Applied Artificial Intelligence Digest 2017 Review

Applied AI Digest 2017

After decades of investing, building, and scaling software companies, BootstrapLabs realized in late 2015 that the world was about to enter a renaissance era for Artificial Intelligence, powered by an explosion of data, plummeting storage costs, increasing connectivity speed, and affordable processing power growing exponentially.

BootstrapLabs has since become one of the most active and respected early stage venture capital firms in Applied Artificial Intelligence, and its community of executives, founders, researchers and investors has grown to over 40,000. Our weekly Applied AI Digest newsletter is read by over 4,000 members, and approximately 2,000 attendees joined our annual Applied AI conferences, quarterly Applied AI Insiders Series, and workshops in the last two years.

Artificial intelligence could add as much as $15.7 trillion – about the combined output of China and India – to the global economy by 2030 but the road ahead will not be without major hurdles. In 2017, VCs invested $10.8 Billion in AI & Machine Learning companies globally and the sector saw over 200 M&A deals in the last 5 years. This is just the tip of the iceberg as most Fortune 1000 corporations will be playing catch-up for many years to come.

Entire industries will be transformed by the power of Artificial Intelligence and tomorrow’s winner are being created today.

We wish you a fantastic start to 2018. To inspire you, we thought we would share our 2nd Annual Applied AI Digest Review Presentation – a recap of all the major AI news and trends of 2017.

Applied Artificial Intelligence Digest 2017 Review

Applied AI Digest 97


SOLD OUT: Super Early Bird Tickets

The Super Early Bird tickets have sold out and the conference is expected to be at capacity again with 800+ AI professionals so take advantage of our very limited early bird tickets.

Get insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.

Don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.


China enters the battle for AI talent

A mountainous district in western Beijing known for its temples and mushroom production is tipped to become China’s hub for industries based on artificial intelligence (AI). Read more.

Artificial Intelligence to Sort Through ISR Data Glut

Inundated with more data than humans can analyze, the U.S. military and intelligence community are banking on machine learning and advanced computing technologies to separate the wheat from the chaff. Read more.

Voice assistants dominate CES as Google plays catchup with Alexa

This week about 180,000 visitors flocked to the world’s biggest technology exhibition, the Consumer Electronics Show in Las Vegas. And while all the usual gadgets made an appearance, from smart fridges to self-driving cars, there was one dominant theme: speech. Read more.

How AI is changing the future of healthcare

In 1942, Isaac Asimov attempted to lay out a moral framework for how robots can serve humans. The science fiction writer came up with “three laws of robotics”, meant to prevent machines from harming their human creators. Read more.

Google and Others Are Building AI Systems That Doubt Themselves

Researchers at Uber and Google are working on modifications to the two most popular deep-learning frameworks that will enable them to handle probability. Read more.

30 Amazing Machine Learning Projects for the Past Year

This is an extremely competitive list and it carefully picks the best open source Machine Learning libraries, datasets and apps published between January and December 2017. Read more.


Job Opportunities:

GetAccept: Digital Marketing Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Optical Engineer

Vidora: Senior Software Engineer – Data Engineering

Smart Ear: Chief Scientist

Trusted Insight: Data Scientist

See more job opportunities.


Applied AI Digest 96


SOLD OUT: Super Early Bird Tickets

The Super Early Bird tickets have sold out and the conference is expected to be at capacity again with 800+ AI professionals so take advantage of our very limited early bird tickets.

Get insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.

Don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.


The Amazing Ways Tesla Is Using Artificial Intelligence And Big Data

Tesla has become a household name as a leader and pioneer in the electric vehicle market, but it also manufactures and sells advanced battery and solar panel technology. Read more.

How an A.I. ‘Cat-and-Mouse Game’ Generates Believable Fake Photos

The woman in the photo seems familiar. She looks like Jennifer Aniston, the “Friends” actress, or Selena Gomez, the child star turned pop singer. But not exactly. Read more.

Inside the Lab Where Amazon’s Alexa Takes Over the World

When it first launched in 2014, Amazon’s Alexa voice assistant was little more than an experiment. It appeared first inside the Echo, itself a wacky gadget launched without warning or much expectation. As it took off, though, and millions of people began to put a smart speaker in their home… Read more.

The Case Against Deep-Learning Hype

Is there more to AI than neural networks? Gary Marcus, professor of psychology at NYU and ex-director of Uber’s AI lab, thinks so. He’s published a critique of deep-learning systems that use neural nets, and it skewers some of the current AI hype. Read more.

Identifying the Next Big Thing: Qual vs. Quant

Throughout history, humans have remained obsessed with mechanisms for predicting the future. From oracles and auguries of the ancients, to modern day algorithms of Wall Street, we have trusted in diverse tools to foretell what might come next. Read more.

Here are the most common uses of AI on your smartphone today

Artificial intelligence is starting to permeate the technology that we use everyday. That’s especially true in smartphones, where apps that rely on machine learning and AI are increasingly common. Statista mapped out the survey results of Deloitte’s Global Mobile Consumer Survey which determined just how aware smartphone users are… Read more.


Job Opportunities:

GetAccept: Digital Marketing Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Optical Engineer

Vidora: Senior Software Engineer – Data Engineering

Smart Ear: Chief Scientist

Trusted Insight: Data Scientist

See more job opportunities.


Applied AI Digest 95


Announcing the Applied AI Conference 2018

As a leading Venture Capital firm focused on Applied AI, BootstrapLabs will bring together the Artificial Intelligence community once again for a day of incredible speakers and exciting conversations.

The global network of experts we’re bringing together have unique backgrounds from research, entrepreneurship, investment, business transformation, and more. They’ll share insights on how to take advantage of AI’s powerful potential and the future impact across a breadth of sectors, including Transportation, Logistics, Energy, Healthcare, Finance, the Future of Work, and Cybersecurity.

Don’t forget to take advantage of our very limited super early bird tickets right now (save $1000) and don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.


Elon Musk finally admits Tesla is building its own custom AI chips

And gives us the news that god-like machines will take over within a decade Elon Musk has revealed that Tesla, his electric automobile company, is developing its own custom chips for its driverless cars Read more.

Using Artificial Intelligence to Augment Human Intelligence

By creating user interfaces which let us work with the representations inside machine learning models, we can give people new tools for reasoning. Read more.

Why AI is entering its golden age

The quest to give machines human-level intelligence has been around for decades, and it has captured imaginations for far longer — think of Mary Shelley’s Frankenstein in the 19th century. Artificial intelligence, or AI, was born in the 1950s, with boom cycles leading… Read more.

The State of AI in Montreal – Startups, Investment, and What it Means for the City

In the last 12 months, Montreal has arrived on the world stage as an epicenter for machine learning and artificial intelligence. The city’s extraordinarily high density of AI talent isn’t new, but the demand for machine learning is, and the proverbial “tech spotlight” is now shining bright on this very French Canadian city. Read more.

Artificial Intelligence, False Gods, and Driverless Everything

Artificial Intelligence (AI) has succeeded by being far-seeing; it’s a field where proponents began by envisioning a computer that can take over functions of the human brain, like computation and logic. Today the field has progressed… Read more.

Will Robots Take Our Children’s Jobs?

It is not just Elon Musk, Bill Gates and Stephen Hawking who are freaking out about the rise of invincible machines. Yes, robots have the potential to outsmart us and destroy the human race. But first, artificial intelligence could make countless professions obsolete by the time my sons reach their 20s. Read more.


Job Opportunities:

GetAccept: Digital Marketing Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Optical Engineer

Vidora: Senior Software Engineer – Data Engineering

Smart Ear: Chief Scientist

Trusted Insight: Data Scientist

See more job opportunities.


Announcing the Applied AI Conference 2018

Applied-AI-Conference-2018-eventbrite

BootstrapLabs is excited to announce the third annual Applied Artificial Intelligence Conference in San Francisco on April 12, 2018.

After the incredible success of 2017’s Applied AI Conference, we’re excited to share this day with over 800 AI professionals.

Watch the video summary of the Applied AI Conference 2017:

The one day conference brings together the brightest and most experienced professionals in the field of AI for an immersive day of learning, discussion, and connections.

This year we will have extraordinary sessions highlighting the practical applications and current business opportunities for Artificial Intelligence technologies across industries including Cybersecurity, Transportation and Logistics, Future of Work, Financial Technologies (FinTech), Healthcare, and more.

During the conference our expert speakers will showcase all of the concrete ways decision makers across the research, investment, corporate, and startup worlds can prepare, organize, and tap into AI’s transformative power.

The 2018 attendees will walk away with insights into the latest trends in Artificial Intelligence, including emerging technologies that are going to deeply change how we will leverage Artificial Intelligence applications.

 

Check out the sessions from some of our world-class speakers in 2017:

  • Amir Khosrowshahi, CTO AI Products Group, Intel
  • Lanny Cohen, Group Chief Technology Officer, Capgemini
  • Jack Clark, Strategy & Communications Director, OpenAI
  • Richard Socher, Chief Scientist, Salesforce
  • Mårten Mickos, CEO, HackerOne
  • Hema Raghavan, Head of Growth Relevance, LinkedIn
  • Danny Lange, VP of AI and Machine Learning, Unity Technologies
  • Nicolai Wadstrom, CEO and Founder, BootstrapLabs

 

What people say about the Applied AI Conference:

“I wanted to compliment you on your event last week – really outstanding, top to bottom.”

Bryan Barber, VP. at Warner Bros. Studios

“Congrats on a great event. It takes a lot of work to make things look that smooth and easy. You guys put on a good show, and made possible a lot of connections in the community.”

Matt King, CTO at IUNU

“My hearty congratulations on the Applied AI conference last week. It was truly a tour de force of AI. I learned a lot and made many great new connections. Well done, yet again!”

Anonymous, US Government Official

 

An attendees list from the Applied Artificial Intelligence Conference 2017 is available at this link.

The 2018 schedule and speaker list will be announced shortly. You can follow the latest information here.

Don’t forget to take advantage of our very limited super early bird tickets right now (save $1000) and don’t hesitate to contact us if you’re interested in speaking or sponsoring AAI18 at info@bootstraplabs.com.

Applied AI Digest 94


AI 100: The Artificial Intelligence Startups Redefining Industries

Today, CB Insights unveiled the second annual AI 100 — a list of 100 of the most promising private companies applying artificial intelligence algorithms across 25+ industries, from healthcare to cybersecurity — at the A-Ha! conference in San Francisco. Read more.

The Most Exciting Artificial Intelligence Applications in Media

Artificial intelligence (AI) has generated enormous hype in recent months, but opinions about the real impact of technologies like machine translation, autonomous vehicles, natural language processing, and computer vision vary widely. Read more.

Introducing ML-Agents v0.2: Curriculum Learning, new environments, and more

The Machine Learning team at Unity is happy to announce the release of a new version of Unity Machine Learning Agents – v0.2 Beta! With this release, we are improving the toolkit on all fronts… Read more.

Robotics and automation to replace 800 million human workers by 2030, says new report

The global effects of robotics and automation technologies is forecast to include the removal of as many as 800 million people from their jobs by 2030, according to a new report. Seventy million of them will be in the US. Read more.

Tracking Dolphins With Algorithms You Might Find on Facebook

Keeping track of dolphins is a slippery, patchy process. First, you must procure time on a ship or aircraft, which is expensive. After that, what you see depends on uncontrollable factors like weather, ocean conditions and whether the creatures happen to be hanging out at the sea’s surface. Read more.

The Merge

A popular topic in Silicon Valley is talking about what year humans and machines will merge (or, if not, what year humans will get surpassed by rapidly improving AI or a genetically enhanced species). Most guesses seem to be between 2025 and 2075. Read more.


Applied Artificial Intelligence Conference 2018

The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.

CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.

Take advantage of the limited Super Early Bird Tickets (Save $1000).


Job Opportunities:

GetAccept: Customer Success Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Software Engineer (Android)

Vidora: Senior Software Engineer – Applications

Smart Ear: Machine Learning Engineer

Trusted Insight: Data Scientist

See more job opportunities.


BootstrapLabs at Accelerate AI

San Francisco, November 2, 2017 – BootstrapLabs Co-Founder, Benjamin Levy, led the “Applied AI: Investment Framework” session at the Accelerate AI last week in San Francisco, sharing AI’s latest implications for the business world.

Ben discussed the rapid evolution of AI technology and its impending impact on a wide range of business sectors. Ben provided some as to why AI is growing so quickly now, and what are some of the challenges and opportunities that lie ahead. His presentation highlighted some of the most current investment trends, data projections, and other industry guideposts to help the audience make the most of AI’s transformative power.

 

Accelerate AI, co-located with ODSC West 2017, brings together the top industry executives, managers and CxOs to help you understand how AI and data science can transform your business including: Healthcare, Insurance, Retail, Government, Education, Bio/Pharma, Media & Marketing, Transportation, Finance, Manufacturing, Energy & Utilities, E-commerce, and more.

WANT TO JOIN US TO THE NEXT AI EVENT?

Sign up for our newsletter list to receive updates, subscribe here.

BootstrapLabs Workshop: The Hard Things About Deploying and Scaling AI

There’s no question about it, Artificial Intelligence is booming, the market is expected to grow 20 fold in the next 10 years. What are some of the challenges companies face when building true enterprise grade AI systems? How will companies adopt this new wave of AI technologies? That’s what the experts and attendees we assembled on November 30th for the Applied AI Workshop discussed. Attendees included executives and C-level from Softbank, Forever 21, AT&T, World Bank Group, Capital One, Samsung, Booz Allen Hamilton, Syniverse and more.

A special thanks for supporting the Artificial Intelligence community to the host of the workshop Wilson Sonsini Goodrich & Rosati.

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Meet the BootstrapLabs Applied AI Workshop Speaker lineup:

Thomas Campbell, Founder & President, FutureGrasp, LLC

Thomas advises organizations on trends and implications of emerging technologies. As the first National Intelligence Officer for Technology, he served as the focal point for all activities related to emerging and disruptive civil technologies.

Jane McFarlane, Founder & CEO, Seurat Lab

Jane has over 30 years of experience in high performance computing, data analytics and geospatial mapping. She’s been responsible for directing industry research groups including: HERE (a leader in the geospatial mapping), Imara (a lithium ion battery company, and OnStar at General Motors (the first at-scale telematics solution).

Alex Holub, Co-founder & CEO, Vidora

Alex studied AI throughout his academic career at Cornell University and during his Ph.D at Caltech. He founded Vidora with Abhik Majumdar and Philip West in 2012, to put AI in the hands of everyone from marketers to data scientists to execs, providing them a simple platform to ask questions and use answers to automate and optimize their business.

 

One of the biggest challenges mentioned throughout the night was talent: attracting, retaining and growing the pipeline. The competition is fierce and startups and big companies alike have a hard time competing with the giants like Amazon, Facebook and Google.

It’s interesting to see that because of the talent gap, companies are heavily investing in code that can create code as Thomas Campbell mentioned and “when we get to that point when code creating the code is better than humans creating the code, that might start lifting AI to the next level”.

A big hurdle that Thomas Campbell sees in the near future is cybersecurity, a “tsunami of cybersecurity issues” to be exact.  Because cyberbots as opposed to humans will be “faster, more efficient, never resting, omnipresent” and they will be used both for offense and defense, so as he puts it: the future will be AI vs. AI.

 

Prof. Jane McFarlane at UC Berkeley, presented a different set of challenges that AI faces in terms of the data it requires. To power machine learning algorithms, you need tons of data. But, “when you’re in a giant bucket of data, how do you pick out the bad?”

She’s worked in the space for several years and the data used to feed the machine learning algorithms always comes with some bad nuggets you have to parse out. Because of the difficulty associated with weeding out bad data, Jane says autonomous transportation won’t happen in her lifetime, “I’m the Debbie Downer of autonomous transportation”.

Another interesting point that Jane brought up is how overvalued Big Data is, she says “there are some nuggets in Big Data that are valuable, but the rest of it is redundant and costs a lot of money to store.”

 

Alex Holub from Vidora presented another set of challenges that companies scaling up AI projects run into, how do you figure out which methods/techniques to use? With so many options, figuring out the best way to clean the data, which feature engineering and model to leverage is very challenging for teams with limited resources. That’s exactly what Vidora is solving with their product Cortex.

Cortex learns based on the raw data, which feature cleaning, feature engineering and model technique to use. You can think of it as putting probabilities on which is going to be more successful by looking at the raw data set, based on what has worked in past projects with similar input.

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The Artificial Intelligence industry is moving faster than ever before, but there are still big challenges such as: talent, cybersecurity and data veracity that we need to overcome to truly push the industry forward.

Applied AI Digest 93


The Time is Now: Why You Shouldn’t Wait to Invest in AI

While no one can offer a crystal clear vision of all that the future holds, it has been our mission at BootstrapLabs to provide both a point of view and a toolkit for you to make the most of it. Here’s why investing in artificial intelligence is a great move to make right now. Read more.

2 Berkeley grads are using AI to make stock-buying decisions — and it could change investing forever

When Art Amador worked in private wealth management at Fidelity, his clients expected him to know absolutely everything. Whether it related to global markets, macroeconomic factors… Read more.

51 Artificial Intelligence (AI) Predictions For 2018

It is somewhat safe to predict that AI will continue to be at the top of the hype cycle in 2018. But the following 51 predictions also envision it becoming more practical and useful, automating some jobs and augmenting many others… Read more.

Artificial Intelligence Index – 2017 Annual Report

Artificial Intelligence has leapt to the forefront of global discourse, garnering increased attention from practitioners, industry leaders, policymakers, and the general public. The diversity of opinions and debates gathered from news articles this year illustrates just how broadly AI is being… Read more.

MIT Looks at How Humans Sorta Drive in Sorta Self-Driving Cars

Almost half of Americans will hop in their cars for a Thanksgiving trip this year. But if you were being very precise—if you were a team of Massachusetts of Technology researchers who study human-machine interactions—you wouldn’t say that all those Americans are “driving,” exactly. Read more.

The Need for Artificial Intelligence: Increasing Global and Human Complexity

Despite the desire to return to supposedly simpler times, we cannot turn back. Our world is vastly different now compared to even a few decades ago. Because of phenomenal advances in medicine, housing, transportation… Read more.


Applied Artificial Intelligence Conference 2018

The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.

CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.

Take advantage of the limited Super Early Bird Tickets (Save $1000).


AI World

AI World Conference & Expo is coming to Boston December 11-13. Hear from 120+ executives in more than 70 sessions, including IBM Watson, Monsanto, Vodafone, Forrester, Facebook, Dun & Bradstreet, Goldman Sachs, Nielsen and more.

Join BootstrapLabs, CEO, Nicolai Wadstrom, Fireside Chat on December 13th “Evolution of the 4th Industrial Revolution”.

Save $200 off your 2 or 3 day VIP conference pass using priority code: AIW200BSL | Register today.


Job Opportunities:

GetAccept: Customer Success Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Software Engineer (Android)

Vidora: Senior Software Engineer – Applications

Smart Ear: Machine Learning Engineer

Trusted Insight: Data Scientist

See more job opportunities.


Applied AI Digest 92


How Reuters’s Revolutionary AI System Gathers Global News

Reuters is scooping its rivals using intelligent machines that mine Twitter for news stories. Read more.

Software 2.0

I sometimes see people refer to neural networks as just “another tool in your machine learning toolbox”. They have some pros and cons, they work here or there, and sometimes you can use them to win Kaggle competitions. Read more.

Why Decentralized Artificial Intelligence Will Reinvent The Industry As We Know It

Until recently, the contemporary AI industry had been built around a centralized distribution paradigm where machine learning solutions are delivered as a part of cloud-based APIs… Read more.

Search and Rescue Robots – Current Applications on Land, Sea, and Air

Every year over 100,000,000 people are also affected by natural disasters. Government, companies, and aid organizations are all working to keep these tragic deaths as low as possible. One tool they have turned to for help in recent years is search and rescue robots. Read more.

Machine Learning in Healthcare: Expert Consensus from 50+ Executives

The last few years have yielded a tremendous amount of attention at the intersection of AI and healthcare, from DeepMind’s partnership with the UK’s National Health Service to IBM’s continued pushes into areas of genomics and drug discovery. Read more.

Facebook to Use Artificial Intelligence to Help Prevent Suicides

Facebook is turning to artificial intelligence to detect if someone might be contemplating suicide. Facebook already has mechanisms for flagging posts from people thinking about harming themselves. Read more.


Applied Artificial Intelligence Conference 2018

The Applied AI Conference is a must-attend event for people who are working, researching, building, and investing in Applied Artificial Intelligence.

CONNECT, NETWORK, AND PARTNER WITH OVER 800 AI PROFESSIONALS.

Take advantage of the limited Super Early Bird Tickets (Save $1000).


AI World

AI World Conference & Expo is coming to Boston December 11-13. Hear from 120+ executives in more than 70 sessions, including IBM Watson, Monsanto, Vodafone, Forrester, Facebook, Dun & Bradstreet, Goldman Sachs, Nielsen and more.

Join BootstrapLabs, CEO, Nicolai Wadstrom, Fireside Chat on December 13th “Evolution of the 4th Industrial Revolution”.

Save $200 off your 2 or 3 day VIP conference pass using priority code: AIW200BSL | Register today.


Join the BootstrapLabs Applied AI Insiders Series: FinTech

The financial sector represents trillions of dollars in annual spending, most of which goes to technology, security, and infrastructure.

Speaker lineup:

  • Nicolai Wadstrom, Founder, BootstrapLabs
  • Will Summerlin, Founder and CEO, Pinn
  • Cathrine Andersen, Co-founder, Roger.ai

This is an INVITE ONLY event. BootstrapLabs hosts a series of public and private events every year. Apply below to get access to the next exclusive AI event.


Job Opportunities:

GetAccept: Customer Success Manager

Sibly: Software Engineer (Full-Stack)

Aeye: Software Engineer (Android)

Vidora: Senior Software Engineer – Applications

Smart Ear: Machine Learning Engineer

Trusted Insight: Data Scientist

See more job opportunities.