Independent auditors are struggling to hold AI companies accountable

{ object.primary_image.title }}

Controversial AI company HireVue implied that an external audit showed its algorithms had no bias. But a look at the audit itself tells a different story. Last week, the algorithmic hiring company HireVue seemed to declare that it had stopped using facial analysis, which came as a welcome surprise to critics of the problematic artificial intelligence application. But when you look more closely, the announcement contains as much obfuscation as it does progress. Read Full Story

Read Full Article on Fast Company

The 10 most innovative artificial intelligence companies of 2020

{ object.primary_image.title }}

Graphcore, Nvidia, and eight other companies pushing the art of AI forward. Artificial intelligence has reached the inflection point where it’s less of a trend than a core ingredient across virtually every aspect of computing. These companies are applying the technology to everything from treating strokes to detecting water leaks to understanding fast-food orders. And some of them are designing the AI-ready chips that will unleash even more algorithmic innovations in the years to come. Read Full Story

More

This AI camera detects people who may have COVID-19

{ object.primary_image.title }}

Austin-based Athena Security first gained recognition using AI to detect firearms. It’s now tackling another public health threat. With the U.S. lagging other countries in the distribution of coronavirus testing kits, health authorities have had to look to other means of detection, like the infrared ear thermometers used in some countries. And now one Austin-based company says its security cameras use thermal imaging and computer vision tech to detect people who have fever possibly related to the virus. Read Full Story

More

What leading consultants say about the usage of AI in marketing?

{ object.primary_image.title }}

30-second summary: In Deloitte’s 2019 CMO Survey Report, 56% of participants anticipated using AI for content personalization. 33% of respondents foresee applying AI for improving marketing ROI by optimizing marketing content and timing. Mckinsey’s survey found that 44% of companies reduced operational costs and increased business revenue by using AI in marketing. The Bain and Company found that marketing insights gathered through new machine-learning capabilities helped gain 10x in marketing performance. The company also saw a 25% increase in additional revenue through cross-selling. An EY study of CEOs and business leaders reveals that 62% of respondents believe artificial intelligence will have a significant impact on creating efficiencies at their company. In a survey conducted by BCG, 90% of respondents agreed that artificial intelligence represents a business opportunity for their company. However, 70% of companies report minimal or no impact from AI so far. Marketers have started using artificial intelligence to …

More

7 enterprise level providers of AI-enabled marketing solutions

{ object.primary_image.title }}

30-second summary: We provide seven examples of enterprise-level providers of AI-enabled marketing solutions as well as case studies for each. Each of these companies are leaders in their respective category, with B2B and B2C organizations each benefiting from their AI-enabled solutions. This list is not inclusive of every enterprise-level provider, but is meant to give mid-to-enterprise-level organizations an sense of the best-in-class tools that exist in the market today, and how organizations are using them to improve their marketing, sales, and customer experience initiatives. As part of our ongoing coverage of artificial intelligence (AI) in marketing, we’ve compiled a list of ten enterprise-level providers of technology solutions that utilize AI in some capacity. This list covers key categories within the martech space including digital asset management, marketing and sales enablement, customer experience/engagement, and account-based marketing. This list is not – by any stretch of the imagination – comprehensive in terms …

More

Controversial facial recognition company Clearview AI just had its entire client list stolen

{ object.primary_image.title }}

The breach of its entire client list may shed some embarrassment on organizations that are clients of the company that wish to remain unknown. Clearview AI, the New York City-based facial recognition company, has had its entire client base list stolen by hackers, reports The Daily Beast . The list contains all the names of the customers of the controversial AI company and is sure to be the biggest scandal yet the company has faced since its founding in 2017. Read Full Story

More

5 tips to accelerate your company’s AI implementation

{ object.primary_image.title }}

30-second summary: The potential of artificial intelligence is almost boundless. AI solutions are starting to be introduced by organizations across many industries and fields. A strong starting point for any AI implementation is to get buy-in from company decision-makers. If key stakeholders understand AI’s potential, they’ll properly resource any transition. AI is particularly useful in the field of data analytics. If you are going to join the ‘Big Data’ era, you need robust data governance. There’s no one-size-fits-all approach to AI implementation. You need to explore and test the different tools and solutions available to you. Don’t neglect the human side of your business in seeking AI-driven answers to your problems. Make sure you train staff effectively in all automation or AI tools you introduce. It’s not insider information to know the unmatched potential of company-wide AI implementation. Even with all the advancement in recent years, it still feels like …

More

How Microsoft’s new $16B acquisition could bring AI to your doctor’s office

{ object.primary_image.title }}

The tech giant bought speech AI pioneer Nuance as part of a push into healthcare. But transformational speech transcription algorithms may still have a long way to go. On Tuesday, Microsoft announced it had acquired Nuance Communications for $16 billion. Nuance is a pioneer in the field of advanced medical transcription, but the technology is still young. The battle to reduce the administrative burden for doctors using artificial intelligence is intensifying, and the acquisition could position Microsoft well to compete against other tech giants as they jostle for dominance within healthcare. Read Full Story

More

I’ve worked in AI for 2 decades. This flaw in Google’s system shocked me

{ object.primary_image.title }}

The Aible founder’s unsettling experience with Google’s advertising AI reveals the importance of ensuring there is human oversight of automated systems. Algorithms that are trained to find patterns in data—commonly known as AI—have already become a transformative force in business. But a recent experience reminded me of some of the fundamental problems with AI algorithms that are trained to optimize for the wrong things—an issue that can create unforeseen consequences, especially when there is no human oversight. Read Full Story

More

AI helped Facebook crack down on 68% more hate posts in Q1

{ object.primary_image.title }}

COVID-19 has put a crimp in the company’s human-moderator operation, but it says that its algorithms are getting better at targeting harmful content. Facebook says it took down 68% more hate posts in the first quarter of 2020 than it did in the last quarter of 2019. The company says that the increase is due mainly to the marked improvements in the machine learning systems it uses to track down hateful content on its network. Read Full Story

More

Subscribe to our newsletter

Join our newsletter and never miss out trending marketing news.

HitcountVariables(pk=14940, ajax_url='/api/hit/ajax/', hits='2')