Applied AI Digest, Artificial Intelligence

Applied AI Digest 134

The latest Data, Insights, and Inspiration about Applied AI

Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the third week of October 2018.

Applying Artificial Intelligence in B2B and B2C – What’s the Difference?

We discussed the difficulties large businesses may have in adopting AI in our previous article; despite this, last month we fleshed out the reasons why… read more

How Autonomous Delivery Drones Could Revolutionise Military Logistics

The UK’s Defense Science and Technology Laboratory (Dstl) is working with other government agencies to develop drones and unmanned ground robots with autonomous ‘deliver to order’ capability for frontline military logistics support. Julian Turner analyses the tech of the future… read more

MICROSOFT’S NADELLA SAYS AI CAN MAKE THE WORLD MORE INCLUSIVE

TALK OF ARTIFICIAL intelligence often leads to speculation about how machines may displace workers. Microsoft CEO Satya Nadella thinks we should talk more about how AI algorithms can expand the workforce now… read more

Artificial intelligence is complex, but we can’t afford to ignore it

In early September, the media went abuzz with news of Amazon becoming the second US company to surpass the $1 trillion market cap. However, the news of Amazon’s success has eclipsed certain interesting facts… read more

M.I.T. Plans College for Artificial Intelligence, Backed by $1 Billion

Every major university is wrestling with how to adapt to the technology wave of artificial intelligence — how to prepare students not only to harness the powerful tools of A.I… read more

Upcoming Events

BootstrapLabs Applied Artificial Intelligence Conference

The BootstrapLabs Applied Artificial Intelligence Conference represents a unique opportunity to deepen your knowledge about trending AI applications and technologies. Each year, we invite world class perspectives from research, entrepreneurship, investing, and business transformation.

A limited number of tickets are currently on sale at the Super Early Bird price ($1200 off)! 

Save the Date: April 18, 2019

Leaders in AI

In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.

Check out our 2018 Conference Highlight Video below along with a panel discussion on “AI Policymakers: The Need for Public/Private Partnership.” If you’re curious and would like to explore more topics on AI, see our YouTube Channel.

 

AAI18 Conference Highlights

AI Policymakers: The Need for Public/Private Partnership

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AI Policy, artificial intelligence

BootstrapLabs AAI18 – Panel Discussion – AI Policymakers: The Need for Public/Private Partnership

The topic of this panel focuses on the challenges of AI deployments and their inherent limitations. Panelists also highlight how to help policymakers learn about the complex ecosystem of technology so that they are able to make informed decisions for the public good.

Moderator:

Jane Macfarlane, CEO, Seurat Labs / Director – Smart Cities, UC Berkeley

Speakers:

Kay Firth-Butterfield, Head  of AI and Machine Learning, World Economic Forum

Norma Krayem, Sr. Policy Advisor and Co-Chair – Cybersecurity and Privacy, Holland & Knight

Raj Minhas, VP – Interaction and Analytics Lab, PARC

During this session, the panelists discussed AI in the context of regulation, the role of government in fostering and leveraging emerging technologies and the reasons why we need better public/private collaboration.

Some of the key takeaways from the session are:

  • Fostering and creating explainable models is going to be crucial in for receiving government support and for fostering collaboration in the AI space.
  • Standards, certification, protocols, partnerships and process or outcome based scalable laws are some of the avenues we need to explore to “regulate” AI.
  • Open, honest conversations are necessary between technology companies and regulators, it’s important to educate them on how the technology works and the real risks of integrating to different systems.

About BootstrapLabs Applied Artificial Intelligence Conference: 

The BootstrapLabs Applied Artificial Intelligence Conference is a yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI. The annual event brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations. The community is comprised of founders and executives who are experts in the field of Applied Artificial Intelligence, veteran technologists leading the world’s most innovative organizations, and key partners in the AI ecosystem sharing deep-domain knowledge within specific verticals.

If you would like to attend the BootstrapLabs Applied Artificial Intelligence Conference 2019, get your tickets now!

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Luigi Congedo, Speaking Events, Italian Trade, Innovation

BootstrapLabs Joins Panel At Italian Innovation Day

San Francisco, October 12, 2018 –  Luigi Congedo, Principal at BootstrapLabs, was invited to join the Italian Innovation Day panel to discuss the realities of the startup ecosystem in Silicon Valley for young, Italian tech entrepreneurs.

Luigi Congedo, Speaking Events, Italian Trade, Innovation

 

The Italian Innovation Day Panel, part of the Launch Scale 2018 event, was presented by the Italian Trade Agency as a way to highlight the importance of supporting Italian Founders and leaders in the US. As an Italian living and working in San Francisco, Luigi shared his thoughts on the technological landscape from the perspective of a Venture Capitalist.

Moderated by Jason Calacanis, Angel Investor and Host at “This Week In Startups”, and joined by three tech executives – Mauro Aprile Zanetti – Chief Evangelist at Cloud4Wi, Simone Brunozzi – Founder/CEO of Fabrica, and Fabrizio Capobianco – CEO of TOK.tv, the panel offered a priceless opportunity for emerging startups and founders to get first-hand advice about the realities of becoming an established leader in the technology sector.

Innovation Day

Launch Scale is an initiative that teaches young entrepreneurs how to grow and scale a startup. The Italian Trade Agency is a governmental agency that supports the business development of Italian companies abroad and promotes the attraction of foreign investments in Italy.

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Nicolai Wadstrom, UnConference, Berlin

BootstrapLabs Joins innogy Innovation Hub at UnConference

Berlin, Germany – October 4, 2018 – Nicolai Wadstrom, BootstrapLabs Founder, CEO and Managing Partner, was recently invited by innogy Innovation Hub to participate in the fourth annual “UnConference” as a panelist to discuss digital disruption, Applied Artificial Intelligence, and the impact of technology on the Energy space.

Nicolai Wadstrom, UnConference, Berlin

During the Disruption Platform session moderated by Thomas Birr, SVP of Innovation & Business Transformation at innogy and CEO of innogy Innovation Hub, Nicolai and Tim Kock, Co-Founder at Jungle AI, weighed in on the challenges and opportunities presented by emerging technologies and their potential impact on the decentralized energy system of the future.

As leaders in the AI space, both Nicolai and Tim were asked to speak about why the unique combination of AI + Energy is so interesting, as well as subtechnologies that have the most potential to disrupt the traditional energy industry.

UnConference by innogy Innovation Hub provides a platform for innovators, startups, VCs, thought leaders, and experts to come together and jointly create the future of energy.

 

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Applied AI Digest, Artificial Intelligence

Applied AI Digest 133

The latest Data, Insights, and Inspiration about Applied AI

Every week the BootstrapLabs team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the second week of October 2018.

Tech Cos Confront The Ethics Of AI

From countering bias in computer vision algorithms to the use of AI in military drones, companies are increasingly looking at artificial intelligence through the lens of ethics… read more

AI is the new battleground in geopolitics

Artificial intelligence is becoming a dimension of grand geopolitics, with countries worried about who will achieve the big advances first, and the technology merging with traditional military doctrine… read more

AI for Banking in Europe – 3 Current Applications

AutonomousNEXT released a report on the opportunity that AI might create in the banking and financial services industry. The report estimated that by 2030, the potential cost savings by applying AI in banking, investment management, and insurance were $490 billion… read more

The Rise of AI in Construction

Today, it seems as though everything is under construction. Be it downtown or beyond the county line, a walk outside unencumbered by a sleek looking building or bridge being built is almost a rarity… read more

Graduates are taking £9k courses to help beat AI interviews for City jobs

Graduates are spending thousands of pounds on training to beat tough emotion-scanning robot interviewers for top City jobs…read more

UPCOMING EVENTS

The BootstrapLabs Applied Artificial Intelligence Conference represents a unique opportunity to deepen your knowledge about trending AI applications and technologies. Each year, we invite world class perspectives from research, entrepreneurship, investing, and business transformation.

A limited number of tickets are currently on sale at the Super Early Bird price ($1200 off)! 

Save the Date: April 18, 2019

 

LEADERS IN AI

In case you missed our BootstrapLabs Applied Artificial Intelligence Conference 2018, we’d like to share with you a portion of the highlights and discussions about interesting sectors like Health, Transportation, Logistics, Energy, and more.

Check out our AAI18 Conference Highlight Video below along with the keynote closing remarks from Richard Socher, “Where AI is today and where it’s going.” If you’re curious and would like to explore more topics on AI, check out our YouTube Channel.

 

AAI18 Conference Highlights

Where AI is today and where it’s going

Speaker: Richard Socher, Chief Scientist at Salesforce

Not a subscriber to the BootstrapLabs Applied AI Digest?

Applied AI Digest, Artificial Intelligence

Applied AI Digest 132

The latest Data, Insights, and Inspiration about Applied AI

Every week the BootstrapLab’s team curates the most interesting and current articles on Artificial Intelligence. Here are our picks for the first week of October 2018.

innogy Innovation Hub and BootstrapLabs to form a Partnership for Investments in AI and Energy

We are proud to announce our partnership with innogy New Ventures LLC, part of the innogy Innovation Hub and an affiliate of innogy SE, a leading German energy company and the third largest utility in Europe with annual revenues of €43 billion (2017)… read more

An AI has been trained to understand beauty

Artificial intelligence can translate languages and play games – now it’s being tasked with understanding human subjectivity… read more

The first “social network” of brains lets three people transmit thoughts to each other’s heads

In recent years, physicists and neuroscientists have developed an armory of tools that can sense certain kinds of thoughts and transmit information about them into other brains… read more

Three robot advances that’ll be needed for DARPA’s new underground challenge

This week, the US Defense Advanced Research Projects Agency announced a challenge to push the limits of robotic design and control… read more

Rise of the Machines: Artificial Intelligence and its Growing Impact on U.S. Policy

Beginning in February of 2018, the Subcommittee on Information Technology of the House Committee on Oversight and Government Reform held a series of hearings on artificial intelligence (AI)… read more

Building safe artificial intelligence: specification, robustness, and assurance

Building a rocket is hard. Each component requires careful thought and rigorous testing, with safety and reliability at the core of the designs. Rocket scientists and engineers come together to design everything from the navigation course to control systems, engines and landing gear… read more

UPCOMING EVENTS

We are pleased to announce that the annual BootstrapLabs Applied Artificial Intelligence Conference will return for the fourth year on April 18, 2019 in downtown San Francisco.

A limited number of tickets are currently on sale at the Super Early Bird Price ($1200 off). 

 

BootstrapLabs Founder and CEO, Nicolai Wadstrom, will be speaking at the innogy UnConference in Berlin on October 4, 2018. At the UnConference, innogy will bring together 350 business leaders, entrepreneurs, investors and experts who will explore business opportunities that have the potential to shape the energy systems of the future.

LEADERS IN AI

In case you missed our BootstrapLabs Applied AI Conference this past April, we’d like to share with you a portion of the highlights and discussions that took place about interesting sectors like Transportation, Health, Logistics, Media, Energy and more.

Check out our video below on “How AI Shapes the Future of Our Energy System.” If you’re curious and would like to explore more topics about AI, check out our YouTube Channel.

Speakers

Thomas Birr: SVP Innovation & Business Transformation, innogy and and CEO, innogy Innovation Hub

Stephen Comello: Director, Sustainable Energy Initiative, Stanford

Nicolai Wadstrom: Founder and CEO, BootstrapLabs

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innogy, Thomas Birr, Nicolai Wadstrom, BootdtrapLabs

innogy Innovation Hub and BootstrapLabs to form a Partnership for Investments in AI and Energy

innogy, Thomas Birr, Nicolai Wadstrom, BootdtrapLabs

We are proud to announce our partnership with innogy New Ventures LLC, part of the innogy Innovation Hub and an affiliate of innogy SE, a leading German energy company and the third largest utility in Europe with annual revenues of €43 billion (2017).

The Energy sector is often overlooked by technology-focused investors that deem it too complex, slow, and concentrated. At BootstrapLabs, we understand that Energy, and its supply-chain infrastructure, is powering our modern way of life, including all the technology that we have come to love and rely upon each and every day. Not having a safe, secure and always available source of electricity is not an option and we need to put our best minds on the problems facing utilities, if we are to solve some of their major challenges in time.

innogy Innovation Hub and BootstrapLabs share a common vision that AI will be a key pillar to ensure that utilities successfully transition into the future. As part of our long-term strategic relationship, innogy New Ventures will invest an initial sum of $5 million in BootstrapLabs’ Applied AI Funds, and together we will coordinate globally to build the largest artificial intelligence community for energy ecosystems, and provide a combination of capital and support to Applied AI startups that reimagine the future of energy production, distribution and management across decentralized and interconnected energy services for consumers, machines, enterprises, and public sector agencies.

“As a venture capital firm focused on Applied AI, we believe that the advances made from deep learning and machine learning algorithms will revolutionize both the demand and supply side of the energy economy. With about 22 million customers and activities in 15 countries, innogy is the perfect partner to help us validate use cases quickly and scale our venture investments globally,” said Nicolai Wadstrom, Founder and Managing Partner of BootstrapLabs.

To read the full press release visit the full press release.

BootstrapLabs AAI18 Keynote and Fireside Chat – How AI Shapes the Future of Our Energy System

The energy systems of the future will be too complex to be managed by people and this is precisely where AI comes in.

In this Keynote and Fireside Chat, Thomas Birr, Stephen Comello, and Nicolai Wadstrom discuss the impact of Artificial Intelligence on energy systems by activating AI and powering the electrical grids of the future, AI will help to make energy safer, more reliable, and customer service oriented.

Speakers:

  • Thomas Birr, SVP Innovation & Business Transformation, innogy and CEO, innogy Innovation Hub
  • Stephen Comello, Director, Sustainable Energy Initiative, Stanford
  • Nicolai Wadstrom, Founder and CEO, BootstrapLabs

During this session, the speakers discussed the future of our energy system, how production and usage will evolve over time, and how we will leverage AI to manage, predict, and optimize energy.

Some of the key takeaways from the session are:

  • The energy systems of the future will be too complex to be managed by people and this is precisely where AI comes in.
  • By leveraging customer habit data with AI and algorithms, the grid will be able to optimize when/where/how to distribute energy.
  • The future of the grid lies in micro dimension, with multiple micro-grids and connected devices that will self-optimize and make economic decisions without human interaction.

About Thomas Birr:
Thomas is the SVP of Innovation & Business Transformation at innogy SE and CEO of the innogy Innovation Hub, a leading European utility whose mission is to create a future beyond the traditional energy business. He leads innogy’s Innovation Hub, which is now building and co-creating new digital and platform-powered business models in partnership with the world’s most promising start-ups. Thomas is a strong believer that AI will change every industry – including Energy.

About Stephen Comello:
Dr. Comello is the director of the Sustainable Energy Initiative at Stanford Graduate School of Business and a founding member of the Bits & Watts Initiative within Stanford’s Precourt Institute for Energy. His work examines the organization of innovation and how technology and policy co-evolve to influence the economic attractiveness of advanced energy solutions.

About Nicolai Wadstrom:
Nicolai is the Founder and CEO of BootstrapLabs, a leading Venture Capital firm based in Silicon Valley and focused on Applied Artificial Intelligence. Throughout his career he has been very focused on product and technology development within Machine Learning, Big Data, Analytics, Internet, Mobile and Software/Cloud sectors. Prior to BootstrapLabs he was a multiple-time startup CEO and CTO. He has raised capital from Angels, Private Equity, Investment Banks and VC’s. Nicolai is a frequent guest speaker, mentor and judge at Universities and Conferences in the US and Europe.

About BootstrapLabs Applied AI Conference: 

The BootstrapLabs Applied AI Conference is a yearly conference organized by BootstrapLabs, a leading Venture Capital firm focused on Applied AI. The annual event brings together over 800 members of the Artificial Intelligence community for a day of incredible speakers and exciting conversations. The community is comprised of founders and executives who are experts in the field of Applied Artificial Intelligence, veteran technologists leading the world’s most innovative organizations, and key partners in the AI ecosystem sharing deep-domain knowledge within specific verticals.

If you would like to attend the BootstrapLabs Applied Artificial Intelligence Conference 2019, tickets are now available!

BootstrapLabs Presents at US Navy’s HACKtheMACHINE

Seattle, Washington – September 22, 2018 – Ben Levy, Co-Founder of BootstrapLabs was recently invited to present on the state of Applied Artificial Intelligence at HACKtheMACHINE, which was hosted by the Naval Sea Systems Command.

During his keynote, Ben spoke about the State of AI Technology and Tools, where he highlighted why advances in Applied AI are happening now and the impending impacts, opportunities, and challenges that lie ahead for businesses and technologists.

 

 

Ben also shared insights about current investment trends, data projections, and industry milestones that will help carve a path for those hoping to leverage AI’s transformative power.

Ben Levy, Co-Founder, BootstrapLabs, Artificial Intelligence, U.S Navy, HACKtheMACHINE

The discussion on Applied AI, which was part of the Designers Executive schedule, also included presentations by Mr. Kumar Venkateswar, Product Team Lead at Amazon SageMaker and Mr. Andrew Kim, Public Policy and Government Affairs at Google AI.

HACKtheMACHINE is the US Navy’s premiere digital experience for building a community of practice in maritime security.

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Bootstraplabs To Speak at the innogy Unconference on October 4th

Nicolai Wadstrom, BootstrapLabs Founder and CEO, will be speaking at the innogy UnConference in Berlin on October 4, 2018. At the UnConference, innogy will bring together 350 business leaders, entrepreneurs, investors and experts who will explore business opportunities that have the potential to shape the energy systems of the future.

Our partners at innogy believe that “the future sits at the convergence of people and technologies. In bringing together diverse groups in inspiring conversations we will generate new solutions that will allow us to disrupt the status quo and co-create the energy system of tomorrow and beyond.”  Together with Thomas Birr, Head of Innovation at innogy, Nicolai will discuss how Artificial Intelligence will impact the future of global energy systems.

Topics to be discussed at the conference and during Nicolai’s presentation will include:

  • SMART & CONNECTED: At what point will our living and working environments start to govern our lives?
  • DIGITAL DISRUPTION & ARTIFICIAL INTELLIGENCE: Will the digital revolution and artificial intelligence make utilities redundant?
  • HUMAN-MACHINE INTERACTION: How will machines and systems augment human intelligence
  • CYBER SECURITY: Will tech advancements put energy systems at risk? How can AI technologies help reduce these risks.

More information about the conference can be found on the organizers’ website.