Companies are beginning to reboot their machine learning and analytics, which have been disrupted by the global pandemic.
The economic impact of COVID-19 is unprecedented, dramatically changing markets and prospects for economic growth. Supply chains, transportation, food processing, retail, e-commerce, and many other industries have transformed overnight. Unemployment in the U.S. has reached levels unknown in recent memory, and GDP is expected to fall around the world. As one economic journalist summed up the situation: “Nearly everything in the world is super-weird and disrupted right now.” Read More
Daily Archives: July 20, 2020
We Have Already Let The Genie Out of The Bottle
How will we make sure that Artificial Intelligence won’t run amok and will be a force for good?
There are many areas where governance frameworks and international agreements about the use of artificial intelligence (AI) are needed. For example, there is an urgent need for internationally shared rules governing autonomous weapons and the use of facial recognition to target minorities and suppress dissent. Eliminating bias in algorithms for criminal sentencing, credit allocation, social media curation and many other areas should be an essential focus for both research and the spread of best practices. Read More
OpenAI’s new language generator GPT-3 is shockingly good—and completely mindless
“Playing with GPT-3 feels like seeing the future,” Arram Sabeti, a San Francisco-based developer and artist, tweeted last week. That pretty much sums up the response on social media in the last few days to OpenAI’s latest language-generating AI. Read More
Even the Best AI Models Are No Match for the Coronavirus
Many so-called “quantitative funds” that mine historical data to make trading decisions fared poorly in March, when stocks fell sharply amid coronavirus fears.
The stock market appears strangely indifferent to Covid-19 these days, but that wasn’t true in March, as the scale and breadth of the crisis hit home. By one measure, it was the most volatile month in stock market history; on March 16, the Dow Jones average fell almost 13 percent, its biggest one-day decline since 1987. Read More
Rick's Cafe AI 