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Monthly Archives: January 2021
Top 10 Companies in the Global Microbiome Therapeutics Market – GlobeNewswire
Posted: January 1, 2021 at 9:55 am
Dublin, Dec. 29, 2020 (GLOBE NEWSWIRE) -- The "Global Microbiome Therapeutics Market 2020: A Benchmark of the Top 10 Companies" report has been added to ResearchAndMarkets.com's offering.
This report profiles companies actively involved in developing microbiome therapeutics.
Microbiome present in the human body has a major role to play in the overall functioning of the human body. Human microbiota consists of a diverse population of bacterial, viral and eukaryotic communities and is present on skin, nasopharynx, oral cavity, respiratory tract, gastrointestinal tract and female reproductive tract. The naturally occurring microbiota is actively involved in metabolic cycle and the performance of immune system.
Today, with deeper understanding of microbiome and its role in human health, we are able to utilize microbiome for developing therapeutics. Designing microbial therapeutics has been challenging, however with the help of genetic engineering tools manipulating these naturally occurring consortia of microbiome has gained momentum in the last five years.
Numerous studies are being conducted to gain deeper understanding of host-microbiome interaction for developing targeted therapeutics. A significant focus of human microbiome research has been studying the bacteria in the gut, which represent the largest community both in terms of abundance and diversity. Microbiome therapeutics companies are increasingly involved in developing therapies for dysbiosis, obesity, inflammatory bowel disease, cancer, even neurological disorders as schizophrenia and autism.Key Topics Covered:
1. Strategic Imperative and Growth Environment
2. The Radar: Microbiome Therapeutics
3. Companies to Action
4. Strategic Insights
5. Next Steps: Leveraging The Radar to Empower Key Stakeholders
6. The Radar: Analytics
For more information about this report visit https://www.researchandmarkets.com/r/gbn8m2
About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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Top 10 Companies in the Global Microbiome Therapeutics Market - GlobeNewswire
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How to share a tweet through your Instagram Story on an iPhone – Business Insider India
Posted: at 9:53 am
It's fun to share tweets on Instagram, but the process of screenshotting tweets and uploading them to a different platform can be tedious and tiresome. Fortunately, Twitter is testing a new feature that allows iPhone users to add tweets to Instagram Stories in the blink of an eye.
You can add a tweet to your Instagram Story as long as the tweet you're trying to share is public. That means it must be visible to the general public on Twitter, not something that was posted to a private or protected account. You will also need to be logged in to your Instagram and Twitter accounts on the device you're using. Keep in mind that this method currently only works for some iPhone users at this time.
3. In the menu that appears, underneath the Instagram icon, tap on "Instagram Stories."
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5. You can now interact with the shared tweet as though it is a sticker. You can move it around by tapping and dragging the tweet, or you can resize it by swiping your fingers together or apart.
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How to share a tweet through your Instagram Story on an iPhone - Business Insider India
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Northeast Party House give Cub Sport’s ‘Confessions’ the remix treatment – NME.com
Posted: at 9:53 am
Dance music aficionados Northeast Party House have released a remix of Cub Sports Confessions, from the Brisbane bands latest album Like Nirvana.
The outfit shared their take on the track today (December 30), turning the hazy, candid tune into a dancefloor filler. A faster tempo and thumping bassline replace the sprawling confessional melancholia of the original song, transforming Confessions into a very Northeast Party House-style banger.
Listen to the remix below:
Both acts hinted that something new was on the way in the lead up to the tracks release, with Cub Sport taking to Twitter yesterday (December 29).
Got a surprise for yall at midnight, wrote the band, before replying to a comment with a line from Confessions.
Northeast Party House also took to social media to announce the songs impending arrival, writing uploading a new remix should be up on all streaming services by tomorrow.
Its not the first time the Melbourne electronic outfit have reworked a Cub Sport song either, having released a remix of the Brisbane bands track Break Me Down featuring Mallrat earlier this year.
The new track joins a long line of reworked songs from Northeast Party House. Earlier this week, they created a dedicated Spotify playlist to house them all, which includes their remixes of Polish Clubs Just Talking, Alice Ivys In My Mind, Odette and Hermitudes Feverbreak, Client Liaisons World Of Our Love and The Jungle Giants Feel The Way I Do, among others.
Theyve also hinted that there are a bunch more to come in the new year.
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Northeast Party House give Cub Sport's 'Confessions' the remix treatment - NME.com
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The inspiring journey of Sugandha Thakur – Hindustan Times
Posted: at 9:53 am
The inspiring journey of Sugandha Thakur, a professional anchor, speaks for itself. Just like millions of other aspiring candidates who want to make it big in the TV industry, Sugandha too harboured such a dream in her twinkling eyes.
What followed next was her tremendous success in no timeall thanks to her hard work, flexibility, willingness to learn new things, presentation skills, and of course, creative talents.
Sugandha Thakur was born in Delhi and brought up in Dehradun. Again her life took a 360-degree turn when she came back to Delhi for her higher studies.
She completed her Bachelors and Masters degree from the University of Delhi and the Asian Academy of Film and Television. She was brilliant in her studies and always counted among toppers in her school and college.
At a very young age, Sugandha forayed into the world of corporate shows as an official Emcee as early as 2012. She never looked back since then. With each passing year, she only became more prominent than ever. Be it a show related to Merchant Navy, road safety or a corporate event, Sugandha Thakurs powerful appearance became a talk of the town.
She also shared dais with several well-known Bollywood celebrities like Mika, Sunil Grover, Kailash Kher, Pariniti Chopra, Tiger Shroff, Disha Patani and Yami Gautam, among others, at various events hosted by her.
Sugandha has successfully spearheaded over 1,000 corporate shows and events within her capacity as a corporate presenter. Some of the top brands that collaborated with Sugandha are Dabur, Airtel, Nivea, Chevrolet, Mid-Day, Reliance, HCL, Sony, Samsung and many more.
She has also acted in Sony SabTVs famous sitcom Chidiya Ghar series as an actress. The audience admired her sweet screen presence and acting capabilities too.
Of late, Sugandha has launched her own YouTube channel to motivate the youth with her powerful words and messages. Be it related to making the right career choice, how to come out of depression or even boycotting Chinese goods; she aptly presents her viewpoints lucidly and succinctly.
According to Sugandha, her main motive behind uploading those videos on YouTube is to motivate the youth and rejuvenate their mind. No doubt, her clear-cut perspective on these issues is helping many youngsters to clear their doubts and concerns.
In a nutshell, Sugandha Thakur is a powerhouse of talents with multiple abilities; acting, hosting an event or TV show, writing, or Vlogging. Whatever she does, she does the same flawlessly and meticulously.
Every time Sugandha is hosting an event or gracing a show, one cant overlook the glam factor either! She is cute, chirpy, witty and intelligent. Her powerful presentation skills can make any event a lot more exciting.
Disclaimer: This is a company press release. No HT Group journalist is involved in the creation of this content.
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Gary Shapiro: CES 2021 will have 1,000 virtual exhibits, 150,000 visitors, and 100 programming hours – VentureBeat
Posted: at 9:53 am
CES 2021 is going to be a very different affair. The biggest tech trade show, which typically takes place every January in Las Vegas, has been forced to go digital this year, thanks to the coronavirus.
Normally, CES is a huge physical event with exhibits sprawling across 2.9 million net square feet of space. Last years event attracted 171,268 attendees, including 6,517 members of the media. This year, the online-only event will be smaller, with perhaps 1,000 exhibitors and maybe 150,000 attendees, according to Gary Shapiro, who is CEO of the Consumer Technology Association, which hosts CES. Those numbers are not so bad in many ways, as they would still qualify as a huge digital experience. And more people who never had access to CES will be coming for the first time, boosting the shows international numbers, Shapiro said in an interview. More than 100,000 people are already registered.
But its going to be a weird event. No doubt about that. I spoke with Shapiro about it during our usual preshow interview. He said the CTA had to make some agonizing decisions in the transition to digital, as the big conference or lack of it wont create nearly as many jobs in Las Vegas as in past years. He said his confidence in an in-person event in January 2022 is growing, especially with the progress on vaccines. But the CTA had to shut down the physical side of CES 2021 and announced in July that it would move ahead with the digital-only format for the show, which starts on January 11 and runs for four days. The event will have a media day, as well as 100 hours of programming, albeit with sessions that are shorter than usual. (Im hosting a session on cloud computings progress during the pandemic).
As for hot technologies, Shapiro sees 5G broadband wireless networks taking off, 8K TVs, enterprise technologies, health tech, robotics, augmented reality and virtual reality, and drones. Sorting through it all to find the good stuff will probably be more challenging this year, but thats where the media can help.
On the political and regulatory front, Shapiro sees some black clouds. He thinks regulators are making a mistake in going after the crown jewels of technology companies. He said, Its catnip to the European regulators and others who want to hurt U.S. companies. A lot of U.S. employees, stockholders, pension funds rely on these companies. Theyre keeping the stock market aloft.
Heres an edited transcript of our interview.
Above: Gary Shapiro, CEO of the Consumer Technology Association, at CES 2020.
Image Credit: Dean Takahashi
VentureBeat: How is CES different this year? Its such a big change. How quickly did you have to make the decision to go virtual?
Gary Shapiro: Its so different that I expect we will never have to do it again. Or at least I hope so. Its given us this one-year window opportunity to try amazing things weve always wanted to do. Especially with the vaccine out, my confidence level for 2022 is growing. Weve already started selling that event early. We started in November. Were selling out halls already. There will be a physical event, and we also want to take the best and most effective things weve done digitally. Were calling 2022 a hybrid event.
But for 2021, without worrying about the physical event, weve been focusing exclusively on the digital event since July. We went to a two-track approach beginning in March. We made the announcement, as youre aware, in July, seven months ahead. We did it intentionally early to give everyone an opportunity to plan, so they could think about how they would express themselves in a digital venue, and also frankly so they could save some money. We decided there was no way there would be a widely available vaccine in time for CES, and so we felt the right thing to do was make the announcement and be part of the solution rather than the problem.
VentureBeat: I see youre over 1,000 exhibitors. Thats not as many as usual, but what was key to hanging on to everyone and making sure that some of those folks wouldnt just decide to skip a year?
Shapiro: Every company made its own decision. We offered everyone a refund if they wanted it, or credit toward next year. We were about as generous as we could possibly be. Weve incurred a lot of our own costs. But we did a lot of research early in the year. We were very lucky. We represent the technology industry, which has done very well for the most part. Anyone selling anything to the home, any service, has done well. And our show was in January, before COVID-19 hit the United States. We werent one of these events that had to pivot in three weeks before a cancellation. We had more time to think about it, focus on it, look at other peoples experiences.
Theres a lot of goodwill, because of COVID-19, throughout the business community. People are somewhat forgiving and understanding. But the COVID-19 experiences people have had, where avatars go from physical exhibit to physical exhibit on a screen, that was less than satisfactory for both the people investing in the exhibit and the people investing in attending. We had to do something different. We couldnt find anything off the shelf. We decided the only ones who were doing this right were the tech companies doing their own user events and application events.
Microsoft did an amazing job, and others as well. But they were the ones who had the highest satisfaction rate, the best attendance, and everything else. We have a long relationship with Microsoft, and theyre a member of ours. We decided we could create something and take advantage of the fact that they had Microsoft Teams, take advantage of their cloud. They have phenomenal production studios in Teams. Thats what this is. Its not building an exhibit and they will come. You produce something compelling, essentially a telethon for a few days, video productions, and things like that. Our exhibitors are doing the same. Talking to our keynotes, they get it. A lot of the big companies get it. But we also wanted to offer something to smaller companies, startups. Eureka Park has been phenomenal. Our entry-level offering offers a lot.
Were able to do things weve always wanted to do but weve never been able to do. We wanted to do the LinkedIn of events. When you register, you get the option to share your name with others. Thats already taken off. People are getting in contact, getting emails, linking up already. Before the show even starts, were feeling some satisfaction and success.
Another thing were doing, just about everyone who goes to CES says there isnt enough time to see everything they want to. Were giving show life for another 30 days afterward, where people will be able to see the exhibits, see the conferences, see the keynotes, even communicate with exhibitors if theyre interested and willing. Well also have a live aspect. A lot of the press conferences, 20-some press conferences, will allow Q&A periods for participation.
We want to make sure its still a very qualified audience, though. Thats why were urging press to register early because were afraid that if we get thousands of press trying to register in the last few days, we cant get them into the press conferences. Its the same with regular attendees.
Above: CES 2021 will be all virtual.
Image Credit: Dean Takahashi
VentureBeat: Im happy not to have to wait in line for the Samsung event anymore.
Shapiro: Were accessing some serious bandwidth to make sure peoples needs will be met along those lines. Were getting very significant registration. A lot of it, more than average, is from outside the United States. That serves another need. A lot of people historically want to go to the show from other countries, and they just cant. Now people are just registering. Its very exciting.
We also have the keyword search opportunity. You create your own customized experience, whatever youre interested in. At the same time, we tried to preserve serendipity, discovering things you didnt know about. In addition to relying on journalists, we have four of our own anchors that will be putting out highlights on things coming up. Its 24 hours a day. People access it from all over the world and see what they want to see, whether its in real time or after the show.
VentureBeat: How does the 150,000-attendee estimate come about?
Shapiro: Its our average number weve had the last few years. But we dont know. Its a guesstimate at best. We just dont know. Theres no other way to say it. Everyone expects us to give a number, so we did, but
VentureBeat: I just wondered if it was an indication based on registration so far.
Shapiro: No, the registration only opened less than three weeks ago. Usually, we open registration on September 1. Weve already had 100,000 preregistered in that time, though. Its not an apples to apples comparison, of course. If youre going to CES in a normal year, you have to invest in a hotel and airfare. Were reluctant to make any comparisons. And a lot of people who register early often dont go. Thats the case with any trade show. But what were trying to avoid, like I said, is last-minute registration. Thats a concern of ours.
VentureBeat: It sounds like youre getting a benefit in terms of an international audience, then. People who couldnt have come can attend now.
Shapiro: Every exhibitor gets a certain number of free registrations, but weve also offered our membership registrations. Were also offering the keynotes on social media for anyone. You dont have to be connected with the industry to watch the keynotes.
Above: CES 2020
Image Credit: Dean Takahashi
VentureBeat: Are you not as concerned about programming overlapping because theres the ability to watch later?
Shapiro: Thats still carefully choreographed because people want to watch breaking news live. Well have more than 100 hours of programming, but we dont want to have two drone sessions on at the same time, two of anything like that. I still think people want theres excitement in hearing about it for the first time. Now a lot of the programming may not be live because were dealing with panels and things like that. But certainly, some of it will be.
VentureBeat: I feel badly for Las Vegas itself. It has to be a huge blow.
Shapiro: We did two press conferences this week, one for Asia and the West Coast and one for Europe and the rest of the U.S. The late-night Asia one, they asked me what was most difficult, and I gave a lengthy answer. It was probably too long. But I came back to it later and said that honestly, the toughest thing for us was all the people in Las Vegas who look forward to CES to kick off the year. The calls we made in July before we went public were very difficult. I feel for them so much.
Were still supporting local charities there. Were making contributions to the big Las Vegas food bank and have done other things weve tried in the past to support them. As different and exciting as 2021 may be, were looking forward to a physical CES in 2022. We look forward to seeing people and looking them in the eye. We may still be wearing masks, but Im confident well figure it out one way or another.
VentureBeat: In what other ways has this become more difficult? What are the toughest decisions youve had to make in this transition?
Shapiro: Well, theres the financial impact. Im not going to lie. We had to cut back our spending. Were a smaller staff now. We had to learn new skills. We had to reimagine CES. It was a great exercise, and weve come up with some cool, exciting things that no one else has done before. Were excited about it.
But weve gotten good at producing a large physical event, and there are certain rhythms that were used to. Some things its just an ah-ha moment. For example, we changed the dates of the show. Normally I wouldnt be able to change the dates of the show for eight years from now. I can tell you what theyll be. But five months out, we pushed it forward a week, more into January. A lot of that time is for post-production. People have to be uploading stuff. We felt they needed that extra week after the holidays.
Its different in many, many ways. On the other hand, a lot of the things Im usually worried about at this time of year, Im not worried about them. Wed be talking about how to survey our attendees, journalists, and exhibitors after the show. We dont have to ask about how their trip went, what the hotel was like. The opportunities are huge. Theres a lot of goodwill. But I dont want to oversell it. Youre still sitting at home in front of a screen. Weve had to cut down the time for panels considerably. Usually, its an hour standard, and now its 30 minutes.
Above: AMD CEO Lisa Su shows off a Ryzen 4000 laptop processor at CES 2020.
Image Credit: Dean Takahashi
VentureBeat: Its interesting that you can show how innovation hasnt stopped. Companies are still creating and launching new things.
Shapiro: Its huge. Were talking to companies that are really jazzed up. The keynoters are excited. They have stuff they want to announce. Just today, we announced another keynoter weve never had before, Doug McMillon, the CEO of Walmart. This week, we announced Ann Sarnoff from Warner Media. We have more announcements coming. Getting people to speak and participate is exciting. The live anchor guests will also be interviewing a lot of people who are relevant to the industry. Weve never had that before.
VentureBeat: What categories do you foresee being hot or interesting?
Shapiro: Weve been talking about resilience for a few years. Weve had areas of the show on smart cities. Next-generation television, theres a lot of excitement in broadcasting and more excitement than I expected from TV manufacturers. The TV world has something new, and they want to get it out to the world. People are cord-cutting, and so the over-the-air broadcast crowd, this helps out. Its free, and it can do a lot.
Obviously, 5G is huge. We have the CEO of Verizon, Hans Vestberg. Theres a lot about the 5G infrastructure thats becoming so much more important than anyone realized. We need broadband, and we need it across everything. Mobility, we have Mary Barra from GM. Theres the focus on electric cars and the focus on self-driving. We have the major car companies participating again. If youre an infrastructure supplier in the auto industry, this gives you a real opportunity to shine. Then theres robotics, AR and VR, drones. I have to mention health tech.
Industry sales are up significantly in 2020 because people needed tech for education, for working from home. Theyre buying all sorts of things. Video games are off the charts. All sorts of things have jumped. 5G phones have jumped. 8K televisions hit almost a million units this year, and even more next year. 4K is incredible. Theres so much out there thats had to change because of COVID-19. Companies now have the opportunity to talk about whats different. Every company has something different because of COVID-19. The other side is looking at supply chain issues. Thats become a challenge for companies. But its created new opportunities in sourcing.
Above: Sign at CES 2019.
Image Credit: Dean Takahashi
Theres always more news out there. A lot of people are on pins and needles as to whether the president will put tariffs on products from Vietnam. That one came out of the blue. They were labeled a currency manipulator two years ago, and now there are supposed to be hearings before the end of the year. Who knows? Theres the overhang of the change in administrations, a lot of policies that could happen at the last second.
VentureBeat: We have more of an enterprise focus these days. Do you see much of that at CES?
Shapiro: We definitely do. I talk to a lot of CEOs, and they keep educating me on all the stuff that goes on from an enterprise standpoint. Its a show focused on innovation, and as I say in my opening keynote, people are doing deals at CES across categories, across verticals. Thats why, when we tried to create the digital venues, we talked about how to get those lines out real quickly from one industry and one company to another. Thats what CES is so valuable for. Ive talked to representatives from many different companies in many different industries, and thats what they stress.
If you look at some of the companies we have, huge market leaders from other categories have chosen to use the digital venue. Whether its agriculture or manufacturing, you name it. Its shocking to me, some of the names in there. Leaders in industry.
VentureBeat: Is there anything big on your radar as far as the regulatory front?
Shapiro: If you count litigation, every day theres news about a new company being sued by the government. A lot of our crown jewel companies. Its catnip to the European regulators and others who want to hurt U.S. companies. A lot of U.S. employees, stockholders, pension funds rely on these companies. Theyre keeping the stock market aloft. It seems like a peculiar strategy, to attack our best companies through these vague laws. And to go back with a subpoena request like the FTC has, going back years with these broad requests that cripple companies look what happened to Microsoft when that happened years ago. They stood still for several years. Its not a good idea.
Section 230 is obviously top of mind. Facebook and Google, the neighborhood companies, the ratings companies, all these things we rely on as consumers to figure out where we should eat, what places we should stay in so many things are connected with that. Policymakers are divorced from reality on this one, frankly. Republicans and Democrats are angry at a few companies because they think theyre being mistreated, but theyre oblivious to the fact that most Americans are very happy writing comments and things like that. Companies have done an amazing job like Facebook. To have the State Department evaluating every [political ad placed on a companys social platform] and their politics, whether their political ads are accurate or not its just impossible, what theyre demanding. And it obviously has constitutional ramifications that are absolutely huge.
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How artificial intelligence will be used in 2021 – TechCrunch
Posted: at 9:51 am
Scale AI CEO Alexandr Wang doesnt need a crystal ball to see where artificial intelligence will be used in the future. He just looks at his customer list.
The four-year-old startup, which recently hit a valuation of more than $3.5 billion, got its start supplying autonomous vehicle companies with the labeled data needed to train machine learning models to develop and eventually commercialize robotaxis, self-driving trucks and automated bots used in warehouses and on-demand delivery.
In 2020, that changed as e-commerce, enterprise automation, government, insurance, real estate and robotics companies turned to Scales visual data labeling platform to develop and apply artificial intelligence to their respective businesses. Now, the company is preparing for the customer list to grow and become more varied.
Scale AIs customer list has included an array of autonomous vehicle companies including Alphabet, Voyage, nuTonomy, Embark, Nuro and Zoox. While it began to diversify with additions like Airbnb, DoorDash and Pinterest, there were still sectors that had yet to jump on board. That changed in 2020, Wang said.
Scale began to see incredible use cases of AI within the government as well as enterprise automation, according to Wang. Scale AI began working more closely with government agencies this year and added enterprise automation customers like States Title, a residential real estate company.
Wang also saw an increase in uses around conversational AI, in both consumer and enterprise applications as well as growth in e-commerce as companies sought out ways to use AI to provide personalized recommendations for its customers that were on par with Amazon.
Robotics continued to expand as well in 2020, although it spread to use cases beyond robotaxis, autonomous delivery and self-driving trucks, Wang said.
A lot of the innovations that have happened within the self-driving industry, were starting to see trickle out throughout a lot of other robotics problems, Wang said. And so its been super exciting to see the breadth of AI continue to broaden and serve our ability to support all these use cases.
The wider adoption of AI across industries has been a bit of a slow burn over the past several years as company founders and executives begin to understand what the technology could do for their businesses, Wang said, adding that advancements in natural language processing of text, improved offerings from cloud companies like AWS, Azure and Google Cloud and greater access to datasets helped sustain this trend.
Were finally getting to the point where we can help with computational AI, which has been this thing thats been pitched for forever, he said.
That slow burn heated up with the COVID-19 pandemic, said Wang, noting that interest has been particularly strong within government and enterprise automation as these entities looked for ways to operate more efficiently.
There was this big reckoning, Wang said of 2020 and the effect that COVID-19 had on traditional business enterprises.
If the future is mostly remote with consumers buying online instead of in-person, companies started to ask, How do we start building for that?, according to Wang.
The push for operational efficiency coupled with the capabilities of the technology is only going to accelerate the use of AI for automating processes like mortgage applications or customer loans at banks, Wang said, who noted that outside of the tech world there are industries that still rely on a lot of paper and manual processes.
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How artificial intelligence will be used in 2021 - TechCrunch
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Heres what happened in the world of artificial intelligence in 2020 – The Next Web
Posted: at 9:51 am
The year 2020 was long and treacherous, but the biggest bright spot for me was the official launch of Neural. Thats our AI sub-brand here at TNW and the section youre reading this article in.
More specifically, Neural is me (Tristan Greene), Thomas Macaulay, Ivan Mehta, and the contributors and colleagues who help us put out fresh, original, exciting content in the world of machine learning every day.
It was a tough year to be a reporter but Thomas and Ivan managed to exceed our expectations at every turn with incredible insight and consistent excellence. With that in mind, Im proud to present some of my favorite articles from Tom and Ivan this year.
Between the two of them they covered some of the biggest events, breakthroughs, and stories in the world of machine learning and artificial intelligence. But, more importantly, they provided keen insight and analysis that you wont find anywhere else. And they also adhered to our biggest principal here at Neural: we cover AI for humans (not robots, businesses, or governments).
So, if youll indulge me, heres an Editors Choice list of just a few of the many articles my team published this year.
But first, heres my contribution:
Stories pictured above here and here.
And those are just a small sample of the wonderful work weve put out here at Neural. Check back in with us in 2021 where well continue to bring you news, analysis, and trusted opinions on the world of machine learning and its impact on humans.
Published December 29, 2020 22:00 UTC
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Heres what happened in the world of artificial intelligence in 2020 - The Next Web
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Artificial Intelligence Begins to Realize Its Potential – Nextgov
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In my previous column, I looked at the problem of artificial intelligences forcing hardware to consume too much power, which could lead to an unsustainable spike in demand at data centers in this country by 2025. To test out their appetites for more power, I employed several advanced artificial intelligences, and also their close cousins machine learning, cognitive computing, deep learning and advanced expert system technology. For that column, I only measured how much power they consumed, but my original intention was to actually test them out to show some innovative things the technology was accomplishing. I am circling back to that effort now.
For many years we have been reporting on the technology of artificial intelligence, about how its being built out and made more efficient, or how it can be paired with other technologies like quantum computing to become even more accurate. At the same time, the government has been keenly focused on AI ethics, ensuring that our newly created smart programs and machines dont go rogue or make mistakes that could get people hurt. The Defense Department now follows five ethical principles when using AI, while the intelligence community has its own artificial intelligence ethics guidelines.
There is still a lot of learning to do, but at this point we have pretty much covered the basics in terms of building out smart AIs and related technologies, power consumption issues aside. That is why we are starting to see a lot of interesting reports on projects that make use of AI, like figuring out which fishing boats out in the ocean are using forced labor or planning how we can safely get people to Mars.
These are some of the most interesting AIs that I have collected over the past few months, what they do and how well they perform.
COBOL Colleague
The federal government invested big in the COBOL programming language back in the day. It was designed for business, finance and administrative systems within both private companies and government organizations. Today, however, its not actively used for any new projects, having been replaced by more efficient languages. Most COBOL programming today is used to maintain existing systems written in the language that cant easily be replaced or recoded. The problem is that nobody is learning how to code in COBOL anymore, and most programmers that already know it have retired.
That is where Colorado-based startup Phase Change Software and their COBOL Colleague AI comes into play. Instead of trying to teach COBOL to modern programmers, it scans existing programs written in the language for vulnerabilities and problems, and zeros in on exactly what lines need to be fixed.
There is certainly a skills shortage, however, the real problem is that the knowledge of the application is disappearing, said Steve Brothers, COO of Phase Change Software.
Deploying an AI to look at code is almost like hiring a skilled human programmer. In the case of COBOL Colleague, it wont make changes to the code on its own but will show where any changes are needed. Then skilled programmers, even if they are not totally familiar with COBOL, can make the necessary fixes.
ToxMod
ToxMod is an interesting artificial intelligence made by Modulate Inc, a company that specializes in innovative AI. ToxMod is designed to regulate live comments in voice chat rooms and is able to distinguish subtle differences between, say, someone using an explicative in frustration, and someone using it as an attack or as part of a hateful tirade. To give ToxMod a real workout, its being deployed in the ultimate toxic environment, the chat rooms of video games.
Since ToxMod can differentiate something like honest frustration expressed in a toxic way from malicious intent, it can also advise matchmaking or reputation algorithms to improve the player experience, said Carter Huffman, Co-Founder and CTO of Modulate. Additionally, each games private ToxMod instances learn over time about their communitys specifics, on top of ToxMods universal core algorithms which evolve and improve automatically behind the scenes.
ToxMod can listen to and understand emotions, volume, inflections and other factors to determine if speech should be flagged. If hateful speech is detected, site moderators are alerted along with an audio clip to back up the AIs claim. This will let moderators check the AIs work while identifying bad actors and preemptively resolving a problem before it grows into something more serious.
The Test
This last one is mostly just for fun, but I was so impressed that I felt like I needed to include it here. The Test is, on the surface, a series of three games available for less than $2 each on the Steam gaming platform. The games are kind of bizarre in nature. Players sit in front of a demonic-like figure at his desk and are asked a series of very personal questions. The questions consist of typical personality type questions like If you found money on the street and knew who it belonged to, would you return it? But there are also a series of very strange scenarios and off-the-wall questions like if you were starving at home would you eat your pets, if pink is a prettier color than red, or if would you stop a zombie apocalypse if you could.
Behind the scenes, developer Randumb Studios is likely using an expert system as opposed to a true AI to track results and prepare advice for players. The questions were so strange that I really didnt think much of it, though I did try and answer honestly. But the final results, especially for the second game, really floored me.
It told me that I was working too hard and that I needed to take some time to recharge my batteries because I was not doing anyone any good if I was spread so thin that nobody was getting my best. It advised me to allocate two units of personal time for every one unit I spent working for others, which would be a key to both my happiness and success moving forward.
The strange thing is that I was really thinking about this exact same thing over the past two weeks, especially with the holidays approaching. I was worried about burnout and keeping a good work and life balance, and had spent quite a few evenings contemplating that exact topic. But I never told the game this, and dont see how its bizarre questions led it to that conclusion.
I guess that is the magic of expert systems. Its why those little 20-questions toys that ask you yes and no questions can always guess the song or the movie star that you are thinking about. But the leap that The Test made with me was a lot bigger than that. I still dont know how they did it, but am very impressed with the results.
The really amazing thing is that we are really just scratching the surface about what AI can do. In the near future, even the projects highlighted here will seem trivial compared to what is possible.
John Breeden II is an award-winning journalist and reviewer with over 20 years of experience covering technology. He is the CEO of the Tech Writers Bureau, a group that creates technological thought leadership content for organizations of all sizes. Twitter: @LabGuys
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Here’s Why This Hot Artificial Intelligence IPO Stock Isn’t Worth Buying – Motley Fool
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C3.ai (NYSE:AI) was one of the hottest tech IPOs of 2020. The enterprise artificial intelligence company priced its IPO at $42 a share on Dec. 8, but the stock opened at $100 the following day and subsequently surged to about $140.
C3.ai raised $651 million in its IPO, and it now has a market cap of about $13.4 billion, or 85 times its fiscal 2020 revenue. That frothy valuation indicates investors are still thrilled about C3.ai's growth prospects -- but the bulls are ignoring some obvious weaknesses, and pricing too much growth into this high-flying stock.
C3.ai's founder and CEO is Thomas Siebel, who previously co-founded Siebel Systems, the enterprise software company Oracle (NYSE:ORCL) acquired for $5.85 billion in2006.
Image source: Getty Images.
Siebel founded C3.ai in 2009. The company initially offered its cloud-based AI tools to energy companies, but it now serves a wide range of organizations across the commercial, industrial, and government sectors.
C3.ai's top customers include the machinery maker Caterpillar, the oil and gas services giant Baker Hughes (NYSE:BKR), and the European energy company Engie (OTC:ENGIY). It notably generated 36% of its revenue from Baker Hughes and Engie in fiscal 2020, which ended in April.
These organizations all use C3.ai's software to streamline their operations, cut costs, and make data-driven decisions. Its software helps Caterpillar optimize its inventories, Baker Hughes streamline its maintenance routines, and Engie modernize its energy infrastructure.
C3.ai expands via a "lighthouse" strategy, in which it secures a top "lighthouse" customer in a sector to attract its industry peers. These lighthouse customers include 3M, Royal Dutch Shell, and the U.S. Air Force.
C3.ai generated 86% of its revenue from subscriptions and the rest from professional services last year. Its revenue rose 88% in 2018, 48% in 2019, and another 71% to $157 million in fiscal 2020. But in the first quarter of 2021, its revenue only rose 16% year over year to $40.5 million as COVID-19 disruptions throttled its growth.
Image source: Getty Images.
C3.ai says it generates "uncommonly high" contract values, thanks to the "high-value outcomes" its AI tools produce. As a result, its average contract was worth $12.1 million in fiscal 2020, which the company calls a "high-water mark for the applications software industry."
C3.ai tries to grow its revenue per customer with a "land and expand" strategy, wherein it locks in customers with a smaller contract, then signs them onto additional contracts. Its initial contract is worth about $13 million, but it believes it can boost that figure to $39 million via additional contracts. Its average contract lasts for about three years.
But like many other cloud service companies, C3.ai is unprofitable. Its net losses widened over the past three years, and it ended 2020 with a net loss of $69.4 million -- compared to a loss of $33.3 million in 2019. It generated a slim profit of $150,000 in the first quarter of 2021, due to lower operating costs during the pandemic, but it probably won't stay in the black for the rest of the year.
C3.ai's customer concentration is a major risk, and it could still face competition from public cloud leaders like Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft (NASDAQ:MSFT) Azure, even though it classifies these tech giants as technological partners.
C3.ai's AI services run on top of AWS, Azure, and other cloud platforms -- but AWS and Azure also offer their own integrated AI services. C3.ai claims its services are cheaper, more efficient, and more customizable than those integrated AI solutions, but Amazon and Microsoft could still develop new AI services to compete against C3.ai in the future.
C3.ai has a promising business model, and it could have plenty of room to grow. It estimates the total addressable market for AI tools will grow from $174 billion in 2020 to $271 billion in 2024 -- and its "land and expand" strategy could boost the average values of its contracts as that market grows.
Unfortunately, C3.ai's stock is simply too hot to handle at 85 times last year's sales. Even if it doubles its revenue this year, it would still be pricier than other bubbly tech stocks like Palantir and JFrog -- which both trade at roughly 30 times next year's sales.
I'd consider buying C3.ai's stock if a market crash cuts its price in half, but there's far too much optimism baked in at these prices. The market's near-term momentum might carry it slightly higher, but I'm not interested in paying the wrong price for the right company.
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Recommendations by Artificial Intelligence vs Humans: Who will win? – Analytics Insight
Posted: at 9:51 am
The usage of recommendation engines is growin in consumer services. Be it Spotify, Netflix, or Amazon; brands are leveraging artificial intelligence-based recommendation systems to provide more personalized services and enhance user experience. Apps like Google Maps and UBER also rely on AI to provide accurate directions and estimated travel time, respectively. So, it is obvious that many of us depend on AI to make numerous daily life decisions. However, will artificial intelligence-based recommendations pass the litmus test when fared against human recommendations, against the backdrop of concerns against it?
A person or machine makes a recommendation after learning their preferences. Basically, after filtering through varied information, suggestions are made by tailoring data to users interests, preferences, or behavioral history on an item.
There are several instances when artificial intelligence has been alleged as biased when making a suggestion or recommendation. For instance, few years ago, Reuters reported that the e-commerce giant Amazon.com Incssecret AI recruiting tool showed bias against women. The software penalized applicants who attended all-womens colleges, as well as any resumes that contained the word womens. Bias has also been observed in facial recognition algorithms that tend to misidentify people due to their gender or race. These biases may have existed because of the presence of bias in the training dataset or faulty programming. This also brings us to another major concern regarding artificial intelligence, i.e. the black box problem.
Though it is argued that AI-based decisions tend to be logical and adheres specified set of rules, we arent sure of how those decisions are made. Fortunately, to counter this, researchers have proposed Explainable AI (XAI), fine-tuning, unmasking AI, and more. Addressing the black box issue is important to understand the cause of the mistake or bias, or decision made by artificial intelligence models, boost transparency, and tweak it later. Recently researchers at Duke University proposed a method that targets reasoning process behind the AI predictions and recommendations.
When pitted against recommendations by humans, AI need not necessarily always have a win-win situation. It is true that data-driven recommendationsare always preferred; however, the preferences to accept humans and artificial intelligence based recommendations differ with respect to situation and use case. It all stems from the word-of-machine effect.
Recently, an article on When Do We Trust AIs Recommendations More Than Peoples? by University of Virginias Darden Business School Professor Luca Cian and Boston Universitys Questrom School of Business Professor Chiara Longoni, was published in the Harvard Business Review. In the article, they explained this phenomena asa widespread belief that AI systems are more competent than humans in dispensing advice when utilitarian qualities are desired and are less competent when the hedonic qualities are desired.
The article authors clarify that, it doesnt imply that artificial intelligence is competent than humans at assessing and evaluating hedonic attributes nor are humans in the case of utilitarian attributes. As per their experiment results, suppose someone is focused on utilitarian and functional qualities, from a marketers perspective, the word of a machine is more effective than the word of human recommenders. For someone focused on experiential and sensory qualities, human recommenders are more effective.
Out of one of the 10 studies by Cian and Longoni, one study involved recruiting 144 participants from the University of Virginia campus and informing them about testing chocolate-cake recipes for a local bakery. During the experiment, the participants were offered two options: one cake created with ingredients selected by an AI chocolatier and one created with ingredients selected by a human chocolatier. Both cakes were identical in appearance and ingredients. Participants were asked to eat the cakes and rate them on the basis of two experiential/sensory features (indulgent taste and aroma, pleasantness to the senses) and two utilitarian/functional attributes (beneficial chemical properties and healthiness). It was observed that while participants found the AI recommended cake less tasty than human recommended one, yet it was healthier than the other.
Longoni and Cian also assert that consumers will embrace artificial intelligence recommendations if they believe a human was part of the recommendation process.
The human brain has an edge over AI for its cognitive skills. It acquires knowledge and improves reasoning by learning from experience, abstract concepts, several cognitive processes, and more, its ability to manipulate ones environment. Whereas, artificial intelligence models try to mimic human intelligence by following certain program rules and continuous self-learning (machine learning). Regardless of their learning method, both are capable of giving good and bad recommendations. Second, people nowadays are slowly starting to trust AI. Independent surveys have found that people may opt for AI for higher flexibility and control. Respondents believe that the relationship between humans and AI and trust will likely improve in the future, given that AI proves itself safe, and transparent.
As recommendations become an effective marketing tool, developers and marketers have to be careful in leveraging artificial intelligence algorithms. They can program the AI system to identify what the customer is actually looking for, before making any suggestion. As AI becomes more tangible than ever, its ability to offer recommendations that are unique and personal in nature will increase too. It is true that currently, AI lacks quick thinking, creativity and other attributes associated with human intelligence, but with innovations around the clock, who knows what AI will be capable of in the future. At the same time, humans and AI can live in a symbiotic or collaborative relation to avail of each others benefits.
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Analytics Insight is an influential platform dedicated to insights, trends, and opinions from the world of data-driven technologies. It monitors developments, recognition, and achievements made by Artificial Intelligence, Big Data and Analytics companies across the globe.
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