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Hitting the books: How China uses AI to influence its 1.4 billion citizens
The battle for international hegemony didn’t stop with the fall of the Reichstag in 1945, or of the Soviet Union in 1991 — it has simply moved online. Today, states and their actors are waging a digital cold war with artificial intelligence systems at the heart of the fight. As Russian President Vladimir Putin said in 2017, “Whoever becomes the leader in this sphere will become the ruler of the world.”
In T-Minus AI, the US Air Force’s first Chairperson for Artificial Intelligence, Michael Kanaan examines the emergence of AI as a tool for maintaining and expanding State power. Russia, for example, is pushing for AI in every aspect of its military complex, while China, as you can see in the excerpt below, has taken a more holistic approach, with the technology infiltrating virtually all strata of Chinese society.
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Samsung warns customers not to discuss personal information in front of smart TVs
Samsung has confirmed that its “smart TV” sets are listening to customers’ every word, and the company is warning customers not to speak about personal information while near the TV sets.
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Could Data Transform The Lives Of 500 Million Smallholder Farmers Worldwide?
There are 34 million farmers in Indonesia, who make approximately $100 USD per season. They live in complete poverty. The average age of a famer is 54 and they each own about 0.28 hectares of land. There are at least 9 layers of traders (middlemen), including loan-sharks, between farmers and the end consumer. The traders make pretty good money, while farmers are stuck in the poverty cycle. The problem is: nobody in Indonesia has production data, land data or farming data.
So, I built a simple application at the time to collect the data on the ground: measuring the land and some demographic data about each farmer. We went to banks and suggested they start using land size as a proxy for credit scores. They could start giving loans without any collateral since land size is a major predictor of farmers’ income. They saw the opportunity this represented and agreed.
Now we empower local, young people in rural areas who have smart phones to become data collectors (field agents). These young people collect the data and if a farmer gets a loan from the bank the field agents get a payment as well. Today we have 33,000 farmers onboard with us and we engage 1,800 field agents to do this data gathering. We work with three different banks who give loans to farmers with very low interest rates compared to loan sharks. This means a huge boost for farmers’ livelihoods.
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What Are Your Top Digital Transformation Priorities?
Research firm Frost & Sullivan highlights the digital transformation priorities that are top of mind for more than 1,600 IT decision-makers worldwide.
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8 Predictions For Tech Stocks In 2020
Despite record highs in the market, the consensus forecast is for an earnings recession with the aggregate S&P 500 expected to fall 2.6% in the fourth quarter. This will mark the fourth consecutive quarter of year-over-year net income declines. When taking into consideration buybacks, which help to reduce companies’ shares, the S&P 500 could post 0.6% EPS growth in all of 2019 compared to 2018’s 23% increase in EPS.
Although sentiment is bordering on euphoria in the market, there are pitfalls to watch out for and winning tech verticals to lean into.
As the analyst who early-on called the top-performing stock last year (Roku) following its IPO, plus many other accurate calls such as Uber’s IPO flop, Zoom’s successful IPO, and Microsoft’s Pentagon win, here are my top 8 predictions for successful tech investing in 2020:
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Augmented analytics and other major machine learning trends
Ever since the concept of Artificial Intelligence emerged, it became one of the most talked-about trends in the world. People see AI as “the new normal” as it has made its way into different work processes in all most all kinds of industries from augmented analytics to facial surveillance.
Throughout 2018, we saw an incredible surge in platforms, tools, and applications focused on AI-and Machine Learning technologies. Ai and ML started in the internet and software trade, but now, we can also see them in different aspects of manufacturing, agriculture, healthcare, and more.
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Disclosure: Please note that some of the links above are affiliate links, and at no additional cost to you, I will earn a commission if you decide to make a purchase after clicking through the link. Please understand that I have experienced all of these companies, and I recommend them because they are helpful and useful, not because of the small commissions I make if you decide to buy something through my links. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.