Josh Tyrangiel

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How AI could revolutionize banking and eliminate much of the risk

Fun fact: What appears to be one of the earliest uses of the iconic eye-rolling phrase “What could possibly go wrong?” is in Matilda Mary Pollard’s 1882 novel, “Cora: Three Years of a Girl’s Life”. Don’t worry, that’s the fact part. The fun part is the rest of Pollard’s sentence: “What could possibly go wrong in a flourishing concern like the Brixleigh Bank?”

The joke endures because for hundreds of years the answer has been exactly the same. Banks are dull. Bankers don’t like being dull, so they unbutton the collar, take too many risks and — splat! — financial crisis.…  Seguir leyendo »

DEEP Robotics' X30 robot dog walks down steps in Hangzhou, China, on Sept. 22. (Philip Fong/AFP/Getty Images)

Manuela Veloso is one of the world’s most renowned roboticists, artificial-intelligence researchers and hand talkers. Born and raised in Portugal, Veloso has spent most of the past 40 years lecturing to packed halls. When she’s really feeling one of her greatest hits — the creation of her robot soccer team, the eternal mysteries of AI — she puts her whole body into it, like the Tina Turner of computer science.

Today, Veloso is telling a eureka story. In 2010, she and her fellow researchers were working on robots designed to navigate their way across the campus of Carnegie Mellon University. “Literally, there was always a problem”, says Veloso.…  Seguir leyendo »