Lifeboat Foundation

A few weeks ago DJI unveiled its newest drone, the Phantom 4, the first craft to offer robust obstacle avoidance at a price the average consumer can afford. It relied on computer vision to power its autonomous flight, and since DJI had shown off this kind of tech before, we assumed that all the hardware on the Phantom 4 was homegrown, or backed by a giant like Intel. But today the chipmaker Movidius announced that its latest offer, the Myriad 2, was at the center of the onboard processor powering the Phantom 4’s incredible new abilities.

As it turns out this isn’t the first time Movidius has partnered with a big name to develop cutting edge technology. Back in 2014 its first chip, the Myriad 1, was revealed as the brains inside of Google’s first generation of Project Tango tablets. After a decade toiling in relative obscurity, the small 125 person company is suddenly poised to emerge as a leader at the intersection of several major markets — from drones to phones to virtual reality — which are looking for ways to enable cheap, power-efficient computer vision.

Continue reading “The revolutionary chipmaker behind Google’s project Tango is now powering DJI’s autonomous drone” »

The legendary hacker George Hotz, known by his nom de guerre “geohot,” who first came to public attention by hacking Apple’s (AAPL) first iPhone, spoke this morning at the South by Southwest conference about taking on Tesla’s (TSLA) self-driving car initiatives with his own garage efforts, a talk titled “I built a better self-driving car than Tesla.”

By the end of the talk, it was clear he had numerous targets, including Alphabet’s (GOOGL) self-driving car efforts, despite mighty respect for the search giant.

Hotz’s achievement, rigging up home made parts to an Acura ILX to make it self-driving, first came to prominence with an article in mid-December by Bloomberg’s Ashlee Vance.

Continue reading “We Are Coming for You, Tesla, And You, Too, Google, Says Hacker Hotz” »

Luv it — Bernie Bot.

“Keep guns out of the hands of people who have no health insurance.”

Why IBM should take a serious look at acquiring Robotic Process Automation vendor Blue Prism.

LONDON & MIAMI–(BUSINESS WIRE)–Blue Prism, the pioneering developer of enterprise Robotic Process Automation (RPA) software, today announced its debut on AIM of the London Stock Exchange (LSE). The first developer of software robots to trade on the public markets, Blue Prism, working closely with its global network of partners, grew 35% last year and has deployments with more than 74 customers, including a number of the world’s largest banks, insurers, utilities, healthcare, telecommunications, service providers and other regulated industries. The initial public offering (IPO) will allow Blue Prism to support its global growth plans and enhance its profile within the RPA marketplace.

“Today’s milestone follows a successful year for the company, and marks a shift in acceptance for software robots as a mainstream choice for the enterprise digital workforce,” said Alastair Bathgate, co-founder and CEO of Blue Prism. “Software robots have been deployed successfully and strategically by large, blue chip organizations that have derived tremendous value from this new solution to the labor market, it’s not science fiction.”

CREECH AIR FORCE BASE, Nev. (AFNS) -
Remotely piloted aircraft don’t fly themselves as autonomous super machines. They also don’t require only a single pilot and sensor operator to function.

The RPA enterprise of MQ-1 Predators and MQ-9 Reapers is maintained or operated by Airmen from more than 30 Air Force career fields, each one playing a key role in supporting every combat air patrol. The patrols enable combatant commanders access to intelligence, surveillance and reconnaissance capabilities at all times.

A combat air patrol is essentially having an aircraft in the air, providing joint combatant commanders with dominant ISR and real-time munitions capability. Today, the RPA enterprise flies a total of 60 CAPs in a 24-hour period requiring thousands of Airmen from pilots and sensor operators to maintainers, intelligence personnel and weather forecasters.

Continue reading “Piecing the puzzle together, RPAs provide crucial combat air patrol capabilities” »

Automated online advice platforms, the so-called robo advisors, have long implied the use of algorithms eliminates conflicts of interest. It’s a premise that’s gained traction with both consumers and regulators. But a new report by the Financial Industry Regulatory Authority casts doubt on their ability to do just that.

With robo advisors like Schwab Intelligent Portfolios, Betterment and Wealthfront now managing billions of dollars worth of client assets, FINRA investigated these online advice providers. The regulator released a report Tuesday that evaluated several key service areas including governance and supervision, the suitability of recommendations, conflicts of interest, customer risk profiles and portfolio rebalancing.

FINRA found that while digital advice will likely play an increasingly important role in wealth management, investors should be aware that conflicts of interest can exist even in providers powered by algorithms. Specifically, the advice consumers receive depends largely on the digital advice provider’s investment approach and the underlying assumptions used.

Continue reading “Turns Out Robots Don’t Offer Conflict-Free Advice Either” »

This study is bunk! And, here is the reason why: first, the robot was setup as a robot repeseanting as part of the facilities service where visitors/ people where at and followed the “facilities” robot as their escort in the building, much like you would do if I or someone else was wearing a building security jacket and badge who told you to follow us. So, this is very misleading study.

If you were in a burning building and a robot appeared to rescue you, would you follow it?

Continue reading “Do humans trust robots too much?” »