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Category: business – Page 192

Surviving Mars | Humanity’s First Mars Base

The coming two decades are scheduled to be very interesting decades for human space exploration and colonization. One of the things on America’s agenda for space exploration is creating humanity’s first Mars base, which will most likely happen in the 2030s and 2040s. If you are interested in what this Moon base will look like, please take a look at this video!

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The Troubled Saga of Masa Son’s $100 Billion Fund

SoftBank CEO Masayoshi Son’s Vision Fund has been impossible to ignore since its inception, pumping billions upon billions of dollars into tech companies like WeWork and Uber. Now, a string of high-profile losses and the coronavirus pandemic have put the fund deeply in the red. Bloomberg journalists Pavel Alpeyev, Sarah McBride and Tim Culpan break down the controversial investment strategies that have led to this critical moment for Son’s unprecedented fund.

Video by vicky feng and alan jeffries

#SoftBank #Epics #Business

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AI Behaving Badly: New Model Could Help AI Make More Ethical Choices

In fact, in a recent paper in Royal Society Open Science, researchers showed that AI tasked with maximizing returns is actually disproportionately likely to pick an unethical strategy in fairly general conditions. Fortunately, they also showed it’s possible to predict the circumstances in which this is likely to happen, which could guide efforts to modify AI to avoid it.

The fact that AI is likely to pick unethical strategies seems intuitive. There are plenty of unethical business practices that can reap huge rewards if you get away with them, not least because few of your competitors dare use them. There’s a reason companies often bend or even break the rules despite the reputational and regulatory backlash they could face.

Those potential repercussions should be of considerable concern to companies deploying AI solutions, though. While efforts to build ethical principles into AI are already underway, they are nascent and in many contexts there are a vast number of potential strategies to choose from. Often these systems make decisions with little or no human input and it can be hard to predict the circumstances under which they are likely to choose an unethical approach.

New Mathematical Formula Unveiled to Prevent AI From Making Unethical Decisions

Researchers from the UK and Switzerland have found a mathematical means of helping regulators and business police Artificial Intelligence systems’ biases towards making unethical, and potentially very costly and damaging choices.

The collaborators from the University of Warwick, Imperial College London, and EPFL – Lausanne, along with the strategy firm Sciteb Ltd, believe that in an environment in which decisions are increasingly made without human intervention, there is a very strong incentive to know under what circumstances AI systems might adopt an unethical strategy—and to find and reduce that risk, or eliminate entirely, if possible.

Artificial intelligence (AI) is increasingly deployed in commercial situations. Consider for example using AI to set prices of insurance products to be sold to a particular customer. There are legitimate reasons for setting different prices for different people, but it may also be more profitable to make certain decisions that end up hurting the company.

Why the 21st Century Won’t Belong to China

It is often said that the 21st century will belong to China because China will grow its military, develop its economy, and completely integrate Hong Kong. However, in this video, I argue that the 21st Century won’t belong to China because it won’t take advantage of space resources and because it will attempt to grab more than it can chew in its ambitious endeavors.

PS: The stock footage from this photo comes from Videvo!

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How AI Helps Digital Enterprises Streamline Operations

Artificial intelligence (AI) is transforming how enterprises analyze and process information. It is also shifting from theoretical to real-world technology. Companies are deploying AI technologies to boost efficiency, reduce costs, and grow sales and profitability. The technology can also reduce marketing waste by predicting what works. It is the most impactful innovation of our lifetime, and it will create new winners and losers across entire industries.

According to Gartner, artificial intelligence will create $2.9 trillion in business value and 6.2 billion hours of worker productivity globally in 2021. Most of that value will be realized by enterprises that implement AI in functions such as sales management, customer service, manufacturing, and logistics. With improvements in natural language processing, employees and users can easily communicate with machine-learning interfaces.

Let’s look at how AI applications are revamping digital enterprises and the retail industry.

New mathematical idea reins in AI bias towards making unethical and costly commercial choices

Researchers from the University of Warwick, Imperial College London, EPFL (Lausanne) and Sciteb Ltd have found a mathematical means of helping regulators and business manage and police Artificial Intelligence systems’ biases towards making unethical, and potentially very costly and damaging commercial choices—an ethical eye on AI.

Clearspace One: The First Attempt At Cleaning Up Space Junk | The State of Science

As mentioned in previous videos, space junk is a deadly threat to our GPS, telecommunications, and satellite infraustructure. As such, in this video, we will talk about humanity’s upcoming, first mission to attempt to clean up orbital debris: Clearspace One, which is commissioned by the ESA.

Here is the petition link: https://www.change.org/p/save-vital-industries-call-for-subs…satellites

PS: The stock footage from this photo comes from Videvo!

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‘Travel will never, ever go back to the way it was,’ Airbnb CEO says

Chesky predicted that vacationers will stay closer to home in the future, largely limiting their travel to places within driving distance, with national parks becoming even more popular destinations.

“I think you’re going to start to see travel becoming more intimate, more local, to smaller communities,” he said, citing Airbnb data that shows travel within countries is recovering to normal levels. But its international business is still being hit hard. “People are not getting on airplanes, they’re not crossing borders, they’re not meaningfully traveling to cities, they’re not traveling for business.”

Read: Is it safer to stay at a hotel or an Airbnb during your summer vacation? ‘We need to balance sanity and risk’