Lifeboat Foundation

The Futures Conference is coming to Sydney, Australia. Metaverse means Community. Technology is the pathway to the Future. The Arts meets Science meets Tech meets Business.

Tobi Alaji grew up as an artist who loved designing and creating new things. Today, she has merged her love for art and skill in software development to build the tech empire, ‘TECHTEE’ which she runs. TechTee is a digital agency and software house that creates an all-around digital experience by combining the best software with the most intriguing customer-centered designs.

TechTee is one of the world’s first Black-owned and woman-founded digital agency according to nftnow. The company boasts of collaborations with famous companies like Deutsche Bank, La Perla, NBC, M&S, and Apple, among others.

In an interview with Business Leader, she shared that she never wanted to own a business growing up because she never understood what it entailed. However, when she was 17, Tobi taught herself Java from a software development book she picked in the Shepherds Bush Library. Since then, she continued to teach herself and practice coding.

Siren is a digital human that showcases the potential of 3D/4D scanning technology for digitizing human appearance and motion with unprecedented realism.

Epic Games Inc. is a leading developer of the popular video game engine Unreal Engine. Recently, the company launched the highly anticipated MetaHuman Creator, a tool for creating high-fidelity digital humans for various applications including video games, film and more. The MetaHuman Creator is powered by advanced motion capture and rendering technology, enabling creators to create lifelike characters that can be customized and animated for various uses.

The advancement of digital humans is disrupting our world in profound and unpredictable ways. As they become increasingly intelligent, empathetic and capable, they will reshape businesses, society and human relationships at every level.

Article by John Gao, President of 5.5G Domain, Huawei

As industries increasingly lean on new digital technologies to streamline operations, digital twins are being used by business to generate complete and dynamic overviews of their assets and their processes. The Internet of Things (IoT) is key to realizing this vision. Following 80 years of development, RFID technology, which offers low cost and zero power consumption, is currently the most widely used technology in the retail and logistics industries that enables this. However, this technology application scenarios are limited. It is hampered by the very short distance it can transmit its signal, is relatively expansive to integrate and is not very advanced when it comes to automation.

By reducing costs and the need for labor, a passive IoT solution could make sensor networks far more economically viable. Passive IoT technologies could support two key IoT application scenarios and disrupt current logistics best practice and business operations. Passive IoT technologies could make sensor networks far more economically viable, while dramatically increasing the efficiency of warehouse stocktaking and other industrial processes by tracking hundreds of thousands of items over a 200m2 area in real time.

Cactus Materials touted the emerging talent pool at local universities and the emerging ecosystem of the semiconductor industry as reasons to do business in Arizona.

The White House has designated Phoenix as a workforce hub to help meet the demand for qualified and diverse talent in semiconductors, renewable energy and electric vehicles.

Over the next five years, Cactus Materials said it intends to make further upgrades at its facility and invest up to $300 million. The company had previously been awarded grants from NASA and the U.S. Department of Energy and has applied for funding earmarked for the semiconductor sector through the CHIPS and Science Act.

A leading expert in artificial intelligence warns that the race to develop more sophisticated models is outpacing our ability to regulate the technology. Critics say his warnings overhype the dangers of new AI models like GPT. But MIT professor Max Tegmark says private companies risk leading the world into dangerous territory without guardrails on their work. His Institute of Life issued a letter signed by tech luminaries like Elon Musk warning Silicon Valley to immediately stop work on AI for six months to unite on a safe way forward. Without that, Tegmark says, the consequences could be devastating for humanity.

#ai #chatgpt #siliconvalley.

Continue reading “Max Tegmark interview: Six months to save humanity from AI? | DW Business Special” »

Machine learning has an “AI” problem. With new breathtaking capabilities from generative AI released every several months — and AI hype escalating at an even higher rate — it’s high time we differentiate most of today’s practical ML projects from those research advances. This begins by correctly naming such projects: Call them “ML,” not “AI.” Including all ML initiatives under the “AI” umbrella oversells and misleads, contributing to a high failure rate for ML business deployments. For most ML projects, the term “AI” goes entirely too far — it alludes to human-level capabilities. In fact, when you unpack the meaning of “AI,” you discover just how overblown a buzzword it is: If it doesn’t mean artificial general intelligence, a grandiose goal for technology, then it just doesn’t mean anything at all.

Page-utils class= article-utils—vertical hide-for-print data-js-target= page-utils data-id= tag: blogs.harvardbusiness.org, 2007/03/31:999.357346 data-title= The AI Hype Cycle Is Distracting Companies data-url=/2023/06/the-ai-hype-cycle-is-distracting-companies data-topic= AI and machine learning data-authors= Eric Siegel data-content-type= Digital Article data-content-image=/resources/images/article_assets/2023/06/Jun23_02_Skizzomat-383x215.jpg data-summary=

By focusing on sci-fi goals, they’re missing out on projects that create real value right now.

AI is everywhere. Its use is being debated in headlines, on social media and around dinner tables. To some, the rate of AI acceleration is concerning, with many technology leaders calling for a six-month pause in the training of new systems to better understand the impact such tools are having. To others, AI is seen as the cornerstone of the fourth industrial revolution, the latest disruptive technology opening up possibilities for new ways of learning, working and living that we have never experienced before.

Yet, disruptive technologies are nothing new. They have been changing the way we live and work for decades. And these changes have not been without consequences, particularly in the form of economic dislocation and social upheaval. Automation in manufacturing has streamlined mass production and driven down costs; Ecommerce platforms have reshaped the way we shop and do business; even online education has found new ways to provide flexible and affordable ways of learning, delivering opportunities to millions across the globe that simply were not available before.

Presently, much of the discussion around the impact of AI is based on conjecture. However, it is widely agreed that it will have a major impact on jobs and even has the potential to call into question the very fundamentals of what work is. What is not understood is how AI will play out across society in the longer term. Will it, like previous technological revolutions, deliver short-term disruptions followed by long-term benefits, or will it be the catalyst for new ways of learning and upskilling and help reduce the widening digital divide?

Midcap information technology (IT) services firm, Mphasis, on Thursday, announced the setting up of a business unit dedicated to generative artificial intelligence (AI). The unit will offer advisory on adoption of generative AI solutions to clients, develop the company’s own generative AI properties, offer licenses to over 250 AI models through the company’s ‘Hyperscaler’ solutions marketplace for clients, partnerships with 50 startups for helping clients build solutions, and offer conversational AI tools such as chatbots for clients to deploy in their business.

Anup Nair, who has so far served as senior vice-president and chief technology officer (CTO) of Mphasis Digital, will helm the unit, called Mphasis.ai, as its chief architect and CTO.

The launch of the dedicated business unit comes after a flurry of similar launches by pretty much every large-cap IT services firm in the country. On 6 April, Tech Mahindra became the first of the large domestic IT firms to launch a generative AI solution, called ‘Generative AI Studio’, to help clients deploy the technology for content generation use cases.