Microsoft’s AI writes code by looting other software

Artificial Intelligence CodingArtificial intelligence has taught itself to create its own encryption and produced its own universal 'language'. Now it's writing its own code using similar techniques to humans. A neural network, called DeepCoder, developed by Microsoft and University of Cambridge computer scientists, has learnt how to write programs without a prior knowledge of code. First reported by the New Scientist, the system works by taking lines of code from existing programs and combining...

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Adobe Is Building An AI To Automate Web Design. Should You Worry?

AI Web DesignAdobe, one of the world’s largest and most powerful software companies, is trying something new: It’s applying machine learning and image recognition to graphic and web design. In an unnamed project, the company has created tools that automate designers’ tasks, like cropping photos and designing web pages. Should designers be worried? The new project, which uses Adobe’s AI and machine learning program Sensei and integrates into the Adobe Experience Manager CMS,...

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DeepCoder: Learning To Write Programs

Business CodingA dream of artificial intelligence is to build systems that can write computer programs. Recently, there has been much interest in program-like neural network models (Graves et al., 2014; Weston et al., 2015; Kurach et al., 2015; Joulin & Mikolov, 2015; Grefenstette et al., 2015; Sukhbaatar et al., 2015; Neelakantan et al., 2016; Kaiser & Sutskever, 2016; Reed & de Freitas, 2016; Zaremba et al., 2016; Graves et al., 2016) , but...

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Deep Dive: Payments

Credit Card Digital PaymentNinety percent of Americans have used a credit card, but far fewer understand the underlying systems enabling their payments. So let’s dive in to see what happens when you swipe your card! Suppose you purchase some carrots from the grocery store. You take out your credit card to complete the purchase, and see a logo with “Visa” on it. That’s the card association. You’d usually see one of the four...

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Will Democracy Survive Big Data and Artificial Intelligence?

Democracy in the Artificial Intelligence AgeThe digital revolution is in full swing. How will it change our world? The amount of data we produce doubles every year. In other words: in 2016 we produced as much data as in the entire history of humankind through 2015. Every minute we produce hundreds of thousands of Google searches and Facebook posts. These contain information that reveals how we think and feel. Soon, the things...

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Where machines could replace humans – and where they can’t (yet)

Artificial IntelligenceAs automation technologies such as machine learning and robotics play an increasingly great role in everyday life, their potential effect on the workplace has, unsurprisingly, become a major focus of research and public concern. The discussion tends toward a Manichean guessing game: which jobs will or won’t be replaced by machines? In fact, as our research has begun to show, the story is more nuanced. While automation will eliminate very few occupations...

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IoT spending to reach $1.3 trillion by 2020 on hardware investment

istock-473003202-e1483774424298 New research sees Internet of Things (IoT) spending growing by nearly 16% by 2020 driven by hardware investments, primarily by manufacturers. The Journal reported on the release of the “Worldwide Semiannual Internet of Things Spending Guide” by International Data Corp.(IDC). The IDC report found that IoT spending will reach $1.29 trillion worldwide by 2020, representing a 15.6% compound annual growth rate between 2015 and 2020. See also: China IoT market worth over $120 billion by...

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Implications of Brexit for FinTech Startups

The Brexit Isn’t Stopping FinTech Investment and Sector Growth

fintech-brexit-opportunity With over 12,000 companies getting involved, the FinTech industry is one the rising industries across the globe. According to PwC, the estimated global investment will surpass $150 billion USD in the fintech sector in the next 3-5 years. The FinTech industry works to integrate the financial world with the technological world to modernized the way...

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Connected Devices are Reshaping E-Commerce

ecommerce-changing-with-connected-devices

Internet of Things Utilization for Sales Projected to Grow Exponentially

The Internet of things (IoT), the development of everyday objects that contain network connectivity to send and receive data, is changing the landscape of e-commerce. From smart home devices to smart watches, e-commerce companies and developers are eliminating roadblocks in the buying process, streamlining product delivery, automating purchasing decisions and meeting higher customer demands. As point of sale (PoS) for e-commerce extends...

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