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dr tech

Bank of England investigating dramatic overnight fall in pound | Business | The Guardian - 0 views

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    "The Bank of England has previously highlighted the impact of trading algorithms. "Some markets appear to have become more fragile, as evidenced by episodes of short-term volatility and illiquidity over the past couple of years," Threadneedle Street said last December, warning of a move towards "fast, electronic trading." "
dr tech

Microsoft, Artificial Intelligence, and The Robot Apocalypse - 0 views

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    "Microsoft showcased a line of new autonomous robots, called K5, as security guards for one of its campuses. And though the robots looked nothing like Arnold Schwarzenegger, the machine - developed by Knightscope - is impressive and intimidating. Standing 5 feet tall, weighing 300 pounds, and equipped with HD cameras, sensors, alarms, artificial intelligence, and WiFi, it's one incredible piece of technology."
dr tech

What Artificial Intelligence Isn't - 0 views

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    "AI is already here. This isn't some future, theoretical technology we are working on. AI machines are already among us. Take for example Microsoft's recent security robot demonstration. Called the K5, these autonomous machines stand 5 feet tall, weigh 300 pounds, and are equipped with HD cameras, sensors, alarms, Wi-Fi and - you guessed it - artificial intelligence. These machines have been programmed to recognize if something is out of place, like an injured employee or a potential trespasser. And as technology improves, the K5 will become more capable of recognizing even smaller discrepancies than humans can."
dr tech

Are driverless cars the future of Uber? | Technology | The Guardian - 0 views

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    "While a full move to driverless cars would be Uber's dream scenario, letting it cut the cost of a ride to little more than fuel plus wear and tear, it could very well be a nightmare for car manufacturers. Self-driving cars could prove the death-knell for private car ownership, with services like Uber offering a cheap substitution while avoiding the wastefulness of leaving an asset worth thousands of pounds sit unused on the side of the road."
dr tech

Grocery stocking robot is about to eradicate thousand's of minimum wage jobs -- Society... - 0 views

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    "Each 30-pound robot is equipped with sensors to help it navigate the store's layout and avoid bumping into customers' carts. When it detects product areas that aren't fully stocked, the data is shared with store management staff so the retailer can make changes, said Dave Steck, Schnuck Markets' vice president of IT and infrastructure."
dr tech

Rise of the machines: has technology evolved beyond our control? | Books | The Guardian - 0 views

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    "In October 2016, algorithms reacted to negative news headlines about Brexit negotiations by sending the pound down 6% against the dollar in under two minutes, before recovering almost immediately. Knowing which particular headline, or which particular algorithm, caused the crash is next to impossible. When one haywire algorithm started placing and cancelling orders that ate up 4% of all traffic in US stocks in October 2012, one commentator was moved to comment wryly that "the motive of the algorithm is still unclear"."
dr tech

The messy, cautionary tale of how Babylon disrupted the NHS | WIRED UK - 0 views

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    "To date, the presence of Babylon's GP surgery in London has forced the NHS to reallocate millions of pounds in funding to mitigate for the disruption it has caused. Its expansion plans have been blocked before being allowed to proceed. But concerns linger with clinicians questioning the GP surgery's impact and the effectiveness of its much-hyped artificial intelligence platform."
dr tech

Egypt jails women for two years over TikTok videos | Egypt | The Guardian - 0 views

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    "The verdict against Haneen Hossam, Mowada al-Adham and three others came after they had posted footage on the video-sharing app TikTok. The ruling, which can be appealed, included a fine of 300,000 Egyptian pounds (£14,600) for each defendant."
dr tech

Huge cybersecurity leak lifts lid on world of China's hackers for hire | Cybercrime | T... - 0 views

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    "A big leak of data from a Chinese cybersecurity firm has revealed state security agents paying tens of thousands of pounds to harvest data on targets, including foreign governments, while hackers hoover up huge amounts of information on any person or institution who might be of interest to their prospective clients. The cache of more than 500 leaked files from the Chinese firm I-Soon was posted on the developer website Github and is thought by cybersecurity experts to be genuine. Some of the targets discussed include Nato and the UK Foreign Office."
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