WHY IT MATTERS: Digital Transformation
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WHY IT MATTERS: Digital Transformation
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#AI investment is growing and touching every industry

#AI investment is growing and touching every industry | WHY IT MATTERS: Digital Transformation | Scoop.it
The CB Insights artificial intelligence deals tracker looks at top AI deals across industries.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

AI startups funding shows that the investments has been growing steadily in the past 4 years and that every industry will be affected by the technology.

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The Road Ahead: 6 Trends Shaping The Future of Auto Tech

The Road Ahead: 6 Trends Shaping The Future of Auto Tech | WHY IT MATTERS: Digital Transformation | Scoop.it

Interest in auto tech has risen dramatically in recent years. Technology has always been a staple of automotive research and development, but the past few years have seen a technology arms race as advances in IoT and artificial intelligence disciplines filter down to the automotive sector. Startup investment has risen dramatically as concepts once reserved for science fiction (like autonomous vehicles) move towards commercialization.

We analyzed the explosion of activity in the auto tech space using the CB Insights platform in our full webinar.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Automobile tech combines so many of the high tech solutions and technologies - from AI to new batteries - that it makes for a great case study to understand how much transportation will change in the coming years. And with it, the possibility of business transformation from eCommerce delivery to supply chain improvements to employee getting to work with little stress and no traffic jams.

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Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1

Weekend read: 350 slides Mary Meeker’s 2017 internet trends report - eCommerce is killing traditional retail #1 | WHY IT MATTERS: Digital Transformation | Scoop.it

The most anticipated slide deck of the year is here. Key takeaways:

  • Global smartphone growth is slowing: Smartphone shipments grew 3 percent year over year last year, versus 10 percent the year before. This is in addition to continued slowing internet growth, which Meeker discussed last year.
  • Voice is beginning to replace typing in online queries. Twenty percent of mobile queries were made via voice in 2016, while accuracy is now about 95 percent.
  • In 10 years, Netflix went from 0 to more than 30 percent of home entertainment revenue in the U.S. This is happening while TV viewership continues to decline.
  • Entrepreneurs are often fans of gaming, Meeker said, quoting Elon Musk, Reid Hoffman and Mark Zuckerberg. Global interactive gaming is becoming mainstream, with 2.6 billion gamers in 2017 versus 100 million in 1995. Global gaming revenue is estimated to be around $100 billion in 2016, and China is now the top market for interactive gaming.
  • China remains a fascinating market, with huge growth in mobile services and payments and services like on-demand bike sharing. (More here: The highlights of Meeker's China slides.)
  • While internet growth is slowing globally, that’s not the case in India, the fastest growing large economy. The number of internet users in India grew more than 28 percent in 2016. That’s only 27 percent online penetration, which means there’s lots of room for internet usership to grow. Mobile internet usage is growing as the cost of bandwidth declines. (More here: The highlights of Meeker's India slides.)
  • In the U.S. in 2016, 60 percent of the most highly valued tech companies were founded by first- or second-generation Americans and are responsible for 1.5 million employees. Those companies include tech titans Apple, Alphabet, Amazon and Facebook.
  • Healthcare: Wearables are gaining adoption with about 25 percent of Americans owning one, up 12 percent from 2016. Leading tech brands are well-positioned in the digital health market, with 60 percent of consumers willing to share their health data with the likes of Google in 2016.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

This is an annual bag of goodies.

Highlight #1: retail stores are closing at record pace while Amazon opens stores. This is such a huge trend because it transforms stores from a mini-warehouse into something else: a destination for experience, service, and training. Think Apple store with the highest sales per square foot, genius bar, classes and a showroom. Amazon has pushed its Amazon GO, no lines, no registers concept and it is rolling it out slowly. This is just the beginning...

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Change-Makers: The 31 Most Disruptive Technologies

Change-Makers: The 31 Most Disruptive Technologies | WHY IT MATTERS: Digital Transformation | Scoop.it
From cloud computing and lithium ion batteries to 3D printing and containerization, we collected the technologies that have done the most to shape the internet era.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

I usually repost those things around new years, with all the predictions etc. but this list seemed to me so appropriate and so true that I wanted to share now.

Tumbling Stones's curator insight, May 23, 2017 9:31 AM

WHY THIS IS IMPORTANT

I usually repost those things around new years, with all the predictions etc. but this list seemed to me so appropriate and so true that I wanted to share now.

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The Age of AI: How Artificial Intelligence is Transforming Organizations via @altimeter

The Age of AI: How Artificial Intelligence is Transforming Organizations via @altimeter | WHY IT MATTERS: Digital Transformation | Scoop.it

This report lays out the current state of AI for business, describes primary and emerging use cases, and states the risks, opportunities and organizational considerations that businesses are facing. It concludes with recommendations for companies thinking about applying AI to their own organizations, and a look at some of the business, legal and technical trends that are likely to shape the future.

Key Findings

  1. When it comes to use cases, narrow and clear is better than new and shiny. Some of the most promising uses of AI today are highly specialized and highly vertical — from farming, to self-driving cars, to predictive analytics and precision medicine. In many cases, the most successful deployments will identify buying signals and churn signals and automate complex processes.
  2. AI will become a forcing function for an organizational data strategy. AI learns from vast amounts of data. Clean, accessible data is the foundation upon which successful AI is built. This means that data availability and accessibility should be early considerations when determining where to build, and where not to build, AI into systems.
  3. Ultimately, the opportunity (and risk) of systems based on machine learning is in their ability to sense, communicate, learn, act and adapt over time, and to connect with other systems.  It’s not just about devices that will play a song or order tickets to a concert.
  4. Governance, privacy, ethics, and trust are critical to the customer experience. Even with a relatively “narrow” AI, it’s important to understand that enabling machines to learn and act based on data and past experience has significant implications. It’s critical to scenario plan for AI deployments — not only for the legal and regulatory reasons, but to protect and enhance the customer experience.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

The report provides one of the best diagram to explain where AI can be applied in businesses today.

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TensorFlow & Tensor Processing Units mean @Google will become the leader in #MachineLearning and #AI?

TensorFlow & Tensor Processing Units mean @Google will become the leader in #MachineLearning and #AI? | WHY IT MATTERS: Digital Transformation | Scoop.it

In just its first year, TensorFlow has helped researchers, engineers, artists, students, and many others make progress with everything from language translation to early detection of skin cancer and preventing blindness in diabetics. We're excited to see people using TensorFlow in over 6000 open-source repositories online.

Second-generation Tensor Processing Units (TPUs) are coming to Google Cloud to accelerate a wide range of machine learning workloads, including both training and inference. We call them Cloud TPUs, and they will initially be available via Google Compute Engine.

https://blog.google/topics/google-cloud/google-cloud-offer-tpus-machine-learning/ 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Artificial Intelligence (AI), Machine Learning (ML) and Deep Learning (DL) are impossible to neglect today and recent announcements from Google on TensorFlow and Tensor Processing Units mean that more companies and developers will be able to explore how AI and ML can be leveraged in their applications and industries. Expect acceleration in this field.

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Researchers show it is possible for #AI system to learn to fly by crashing into objects via @gnat

Researchers show it is possible for #AI system to learn to fly by crashing into objects via @gnat | WHY IT MATTERS: Digital Transformation | Scoop.it

How do you learn to navigate an Unmanned Aerial Vehicle (UAV) and avoid obstacles? One approach is to use a small dataset collected by human experts: however, high capacity learning algorithms tend to overfit when trained with little data. An alternative is to use simulation. But the gap between simulation and real world remains large especially for perception problems. The reason most research avoids using large-scale real data is the fear of crashes! In this paper, we propose to bite the bullet and collect a dataset of crashes itself! We build a drone whose sole purpose is to crash into objects: it samples naive trajectories and crashes into random objects. We crash our drone 11,500 times to create one of the biggest UAV crash dataset. This dataset captures the different ways in which a UAV can crash. We use all this negative flying data in conjunction with positive data sampled from the same trajectories to learn a simple yet powerful policy for UAV navigation. We show that this simple self-supervised model is quite effective in navigating the UAV even in extremely cluttered environments with dynamic obstacles including humans. For supplementary video see: https://youtu.be/u151hJaGKUo 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

We learn as much from our mistakes as from our good moves. This research shows that AI systems can do the same.

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A Peek at Trends in Machine Learning shows an explosion in papers recently

A Peek at Trends in Machine Learning shows an explosion in papers recently | WHY IT MATTERS: Digital Transformation | Scoop.it

Have you looked at Google Trends? It’s pretty cool — you enter some keywords and see how Google Searches of that term vary through time. I thought — hey, I happen to have this arxiv-sanity database of 28,303 (arxiv) Machine Learning papers over the last 5 years, so why not do something similar and take a look at how Machine Learning research has evolved over the last 5 years?

Farid Mheir's insight:

WHY THIS IS IMPORTANT

More research = more discoveries so we can expect even more practical uses of machine intelligence in the coming years...

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#fakeNews was nothing: AI algorithms are creating a frighteningly realistic fake future in #video

#fakeNews was nothing: AI algorithms are creating a frighteningly realistic fake future in #video | WHY IT MATTERS: Digital Transformation | Scoop.it
Thanks to machine learning, it’s becoming easy to generate realistic video, and to impersonate someone.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

If you thought fake news was bad, well an era of fake audio and news clips is about to dawn on us. We need regulations to govern this otherwise there will be consequences in the political, business and personal fronts for sure...

 

Also see this other blog post on the subject, as it related to fake actors in movies, a much less troublesome use of the technology: http://sco.lt/8Eglqj

 

This field is moving fast if you compare this to a blog post of January 2016: http://sco.lt/85op5l 

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AudioSet: A Dataset of 2M audio clips for Audio Event Research

AudioSet: A Dataset of 2M audio clips for Audio Event Research | WHY IT MATTERS: Digital Transformation | Scoop.it

Systems able to recognize sounds familiar to human listeners have a wide range of applications, from adding sound effect information to automatic video captions, to potentially allowing you to search videos for specific audio events. Building Deep Learning systems to do this relies heavily on both a large quantity of computing (often from highly parallel GPUs), and also – and perhaps more importantly – on significant amounts of accurately-labeled training data. However, research in environmental sound recognition is limited by currently available public datasets.
In order to address this, we recently released AudioSet, a collection of over 2 million ten-second YouTube excerpts labeled with a vocabulary of 527 sound event categories, with at least 100 examples for each category.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Training data is crucial for machine intelligence. This kind of stuff will help researchers improve their AI solutions. What is most important is the data has been crowdsourced from youTube videos. It used to be we were the product, not it seems we are the data...

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Advanced Crop Intelligence based on hyperspectral imaging #AgriTech

Advanced Crop Intelligence based on hyperspectral imaging #AgriTech | WHY IT MATTERS: Digital Transformation | Scoop.it
As data analytics company, Gamaya uses artificial intelligence and machine learning to translate hyperspectral imagery data captured by our unique patented hyperspectral camera into issue maps.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

Applying technology to the agriculture field has become huge business because it may have a profound impact on cost reduction, environmental protection and improve yields. This is one example of such tech.

elsdonshed's comment, April 22, 2017 12:49 AM
Awesome
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DeepMind is building a blockchain-style system to track healthcare records to bring back #privacy

DeepMind is building a blockchain-style system to track healthcare records to bring back #privacy | WHY IT MATTERS: Digital Transformation | Scoop.it

Alphabet’s artificial intelligence outfit, DeepMind, plans to build a blockchain-style system that will carefully track how every shred of patient data is used. The company, which is rapidly expanding its health-care initiatives, has announced that it will build a tool that it calls Verifiable Data Audit during the course of this year. The idea: allow hospitals, and potentially even patients, to see exactly who is using health-care records, and for what purpose. By logging how every piece of patient data is used, the company hopes to leave behind an indelible audit trail.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

For everyone concerned about privacy in the digital world, the mega digital record would provide visibility into what is currently a completely opaque process. But far more reaching is the possibility to extend this audit trail to all our personal data. 

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Trends in B2B Ecommerce: Browserless Commerce - Gorilla Group

Trends in B2B Ecommerce: Browserless Commerce - Gorilla Group | WHY IT MATTERS: Digital Transformation | Scoop.it
As B2B ecommerce matures and evolves, we’re beginning to see businesses transition beyond traditional commerce channels (online and offline). One area where we’ll see rapid innovation is in “browserless” commerce, which is quite simply removing the traditional browser interface from a range of purchasing / service scenarios.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

It is true that Internet permeates every single fiber of the digital strategies and we often forget to think outside the box. In this case, how can we perform eCommerce transactions without the use of a browser? AI, internet of things, chatbots are great ways to explore the opportunities.

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New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes 

New report confirms #InternetOfThings #BigData #MachineLearning Will Revolutionize Retail via @Forbes  | WHY IT MATTERS: Digital Transformation | Scoop.it
  • 70% of retail decision makers globally are ready to adopt the Internet of Things to improve customer experiences.
  • 73% of retailers rate managing big data as important or business-critical to their operations.
  • 78% of retailers say it is important or business-critical to integrate e-commerce and in-store experiences, so an omnichannel experience is delivered to every customer.
  • 87% of retailers will deploy mobile point-of-sale (MPOS) devices by 2021, enabling them to scan and accept credit or debit payments anywhere in the store.
  • 90% of retailers will implement buy online, pickup in store by 2021.

 

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Based on a detailed report, this article provides a chockful of stats about investments in certain technologies. Although based on a survey, it confirms certain trends that are widely accepted - so there should be no surprises for readers of this blog.

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How will #ArtificialIntelligence impact #architecture?

How will #ArtificialIntelligence impact #architecture? | WHY IT MATTERS: Digital Transformation | Scoop.it
“Let us consider an augmented architect at work. He sits at a working station that has a visual display screen some three feet on a side, this is his working surface, controlled by a computer with which he can communicate by means of small keyboards and various other devices.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

The fact that AI systems can now suggest new designs and explore new design areas that may be unexplored by human designers should be a strong motivation for businesses to explore how they can leverage AI before someone else does.

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Searching the World Wide World @DescartesLabs @Medium

Searching the World Wide World @DescartesLabs @Medium | WHY IT MATTERS: Digital Transformation | Scoop.it
Today, we’re unveiling a technology demonstration of machine learning at global scale, which we call GeoVisual Search. This release makes the global composite images we released last month a bit…
Farid Mheir's insight:

Nowhere to hide anymore...

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120 Machine Learning business ideas from the latest McKinsey report.

120 Machine Learning business ideas from the latest McKinsey report. | WHY IT MATTERS: Digital Transformation | Scoop.it

Machine learning is on the edge of revolutionizing those 12 sectors. Most leaders in those industries look at Machine Learning and see a non-stable, none viable technology in the short term.

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Mind control: Correcting robot mistakes using EEG brain signals | Robohub

Mind control: Correcting robot mistakes using EEG brain signals | Robohub | WHY IT MATTERS: Digital Transformation | Scoop.it

For robots to do what we want, they need to understand us. Too often, this means having to meet them halfway: teaching them the intricacies of human language, for example, or giving them explicit commands for very specific tasks. But what if we could develop robots that were a more natural extension of us and that could actually do whatever we are thinking?

A team from MIT’s Computer Science and Artificial Intelligence Laboratory (CSAIL) and Boston University is working on this problem, creating a feedback system that lets people correct robot mistakes instantly with nothing more than their brains.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Mind control is the last frontier. We are not there yet but initiatives like this show the potential.

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50 Companies Leading the Artificial Intelligence Revolution

50 Companies Leading the Artificial Intelligence Revolution | WHY IT MATTERS: Digital Transformation | Scoop.it
A look at the most promising global startups working with artificial intelligence.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

Magaly Siméon's curator insight, March 7, 2017 1:00 AM

WHY THIS IS IMPORTANT

The US is leading the AI revolution, for now. Surprised not to see Montreal in the list...

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This YouTube #Dataset can be used to train #AI to recognize planes in a #video 

This YouTube #Dataset can be used to train #AI to recognize planes in a #video  | WHY IT MATTERS: Digital Transformation | Scoop.it

YouTube-BoundingBoxes is a large-scale data set of video URLs with densely-sampled high-quality single-object bounding box annotations.

The data set consists of approximately 380,000 15-20s video segments extracted from 240,000 different publicly visible YouTube videos, automatically selected to feature objects in natural settings without editing or post-processing, with a recording quality often akin to that of a hand-held cell phone camera.

All these video segments were human-annotated with high precision classifications and bounding boxes at 1 frame per second.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Training artificial intelligence systems using deep learning algorithms requires large datasets where the elements you want to recognize - cats, planes umbrellas - are already identified.

This dataset from YouTube contains 380000 videos with over 10.5M annotations to help train systems of the future. We have to remember that the more data is available for training the better the system will perform. Nevertheless, this is interesting as is shows a little bit of the behind the scene in AI and helps understand a bit more how good AI systems will be - or when they may fail.

Additional datasets are available from google here: https://research.google.com/research-outreach.html#/research-outreach/research-datasets 

Recently, Google announced an 8M YouTube video dataset to help spark research: https://research.google.com/youtube8m/ 

GROW.'s curator insight, March 6, 2017 6:28 AM

AI on plane recognition 

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The #AI 100 from @cbinsight: will it one day replace the Fortune500? 

The #AI 100 from @cbinsight: will it one day replace the Fortune500?  | WHY IT MATTERS: Digital Transformation | Scoop.it

A ranking of the 100 most promising private artificial intelligence companies.

It is a purely data-driven/algorithmic process that uses CB Insights data. We’ve gathered this data via our
machine learning technology (dubbed The Cruncher) as well as via several thousand direct submissions
from firms and individual professionals using The Editor.
The Company Mosaic page walks through the factors considered in the algorithm in some detail but at a
high level, it considers several factors including:
- Momentum – Considers non-traditional signals including news mentions, sentiment, jobs data/hiring,
social media, web traffic and usage, partnerships, and more.
- Market – Quantifies the health of the sector and industry the company is involved in, including funding,
deals, exit activity, and hiring.
- Money — Assesses financial signals including funding recency and total raised.
- Investor quality – Weighs the quality of the investors participating in deals to the company, judging
investors based on exits, returns, and portfolio quality.

Farid Mheir's insight:

WHY THIS IS IMPORTANT

Are we on the eve of an era where the Fortune 500 is replaced by the "AI 100"?

This may be more realistic than you think if the current predictions regarding the future of work push humans to service each other and let all the "work" be done by machines - robots and AI.

We are not there yet and this list merely reports 100 startups that are very active in the field AI. Nevertheless, it is interesting to consider what impact AI may have and adjust our digital strategies accordingly...

Fortune magazine has also created a very interesting infographics from this mountain of data: http://fortune.com/2017/02/23/artificial-intelligence-companies/ 

compressedpiano's comment, February 28, 2017 10:51 PM
Thats stunning...
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The Jobs Americans Do #mustRead via @NYT

The Jobs Americans Do #mustRead via @NYT | WHY IT MATTERS: Digital Transformation | Scoop.it
Popular ideas about the working class are woefully out of date. Here are nine people who tell a truer story of what the American work force does today — and will do tomorrow.
Farid Mheir's insight:

WHY THIS IS IMPORTANT

This in-depth report by NY Times demonstrates clearly the impact of digital transformation. What remains are service level jobs that computers or robots cannot perform. Yet. 

A sobering - mandatory - read for our kids.

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Learning AI: #Tensors Illustrated, a multi-part #AI #tutorial 

Learning AI: #Tensors Illustrated, a multi-part #AI #tutorial  | WHY IT MATTERS: Digital Transformation | Scoop.it

Maybe you’ve downloaded TensorFlow and you’re ready to get started with some deep learning?

But then you wonder: What the hell is a tensor?

Perhaps you looked it up on Wikipedia and now you’re more confused than ever. Maybe you found this NASA tutorial and still have no idea what it’s talking about?

The problem is most guides talk about tensors as if you already understand all the terms they’re using to describe the math. Have no fear! I hated math as a kid, so if I can figure it out, you can too! We just have to explain everything in simpler terms.

 

Farid Mheir's insight:

If you want to start nibbling on artificial intelligence, start by reading this tutorial. Simple, yet complete enough to walk you through the most important stuff.

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17 Web Design Trends To Watch in 2017 via @Shopify

17 Web Design Trends To Watch in 2017 via @Shopify | WHY IT MATTERS: Digital Transformation | Scoop.it

What does 2017 have in store for us? We asked the industry’s experts for their views on the future of web design trends.

  1. Conversational interfaces
  2. Machine learning
  3. Emotionally intelligent design
  4. Virtual reality
  5. Location and context awareness
  6. Micro-interactions
  7. Colors
  8. Cohesive experiences
  9. Even more JavaScript!
  10. Designed failure
  11. Design sprints
  12. Better collaboration across design and development
  13. Merging of UX and service design
  14. Facebook and Google as destinations for content
  15. Credibility becomes king
  16. Mass disruption to foundational Internet services
  17. The rise of the diversity designer
  18. Bonus: 2017 According to Jeffrey Zeldman
Farid Mheir's insight:

Lots of elements to account for in your 2017 digital strategy.

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Top 10 Hot Artificial Intelligence (AI) Technologies

Top 10 Hot Artificial Intelligence (AI) Technologies | WHY IT MATTERS: Digital Transformation | Scoop.it
Based on Forrester’s analysis in its latest TechRadar report, here’s my list of the 10 hottest AI technologies.
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