Here’s what Silicon Valley Business Journal senior reporter Max A. Cherney had to say on KQED’s Forum about Nvidia and the AI boom.
A California-based startup called JetZero has a different idea: changing the shape of commercial planes and the material they’re made of. The company unveiled its designs for the midsize commercial and military tanker-transport markets this spring, and has big plans to upend the way air travel looks and feels—as well as how much it costs and how much carbon it emits. Tony Fadell, founder of venture capital firm Build Collective and a JetZero investor and strategic advisor, thinks the company could be the “SpaceX of aviation” due to its potential to disrupt the existing business model.
JetZero’s planes, which are still in the concept/prototype phase, have a blended wing body design. That means the wings merge with the main body of the aircraft, rather than being attached to a hollow tube like the planes we travel in today. Picture the body of a manta ray: wide and flat, it tapers off to a narrower fin at each side, with a head and a tail. A blended wing body aircraft isn’t terribly different, though on JetZero’s models the body isn’t quite as wide.
Besides providing a lot more space, this design is more aerodynamic than tube-and-wing planes. JetZero plans to fly its planes at higher altitudes than today’s norm (40 to 45,000 feet rather than 30 to 35,000), and says its airframe will cut fuel burn and emissions in half. It plans to make its planes out of carbon fiber and kevlar (a strong lightweight fiber used for things like body armor, bulletproof vests, car brakes, boats, and aircraft). The company says its planes’ lighter weight and improved aerodynamics would be able to fly at the same speed and range as existing midbody jetliners, but burn half as much fuel in the process.
New technologies will be able to wrap around legacy bank systems and create a new layer of data attribution, ushering in a modern era for accounting and business finance.
AI-enabled accounting takes a proactive approach to processing financial information. This means reducing the likelihood of errors, ensuring greater consistency across the ledger and allowing continuous data monitoring.
Where once bad or missing transaction information led to messy books and uninformed business decisions, advances in AI can now use context clues to categorize transactions accurately from the outset—getting us to a world where transactions can actually be “self-documenting.” This will make accountants’ and business owners’ lives easier while improving overall operating efficiencies.
The Futures Conference is coming to Sydney, Australia. Metaverse means Community. Technology is the pathway to the Future. The Arts meets Science meets Tech meets Business.
Tobi Alaji grew up as an artist who loved designing and creating new things. Today, she has merged her love for art and skill in software development to build the tech empire, ‘TECHTEE’ which she runs. TechTee is a digital agency and software house that creates an all-around digital experience by combining the best software with the most intriguing customer-centered designs.
TechTee is one of the world’s first Black-owned and woman-founded digital agency according to nftnow. The company boasts of collaborations with famous companies like Deutsche Bank, La Perla, NBC, M&S, and Apple, among others.
In an interview with Business Leader, she shared that she never wanted to own a business growing up because she never understood what it entailed. However, when she was 17, Tobi taught herself Java from a software development book she picked in the Shepherds Bush Library. Since then, she continued to teach herself and practice coding.
Siren is a digital human that showcases the potential of 3D/4D scanning technology for digitizing human appearance and motion with unprecedented realism.
Epic Games Inc. is a leading developer of the popular video game engine Unreal Engine. Recently, the company launched the highly anticipated MetaHuman Creator, a tool for creating high-fidelity digital humans for various applications including video games, film and more. The MetaHuman Creator is powered by advanced motion capture and rendering technology, enabling creators to create lifelike characters that can be customized and animated for various uses.
The advancement of digital humans is disrupting our world in profound and unpredictable ways. As they become increasingly intelligent, empathetic and capable, they will reshape businesses, society and human relationships at every level.
Article by John Gao, President of 5.5G Domain, Huawei
As industries increasingly lean on new digital technologies to streamline operations, digital twins are being used by business to generate complete and dynamic overviews of their assets and their processes. The Internet of Things (IoT) is key to realizing this vision. Following 80 years of development, RFID technology, which offers low cost and zero power consumption, is currently the most widely used technology in the retail and logistics industries that enables this. However, this technology application scenarios are limited. It is hampered by the very short distance it can transmit its signal, is relatively expansive to integrate and is not very advanced when it comes to automation.
By reducing costs and the need for labor, a passive IoT solution could make sensor networks far more economically viable. Passive IoT technologies could support two key IoT application scenarios and disrupt current logistics best practice and business operations. Passive IoT technologies could make sensor networks far more economically viable, while dramatically increasing the efficiency of warehouse stocktaking and other industrial processes by tracking hundreds of thousands of items over a 200m2 area in real time.
Cactus Materials touted the emerging talent pool at local universities and the emerging ecosystem of the semiconductor industry as reasons to do business in Arizona.
The White House has designated Phoenix as a workforce hub to help meet the demand for qualified and diverse talent in semiconductors, renewable energy and electric vehicles.
Over the next five years, Cactus Materials said it intends to make further upgrades at its facility and invest up to $300 million. The company had previously been awarded grants from NASA and the U.S. Department of Energy and has applied for funding earmarked for the semiconductor sector through the CHIPS and Science Act.
A leading expert in artificial intelligence warns that the race to develop more sophisticated models is outpacing our ability to regulate the technology. Critics say his warnings overhype the dangers of new AI models like GPT. But MIT professor Max Tegmark says private companies risk leading the world into dangerous territory without guardrails on their work. His Institute of Life issued a letter signed by tech luminaries like Elon Musk warning Silicon Valley to immediately stop work on AI for six months to unite on a safe way forward. Without that, Tegmark says, the consequences could be devastating for humanity.
#ai #chatgpt #siliconvalley.
Machine learning has an “AI” problem. With new breathtaking capabilities from generative AI released every several months — and AI hype escalating at an even higher rate — it’s high time we differentiate most of today’s practical ML projects from those research advances. This begins by correctly naming such projects: Call them “ML,” not “AI.” Including all ML initiatives under the “AI” umbrella oversells and misleads, contributing to a high failure rate for ML business deployments. For most ML projects, the term “AI” goes entirely too far — it alludes to human-level capabilities. In fact, when you unpack the meaning of “AI,” you discover just how overblown a buzzword it is: If it doesn’t mean artificial general intelligence, a grandiose goal for technology, then it just doesn’t mean anything at all.
Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.357346 data-title= The AI Hype Cycle Is Distracting Companies data-url=/2023/06/the-ai-hype-cycle-is-distracting-companies data-topic= AI and machine learning data-authors= Eric Siegel data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/06/Jun23_02_Skizzomat-383x215.jpg data-summary=
By focusing on sci-fi goals, they’re missing out on projects that create real value right now.
