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Facebook’s New AI Research Gives Hope For The Future Of Bots

While many expect chat bots to become a huge part of our AI-dominated future, they have been rather underwhelming so far. Behind almost any online bot are drop-down menus, slightly tweaked to appear as questions. This makes the whole experience way too robotic. In order to reach new heights, chatbots need new skills. They need to get cognitive abilities to reason with people. And these abilities might not be as far as you think. Facebook has been a major player in this field for a long time. They already launched their chatbot assistant, simply known as M. Yes, it’s true that it’s still humans who do all the difficult tasks, but it’s a step in the right direction. Facebook also created an open-source tool, designed to teach bots. Read also: Tech Titans Bought 34 AI Startups In Early 2017 Yesterday, the social media giant’s researchers from the FAIR lab showed a…

Data Science and AI Craft a New Super-player for a Football Club

S.L. Benfica—Portugal’s top football team and one of the best teams in the world—makes as much money from carefully nurturing, training, and selling players as actually playing football. Football teams have always sold and traded players, of course, but Sport Lisboa e Benfica has turned it into an art form: buying young talent; using advanced technology, data science, and training to improve their health and performance; and then selling them for tens of millions of pounds—sometimes as much as 10 or 20 times the original fee. Let me give you a few examples. Benfica signed 17-year-old Jan Oblak in 2010 for €1.7 million; in 2014, as he blossomed into one of the best goalies in the world, Atlético Madrid picked him up for a cool €16 million. In 2007 David Luiz joined Benfica for €1.5 million; just four years later, Luiz was traded to Chelsea for €25 million and player Nemanja Matic. Then, three years after that,…

AI Mines Hundreds of Thousands of News Articles Per Hour for Stock Tips

A machine learning algorithm is using sentiment analysis to make stock price predictions with 76 percent accuracy. Trading and machine learning were made for each other. Both activities are rooted in analyzing noisy data for patterns and using those patterns for making predictions. The relationship is so much so that you can even take graduate-level college courses focused entirely on the problem of applying machine learning to trading. Surely many an engineer has felt the allure of this “dark side.” Generally, in AI stock trading machine learning is used to build models based on financial data, of which there is no shortage of moving averages of stock highs and lows, moving averages of trade volume, overall market trends, market volatility, etc. This stuff is all right there and easy enough to translate into features useful for training machine learning models, but stock prices themselves react to more than just historical financial data.…

Singularity: Explain It to Me Like I’m 5-Years-Old

Trying to get children to understand artificial intelligence is a feat in its own right. Explaining how it could one day become smarter than us is an entirely different challenge via GIPHY SUPERCOMPUTERS TO SUPERINTELLIGENCE Here’s an experiment that fits all ages: approach your mother and father (if they’re asleep, use caution). Ask them gently about that time before you were born, and whether they dared think at that time that one day everybody will post and share their images on a social network called “Facebook”. Or that they will receive answers to every question from a mysterious entity called “Google”. Or enjoy the services of a digital adviser called “Waze” that guides you everywhere on the road. If they say they figured all of the above will happen, kindly refer those people to me. We’re always in need of good futurists. The truth is that very few thought, in…

Elon Musk Launches Neuralink, a Venture to Merge the Human Brain With AI

SpaceX and Tesla CEO Elon Musk is backing a brain-computer interface venture called Neuralink, according to The Wall Street Journal. The company, which is still in the earliest stages of existence and has no public presence whatsoever, is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence. These enhancements could improve memory or allow for more direct interfacing with computing devices. Musk has hinted at the existence of Neuralink a few times over the last six months or so. More recently, Musk told a crowd in Dubai, “Over time I think we will probably see a closer merger of biological intelligence and digital intelligence.” He added that “it’s mostly about the bandwidth, the speed of the connection between your brain and the digital version of yourself, particularly output.”…