AI Gets Real in Professional Services

As AI technologies become integrated into the audit workflow, auditors are developing a level of speed and accuracy that would have been considered superhuman less than a decade ago. This is enabling them to focus more time and energy on higher risk parts of the audit — the ones that expose them to much higher…

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As facial recognition software becomes more ubiquitous, some governments slam on the brakes

Local and city governments around the country are tacking the use of facial recognition software with varying results. In 2017, Vermont disallowed the search of its driver’s license databases by facial recognition after it became clear the program was illegal under state law. The Seattle Police Department, working with the American Civil Liberties Union of…

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Higher Education Institutions in Asia Pacific Stand to Double the Rate of Innovation with Artificial Intelligence

Microsoft Asia and IDC Asia/Pacific today unveiled the latest findings for the study, “Future-Ready Skills: Assessing APAC Education Sector’s Use of AI” to Education leaders at the Asian Summit on Education and Skills (ASES). Institutions that have implemented AI in their processes expect to see close to 4 times increased funding by 2021. Source: Business…

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Machine Learning in Big Box Retail – Walmart, Target, and Costco

Big Box Retail is utilizing machine learning to relay information about products, shopping behavior, and forecasting demand. The Intelligent Retail Lab is a Walmart store equipped with thousands of cameras that relay information about the stock or condition of products as well as customer shopping behavior. Target has worked on a machine learning algorithm to…

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AI 101: What is artificial intelligence and where is it going?

The Seattle Times provides a cheat sheet on the basic terms surrounding AI and the history of robots. Over the coming months, the Seattle Times will explore the social and economic effects of AI by examining regulation of the technology, privacy concerns and the changing landscape of labor in the AI Age. Source: Seattle Times

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New OFPP administrator seeks to reduce risks of federal contracting through AI, robotics

Michael Wooten, the 15th administrator of the Office of Federal Procurement Policy, wants to focus on using Artificial Intelligence, Machine Learning, and/or Robotic Processing automation to reduce some of the risks that are inherent in contracting. Speaking at the FedInsider event on IT modernization, Wooten said, “I think the leverage of AI into doing those…

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Andrew Yang’s pledge to protect voters from automation is hitting home

Yang’s message to provide $1,000 a month universal basic hitting home is resonating with voters. Yang’s position isn’t that automation is a menace on the horizon, it’s that automation is here and people need help now. Source: Venture Beat

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New MIT Report on AI and the “Work of the Future”

MIT’s 2019 report on the Work of the Future found that automation will have a profound effect on how people work but inequality and job loss are not inevitable byproducts. According to MIT Sloan professor Thomas W. Malone, director of the MIT Center for Collective Intelligence, both hype about AI’s immediate potential and fear about…

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Gen Z Is Already Afraid Automation Will Eat Their Jobs

Just about everyone, it turns out, is afraid that automation is going to erase their jobs, even the youngest. A survey of 500 18- to 23-year-olds (Generation Z) conducted by Lucid Research found that the majority (57 percent) are worried automation will negatively impact their jobs, and about a quarter of them said that they…

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Opinion: Why American Workers Need to Be Protected From Automation

Presidential candidate and New York City Mayor Bill de Blasio is calling for a robot tax for corporations displacing humans, and creating a federal agency to oversee automation. Mayor de Blasio’s proposed agency – the Federal Automation and Worker Protection Agency (FAWPA) – would create a permitting process for any company seeking to increase automation…

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