ‘Uber of Healthcare’ will be — here’s how they responded

Posted by in categories: biotech/medical, business, health, robotics/AI, transportation

The “Uber” of healthcare — I can truly see it with AI Healthcare and CRISPR as well as BMI technologies.


Business Insider chatted with CEOs and investors alike to find out what technology and treatment could be the Uber of healthcare.

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Jan 24, 2016

3 ways robots and AI will change the way you work

Posted by in categories: business, economics, Elon Musk, employment, robotics/AI

Essentially, the jobs being replaced will give rise to new roles that people can take up.

“There are new classes of jobs that we haven’t thought of yet. Those who can curate and manage the full rich data lifecycle will be a new class of professional,” Shadbolt added.


Whether you like it or not, artificial intelligence (AI) and robots are going to be a big part of the future workforce.

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Jan 24, 2016

How Larry Page’s obsessions became Google’s business

Posted by in category: business

Google/ Alphabet certainly has been diversified; and doesn’t look like they’re going to slow down any time soon.


Unlike most chief executives, Larry Page has invested far beyond Google’s company’s core business, and in many ways has made it a reflection of his personal fascinations.

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Jan 23, 2016

Manpower’s CEO just gave us an awesome solution to the ‘robots taking human jobs’ conundrum

Posted by in categories: business, economics, education, employment, finance, robotics/AI

Kudos to Manpower’s CEO Jonas Prising — with the possibility on the horizon of a world wide loss of 5 million jobs; we need to make sure we a structure in place to absorb that hit with needs to include education & retraining and a financial support structure to help those laid off and their immediate family members (namely children). And, the earlier we can train folks; the less costly it will be for governments and countries in the long run.


Jonas Pri sing1
ManpowerJonas Prising, CEO and Executive Chairman of Manpower, spoke to Business Insider in Davos for the WEF meeting.

Over 2,500 of the world’s most powerful people have talked about the risks and opportunities surrounding “The Fourth Industrial Revolution” this week at the World Economic Forum in Davos, Switzerland.

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Jan 23, 2016

China is building malls of the future that could come to the US soon

Posted by in categories: business, futurism

High-end, futuristic malls in China and parts of the US are upgrading technology, hoping to attract customers with “smart” shopping centers.

“In the US, the malls look exactly the same they did 20 year ago,” Deborah Weinswig, executive director at Fung Business Intelligence Centre, said recently in a talk at a JDA Executive Luncheon. “We’ve got to make it more exciting, and more fun, and more experiential.”

Changing consumer tastes and the rise of e-commerce means shoppers are visiting malls less and less, with Weinswig reporting that the average American now visits a mall three to four times a year, as opposed to five to six. To compete with online shopping, malls need to match e-commerce in convenience and create experiential reasons to visit the mall that you cannot find online.

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Jan 23, 2016

Theme of Life

Posted by in categories: business, media & arts

I usually keep my posts focused on business and technology; etc. However, as a professional, innovator, researcher, etc. I like sharing incredible finds that I come across. And, in my recent year, I came across a composer who is probably one of our greatest composers of our generation (at least to me he is). His name is Magnus Strömqvist, and he composed this incredible song entitled “” — there is truly one word that comes to mind when you hear this song “Powerful”.


© 2011 (M. Strömqvist) All rights reserved Music composed, arranged and produced by M. Strömqvist.

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