Lifeboat Foundation

Ask just about anyone on the street to describe artificial intelligence and odds are, they’ll describe something resembling the futuristic science fiction robot they’ve seen in movies and television shows. However, according to Mathematician, Linguist and Artificial Intelligence Researcher Dr. András Kornai, artificial intelligence is a reality right now, and its impact can be seen every day.

“I’d say 35 percent of the total commerce taking place on Wall Street (right now) is driven by algorithms and it’s no longer driven by humans,” Kornai said. “This is not science fiction. (Artificial intelligence) is with us today.”

What we’ve seen so far in the application of algorithm-based artificial intelligence in the financial sector is just the tip of the iceberg, Kornai said. In fact, you don’t even have to own stock to be affected by it.

“I have designed algorithms that will (determine) your creditworthiness, meaning your creditworthiness is now determined by an algorithm,” he said. “We have substituted human-decision making capabilities in favor of better algorithms to pursue this, and we have given up a huge area of human competence, and money is just one aspect of it.”

Continue reading “Artificial Intelligence Is A Big Part Of Your Life, Just Don’t Buy The Hollywood Hype” »

Kamaz’s new driverless trucks, already undergoing extensive testing, is set to go on a tour of European Russia. Beginning next year, testing will begin on the Moscow-St. Petersburg motorway. After that, the company plans to take its creation on a real cross-continental road trip, from Helsinki to Beijing.

Read more

Self-driving cars are already cruising the streets. But before they can become widespread, carmakers must solve an impossible ethical dilemma of algorithmic morality.

Read more

The primary objective of the mission is to find rare Earth elements that the team believes to be abundant on the moon.

California-based Moon Express is planning to make the first ever private moon landing by 2017. Their plan includes a series of robotic spacecraft intended to explore the moon’s surface and the possibility of commercial development. The company has teamed up with Rocket Lab to help launch their robotic spacecraft into the atmosphere. Rocket Lab uses battery-powered rocket engines that are cheaper than traditional engines.

If the plan succeeds, this is going to be the first ever privately-backed venture to achieve a lunar landing, and will hopefully encourage other enterprises to follow suit. From a financial perspective, the primary objective of this mission is to find rare Earth elements that the team believes are largely abundant on the Moon. If these elements are indeed found we can expect a new-age mini-lunar race to ensue.

Read more

But it may offer advantages over these systems, which are often confused by changes to an environment. And researchers hope that the work will not only allow a more efficient way for robots to navigate but also provide neuroscientists a better understanding of place cells, grid cells and cognitive maps.

Read more

A robot made of cables and tubes can get all up in your ducts.

Read more

The $1.7 billion investment has finally opened its doors to the public, and the robots are ready to provide patients with a medical experience that’s truly revolutionary.

Hailed as the first fully digital hospital in North America, the Humber River Hospital in Toronto, CA finally opened its doors to the public on October 18. In addition to being equipped with the most advanced technologies, robots currently man several areas of the facility. This includes the radiology area where they facilitate the X-Ray procedure and the chemotherapy area where they mix, prepare, and monitor the drugs being administered to the patients. Before the drugs get to the patients, each package is checked and scanned thoroughly through an information management system to make sure that the patients get the correct treatment. These automated robots will also be assisting the health care staff by carrying and delivering medical supplies and food for patients.

Continue reading “The First Robot Operated Hospital in North America Has Finally Opened” »

Click on photo to start video.

A robot construction worker that can move around a building site autonomously and make architectural structures is being developed by Swiss designers and roboticists. Jim Drury saw it for himself.

Subscribe: http://smarturl.it/reuterssubscribe
More updates and innovations news: http://smarturl.it/Innovations

Continue reading “Robot builder designed for construction sites” »

Finally. A Back to the Future tribute that’s genuinely cool.

Engineers at Stanford University along with Renovo Motors built an electric, self-driving DeLorean, appropriately named MARTY. The researchers are using it as a test bed to develop autonomous cars that use racing-inspired techniques to avoid accidents.

See also: USA Today travels ‘Back to the Future’ with front page from the film.

Read more