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AI’s bias problem is human

AI is only as good as – and a reflection of – the data we train it on. AI is trained on data sets that may contain inherent bias, and teams developing AI may be insufficiently diverse to recognize bias in their models. In short, the problem is human(s). Fortunately, the solution is also human.

08.17.2018 17:02 read more...


Openbook is the latest dream of a digital life beyond Facebook

There have been many such attempts to build a ‘better’ social network of course. Most have ended in the deadpool. A few are still around with varying degrees of success/usage (Snapchat, Ello and Mastodon are three that spring to mine). None has usurped Zuckerberg’s throne of course. This is principally because Facebook  acquired Instagram and WhatsApp. It has also bought and closed down smaller potential future rivals (tbh). So by hogging network power, and the resources that flow from that, Facebook the company continues to dominate the social space. But that doesn’t stop people imagining something better — a platform that could win friends and influence the mainstream by being better ethically and in terms of functionality. And so meet the latest dreamer with a double-sided social mission: Openbook.

08.13.2018 09:57 read more...


A private Tesla backed by Saudi Arabia might not be as far-fetched as you think

This week the business and tech world was stunned when Elon Musk  hinted on August 7, via Twitter of course, that he wanted to take Tesla private. The estimated price tag for such a move is commonly put at up to $72 billion. Shortly after that no ‘white knights’ appeared and Tesla’s shares plummeted. But today, Bloomberg came out with a new report which might well fan the flames of speculation on Monday. Its story has sources which say that Saudi Arabia’s sovereign wealth fund (called the Public Investment Fund or PIF) was already in talks with Tesla  to become a significant investor before Musk’s tweets.

08.13.2018 09:28 read more...


How Airbnb went from renting air beds for $10 to a $30 billion hospitality behemoth

Happy 10th anniversary Airbnb! When we first wrote about the company a decade ago, it was a spare website cobbled together by its founders for the low low price of $20,000. In the years since, the marketplace Airbnb  created has radically transformed the rental landscape in cities, created an entirely new hospitality market and surged to a valuation of roughly $31 billion.

08.13.2018 09:20 read more...


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News
02.10.18
Venture and growth investors are doing a lot to speed up the rise of these worker-bots. So far this year, they’ve poured hundreds of millions into developers of robotic process automation technology, the term to describe software used for performing a series of tasks previously carried out by humans.
02.10.18

What if blockchain turned out to be just what emerging economies were after?

 

02.10.18

While Clinton certainly did not appear to be a Shingy-esque blockchain evangelist onstage, he delivered a targeted amount of enthusiasm about new technologies like blockchain and artificial intelligence in enhancing accessibility and shaping the country’s economic future.

02.10.18
It might be the only way we can break Facebook’s hold on our lives, it could cement Apple’s reputation as a privacy-minded service provider, and more importantly, it wouldn’t be that hard to get people to use it.
02.10.18
Instagram’s co-founders announced that Adam Mosseri, the platform’s vice president of product, is now in charge. Mosseri will oversee all functions of the business and recruit a new executive team, Kevin Systrom and Mike Krieger said in a statement. The co-founders announced their departure last week — more than six years after Facebook purchased the company for $1 billion. “We remain excited for the future of Instagram in the coming years as we transition from being leaders at Instagram to being just two users in a billion,” said Systrom and Krieger.
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