Monthly Archives: July 2017

ONC BOCES receives grant for robotics program – Oneonta Daily Star

Posted: July 25, 2017 at 12:19 pm

The Corning Incorporated Foundation has awarded agrant of $15,000 to Otsego Northern Catskills BOCES, according to a media release.

The money is to go toward an expected Fall 2018 launch of a Mechatronics/Robotics program.The program is designed to prepare students for entry-level manufacturing jobs and to go on to college for advanced training.

Robotics deals with the design, construction, operation, and application of robots. Mechatronics is a technology that combines electronics and mechanical engineering. Mechatronics/Robotics at ONC BOCES will be an interdisciplinary program focused on mechanics, electronics, motor control systems, and automation, which drive the design, operation and maintenance of all modern complex machinery, the release said.

Several area manufacturing firms and food-production facilities rely on mechatronics, but sometimes struggle to fill positions, according to the release. The new program is intended to help plug the middle skills gap, the release said.

Mechatronics/Robotics will provide students with the necessary information and skills sets to enter the emerging field of advanced manufacturing, ONC BOCES Superintendent Nicholas Savin said in the release. SUNY Delhi has recognized the employment need for this emerging field and has developed 2- and 4-year programs to prepare students for this work. Problem solving, mechanical and electrical design, automation and computer systems/logic represent areas of study. Broome Community College has also recognized the need in this emerging field and has begun to develop a degree program as well to help meet the skilled employment needs for this industry.

The Mechatronics/Robotics program offered at the high school level at ONC BOCES will allow for students to achieve a level of experience that will enable them to enter the workforce after graduation or position them to excel in a related course of study at a higher educational institution, the release said.

The grant was written by the Capital Region BOCES Grants Service.

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Sonam Kapoor Flaunts Ample Cleavage in Sexy Nude Strapless Bra Because She Can! See Picture – India.com

Posted: at 12:19 pm

Sonam Kapoor is one of the fearless celebrities of the industry. The Bollywood actress neither fears to speak her mind or doing what her heart pleases. Sonam recently posted a gorgeous picture on Instagram from her LOreal Paris campaign photoshoot, and it is everything graceful and hot. Known for her eccentric fashion sense, Sonam flaunted sexy cleavage-baring nude strapless bra wearing a gorgeous dotted dress. This picture comes just a few days after Sonam Kapoor was slut-shamed for posting a selfie with Anushka Sharma dressed in a floral outfit that put her ample bust on display. The Neerja actress is not the one to be meddled with has amicably shut the trolls down by uploading yet another sexy snap.Sonam Kapoors Cleavage Revealing Dress in Selfie With Anushka Sharma Receives Major Backlash from Online Trolls! See Hot Picture.

The actress who is currently vacationing in New York with her rumoured boyfriend, Anand Ahuja stunned her fans by posting a resplendent image on her official Instagram account. She captioned the image, Had an amazing time shooting for LOreal Paris Pure Clay Masks! Checkout my BTS images from LOreal only in my App! #InstaDetox @lorealmakeup @lorealindia. She wears a chic nude dotted with strapless outfit, highlighting her curves to the fullest. With a picturesque locale serving as the perfect background, this photograph will go down as yet another dreamy affair of Sonam Kapoor.Sonam Kapoor looks drop dead RAVISHING in this new photoshoot! View Pics and Video!

Sonam Kapoor is quite a busy bee these days courtesy her modelling assignments. After flooring the world with her silvery bridal avatar while walking the ramp for Ralph & Russos 2017 fall/winter Haute Couture collection at the Paris Fashion Week earlier this month, she recently became the showstopper for Abu Jani and Sandeep Khosla for their new Couture and bridal collection. Sonam nailed both the events with her flawless and impactful walk that reflects the actress grace and poised personality.

Had an amazing time shooting for LOreal Paris Pure Clay Masks! Checkout my BTS images from LOreal only in my App! #InstaDetox @lorealmakeup @lorealindia

A post shared by sonamkapoor (@sonamkapoor) on Jul 24, 2017 at 3:55am PDT

The actress who will next be seen in Veere Di Wedding and Untitled Sanjay Dutt Biopic is presently taken some time off and spending quality time with her alleged beau, Anand Ahuja. The happy pair has taken over the New York streets, as they share new clicks on their Instagram accounts. There have been a lot of murmur about their impending marriage plans in the media, which was aptly shut down by Sonam in a detailed tweet addressed to gossip columnists. Well, this girl does not mince her words when giving a piece of her mind!

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Love Island’s Olivia Buckland hits back as ‘insecure’ fianc Alex Bowen is criticised for undergoing MAJOR image update – CelebsNow

Posted: at 12:19 pm

Our Love Island lady Olivia Buckland is no stranger when it comes to speaking her mind.

So when her fianc and reality co-star Alex Bowen came under fire for one of his latest selfies, the 23-year-old was not about to take the comments lying down.

Read: All the Latest TV news

Brummy-born, Alex showed off his brand new set of teeth last week after deciding to treat himself to some shiny veneers and why not?

Uploading a snap of his gnashers on Instagram, the tattooed star wrote: Massive thank you to @ask_the_dentist for giving me my dream smile.

But unfortunately some of the stars 1.1 million followers werent a fan of his bright while smile, and went on to criticise Alex in a BIG way.

One fan ranted: I LOVED your teeth. They were what made you so gorgeous and were so unique to you. Im gutted. But you still look hot. Just a bit more generic sadly!

And this obviously didnt down too well with Olivia who has now admitted the comments really angered her.

More: I was really struggling: Love Islands Olivia Buckland praises the raunchy show for healing her depression and anxiety

Some people commented, saying he looked generic after he posted a selfie on Instagram. It really angered me, Liv wrote in her new! magazine column.

Explaining the reason behind her fiancs decision to get the dental procedure, she continued: Hes always felt insecure about his teeth but hasnt stopped smiling since he got his new ones.

I hated seeing bad comments under the photo, so I went through 400 of them and deleted all the horrible ones.

Alex has been showing off his brand new teeth on holiday in Rome [Instagram]

If youre considering getting them done, be warned its so hard to eat afterwards. I couldnt bit into a crisp or a crust of bread.

And when I tried to eat soup, it kept dribbling out of my mouth because it was numb and I couldnt feel it. So attractive, ha ha! LOL.

Were pretty sure these two are going to have the whitest teeth in Essex.

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A small business internet approach the differing demands of the business spectrum – Real Business

Posted: at 12:19 pm

Most businesses these days rely on internet, yet no two businesses are alike. How do you pin down what your specific small business internet requirements are?

Different businesses need different things, but one thing most businesses will have in common is the need for a reliable internet connection.

Its something so intrinsic to our working lives, we almost take it for granted until, that is, we lose service. Suddenly we release how little we can get done we cant email, we cant use the cloud to access files and data, we cant use any online tools or Google.

Of course, the extent to which businesses rely on the internet will vary some may be based entirely online, while others may use it simply to sell its wares further afield. No two businesses are alike, and thats why when it comes to choosing your internet package there are a variety of factors to consider to make sure you get the best deal tailored for your specific set of needs. Small business internet: What kind of contract do you need?

Perhaps the first thing you will consider is what kind of contract you need residential or business internet? If you work from home, you may be inclined to go for the residential internet as it often comes with a cheaper price tag.

If you want to put the broadband through the company accounts, then a business broadband is the only option for you, says William Goodall, acquisition manager at Virgin Media Business.

Our business broadband also has a higher bandwidth than the residential side, so if thats key then business broadband might also be the best option.

The added customer service levels and increased security alone make it worth considering its definitely bad for business if you leak customer data. In addition, providers will often prioritise business internet customers, which is a great perk.

Depending on where youre at in your business for example, if you are fairly well established with a staff of about 50 or more employees you may look to consider Managed Internet Access (MIA).

Sometimes referred to as leased lines, MIA essentially means you have a line thats dedicated to you and uncontended; you dont have to share bandwidth with anyone else. It means fast speeds, so its perfect for businesses uploading and downloading lots of large files.

Its more expensive, but with faster speeds, greater reliability and enhanced customer service, it could be worth the price if your business is at a certain stage.

Small business internet: Nailing the basics

Once youve decided what kind of contract to go for, the next thing you look at should be speed and price of service.

There are some providers out there that offer significantly faster speeds which are worth paying for.

When a provider tells you what speed they offer, keep in mind thats often the maximum speed, and the actual service can dip below; always check the minimum speeds offered.

And while you absolutely need to think about what your business can afford to pay, its wise not to cut corners in case you end up losing money due down the line. Small business internet: Building your reputation

Something else to look at is whether you need a static or a dynamic IP address. An IP address is a number your provider uses to identify your device and your connection, but this number changes every time you log on if you have a dynamic IP address.

A static IP address is great for businesses, because it means you can host your own server. This allows you to have more control over your email and create a company specific address, and even host your own website. This can make your business seem professional and more established, all of which is good news for your reputation.

A micro business would absolutely be able to get by with residential broadband, however without a static IP they might struggle to make full use of the connection, and they would be unable to put the connection through the company accounts, making the business accounting more difficult, explained Goodall.

This might not be something you are ready to do yet, but a year or so down the line maybe youll want to run your website in-house, who knows? Its worth keeping scalability in mind, regardless of where youre at right now.

Wherever you sit on the business spectrum, there are benefits out there that could help you scale up and expand your horizons beyond the basic internet offering. Weigh up where your priorities are, do your due diligence, and make the deal that is right for you.

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Qualcomm opens up its AI optimization software, says dedicated mobile chips are coming – The Verge

Posted: at 12:16 pm

In the race to get AI working faster on your smartphone, companies are trying all sorts of things. Some, like Microsoft and ARM, are designing new chips that are better suited to run neural networks. Others, like Facebook and Google, are working to reduce the computational demands of AI itself. But for chipmaker Qualcomm whose processors account for 40 percent of the mobile market the current plan is simpler: adapt the silicon thats already in place.

To this end the company has developed what it calls its Neural Processing Engine. This is a software development kit (or SDK) that helps developers optimize their apps to run AI applications on Qualcomms Snapdragon 600 and 800 series processors. That means that if youre building an app that uses AI for, say, image recognition, you can integrate Qualcomms SDK and it will run faster on phones with compatible processors.

Qualcomm first announced the Neural Processing Engine a year ago as part of its Zeroth platform (which has since been killed off as a brand). From last September its been working with a few partners on developing the SDK, and today its opening it up to be used by all.

Any developer big or small that has already invested in deep learning meaning they have access to data and trained AI models they are the target audience, Gary Brotman, Qualcomms head of AI and machine learning, told The Verge. Its simple to use. We abstract everything under the hood so you dont have to get your hands dirty.

The company says one of the first companies to integrate its SDK is Facebook, which is currently using it to speed up the augmented reality filters in its mobile app. By using the Neural Processing Engine, says Qualcomm, Facebooks filters load five times faster than compared to a generic CPU implementation.

How exactly developers will use the SDK will vary from job to job, but the basic task of the software is to allocate tasks to different parts of Qualcomms Snapdragon chipset. Depending on whether developers want to optimize for battery life or processing speed, for example, they can draw on compute resources from different parts of the chip eg, the CPU, GPU, or DST. It allows you choose your core of choice relative to the power performance profile you want for your user, explains Brotman.

The SDK works with some of the most popular frameworks for developing AI systems, including Caffe, Caffe2, and Googles TensorFlow. Qualcomm says its designed not just to optimize AI on mobile devices, but also in cars, drones, VR headsets, and smart home products.

what were seeing is a tidal wave of AI workloads.

But deploying frameworks that adapt existing silicon is only the beginning. What were seeing is a tidal wave of AI workloads that are creating more demand for compute, says Brotman. To meet this demand, companies are working on entirely new architectural designs for AI-optimized chips. Microsoft, for example, is building a custom machine learning processor for the Hololens 2, while British chipmaker Graphcore recently raised $30 million to build its own Intelligence Processing Units for mobile devices.

For Qualcomm, this switch is further down the line, but its definitely coming. When were baking something into silicon, thats a very deliberate bet for us, and it doesnt come easy, says Brotman. Computes compute, and if we can optimize now what weve already got in our portfolio then were doing our job well. Longer term, though, is there going to be a need for dedicated neural computing? I think thats going to be the case, and the question is just, when do we place that bet.

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HubSpot acquires Kemvi to bring more AI into its sales and marketing platform – TechCrunch

Posted: at 12:16 pm

HubSpot is announcing that it has acquiredKemvi, a startup applying artificial intelligence and machine learning to help sales teams.

A few months ago, Kemvi launched DeepGraph, a product that analyzes public data so that salespeople can identify the best time (say, after a job change or the publication of an article) to reach out to potential customers. It also proactively reaches out to verify leads.

Our vision has been to empower sales and marketing professionals by building technology that can extract information from text about whats happening in the world, said Kemvi founder and CEOVedant Misra.

And from the HubSpot perspective, Chief Strategy OfficerBrad Coffey said the company had been looking for new ways to bring AI technology into its platform. He acknowledged that AI and machine learning are buzzwords that get thrown around a lot right now, but he found Kemvi particularly appealing because it addressed a real need among salespeople.

What we want to do is focus on delivering tangible value to our customers, Coffey said. Thats what theyre here for theyre trying to understand the right way to grow their business and reach their customer. Its not that we want to invest in machine learning and AI for the academic interest of it.

The two-person Kemvi team, including Misra, will be joining HubSpot to work on bringing the startups technology into the HubSpot platform. Misra also said theres a transition plan for current Kemvi/DeepGraph customers: I think theyll be excited for what were working on at HubSpot.

The financial terms of the acquisition were not disclosed. Kemvi previously raised $1 million in funding from Seabed VC, Neotribe Ventures, Kepha Partners and others.

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Agtech startup Prospera, which uses AI and computer vision to guide farmers, harvests $15M – TechCrunch

Posted: at 12:16 pm

Tel Aviv-based startup Prospera has raised a $15 million Series B to expand the scope of its technology, which uses computer vision and artificial intelligence to help farmers analyze data gathered from their fields. The round was led by Qualcomm Ventures, with participation from Cisco Investments, ICV and returning investor Bessemer Venture Partners, and brings Prosperas total funding to $22 million (its Series A was covered by TechCrunch in July 2016).

The startups new capital will be used enter more global markets, add people to its delivery and customer-facing teams and broaden its services to cover more crops, including making a key shift from indoor farms to outdoor farms, which has huge implications given that 40 percent of U.S. land is farmland, says co-founder and CEO Daniel Koppel.

Since its Series A, Prospera has added new customers in Europe, Mexico, and the U.S. and now claims thousands of users, including produce growers for Walmart, Tesco, Sainburys, and Aldi.

Its technology has also evolved from its focus on automatically detecting pests and diseases to every aspect of farm production, says Koppel. This includes agronomy (the science of soil management and crop production), operations and managing a farms labor to increase its bottom line.

Some of the most notable companies also looking at agtech include drone makers like DJI and Agribotix (interestingly, Prosperas new investors Qualcomm and Cisco are both working tech to support the development and manufacturing of drones).

Koppel doesnt see those companies as competitors, but as potential partners. Drones will provide another valuable data stream for our analyses, enriching our database and potentially helping us provide even more value to our clients, he says.

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When Will AI Be Better Than Humans at Everything? 352 AI Experts Answer – Singularity Hub

Posted: at 12:16 pm

Predictions of when machines will make us obsolete seem to come either from AI evangelists or doom-mongers with little practical experience of the field. Now though, researchers have carried out the largest-ever survey of machine learning experts on the subject.

The advent of AI that can outperform humans at various tasks will have a dramatic impact on society, so forecasting when particular skills or jobs will be automated could be invaluable for policymakers.

But the field is so fiendishly complex and has so many specialized sub-disciplines that there are very few people in a position to forecast when these breakthroughs will come. So instead, researchers at the Oxford Universitys Future of Humanity Institute decided to crowdsource the problem.

They contacted 1,634 researchers who published papers at the 2015 NIPS and ICML conferencesthe two leading machine learning conferencesand asked them to complete a survey on the topic, with 352 researchers responding.

When all the researchers answers were combined, the aggregate forecast was that there is a 50 percent chance that unaided machines can accomplish every task better and more cheaply than human workers within 45 years, and a 10 percent chance of it occurring within nine years.

Interestingly, there was a large discrepancy between the predictions of Asian respondents, who expect this to occur in 30 years, and North Americans, who expect it to take 74 years.

And when the question was worded slightly differently to gauge when all human labor would be automated rather than just when it could be, the aggregate forecast was a 50 percent chance in 122 years from now and a 10 percent chance within 20 years.

The survey also asked for predictions for when a few specific activities would be taken over by machines such as: translating languages (by 2024), writing high-school essays (by 2026), driving a truck (by 2027), working in retail (by 2031), writing a bestselling book (by 2049), and working as a surgeon (by 2053).

However, the usefulness of specific predictions like this is exemplified by the fact that back in 2015 the researchers predicted it would take until 2027 for an AI to beat a human at the board game Go. Google DeepMinds Alpha Go beat a top-ranked professional the following year and the worlds number one this year.

Perhaps more interesting are some of the broader findings of the survey, such as a perception that progress in machine learning is accelerating. More than two-thirds of respondents said progress was faster in the second half of their career and only 10 percent said progress was faster in the first half.

There was little support for one of the mainstays of AI evangelism, though. The intelligence explosion is the idea that once AI reach human-level intelligence, including in developing AI, their ability to operate in parallel and at far greater speeds than humans will lead to rapid growth in their capabilities.

When asked how likely it was that AI would perform vastly better than humans in all tasks two years after machines overtook human capabilities the median probability was just 10 percent. When asked whether there would be explosive global technological improvement after two years the median probability was 20 percent.

Unsurprisingly, the vast majority of respondents thought machines outperforming humans would have a positive impact on humanity. But 48 percent also said there should be more research aimed at minimizing the risks of AI.

While the results of the survey are informative, its important to remember that machine learning researchers are inherently enthusiastic about the technology. That means theyre liable to overestimate the speed of progress, while simultaneously underestimating the potential negative implications.

They are also probably not really qualified to judge how technological advances will interact with things like politics, economics, and human psychology. Just because a machine can do something doesnt necessarily mean it will. There are many other factors involved in determining whether AI will be widely adopted than just technological readiness.

Nevertheless, the perspective of those on the bleeding edge of AI research is an important one. While they may have blind spots, theyre certainly better positioned to pass judgment than many of the commentators weighing in on the debate. Lets just hope their optimism is well-founded.

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AI May Soon Replace Even the Most Elite Consultants – Harvard Business Review

Posted: at 12:16 pm

Executive Summary

Over the next few years, artificial intelligence is going to change the way we all gather information, make decisions and connect with stakeholders. Already, leaders are starting to use artificial intelligence to automate mundane tasks such as calendar maintenance and making phone calls. But AI can also help support decisions in key areas such as human resources, budgeting, marketing, capital allocation, and even corporate strategy long the bastion of bespoke consulting firms and major marketing agencies. According to recent research, the U.S. market for corporate advice alone is nearly $60 billion.Almost all that advice is high cost, human-based, and without the benefit of todays most advanced technologies. A great deal of what is paid for with consulting services is data analysis and presentation. They are very good at this, but AI may soon becomeeven better. Quant Consultants and Robo Advisers will soon offer faster, better, and more profound insights at a fraction of the cost and time of todays consulting firms and other specialized workers.

Amazons Alexa just got a new job. In addition to her other 15,000 skills like playing music and telling knock-knock jokes, she can now also answer economic questions for clients of the Swissglobal financial services company, UBS Group AG.

According to the Wall Street Journal (WSJ), a new partnership between UBS Wealth Management and Amazon allows some of UBSs European wealth-management clients to ask Alexa certain financial and economic questions. Alexa will then answer their queries with the information provided by UBSs chief investment office without even having to pick up the phone or visit a website. And this is likely just Alexas first step into offering business services. Soon she will probably be booking appointments, analyzing markets, maybe evenbuying and selling stocks. While the financial services industry has already begun the shift from active management to passive management, artificial intelligence will move the market even further, to management by smart machines, as in the case of Blackrock, which is rolling computer-driven algorithms and models into more traditional actively-managed funds.

But the financial services industry is just the beginning. Over the next few years, artificial intelligence mayexponentially change the way we all gather information, make decisions, and connect with stakeholders. Hopefully this will be for the better and we will all benefit from timely, comprehensive, and bias-free insights (given research that human beings are prone to a variety of cognitive biases). It will be particularly interesting to see how artificial intelligence affects the decisions of corporate leaders men and women who make the many decisions that affect our everyday lives as customers, employees, partners, and investors.

Already, leaders are starting to use artificial intelligence to automate mundane tasks such as calendar maintenance and making phone calls. But AI can also help support more complex decisions in key areas such as human resources, budgeting, marketing, capital allocation and even corporate strategy long the bastion of bespoke consulting firms such as McKinsey, Bain, and BCG, and the major marketing agencies.

The shift to AI solutions will be a tough pill to swallow for the corporate consulting industry. According to recent research, the U.S. market for corporate advice alone is nearly $60 billion. Almost all that advice is high cost and human-based.

One might argue that corporate clients prefer speaking to their strategy consultants to get high priced, custom-tailored advice that is based on small teams doing expensive and time-consuming work. And we agree that consultants provide insightful advice and guidance. However, a great deal of what is paid for with consulting services is data analysis and presentation. Consultants gather, clean, process, and interpret data from disparate parts of organizations. They are very good at this, but AI is even better. For example, the processing power of four smart consultants with excel spreadsheets is miniscule in comparison to a single smart computer using AI running for an hour, based on continuous, non-stop machine learning.

In todays big data world, AI and machine learning applications already analyze massive amounts of structured and unstructured data and produce insights in a fraction of the time and at a fraction of the cost of consultants in the financial markets. Moreover, machine learning algorithms are capable of building computer models that make sense of complex phenomena by detecting patterns and inferring rules from data a process that is very difficult for even the largest and smartest consulting teams. Perhaps sooner than we think, CEOs couldbe asking, Alexa, what is my product line profitability? or Which customers should I target, and how? rather than calling on elite consultants.

Another area in which leaders will soon be relying on AI is in managing their human capital. Despite the best efforts of many, mentorship, promotion, and compensation decisions are undeniably political. Study after study has shown that deep biases affect how groups like women and minorities are managed. For example, women in business are described in less positive terms than men and receive less helpful feedback. Minorities are less likely to be hired and are more likely to face bias from their managers. These inaccuracies and imbalances in the system only hurt organizations as leaders are less able to nurture the talent of their entire workforce and to appropriately recognize and reward performance. Artificial intelligence can help bring impartiality to these difficult decisions. For example, AI could determine if one group of employees is assessed, managed, or compensated differently. Just imagine: Alexa, does my organization have a gender pay gap? (Of course, AI can only be as unbiased as the data provided to the system.)

In addition, AI is already helping in the customer engagement and marketing arena. Its clear and well documented by the AI patent activities of the big five platforms Apple, Alphabet, Amazon, Facebook and Microsoft that they are using it to market and sell goods and services to us. But they are not alone. Recently, HBR documented how Harley-Davidson was using AI to determine what was working and what wasnt working across various marketing channels. They used this new skill to make resource allocation decisions to different marketing choices, thereby eliminating guesswork. It is only a matter of time until they and others ask, Alexa, where should I spend my marketing budget? to avoid the age-old adage, I know that half my marketing budget is effective, my only question is which half?

AI can also bring value to the budgeting and yearly capital allocation process. Even though markets change dramatically every year, products become obsolete and technology advances, and most businesses allocate their capital the same way year after year. Whether thats due to inertia, unconscious bias, or error, some business units rake in investments while others starve. Even when the management team has committed to a new digital initiative, it usually ends up with the scraps after the declining cash cows are fed. Artificial intelligence can help break through this budgeting black hole by tracking the return on investments by business unit, or by measuring how much is allocated to growing versus declining product lines. Business leaders may soon be asking, Alexa, what percentage of my budget is allocated differently from last year? and more complex questions.

Although many strategic leaders tout their keen intuition, hard work, and years of industry experience, much of this intuition is simply a deeper understanding of data that was historically difficult to gather and expensive to process. Not any longer. Artificial intelligence is rapidly closing this gap, and will soon be able to help human beings push past our processing capabilities and biases. These developments will change many jobs, for example, those of consultants, lawyers, and accountants, whose roles will evolve from analysis to judgement. Arguably, tomorrows elite consultants already sit on your wrist (Siri), on your kitchen counter (Alexa), or in your living room (Google Home).

The bottom line: corporate leaders, knowingly or not, are on the cusp of a major disruption in their sources of advice and information. Quant Consultants and Robo Advisers will offer faster, better, and more profound insights at a fraction of the cost and time of todays consulting firms and other specialized workers. It is likely only a matter of time until all leaders and management teams can askAlexa things like, Who is the biggest risk to me in our key market?, How should we allocate our capital to compete with Amazon? or How should I restructure my board?

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The Power of Artificial Intelligence – A Glimpse at HR’s Future – HuffPost

Posted: at 12:16 pm

Artificial Intelligence has infused its majestic wonders in the business world spread through many industries and niches. From predictive technology and fully automated self-regulating processes, to the way companies manage data and market their products; Artificial Intelligence is as real as peanut butter and jelly sandwiches.

And, its here to stay!

Its 2017. The question is how can companies effectively exploit the absolute potential of the tools available at their disposal, while growing their business and still maintaining a personal connection with the customer base?

Recently, Google has become one of several global powerhouses that are financially backing a new $150 million AI research institute in Toronto, Canada. This also includes $20,000 a year in funding as pledged by The Chan Zuckerberg Initiative, the investment fund of Facebook CEO Mark Zuckerberg and his wife Priscilla Chan.

One of the most interesting areas for AI applicability is Human Resources in the Retail and Hospitality industries, where reducing hiring biases and enforcing complete transparency for acquiring talented individuals is crucial.

Knockri, an innovative young tech start-up from Toronto, Canada is one such example of a company taking AI-based HR solutions by the horns.

The ultimate goal is to be able to help every recruiting team in the world, who require strong front-line customer service talent. Our AI system for HR uses audio and videoanalysis, assessing personality attributes to gauge how fit an applicant would be for a position based on employer feedback, industryknowledge and scientificallybacked data, says Jahanzaib Ansari, the companys CEO.

The software system does not eliminate the person to person interview; it only acts as a highly intelligent screening tool, allowing employers to get the best applicant to the interview a lot quicker. Since its founding in 2016, the start-up is already disrupting the retail and hospitality industry by saving employers an immense amount of time and money in the screening and short-listing process of hiring by using the power of AI.

The company is further enhancing their system alongside IBM Watsons cutting edge Artificial Intelligence technology, based out of IBMsInnovation Space in Toronto.

Artificial Intelligence has the potential to have an enormous impact on the Human Resources industry.

Here are 5 ways that stand out:

1. Personalization: Personalizing the process of learning at the corporate level and recording critical employee data relating to a broad spectrum of behaviours and learning patterns.

2. Improved Recruitment: HR is a highly human-centric realm. Since human beings are complicated creatures, its very hard to acquire basic analysis-focused data on individuals during the hiring process. This is where AI helps in predictive analytics using natural language, thus speeding up the recruitment process by empowering businesses to weed out undesirable candidates faster, while committing far fewer mistakes.

3. Workflow Automation: AI is poised to be a game-changer when it comes to workflow problems. Automating processes like interview scheduling, employee performance reviews, employee on-boarding, and even the answering of basic HR questions - all fall under this category.

4. Better prediction models: Prediction models are vital in improving efficiency, productivity and overall cost effectiveness for any organization. This is where AI works its magic by analyzing turnover rates, internal employee engagement levels and communications or any other unforeseen problems that could take months or years to be visibly surface. Artificial Intelligence will always be one step ahead of companies themselves.

5. Reducing Hiring Biases: The quality of data that a companys AI is being trained on is really important. One of AIs fundamental goals should naturally be to help companies build a stronger & more diverse workforce.This means that the data being used to train the AI should be as unbiased as possible, so it can really help businesses increase their employment equity in an honest way.

With a lot of retail brick and mortars shutting down, a huge focus has been put on the in-store customer experience.

It is critical that employers get the best applicant for a position 10x quicker by using technologies and software that work as an enabler; making daily operations alot more efficient via the power of AI, instead of replacing the traditional recruiter altogether.

So whats the take-away here?

HR professionals need to embrace big data, so they can be prepared to adapt the profound technological advancements in AI that are set to revolutionise the recruitment industry forever!

With the fast paced and ever evolving world of business going through tremendous technological changes, it is imperative that companies around the globe - particularly those in the HR, Retail and Hospitality industries - understand, employ and effectively apply the power of Artificial Intelligence.

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The Power of Artificial Intelligence - A Glimpse at HR's Future - HuffPost

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