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Brookings report on “Automation and AI: How Machines Are Affecting People” – Men are more Vulnerable than Women

The Metropolitan Policy Program at Brookings published a 100+ page study on Automation and Artificial Intelligence this week, focusing on “how machines are affecting people and places”. The authors, Muro, Maxim and Whiton, look at data for the impact of automation. First, backward, from 1980-2016, then forward, from 2016-2030, and across some 800 occupations. Not …

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BlackRock to Partner with Microsoft on Digital/Retirement; with Acorns on Next Gen Investors

We use technology to think beyond what’s possible …. is how BlackRock, the largest investment manager in the world with $6.4 trillion in AUM, welcomes visitors to it’s homepage. This week BlackRock and Microsoft announced a partnership to create a retirement solution investment platform with digital financial planning tools, alongside a new generation of BlackRock …

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Apple Looks To AI in New Industries For Post iPhone Era, including Financial Services

In many ways, Apple is on top of the business world because of the iPhone. Technology and foresight allowed Apple to become one of the top three global companies by market cap thanks to the iPhone. Fourth quarter 2018 numbers showed $62.9 billion in revenues and the shipment of Apple’s 2 billionth iOS device, “with …

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Blackstone & AI: MIT’s Stephen Schwarzman College of Computing

Stephen Schwarzman doesn’t do things halfway… ten years ago, he donated $100 million to the NY Public Library, subsequently known as the the Stephen A. Schwarzman building. That was for books. In October 2018 he announced a $350 million grant to MIT to study artificial intelligence. His foundational gift – part of a $1 billion …

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Israel’s AI Startups Have Clout with the Cloud: Google, Microsoft & the War for AI Talent

Google just announced its intent to buy Alooma for cloud data migration and to grow its cloud footprint in Israel. Google’s VP of Engineering and Director of Product Management for the Cloud Platform commented that “one of the things we’re most excited about with Alooma is the deep expertise for both enterprise and open source …

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AQR hires star Head of ML from Guggenheim after lawsuit and team spin-out, then replaces him

Who says Machine Learning and computer/algorithmic investing can‘t be exciting? Prof Marcos Lopez de Prado in September 2018 joined AQR as their Head of Machine Learning/Principal with his team. „Our foundation in applied academia and our culture of intellectual curiosity mean we are always relentlessly looking for new data, signals and techniques to strengthen our …

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Silicon Valley AI Startups, and how they sell to firms like Amazon, Google and Walmart

Venky Harinarayan and Anand Rajaraman first met at the Indian Institute of Technology, Madras and, while getting advanced computer science degrees at Stanford (and sharing an office with Sergey Brin), founded Junglee, a shopping search engine enabling customers to search for products from online and offline retailers in India, in 1996 (later bringing on two …

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Facebook hires Chief Data Scientist, Google hires Technical AI Director – both let them continue with consulting and research efforts: Flexicurity for AI Stars.

When Mark Zuckerberg last year hired Xin Fu as Head of Data Science from LinkedIn, the most interesting aspect for us was that he is letting him continue to be an advisor to Didi Chuxing’s CTO and Lynk Global’s CEO. Similarly, Google recently hired Amazon’s Senior Director for Alexa AI, Ashwin Ram, as Technical Director …

Facebook hires Chief Data Scientist, Google hires Technical AI Director – both let them continue with consulting and research efforts: Flexicurity for AI Stars. Read More »

Facebook To Put FB, Messenger, WhatsApp and Instagram into One Platform

Facebook is taking greater control over the back-end connections between Facebook, Messenger, Instagram and WhatsApp, including encryption. The initiative is supposed to be implemented by 2020 and comes directly from CEO Zuckerberg. As mashable reports, Facebook is looking to stop the fading interest in the social network and hopes to benefit from the popularity of …

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