Lifeboat Foundation

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?” »

To me; it’s all common sense. If you step back look at the technology landscape as a whole along with AI; you start to see the barriers that truly spolights where we have way too much hype around AI.

Example, hacking. If we had truly advance AI at the level that it has been promoted; wouldn’t make sense that researchers would want to solve the $120 billion dollar money pit issue around Cyber Security and make billions to throw at their emerging AI tech plus ensure their AI investment wouldn’t incur pushback by consumers due to lack of trust that AI would not be hacked? So, I usually tread litely on over hype technologies.

I do see great possiblities and seen some amazing things and promise from Quantum Computing; however, we will not truly realize its impact and full potential until another 7 years; I will admit I see more promise with it than the existing AI landscape that is built off of existing traditional digital technology that has been proven to be broken by hackers.

Continue reading “Artificial intelligence has become a religion” »

The science fiction world is full of Artificial Intelligence (AI), but AI reality is still far away. According to an article featured in Technology Review, technology is still suffering and nowhere near the expectations of AI.

Senior editor for AI at MIT Technology Review, Will Knight wrote, “For all the remarkable progress being made in artificial intelligence, and warnings about the upheaval this might bring, the smartest computer would still struggle to make it through the eighth grade.”

Knight relates how programmers competed in an Allen Institute for Artificial Intelligence (AI2) contest. The programmers were challenged to write computer programs that could take a science test that was eighth-grade level. During the annual Association for the Advancement of Artificial Intelligence (AAAI) meeting, the winner was announced.

Continue reading “Artificial Intelligence May Be Amazing One Day, But It Currently Still Sucks” »