No One Knows It But These 3 Industries Now Depend on AI

AI is revolutionizing industries across the board, including ones nobody expected. But it’s a sign of the times — and the times to come. June 15, 2019 3 min read Opinions expressed by Entrepreneur contributors are their own. Not every AI-loving company operates in logistics, marketing or healthcare. Artificial intelligence isn’t picky about which industries it revolutionizes, and many niches have already embraced automation. Given the global value of AI, it’s no surprise the tech is spreading. Statista estimates that worldwide AI revenue will hit $90 billion by 2025. With so much wealth to go around, no industry is safe from disruption. Sooner or later, artificial intelligence will be table stakes in every industry. A few sectors you might not expect are leading the way: Related: What Every Entrepreneur Must Know About Artificial Intelligence 1. Beauty and skincare. Consumers can’t seem to get enough of sustainability and personalization. In the beauty […]

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What Is AI, and Will It Take Over Your Service-Based Business Job?

June 14, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. Most factories make use of machines in the production process and, as a result, lots of people have been put out of work. But are service-based businesses about to face a similar fate? Will you be replaced by a robot one day? That particular question has likely brought chills down many people’s spines, but could this really be the reality we’re facing? Imagine all the different kinds of service-based jobs poised to crumble because some app or robot can do the work faster than a human would. Let’s say you normally hire tutors to help your children with their homework, perhaps from a service-based business that has a good track record and high success rates among users. All of that could change in a flash with AI —  in fact, that is one of the reasons why some people are scared of AI in spite of how fascinating […]

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LinkedIn Profile With AI-Generated Pic Tried to Schmooze With DC Insiders

The profile attempted to network with former government officials. June 14, 2019 3 min read This story originally appeared on PCMag Spies may be using AI-generated photos to create harder-to-detect fake profiles on LinkedIn. Bogus accounts on social networking services are nothing new. But on Thursday, the Associated Press reported on the curious case of “Katie Jones,” a redheaded woman on LinkedIn who claimed to work at a top think tank in Washington D.C. According to the AP, the profile is not just a fake. The headshot of the woman may have been created by an AI-powered program. The evidence can be found in small, but noticeable inconsistences in the image. Last month I my attention was drawn to something suspicious: A fake LinkedIn profile connecting to Washington think tank types and senior US officials. Even weirder: Her face itself appeared to be fake. https://t.co/yvZbK8RoQt pic.twitter.com/CY85RRznk8 — Raphael Satter @ RightsCon (@razhael) June […]

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Frederick Vallaeys Says We’ll All Still Have Marketing Jobs Despite AI

Issac Asimov predicted that robots would cause problems. Not that they would try to take over the world, but that they would take over jobs. People would be unhappy about this. We’ve already seen this happen with the advent of assembly lines at factories where robotic arms can assemble whole cars. But these are dumb machines. What happens when a machine can create quality marketing campaigns? What happens when the machine gets better than the human at keyword research? Will the digital marketing agency become a thing of the past? Fredrick Vallaeys, former Google employee and co-founder of Optmyzer, doesn’t think so. Here’s why. There Are Things Machines Don’t Know Machine learning already seems to be able to learn about the world on its own…sorta. It can mimic human speech…sorta. And it can predict the future…sorta. But what it doesn’t yet have is intuition, a distinctly human trait. What is […]

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Dawn of the Artificially Intelligent Consiglieri: Mankind’s New Best Friend

What if you had a Financial Intelligent Agent to help you with your budget, investments, travel plans and even work schedule? June 7, 2019 7 min read Opinions expressed by Entrepreneur contributors are their own. “Are you prepared for the digital earthquake, tornado, hurricane and tsunami (all wrapped into one) preparing to engulf our world?” writes entrepreneur and futurist Stephen Ibaraki. It’s part of the foreword to the book I recently co-wrote with Neil Sahota: Own the A.I. Revolution: Unlock Your Artificial Intelligence Strategy to Disrupt Your Competition. There has been a deluge of fearmongering surrounding the topic of artificial intelligence, including from individuals such as SpaceX CEO Elon Musk, who reportedly said: “With A.I., we are conjuring the demon.” But my co-author and I take a different approach to this technology. We view it as an opportunity for positive growth in the commercial and humanitarian sectors. To this end, Sahota, who is […]

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What Are Some of the Ethical Concerns of Artificial Intelligence?

The future of artificial intelligence depends on who holds the most resources and whose behavior is the most influential. May 29, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Mars Discovery District speaks with Frank Rudzicz of the University of Toronto about artificial intelligence (AI) and some of its ethical concerns. For example, access to AI is not always equal. Rudzicz also questions who is able to store the machines necessary to allow AI to function and which parties are able to afford these bigger, faster machines. Artificial intelligence can also reflect human biases, but it may also change its behavior in ways humans wouldn’t expect. To hear more about the intracies of artificial intelligence, click the video.  Related: When This Founder Had to Make One Big Decision, She Realized There Are Multiple Paths to Success Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful […]

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How Big Data Can Help Teach Us About Infectious Diseases

Tech’s role in tracking infectious diseases is burgeoning. May 15, 2019 2 min read Opinions expressed by Entrepreneur contributors are their own. In this video, Entrepreneur Network partner Mars Discovery District chats with Dr. Kamran Khan to talk about the future of data and infectious diseases.  Infectious diseases are spreading because the world’s population is increasing dramatically and urbanization is increasing. This trend of infectious diseases spreading is happening in tandem with the development of artificial intelligence (AI).  Khan says data can help to detect infectious diseases. AI, in particular, can act as a filter to isolating the most important signs to identifying infectious diseases.  Click the video to hear more.  Related: What Should Your Company Do When Its Funds Are Dwindling? Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio […]

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How to Integrate AI Into Your Business

Make it a top-down effort, and establish an interdisciplinary and diverse AI team. May 6, 2019 4 min read Opinions expressed by Entrepreneur contributors are their own. Artificial intelligence (AI) is a computerized learning process that more businesses are utilizing to streamline processes, improve customer service or create deliverable products. Many entrepreneurs want to include AI in their operations, and that doesn’t have to be difficult. While there are many ways to integrate AI into your business, the three most common applications are: Chatbots: These AI programs are most often used in customer service applications because of their ability to deliver information and support 24/7. By 2020, 85 percent of customer interactions are expected to be managed without a human, according to Chatbots Magazine. In addition, 80 percent of businesses plan to deploy some type of chatbot by that same year, and by 2022, the shift could reduce business costs by as much as […]

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There’s a Massive Gender Gap in AI, but Tech Education Programs for Young Girls Aim to Close It

Iridescent, a tech education nonprofit, teaches women and girls about AI, tech entrepreneurship and more. So far, it’s trained more than 114,000 people from 115 countries. April 22, 2019 10 min read Tara Chklovski had the weight of her family on her shoulders. Growing up in India in what she calls a lower-middle-class family, it was difficult not to notice the poverty around her — especially the pivotal role chance plays in determining the family someone is born into, as well as their access to education, healthcare and opportunity. Chklovski’s parents encouraged her to pursue a subject that intrinsically advanced the world, hoping it would also advance their family’s situation. “That is definitely the mantra of the times in India,” says Chklovski. “The lower middle class has this drive to get a degree in engineering or medicine or technology so you can lift your family out of poverty.”   She came […]

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Google Forms an External Council to Foster ‘Responsible’ AI

It’ll help govern facial recognition, machine learning and beyond. March 27, 2019 2 min read This story originally appeared on Engadget Google is joining Facebook, Stanford and other outfits setting up institutions to support ethical AI. The company has created an Advanced Technology External Advisory Council that will shape the “responsible development and use” of AI in its products. The organization will ponder facial recognition, fair machine learning algorithms and other ethical issues. The initial council is a diverse group that tackles a range of disciplines and experiences. The current advisors include academics focused both on technical aspects of AI (such as computational mathematics and drones) as well as experts in ethics, privacy and political policy. There’s also an international focus, with people ranging from as far afield as Hong Kong and South Africa. ATEAC will hold its first meeting in April, and plans three more over the course of 2019. And while they’ll […]

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Hello, Collaboration! How the Future of A.I. Lies With Brand Cross-Pollination

Alexa, meet Cortana. Cortana, meet Alexa — and Siri and Google Assistant. Now, PDAs, talk amongst yourselves … March 19, 2019 6 min read Opinions expressed by Entrepreneur contributors are their own. For a few years now, there have been rumblings that virtual assistants might actually start talking to one other. And in a pretty hilarious feat, people have figured out how to literally get Alexa, Siri and Google Assistant to chatter together in an endless loop. While this was entertaining, it’s the real-life partnership that Amazon and Microsoft have formed to have their virtual assistants truly talk to each other that is worth paying attention to. Related: Your Human Virtual Assistant Will Soon Be an AI-Driven Digital Assistant Both companies are enabling Microsoft’s business and productivity-focused Cortana to engage with Amazon’s consumer- and ecommerce-focused Alexa. A command of “Cortana, open Alexa” will enable Microsoft users to do things such as […]

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This AI Predicts Online Trolling Before It Happens

It’s being used to weed out fake reviews, but could also help predict and curb online harassment. March 19, 2019 4 min read This story originally appeared on PCMag How do you keep online trolls in check? Ban them? Require real names? Dr. Srijan Kumar, a post-doctoral research fellow in computer science at Stanford University, is developing an AI that predicts online conflict. His research uses data science and machine learning to promote healthy online interactions and curb deception, misbehavior, and disinformation. His work is currently deployed inside Indian e-commerce platform Flipkart, which uses it to spot fake reviewers. We spoke to Dr. Kumar ahead of a lecture on healthy online interactions at USC. Dr. Kumar, how do you counteract online harassment using data science and machine learning? How does your system identify the trolls? In my research, I build data science and machine learning methods to address online misbehavior, which transpires as false information […]

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President Trump Signs Executive Order Establishing the ‘American AI Initiative’

The plan is light on details and loaded with China subtext. February 12, 2019 6 min read This story originally appeared on PCMag President Trump today signed an executive order establishing the “American AI Initiative” to guide AI development in the United States. The Trump administration released details about the initiative ahead of the announcement breaking down five “key pillars” of the overarching U.S. AI strategy, but details are scant on funding, timelines, and the larger geopolitical forces at play behind America’s long-awaited move to establish official policy overseeing and governing AI development. The Obama administration released a report in 2016 that broke down factors such as automation and economic transformation, cybersecurity, research, and foreign policy, but stopped short of providing anything beyond a potential regulatory framework. The American AI Initiative is currently broken down into five core areas: Funding: The government will direct federal agencies to “prioritize investments” in AI research and development, but there are […]

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Artificial Intelligence Is Changing Banking and Wall Street. Here’s What to Expect in 2019.

AI is coming to your financial institution, to make trading algorithms more reliable, lower fees and personalize financial products. February 8, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. New technologies have enabled tremendous evolution in the finance industry, especially over the past decade. Thanks to machine learning and artificial intelligence (AI), investors and consumers are getting access to more innovative tools, new types of financial products and a new potential for growth. Related: 5 Ways Artificial Intelligence Is Already Transforming the Banking Industry So, what kind of impact is AI having on banking and Wall Street, and how might the resulting impact on entrepreneurs evolve in 2019? 1. More accessible technologies for consumers Some of the best AI developments have been reserved for private banks, professional investors, venture capital firms and other major organizations. But 2019 and beyond will likely bring the trend of more accessibility for consumers, […]

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3 Ways to Robot-Proof Your Job

Northeastern University president Joseph Aoun outlines a plan to save humanity’s role in the workplace. January 31, 2019 3 min read Whether you work behind a cash register or a laptop all day, for many of us, there is a growing dread that our industries — and our livelihoods — may be going the way of the wooly mammoth sooner than we’d like. Northeastern University president Joseph Aoun, author of Robot-Proof: Higher Education in the Age of Artificial Intelligence, warns that within the next two decades, 50 percent of the jobs we know in industrialized nations are going to disappear, and an even more staggering 70 percent of jobs in emerging economies will vanish. AI, robots and intelligent systems, it seems, are poised to make our lives easier and unemployment harder to avoid all at once. Related: What Every Entrepreneur Must Know About Artificial Intelligence Societies will face an enormous challenge in the […]

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Yaniv Altshuler Uses Big Data and Artificial Intelligence to Predict Consumer Behavior

The computer scientist and entrepreneur explains how his technology empowers banks, retailers, and other businesses. January 25, 2019 5 min read Opinions expressed by Entrepreneur contributors are their own. In this series called Member Showcase, we publish interviews with members of The Oracles. This interview is with Dr. Yaniv Altshuler, founder and CEO of Endor, which improves business decisions and revenue by predicting consumer behavior. It was condensed by The Oracles. Who was your biggest influence growing up?  Yaniv Altshuler: My parents. They taught me to believe in myself and my ability to achieve anything. They also taught me success that comes at the expense of others is not something to aspire to. What are you more skilled at than most people in the world?  Yaniv Altshuler: I can intuitively understand when a technology has disruptive potential. During my years of research, this helped me focus my energy in the […]

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Remember Elon Musk’s Scary Warning Against AI? Here’s More Reason to Worry.

Chinese venture capitalist Kai-Fu Lee will say on ’60 Minutes’ that AI will replace 40 percent of society’s jobs within as soon as 15 years. January 10, 2019 3 min read Remember when Elon Musk, speaking at SXSW in March 2018, scared the dickens out of us by warning against artificial intelligence (AI)? “The danger of AI,” Musk stated, “is much greater than the danger of nuclear warheads … more dangerous than nukes.” Now comes yet another worrisome prediction, this time from Chinese venture capitalist and the world’s foremost authority on AI, Kai-Fu Lee. In an interview to be aired this Sunday on 60 Minutes, Lee says that in as soon as 15 years, 40 percent of the world’s jobs could be done by machines. Related: 4 Artificial Intelligence Trends to Watch for in 2019 “AI will increasingly replace repetitive jobs, not just for blue-collar work, but a lot of white-collar work,” […]

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5 Ways Artificial Intelligence May Affect Health Care in the Near Future and What That Means for You

If you’re an entrepreneur in the healthcare field, you need to prepare: AI is coming to your segment soon. December 18, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. Technology is changing fast, and the world is changing with it. Concepts that were mere science fiction only a couple of decades ago — like artificial intelligence (AI) — are quickly becoming commonplace. Computers have become powerful enough to handle complex AI computations; machine learning algorithms are more accurate and faster than ever; and the cloud and the internet of things have made it possible for even small devices to access artificial intellgence’s enormous capabilities. Related: AI Is Transforming Healthcare as We Know It. Here’s a Look at the Future — and the Opportunities for Entrepreneurs. That’s why responsible use of AI solutions in health care could improve, and even save people’s lives. On the other hand, health care is an area where recklessness […]

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Is ‘Smart Compose’ Taking the Words Right out of Your Mouth? How AI is Changing the Way We Communicate.

From chatbots to rideshares, AI’s influence is inescapable. But what’s the impact on our communication? December 5, 2018 6 min read Opinions expressed by Entrepreneur contributors are their own. Ever known somebody so well that you find yourselves finishing each other’s sentences? Google’s AI-powered Smart Reply and Smart Compose features are attempting to get to know Gmail’s 1.4 billion users just that well. Related: All the Features You Need to Know About in the New Version of Gmail Smart Reply has been around for a while. It takes the form of three suggestions that appear at the bottom of your screen whenever you reply to an email. This feature not only offers you canned responses to choose from; it tries to guess the appropriate tone by analyzing your previous correspondence with the sender, the content of the message you’re replying to and numerous other factors. For example, a recent email from a friend suggesting […]

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4 Artificial Intelligence Trends to Watch for in 2019

Siri and Alexa are going to become a lot more useful to you in the near future. November 27, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. Consumers have been skittish about the notion of artificial intelligence (AI) invading their homes: What if robots take over the world? Who’s spying on me? Who’s listening to my conversations? But now those same consumers are starting to embrace the new technology in their personal lives and businesses. Related: 10 Artificial Intelligence Trends to Watch in 2018 This in turn has raised the confidence of companies interested in the technology — so much so that companies have tripled their AI investment since 2013, according to a survey by McKinsey & Company. AI, in fact, has the potential to completely change the way companies do business; and because of technological developments, more companies, in 2019, will be able to access and implement this life-changing technology. […]

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