WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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How artificial intelligence can deliver real value to companies via @McKinsey #AI #retail #healthcare #utilities

How artificial intelligence can deliver real value to companies via @McKinsey #AI #retail #healthcare #utilities | WHY IT MATTERS: Digital Transformation | Scoop.it

Companies new to the space can learn a great deal from early adopters who have invested billions into AI and are now beginning to reap a range of benefits.

Farid Mheir's insight:

WHY IT MATTERS: if AI still feels too theoretical for you or too far fetched, then you should consider the use cases detailed in this article to spark your next strategic meeting discussions.

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This #AI #Technology will change everything for #retailers: simple cameras that detect everything shoppers do to enable retail store revolution

This #AI #Technology will change everything for #retailers: simple cameras that detect everything shoppers do to enable retail store revolution | WHY IT MATTERS: Digital Transformation | Scoop.it

All the Autonomous Store Platform needs in order to operate is the right number of cameras, which are designed to be easy to install and environmentally friendly. Our work in Vision AI focuses on understanding the interaction between humans and the physical world.

Farid Mheir's insight:

WHY IT MATTERS: retailers cannot compete with Amazon on the level of R&D investment so they have to leverage technology developed by others. Here at CES2018 the company Aipoly from San Francisco just launched the technology required to enable forward looking retailers in their modernization.

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How neural networks work - short #video introduction everyone should watch #AI #NeuralNetwork #DeepLearning

A gentle introduction to the principles behind neural networks, including back propagation.

Farid Mheir's insight:
WHY IT MATTERS: this is the basic of how artificial intelligence works. Everyone should understand this to gain little bit more understanding of the digital world around us.
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Ray Kurzweil - Human-Level #AI is Just 12 Years Away #video #singularityIsNear

In December 2012, Kurzweil was hired by Google in a full-time position to "work on new projects involving machine learning and language processing". He was personally hired by Google co-founder Larry Page. Larry Page and Kurzweil agreed on a one-sentence job description: "to bring natural language understanding to Google".

Farid Mheir's insight:

WHY IT MATTERS: a great talk from one of the great minds in AI and technology in general. Moreover he provides an optimistic viewpoint on AI and the changes that are coming in the next few years. And remember, when you reach 1% of the final goal, you are only 7 years from 100%, assuming doubling every year or so. This is what exponential growth means.

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At Retail Trade Show, Technology Is the Star #eCommerce #AI

At Retail Trade Show, Technology Is the Star #eCommerce #AI | WHY IT MATTERS: Digital Transformation | Scoop.it

The National Retail Federation expo resembles the electronics trade show CES, fixating on artificial intelligence, big data and automation.

Farid Mheir's insight:

WHY IT MATTERS: good to read for those that have missed the NRF this year.

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The Artificial Intelligence Revolution explained in relatively simple terms #AI #SingularityIsNear

The Artificial Intelligence Revolution explained in relatively simple terms #AI #SingularityIsNear | WHY IT MATTERS: Digital Transformation | Scoop.it

We are on the edge of change comparable to the rise of human life on Earth.

Farid Mheir's insight:

WHY IT MATTERS: A great review of the elements that combine to make artificial intelligence a reality today, along with its potential for the future.

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Performance Trends in AI for #gaming #imageRecognition #speechRecognition #machineTranslation #NaturalLanguageProcessing #NLP

Performance Trends in AI for #gaming #imageRecognition #speechRecognition #machineTranslation #NaturalLanguageProcessing #NLP | WHY IT MATTERS: Digital Transformation | Scoop.it

Deep learning has revolutionized the world of artificial intelligence. But how much does it improve performance?  How have computers gotten better at different tasks over time, since the rise of deep learning?

Farid Mheir's insight:

WHY IT MATTERS: a great review of the performance of Artificial Intelligence in areas such as gaming, image recognition, speech recognition, machine translation and natural language processing.

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Five years ago, #AI was struggling to identify cats. Now it’s trying to tackle 5000 species.

Five years ago, #AI was struggling to identify cats. Now it’s trying to tackle 5000 species. | WHY IT MATTERS: Digital Transformation | Scoop.it

In 2012, Google made a breakthrough: It trained its AI to recognize cats in YouTube videos. Five years later, a contest Google is sponsoring speaks volumes about the field’s advancement. Instead of finding cats, researchers will be required to train an AI to identify more than 5000 different species of plants and animals.

Farid Mheir's insight:

WHY IT MATTERS: training artificial intelligence algorithms requires lots of data. This new project has already gathered data about 125K species from over 7M observations worldwide. Expect this and other contributions to continue the exponential growth of image recognition technologies.

Eryk Glaza's curator insight, January 14, 2018 9:09 PM
Pięć lat temu, sztuczna inteligencja nie potrafiła prawidłowo rozpoznać kota, dzisiaj rozpoznaje ponad 5000 roślin i zwierząt dookoła globu.
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The Economist describes the state of natural language processing in 2017 and what machines require to become more "human" #AI #NLP #MachineLearning

The Economist describes the state of natural language processing in 2017 and what machines require to become more "human" #AI #NLP #MachineLearning | WHY IT MATTERS: Digital Transformation | Scoop.it

Computers have got much better at translation, voice recognition and speech synthesis, says Lane Greene. But they still don’t understand the meaning of language. Language is widely seen as humankind’s most distinguishing trait. AI researchers insist that their machines do not think like people, but if they can listen and talk like humans, what does that make them? As humans teach ever more capable machines to use language, the once-obvious line between them will blur.

Farid Mheir's insight:

WHY IT MATTERS: this article describes the current state of text understanding with the angle of text translation by machines. It opens up discussions of what it means to be human.

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The State of Artificial Intelligence as explained by Andrew Ng Stanford professor, Baidu & ex-Google Brain leader #AI #MachineLearning #AIBusinessApplications #emtech HT @barterpaul

Professor Andrew Ng is the former chief scientist at Baidu, where he led the company's Artificial Intelligence Group. He is an adjunct professor at Stanford University. In 2011 he led the development of Stanford University’s main MOOC (Massive Open Online Courses) platform and also taught an online Machine Learning class that was offered to over 100,000 students, leading to the founding of Coursera.

Farid Mheir's insight:

WHY IT MATTERS: this 30min video is the best, by far, explanation of Artificial Intelligence and its impact on business today and the near future.

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A great explanation of transfer learning and why it has become Machine Learning's Next Frontier #AI #MachineLearning

A great explanation of transfer learning and why it has become Machine Learning's Next Frontier #AI #MachineLearning | WHY IT MATTERS: Digital Transformation | Scoop.it

Andrew Ng, chief scientist at Baidu and professor at Stanford, said during his widely popular NIPS 2016 tutorial that transfer learning will be -- after supervised learning -- the next driver of ML commercial success.

Farid Mheir's insight:

WHY IT MATTERS: machine learning biggest advantage over human learning is that machines can share what they learn. For example, robots and self-driving cars can train using a simulator before they go in the real world. Moreover they can transfer what they learn in one field - say cat-dog image analysis - and apply it to another domain - say reading medical X-ray. This vastly improves the speed with which machines learn. This is a definitive advantage for machines that can ride digital technology's exponential growth. Ultimately, machines will become way more intelligent than humans because of their capacity to leverage the sum of all previous knowledge from birth, unlike us humans. We are doomed!

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The most dexterous #robot yet learned to grasp from virtual objects using #AI via @MIT

The most dexterous #robot yet learned to grasp from virtual objects using #AI via @MIT | WHY IT MATTERS: Digital Transformation | Scoop.it
Aparicio says the research is exciting because the reliability of the arm offers a clear path toward commercialization.

Developments in machine dexterity may also be significant for the advancement of artificial intelligence. Manual dexterity played a critical role in the evolution of human intelligence, forming a virtuous feedback loop with sharper vision and increasing brain power. The ability to manipulate real objects more effectively seems certain to play a role in the evolution of artificial intelligence, too.
Farid Mheir's insight:

WHY IT MATTERS: AI is useful for more than making recommendations of Netflix movies to watch. Here it is applied to the issue of robot hand grasping and the video shows amazing result with robots able to close an amazon shipping box container. wow!

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Email this to your CEO with subject "URGENT" & ask what they are doing about this today? - Why digital transformation is now on the CEO’s shoulders via @McKinsey

Email this to your CEO with subject "URGENT" & ask what they are doing about this today? - Why digital transformation is now on the CEO’s shoulders via @McKinsey | WHY IT MATTERS: Digital Transformation | Scoop.it

...it forces CEOs to rethink how companies execute, with new business processes, management practices, and information systems, as well as everything about the nature of customer relationships. I’m seeing leaders who get this. They’re all over it: they want to launch five transformation initiatives right now; they’re talking to me and every digital leader they know about where the technology threats are coming from; and they’re hiring the best people to advise them. Yet I’m shocked by—even fearful for—the many CEOs I know who seem to be asleep at the switch.

Farid Mheir's insight:

WHY IT MATTERS: digital transforms every single business functions in the organizations. But unlike previous eras such as the Internet, this may be existential for many organizations. Thomas Siebel makes a very compelling arguments to get going big and hire great partners and consultants - think of me when you do! ;-)

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8 Essential #technologies & the use cases where they can be applied @ThomasKarolak

8 Essential #technologies & the use cases where they can be applied @ThomasKarolak | WHY IT MATTERS: Digital Transformation | Scoop.it

This paper examines the essential eight technologies that matter and what business leaders now need to do about them, and emerging technologies in general.

Farid Mheir's insight:

WHY IT MATTERS: A good summary of potential use cases and applications for key digital technologies that revolutionize business.

Jevachoudary's comment, January 6, 2018 2:24 AM
These hacks really helpful,thanks for sharing.
https://goo.gl/AHvybK
Naz Bhayani's curator insight, January 8, 2018 1:21 PM

Latest Tech, for those looking to make big changes in their careers, here you go! learn, invest time and reap rewards

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#Apache PredictionIO is proof that value is in the #data, not the #software

#Apache PredictionIO is proof that value is in the #data, not the #software | WHY IT MATTERS: Digital Transformation | Scoop.it

Apache PredictionIO is an open source Machine Learning Server built on top of a state-of-the-art open source stack for developers and data scientists to create predictive engines for any machine learning task.

Farid Mheir's insight:

WHY IT MATTERS: AI toolkits are now plentiful and opensource, this is just one of them. Why opensource? Because the real value is in the data you have, not the software. It's the data stupid...!

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One small backflip for a #robot is one giant leaping backflip for humankind

One small backflip for a #robot is one giant leaping backflip for humankind | WHY IT MATTERS: Digital Transformation | Scoop.it

Something that often bothers me about sci-fi is the loner inventor trope. A guy in a garage builds a robot, or AI, or frequently both that are somehow decades beyond the technology of his day. It’s hard to even appreciate how hard this is for robots to do, because it’s hard to appreciate how difficult walking still is for humanoids. I wrote a whole piece about the problem of building walking robots back in 2011 — it wasn’t pretty back then, and it’s still a challenge for most full-sized humanoids.

Farid Mheir's insight:

WHY IT MATTERS: we've heard that robots will replace humans for so many years now that we tend to dismiss such claims. This demonstration shows that this may change in the near future with huge impact on manufacturing of course but also in autonomous vehicles, delivery drones and maybe personal robots. And this would be something very significant given the difficulty that employers have finding workers for certain low skills jobs such as truck drivers https://www.forbes.com/pictures/lmh45edlmk/2017-30-under-30-the-st/#28c4963119b4 

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LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market

LinkedIn’s 2017 U.S. Emerging #Jobs Report concludes that technology skills and soft skills are key for today's job market | WHY IT MATTERS: Digital Transformation | Scoop.it

It may come as no surprise that technology-centric roles stole the show among emerging jobs in the United States, but the prevalence of machine learning and data science roles and skills indicate a shift in the types of technology we can expect to be using in the near future, as well as what professionals should be preparing themselves for.

Having an academic background and a comprehensive suite of skills were also strong trends, especially among professionals who are now machine learning engineers and data scientists. Both of these roles are also often held by professionals with 10 years or more of professional experience, so for those just starting out and having trouble landing one of these titles, don’t be discouraged!

It’s always a good reminder that soft skills will always be important, no matter the profession. The ability to collaborate, be a leader, and learn from colleagues will stand out in interviews, and even more once starting a job.

Farid Mheir's insight:

WHY IT MATTERS: the conclusion of the study is simple: go to University and study something related to technology. Simple, no?

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The downside of #drones & #AI- Researchers Create Video to Call for Autonomous Weapons Ban at UN @FLIsrisk

The downside of #drones & #AI- Researchers Create Video to Call for Autonomous Weapons Ban at UN @FLIsrisk | WHY IT MATTERS: Digital Transformation | Scoop.it

In response to growing concerns about autonomous weapons, a coalition of AI researchers and advocacy organizations released a fictitious video on Monday that depicts a disturbing future in which lethal autonomous weapons have become cheap and ubiquitous. The video was launched in Geneva, where AI researcher Stuart Russell presented it at an event at the United Nations Convention on Conventional Weapons hosted by the Campaign to Stop Killer Robots. Russell, in an appearance at the end of the video, warns that the technology described in the film already exists and that the window to act is closing fast.

Farid Mheir's insight:

WHY IT MATTERS: there is often a downside to advanced technology, especially those that can allow its owner dominance. In this video scenario, humans weaponize drones with AI. But the real danger is for superintelligent AI to turn against us humans. 

For more, read the amazing book Superintelligence: http://sco.lt/5uYgyn 

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Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst

Impact of the Fourth Industrial Revolution on Supply Chains HT @JimMarous @MikeQuindazzi @wef  #banking #AI #IoT #robotics #blockchain #wearable #AR #Analytics #voicefirst | WHY IT MATTERS: Digital Transformation | Scoop.it

Disruptive technologies are transforming all end-to-end steps in production and business models in most sectors of the economy. The products that consumers demand, factory processes and footprints, and the management of global supply chains are being re-shaped to an unprecedented degree and at unprecedented pace. Industry leaders who were consulted believe that new technological solutions heralded by the Fourth Industrial Revolution – such as advanced robotics, autonomous systems and additive manufacturing – will revolutionize traditional ways of creating value. As the costs of deploying technology continue to fall, international differentials in labour costs will no longer be a decisive factor in choosing the location of production.

The resulting greater spatial and temporal flexibility brought about by technology will bring locations of production and sale closer together, and drive major changes in the design of future value and supply chains. These trends will change the shape and form of globalization, and thereby impact the trajectory of goods. Regional and local flows will become more important, to the detriment of intercontinental trade.

Farid Mheir's insight:

WHY IT MATTERS: the world economic forum keeps putting out great reports on the impact of digital transformation. I love the illustrations, great summary of key trends and their adoption. Must read.

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Cyber-Risk & Resilience 2017 details large-scale #cyberattacks & #online threats to #businesses are rising exponentially #tech #digital #data #business #hack #blockchain via @Raconteur @kuriharan

Cyber-Risk & Resilience 2017 details large-scale #cyberattacks & #online threats to #businesses are rising exponentially #tech #digital #data #business #hack #blockchain via @Raconteur @kuriharan | WHY IT MATTERS: Digital Transformation | Scoop.it

In an evermore connected world, large-scale cyberattacks and online threats to businesses are rising exponentially. The Cyber-Risk & Resilience special report, published in The Sunday Times, features insights into the impact cybercriminals can inflict on organisations and individuals. From chatbots spreading fake news, risks concerning personal data, biometrics and fraud, as well as tackling phishing emails, the potential dangers are unprecedented. Also included is an infographic on why hackers hack and an article on the top five ways quantum computing will change cybersecurity for good.

Farid Mheir's insight:

WHY IT MATTERS: the more we digitize our businesses and our lives the more we are exposed to hacking. The explosion of cryptocurrencies hacking and recent months appears to be a strong trend. A great series of articles on the subject is presented here.

Кирилл Беличенко's curator insight, November 30, 2022 6:42 AM

Zagrożenia internetowe i statystyki hakerskie

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How Does Your Neighborhood Vote? Researchers use Google Street View images for #BigData analysis to predict everything from income and race to election results

How Does Your Neighborhood Vote? Researchers use Google Street View images for #BigData analysis to predict everything from income and race to election results | WHY IT MATTERS: Digital Transformation | Scoop.it

You can learn a lot about an area just from the cars parked on its streets.

Farid Mheir's insight:

WHY IT MATTERS: using Big Data and AI techniques on the ever expanding data around us can help predict things that are often surprising. Expect more like this in the coming years with the increase in Internet of Things.

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Jeff Bezos: The electricity metaphor for the dotcom boom and Internet - This can apply now to #AI #bitcoin #blockchain #TED

The dot-com boom and bust is often compared to the Gold Rush. But Amazon.com founder Jeff Bezos says its more like the early days of the electric industry.

Farid Mheir's insight:

WHY IT MATTERS: I've used the electricity metaphor many times before to explain the digital transformation potential impact on businesses. Jezz Bezos here gives us a great presentation that I believe also applies to more current technologies that are artificial intelligence and the blockchain. Well invested 15min video (or 7.5min at 2x speed ;-)

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.@Stanford conducting a 100 Year Study on Artificial Intelligence #AI #AI100 #WOW

.@Stanford conducting a 100 Year Study on Artificial Intelligence #AI #AI100 #WOW | WHY IT MATTERS: Digital Transformation | Scoop.it
Stanford University has invited leading thinkers from several institutions to begin a 100-year effort to study and anticipate how the effects of artificial intelligence will ripple through every aspect of how people work, live and play.
Farid Mheir's insight:

WHY IT MATTERS: anyone committing to a 100-year study is worth my attention. And to have the best in the field do that I find is just the best way for future generations to understand the context in which we make decisions regarding how AI develops. Fascinating. Just look at the topics they cover:

  1. Technical trends and surprises
  2. Key opportunities for AI
  3. Delays with translating AI advances into real-world value. 
  4. Privacy and machine intelligence. 
  5. Democracy and freedom. 
  6. Law. 
  7. Ethics. 
  8. Economics. 
  9. AI and warfare. 
  10. Criminal uses of AI. 
  11. Collaborations with machines. 
  12. AI and human cognition. 
  13. Safety and autonomy. 
  14. Loss of control of AI systems. 
  15. Psychology of people and smart machines. 
  16. Communication, understanding, and outreach. 
  17. Neuroscience and AI. 
  18. AI and philosophy of mind.
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Navigating a World of Digital Disruption via @BCG

Navigating a World of Digital Disruption via @BCG | WHY IT MATTERS: Digital Transformation | Scoop.it

So leaders need to focus on asymmetrical rivals and unlikely allies, on hackers and hobbyists, on rooftop solar panels and 3-D printers. They must also adapt their strategies to the possibility of shared infrastructure, to data that wants to be big, to the implacable embrace-and-extend bear hug of Google and Amazon and the National Security Agency. Conventional business models may be simultaneously too big and too small. How should executives respond? Here are the four major drivers of the new industrial architecture and the key strategic imperatives for companies.

Farid Mheir's insight:

WHY IT MATTERS: in this article BCG explores the underlying elements that should drive digital transformation in organizations. Not for the faint at heart.

Ian Harris's curator insight, December 9, 2017 5:23 PM

Brain fodder for business leaders!

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Distill is a new #publication platform to share the latest articles about #machineLearning in a visual & interactive way

Distill is a new #publication platform to share the latest articles about #machineLearning in a visual & interactive way | WHY IT MATTERS: Digital Transformation | Scoop.it

Machine Learning Research Should Be Clear, Dynamic and Vivid.
Distill Is Here to Help. The web is a powerful medium to share new ways of thinking. Over the last few years we’ve seen many imaginative examples of such work. But traditional academic publishing remains focused on the PDF, which prevents this sort of communication.

Farid Mheir's insight:

WHY IT MATTERS: AI researcher often struggle to explain concepts in their research. They have created a new publication platform to help make papers easier to understand and reduce what they call "research debt". I think the same applies to many other fields...

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