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Archive for the ‘business’ category: Page 116

Jan 1, 2022

Shanghai doubles down on the metaverse

Posted by in category: business

A Shanghai city department’s five-year development plan includes encouraging metaverse use in public services, business offices and social entertainment.

Dec 30, 2021

How a startup uses AI to put worker safety first

Posted by in categories: biotech/medical, business, robotics/AI

Unpredictable spikes and drops in demand combined with chronic supply chain and labor shortages are accelerating the pace of digital transformation in manufacturing, starting with worker safety. Forty-eight percent of manufacturers say their progress on digital transformation initiatives has accelerated so much that it’s years ahead of what was originally anticipated, according to a KPMG study. Keeping workers safe and connected is the primary goal of most digital transformation and hiring plans, with on-site distancing & workplace safety listed as the two highest priorities.

Everguard.ai, a startup based in Irvine, California, combines AI, computer vision, and sensor fusion to reduce the risk of injuries and accidents by preventing them before they happen. The company’s SENTRI360 platform proves effective in preventing workplace injuries and operational downtimes at several steel-heavy manufacturing companies, including Zekelman Industries and SeAH Besteel.

From redesigning shop floors, to meeting social distancing guidelines, and doubling their investment in training and development, worker safety now dominates manufacturing — even more so due to the pandemic. Frontline workers saved many manufacturing companies from going out of business by applying their expertise and insights in real-time, enabling entire plants to pivot and produce new products at record speed. Continued trade tensions, tariffs, and supplier shortages put more pressure on manufacturers to reshore production and have worker safety programs in place now. As manufacturing returns to the U.S., AI and computer vision are stepping up to improve worker safety.

Dec 30, 2021

Introducing the Trivergence: Transformation driven by blockchain, AI and the IoT

Posted by in categories: blockchains, business, climatology, economics, finance, government, internet, robotics/AI, sustainability

Trivergence is starting to affect every industry. In financial services, the wallet has become a smart app that can collect data and learn. On a blockchain, users can exchange, save, borrow, invest and protect this digital money peer-to-peer without the intermediation of banks. In manufacturing, 3D printers are manufacturing aircraft parts in a Boeing facility with a blockchain network facilitating all the patented files, contracting and payments peer-to-peer. Telecommunications companies are no longer negotiating complex, costly and ever-changing roaming agreements, but using blockchain-based smart contracts among providers to automate the web of payments and settlement globally.

Over time, the Trivergence will usher in a next-generation internet where nearly every animate and inanimate object on Earth generates data, a distributed ledger records and secures this data and AI analyzes the data, communicates with the objects, alerts their owners and continuously adjusts and improves the efficiency of the economy and the sustainability of its effects on the environment.

New business models enabled by this Trivergence are beginning to disrupt many industries and provide platforms for innovation in the economy for decades ahead. This second era has weighty implications for every business, government and individual, as well as technology strategy, architecture and leadership. If we can overcome the dark side — and that’s a big “if” — this Trivergence helps us reclaim our digital identities, effectively fight climate change and help solve some of the world’s most intractable problems.

Dec 30, 2021

FDA-Approved Eyedrops Could Replace Your Reading Glasses

Posted by in categories: biotech/medical, business, health

A medical breakthrough could help millions of Americans see a bit more clearly. In the latest edition of Your Health on TODAY, NBC’s Kristen Dahlgren reports on a new treatment that could replace your reading glasses.

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Dec 28, 2021

Elon Musk is a business ‘savant,’ but ‘his gift is not empathy,’ according to his brother Kimbal

Posted by in categories: business, Elon Musk

Elon Musk has limited empathy, according to his brother Kimbal. That could make the Tesla and SpaceX CEO a particularly bad boss — here’s why.

Dec 28, 2021

DRAM That Thinks Will Accelerate AI

Posted by in categories: business, robotics/AI

John von Neumann’s original computer architecture, where logic and memory are separate domains, has had a good run. But some companies are betting that it’s time for a change.

In recent years, the shift toward more parallel processing and a massive increase in the size of neural networks mean processors need to access more data from memory more quickly. And yet “the performance gap between DRAM and processor is wider than ever,” says Joungho Kim, an expert in 3D memory chips at Korea Advanced Institute of Science and Technology, in Daejeon, and an IEEE Fellow. The von Neumann architecture has become the von Neumann bottleneck.

What if, instead, at least some of the processing happened in the memory? Less data would have to move between chips, and you’d save energy, too. It’s not a new idea. But its moment may finally have arrived. Last year, Samsung, the world’s largest maker of dynamic random-access memory (DRAM), started rolling out processing-in-memory (PIM) tech. Its first PIM offering, unveiled in February 2021, integrated AI-focused compute cores inside its Aquabolt-XL high-bandwidth memory. HBM is the kind of specialized DRAM that surrounds some top AI accelerator chips. The new memory is designed to act as a “drop-in replacement” for ordinary HBM chips, said Nam Sung Kim, an IEEE Fellow, who was then senior vice president of Samsung’s memory business unit.

Dec 28, 2021

Boosting AI research: Will artificial brains replace human ones?

Posted by in categories: business, education, robotics/AI

It’s a major initiative, led by Russia’s Ministry of Science and Higher Education, which aims to boost higher education and research programs. The academic leadership program wants the country’s higher education centers to become more attractive to foreign students and scientists. Priority 2030 opened for business this summer, and after several months, over one hundred Russian universities were chosen as participants. All of them would get at least 100 million rubles ($1.4 million) annually for the development of their projects. Dozens of participants also applied for special grants, which provide the opportunity to receive up to 1 billion rubles ($13.6 million) annually.


There is a wide range of areas where artificial intelligence technology may be of use. All of these areas require qualified staff, and educating them is becoming a priority for Russian universities.

Dec 27, 2021

The Future Technology To Become Immortal

Posted by in categories: biotech/medical, business, computing, Elon Musk, life extension, neuroscience

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Undoubtedly the fear of death, encoded in our DNA to improve our chances of survival, is one of the least pleasant characteristics we are forced to live with. The idea that our life must have an end and then there is nothingness is not at all attractive, so it is not surprising that in the course of his history man has imagined countless ways to circumvent death.
Immortality (or eternal life) is the concept of surviving forever or for an indefinite period of time, without facing death or overcoming death itself.

Immortality can be intended in two main meanings, physical and spiritual. Physical immortality is generally conceived as the endless existence of the mind from a physical source, such as a brain or a computer. Spiritual immortality is generally conceived as the endless existence of an individual after physical death.

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Dec 26, 2021

Metaverse: The Most Evil Business in the World

Posted by in categories: blockchains, business

Facebook’s metaverse is far worse than you thought…

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Dec 26, 2021

Presenting the 1st International Symposium on Quantum Computing and Musical Creativity

Posted by in categories: business, computing, media & arts, quantum physics

By Sieglinde Pfaendler, Omar Costa Hamido, Eduardo Reck Miranda

Science and the arts have increasingly inspired each other. In the 20th century, this has led to new innovations in music composition, new musical instruments, and changes to the way that the music industry does business to day. In turn, art has helped scientists think in new ways, and make advances of their own.

An emerging community leveraging quantum computing in music and the music industry has inspired us to organize the “1st International Symposium on Quantum Computing and Musical Creativity.” This symposium will bring together pioneering individuals from academia, industry, and music. They will present research, new works, share ideas, and learn new tools for incorporating quantum computation into music and the music industry. This symposium was made possible through the funding of the QuTune Project kindly provided by the United Kingdom National Quantum Technologies Programme’s Quantum Computing and Simulation Hub (QCS Hub).