WHY IT MATTERS: Digital Transformation

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.

Dimitris Papageorgiou, Partner, People Advisory Services, Ernst & Young LLP
John Van Reenen, Professor, MIT Department of Economics and MIT Sloan School of Management
Krystyn Van Vliet, Professor of Material Science and Engineering and Biological Engineering, MIT Department of Materials Science and Engineering

The AI Index is an open, not-for-profit project to track activity and progress in AI. It aspires to be a comprehensive resource of data and analysis for policymakers, researchers, executives, journalists and others to rapidly develop intuitions about the complex field of AI.
AI is the new electricity, and is transforming multiple industries. The AI Index will help current generations track and navigate this societal transformations. It will also help future generations look back and understand the AI's rise.

Exclusive research by us at LDV Capital is the first publicly shared, in-depth analysis which estimates how many cameras will be in the world in 2022. Key Findings include:

• Most of the pictures captured will never be seen by a human eye.
• A paradigm shift will take place in the meaning and use of a camera.
• Over the next five years there will be a proliferation of cameras integrated into products across industries and markets.
• Where there is growth in cameras there will be tremendous business opportunities in the capture, analysis and interpretation of visual data.
• Depth capture will double the number of cameras in handheld cameras.
• By 2022, the number of cameras will be nearly 12X the 2012 figures.
• Your smartphone will have between 4 and 10 cameras by 2022.
• The Internet of Eyes will be larger than the Internet of Things.
• In the next five years, robotics will have 20X more integrated cameras.
• By 2022, all new vehicles will be equipped with more than 25 cameras and this does not include Lidar or Radar.

While it’s still incomplete, I thought it was important to update the map currently being sent around and reinforce the idea that this ecosystem is in constant flux. Already, our list has mushroomed from about 160 startups to over 550. Goes to show how much is happening just below our attention.

The robots are indeed already here. I work at a university where my job is teaching students and doing research and robotics and so I really what I want to convey to you today is the trends that I see robotics research going that will ultimately turn into actual products and directions that you might be able to take advantage of in the future.

I needed to get rid of some old clothes, but instead of turning to eBay, Poshmark, or local consignment stores, I tried selling them on Instagram. It worked.

The theme of both the robot-ization of the global workforce and the populist desire for a hike in the minimum wage have been popular and ongoing ones here at Zero Hedge. However, never has it been more clear just where the future lies than this chart from BofAML's Michael Hartnett... As he says, "we are long robots, and short human beings."

A survey of AI researchers tallied predictions for when machines will start beating humans at everything from LEGO assembly to essay-writing.

The robots are coming. We (as in the people who attend TED talks and things) tend to think we will probably be fine. You know, knowledge folks and all. We might not be. What will be our coping mechanisms? What can we do to be OK?

We explore CEOs’ current perceptions of how robotics in the workplace is shaping their businesses today and in the near future. We also offer our perspectives on how robotics and automation have the potential to be truly transformative in the way they create value within organisations.

FMI and Nielsen Company have partnered on the Digitally Engaged Food Shopper, a strategic engagement surrounding the forces and factors of change driven by digital technologies for both today’s and tomorrow’s food shopper. This multi-year initiative will reveal top trends in digitally enabled food shopping for both retailers and manufacturers to consider in their “connected commerce” strategies and capability investments.

A periodic table of cybersecurity to navigate the key players in the space, including startups, industry categories, investors, and exits.

For the CIA, hedge funds and the largest retail enterprises, the confounding problem is the same: too much data. The world and its actors have never seemed more complex, and with no way to absorb a meaningful part of the information out there, events appear harder than ever to understand.

A business opportunity: We are seeing a slew of startups promoting artificial intelligence as a solution. The latest is Primer, which, backed by $14.7 million in venture funding, says it sorts millions of news sources and any other data thrown at it, and then crystallizes what's important in concise, natural language.

The Hype Cycle for Emerging Technologies provides insights gained from evaluating more than 2,000 technologies. The eight added in 2017 include 5G, Artificial General Intelligence, Deep Learning, Deep Reinforcement Learning, Digital Twin, Edge Computing, Serverless PaaS and Cognitive Computing.

Forrester says that CIOs must act as VCs and recommends they support early-stage tech companies and have their own technology scouts. As CIO Angela Yochem told me in 2015, she has set up a process to find “capabilities that are not yet commercially available” and “quickly absorb, test, and utilize emerging technologies, and discard them if they are not appropriate and don’t give us a leg up on our competition.”

Tech giants including Baidu and Google spent between $20B to $30B on AI in 2016, with 90% of this spent on R&D and deployment, and 10% on AI acquisitions. AI investment has turned into a race for patents and intellectual property (IP) among the world’s leading tech companies.

The AI Race - Documentary ABC TV The world of the future and how jobs will be impacted with artificial intelligence

Within thirty years, we will have the technological means to create superhuman intelligence. Shortly after, the human era will be ended.

The emerging technologies on the Gartner Inc. Hype Cycle for Emerging Technologies, 2017 reveal three distinct megatrends that will enable businesses to survive and thrive in the digital economy over the next five to 10 years. Artificial intelligence (AI) everywhere, transparently immersive experiences and digital platforms are the trends that will provide unrivaled intelligence, create profoundly new experiences and offer platforms that allow organizations to connect with new business ecosystems.

The graph represents a network of 3,518 Twitter users whose tweets in the requested range contained "(Artificial Intelligence) OR #AI", or who were replied to or mentioned in those tweets.