The #AIEye: IBM (NYSE: $IBM) Extends Partnership with VMWare (NYSE: $VMW), Avnet (Nasdaq: $AVT) Enables IoT Leveraging with Azure-Powered Edge Module

The #AIEye: IBM (NYSE: $IBM) Extends Partnership with VMWare (NYSE: $VMW), Avnet (Nasdaq: $AVT) Enables IoT Leveraging with Azure-Powered Edge Module

Global #AI in Transportation Market to Reach $12.84 Billion by 2026

Point Roberts WA, Vancouver BC – November 5, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2019/110519-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11051AIEye-IBM-VMW-AVT.asp

Hear the Ai Eye on Spotify  

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NYSE:IBM) (NYSE:VMW) (NasdaqGS:AVT) (NasdaqGS:MSFT) (NYSE:NIO) (NasdaqGS:INTC)

IBM (NYSE:IBM) has extended its partnership with VMWare, Inc. (NYSE:VMW) to accelerate hybrid cloud innovation and adoption across global enterprises. Ajay Patel, senior vice president and general manager, Cloud Provider Software business unit, VMware, commented:

"We have helped thousands of large global enterprise customers migrate tens of thousands of mission-critical workloads to the cloud and operate them at scale. Once in the IBM Cloud, these customers can transform applications in ways not possible by simply running them on-prem, taking advantage of a rich set of cloud-native services for application development, AI/ML, machine learning and IoT."

Avnet, Inc. (NasdaqGS:AVT) is enabling enterprise customers to leverage IoT capabilities with its new wireless edge module, Avnet Guardian 100, powered Azure Sphere from Microsoft (NasdaqGS:MSFT). According to the press release, “Avnet Guardian 100 can be deployed in scenarios where existing connectivity falls short of enterprise-level security requirements” and allows businesses to “gain critical insights with real-time analytics and AI”.

Chinese electric vehicle company NIO Inc. (NYSE:NIO) has announced a strategic collaboration with Mobileye, a developer of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving and part of Intel Corporation (NasdaqGS:INTC). The collaboration will see NIO engineer and manufacture a self-driving system designed by Mobileye. William Li, founder, chairman and chief executive officer of NIO, commented:

“At NIO, we pride ourselves on our pursuit of innovation and cutting-edge technology, which not only strengthens our product competitiveness but also shapes a joyful lifestyle for our users. We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”

Global AI in Transportation Market to Reach $12.84 Billion by 2026

A report from Maximize Market Research finds that the global AI in Transportation market will grow from $2.57 billion in 2017 to $12.84 billion by 2026 with a compound annual growth rate (CAGR) of 22.28 percent in the forecast period. An excerpt from the report summary reads:

Major driving factors of the Artificial Intelligence (AI) in Transportation Market are the transportation problems are the rising system behaviour with difficult to model according to a predictable pattern, affecting by things like traffic, human errors, or accidents.

In such cases, the unpredictability can be aided by AI. Safety when traveling by transport in urban areas is improved by tracking crime data in real time. The road freight transport system is utilizing accurate prediction methods to forecast their volume using AI methods. several decision-making tools for transport are designed and run by AI. Costs of labour in this sector will continually decrease with increased use of AI, providing higher profits for industry players. Funding and Budgeting will act as a restraint to the market.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI  Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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Flying High with #Drone Stocks - from Commercial to #Military Markets (CSE: $DFLY.C) (TSXV: $FLT.V) (OTC: $TAKOF), (NASDAQ: $FLIR), (NASDAQ: $AMZN)

Flying High with #Drone Stocks - from Commercial to #Military Markets (CSE: $DFLY.C) (TSXV: $FLT.V) (OTC: $TAKOF), (NASDAQ: $FLIR), (NASDAQ: $AMZN)

Point Roberts WA, Delta BC – November 5, 2019 - Investorideas.com, a leading investor news resource covering drone and unmanned aerial vehicle (UAV) stocks releases a sector snapshot reporting on the growth in the drone technology market from commercial to military and how UAV leaders like Draganfly Inc., (CSE: DFLY) are flying high with the drone revolution.

Read this in full at https://www.investorideas.com/news/2019/technology/11051Drones-Commercial-Military.asp

How big is the opportunity? According to PwC's study on the commercial applications of drone technology, the emerging global market for business services using drones is valued at over $127 bn. Experts are predicting a sky full of drones for delivery services in the future as Amazon, CVS and other pharmacies ramp up their programs.

Drone stocks are being watched by astute investors, and IBD recently issued an analysis of the top drone stocks across the industry from defense to commercial, based on IBD Composite Ratings. According to the October article, “Drone stocks saw a major milestone recently. In early October, UPS (NYSE: UPS) received FAA approval to operate drones and made a delivery that marked the first revenue-generating flight that went beyond line of sight.”

New to investors following the space is Saskatoon based Draganfly Inc. (CSE: DFLY), a creator of quality, cutting-edge, unmanned vehicle systems and software. Draganfly is making its debut in public markets and commenced trading on the CSE today, November 5th, 2019. 

According to the Company, “Direct sales efforts are focused in Public Safety/Paramilitary (law enforcement & security) organizations but Draganflyers are also sold to Commercial Surveying and Commercial Mapping organizations. Additionally, we have been asked to develop products and services in Agriculture, Media and Broadcasting, Infrastructure, and Industrial applications.”

Although Draganfly is new to public markets, it has a long history in the sector.  Draganfly is a twenty year old world leader in the UAV market and brings with it a legacy of ‘firsts’ including:

·        first public safety UAV to shoot aerial photos documenting a manned aircraft accident in an urban area

·        first UAV operated by a public safety organization flown at night to locate and save a life

·        first UAV helicopter to be granted a county wide U.S. FAA COA

·        and recently named as a test platform at one of the U.S. FAA’s certified test sites

Announcing the listing, Cameron Chell, Chairman and CEO stated “Draganfly is the world’s oldest operating drone company and one of the early developers of the quadcopter. Draganfly today remains a leading drone solutions innovator and with the definitive government and industry shift to utilize North American unmanned vehicle systems and software, Draganfly is in the right place at the right time to establish itself as the cornerstone North American industry player.”

From the news: With the completion of a $7 million equity raise, the company is in a strong working capital position to execute its business plan and is well positioned to pursue further opportunities in the drone sector. The Company’s products are 100% manufactured in North America, with more than 9,000 drones sold, and with 18 patents in its portfolio and 6 more pending in the application stage, the Company has one of the most significant portfolios of intellectual property in the sector and will continue to expand its intellectual property docket.

Founded in 1998, Draganfly is recognized as one of the first commercial multi-rotor manufacturers and has a legacy for its innovation and superior customer service. Draganfly has sold products and services to over 50 countries. To date, Draganfly, has sold over 9,000 of its drones for multitudes of applications around the world. Zenon Dragan is the founder of Draganfly, and is a recognized leading expert on UAVs. Draganfly is positioning itself as an integrated solutions provider to the UAV industry.

Draganfly introduced its first systems in 1999 and has since evolved and shaped the UAV industry. The company’s aircrafts are widely used by public safety agencies worldwide and were one of the first UAVs to receive a Federal Aviation Administration (“FAA”) Certificate of Approval the fall of 2009 with the Mesa County Colorado Sheriff’s Office. In 2012, the Royal Canadian Mounted Police (“RCMP”) flew one of the company’s drones to locate and save the life of an accident victim. The RCMP system is on permanent display at the Smithsonian National Air and Space Museum.

Watch the Draganfly video:  https://www.youtube.com/watch?v=RUFlpWkoDik&feature=youtu.be

Another relatively smaller player in the mix with some of the giants in the sector is Toronto based Drone Delivery Canada Corp. (TSXV: FLT) (OTC: TAKOF), a drone technology company focused on the design, development and implementation of its proprietary logistics software platform using drones. 

The Company recently announced that with the assistance of its sales agent, Air Canada, DDC has entered into a commercial agreement dated October 28, 2019 with the Edmonton Regional Airports Authority ("ERAA"), operating Edmonton International Airport ("EIA") and Villeneuve Airport  for the purpose of establishing the world's first airport drone delivery hub, at Edmonton International Airport using DDC's proprietary drone delivery platform.

DDC and ERAA will build out flight routes from EIA using DDC's DroneSpot takeoff and landing zones utilizing DDC's drone flight infrastructure. Leveraging ERAA's expertise in airport operations, DDC and ERAA will implement, promote and market DDC's drone delivery services in this controlled airspace to a multitude of new and existing customers. All operations will be conducted in accordance with the Canadian Aviation Regulations and Transport Canada flight authorizations and shall be subject to DDC obtaining all required regulatory approvals.

"With ERAA, we will develop a drone logistics network centered at this world-class airport as a hub for numerous drone routes for our customers. We will continue to work with ERAA and Transport Canada to define particular routes, and with ERAA and Air Canada to negotiate revenue metrics and other commercial terms, to be announced in future press releases. Given the potential size and scope of this disruptive offering, revenue outlook could be significant while concurrently bringing tremendous logistical benefits to the region", said Michael Zahra, President & CEO of DDC.  "To all our stakeholders, I am pleased to report that we will be working closely with EIA to further our current expertise in operating at a major airport in controlled airspace to monetize similar opportunities globally."

The initial term of the agreement is five years with additional successive one-year terms to follow unless the Agreement is formally terminated.

"EIA is proud to partner with industry leader DDC to establish Canada's first airport drone delivery site and drastically modernize cargo logistics and supply chain solutions. Together with our long-standing partnership with Air Canada, we look forward to expanding DDC's network of customers at EIA's Airport City, the Edmonton Metropolitan Region, and other strategic partners. DDC's DroneSpot at EIA elevates intermodal connectivity to support the growing E-Commerce, Pharmaceuticals, Courier and Oil & Gas sectors. Thanks to our partners like NAV Canada and Transport Canada, our airport is leading in embracing innovation," said Myron Keehn, EIA VP of Air Service and Commercial Development.

FLIR Systems, Inc. (NASDAQ: FLIR), a world leader in the design, manufacture, and marketing of intelligent sensing technologies, recently announced their financial results for the third quarter ended September 30, 2019.

Third quarter 2019 revenue was $471.2 million, 8.4% higher than third quarter 2018 revenue of $434.9 million. Organic revenue growth was 2.5%, which excludes revenue from acquisitions within the last twelve months. Third quarter total bookings increased 13.0% from the third quarter of 2018 to $495.3 million, driven primarily by a contract with a prime defense manufacturer in the Industrial Business Unit, along with numerous smart city and industrial wins in the Commercial and Industrial Business Units. At the end of the third quarter total 12-month current backlog stood at $668 million, an increase of 13.0% compared to the balance at the end of the third quarter 2018. Similarly, total backlog at the end of the third quarter increased 16.7% to $810 million over the same period.

The Commercial Business Unit revenues totaled $81.3 million, down 5.3% from the prior year. Revenues were adversely affected by foreign exchange effects as well as lower customer demand in the Maritime business primarily related to macroeconomic conditions.

Partially offsetting this decline was strong growth in the Intelligent Transportation Systems (ITS) business. Third quarter operating income of $7.6 million and operating margin of 9.3% decreased 27.5% and 286 basis points year-over-year, respectively. This decrease was primarily driven by revenue declines in the Maritime and Outdoor and Tactical Systems (OTS) businesses due to weaker end-markets impacted by geopolitical and macroeconomic factors, as well as the impact from foreign currency exchange and U.S. import tariffs.

Commenting on FLIR’s third quarter results, Jim Cannon, President and Chief Executive Officer said, “Overall, FLIR’s third quarter results were somewhat mixed. I am pleased with the performance of the Government & Defense Business Unit, which delivered franchise program awards, solid organic revenue growth augmented by recent successful acquisitions, as well as improving organic operating margins. We also continue to build momentum in the Industrial Business Unit which generated strong bookings in the quarter along with expanding operating margins. However, several product lines within our Commercial Business Unit continue to face headwinds and some key end-markets served by the Commercial Business Unit were negatively impacted by geopolitical and macroeconomic factors. While consolidated earnings were in-line with our expectations and cash flow from operations was very strong, I am not satisfied with FLIR’s third quarter revenue performance.”

Mr. Cannon continued, “Based on our year-to-date results and outlook for the fourth quarter, we are slightly reducing full-year revenue expectations. However, year-to-date total bookings are up 13.5% and total backlog is up 16.7% from a year ago, bolstered by important franchise program wins, providing us with a long runway for growth. We remain very confident in our long term strategy and continue to believe that FLIR is poised to deliver profitable growth in the quarters and years ahead.”

Amazon.com, Inc. (NASDAQ: AMZN), who recently announced their financial results for third quarter ended September 30, 2019, is becoming a potentially game changing player in the drone and delivery market.

 “We are ramping up to make our 25th holiday season the best ever for Prime customers — with millions of products available for free one-day delivery,” said Amazon CEO, Jeff Bezos in a statement. “Customers love the transition of Prime from two days to one day — they’ve already ordered billions of items with free one-day delivery this year. It’s a big investment, and it’s the right long-term decision for customers. And although it’s counterintuitive, the fastest delivery speeds generate the least carbon emissions because these products ship from fulfillment centers very close to the customer — it simply becomes impractical to use air or long ground routes. Huge thanks to all the teams helping deliver for customers this holiday.”

A recent news article discussed Amazon’s evolving drone/delivery plans stating, “The company announced earlier this year that it would start testing a shift from Prime two-day shipping to one-day shipping. That’s on top of its existing services like Prime Now, which offers same-day shipping of certain products in certain markets, and Whole Foods grocery delivery, among many others spanning food and household item delivery. The company has also been aggressively building out its contract delivery service, Amazon Flex, and even started exploring robotic ground delivery. Drones for package delivery by air are also still in the works.”

More and more consumers and businesses are becoming reliant on the unmanned vehicles sector for their delivery needs and as drone software and technology continues to improve and drop in cost, their seems to be little slowing for this segment. Just like the UPS delivery, the opportunities for the sector potentially are “beyond the line of sight.” 

For a list of drone stocks and other defense stocks visit Investorideas.com directory

https://www.investorideas.com/Companies/HomelandDefense/Stock_List.asp 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining,  the AI Eye .

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring DFLY is a paid for news release on Investorideas.com – third party (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:

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The #AIEye: Microsoft (Nasdaq: $MSFT) Rebrands ‘Flow’ as ‘Power Automate’ with Additional Capabilities and HPE (NYSE: $HPE) Combines Offering to Allow Cloud Advances

The #AIEye: Microsoft (Nasdaq: $MSFT) Rebrands ‘Flow’ as ‘Power Automate’ with Additional Capabilities and HPE (NYSE: $HPE) Combines Offering to Allow Cloud Advances

Industrial Automation Market to Hit $296.7 Billion by 2026

Point Roberts WA, Vancouver BC – November 4, 2019  – Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence.

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2019/110419-AI-Eye.mp3

Read this in full at https://www.investorideas.com/news/2019/artificial-intelligence/11041AIEye-MSFT-HPE.asp

Hear the Ai Eye on Spotify  

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

Stocks discussed: (NasdaqGS:MSFT) (NYSE:HPE)

Microsoft (NasdaqGS:MSFT) has rebranded its workflow automation software Flow as Power Automate, with additional robotic process automation (RPA) capabilities and virtual agents, according to VentureBeat. Charles Lamanna, CVP at Microsoft, told VentureBeat:

“You’ll be able to create a chatbot that can work inside of Teams, in a Facebook Group, [and] text message, as well as in a little control that you can embed in your application. You’ll be able to build entire experiences by clicking and dragging and dropping, without having to write any code.”

Microsoft has also partnered with FortressIQ, leveraging the latter’s computer vision, machine learning, and AI-powered platform that “will deliver the ability to programmatically create a flow or UI flow directly from within their service”. Pankaj Chowdhry, CEO and Founder, FortressIQ, commented:

“Microsoft’s RPA offering is a game-changer. We’re thrilled to be partnering with Microsoft to combine RPA and Power Automate with Fortress IQ’s AI-powered Process Discovery platform to significantly accelerate the path to and multiply the impact from automation.”

Hewlett Packard Enterprise Company (NYSE:HPE) has announced combined intelligence and composability offerings through the integration of its “artificial intelligence (AI) and machine learning-driven HPE Primera storage platform with the composability in HPE Synergy and HPE Composable Rack. According to the press release, this development will enable “customers to deliver services on an intelligent cloud platform, offering the flexibility to support any application and service level agreement (SLA) with cloud-like agility, extreme resiliency, and seamless scalability”. Mat Mathews, VP and GM, Composable Networking, HPE, said:

“Customers want more than table stakes software-driven automation, and only HPE offers the combination of software- and intelligence-driven automation in a composable solution, transforming on-premises infrastructure to be more cloudlike.”

Industrial Automation Market to Hit $296.7 Billion by 2026

A report from Fortune Business Insights finds that the global Industrial Automation market will grow from $157.05 billion in 2018 to $296.70 billion by 2026 with a compound annual growth rate (CAGR) of 8.4 percent in the forecast period. The report identifies AI and Industry 4.0 as a key driver in the market. An excerpt reads:

The increasing adoption of technologies such as industrial 4.0, artificial intelligence (AI) based smart robots, IoT, and others, helps to reduce the manufacturing cost and offer enhanced quality and reliability to the product. These factors are very important for companies to withstand a leading position in the competitive market. Key players are focused on mergers and collaboration to discover new opportunities by adopting IoT technologies.

Sam Mowers, Investorideas.com

Read and hear other editions of the AI  Eye

For a list of artificial intelligence stocks on Investorideas.com visit here or become an Investor Ideas member

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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The Benefits and Disadvantages of #AI - Are Computers Taking Over? @GbtTechnologies

The Benefits and Disadvantages of #AI - Are Computers Taking Over? @GbtTechnologies

November 4, 2019 (Investorideas.com Newswire) Lately, as new technologies emerge and eventually converse with each other, a growing awareness and concern has taken over tech developers and company chiefs since the fact that artificial intelligence is here to stay and there is no way of stopping it, or is there?

Let’s take a look at the good AI is bringing for us before we acknowledge what worries the tech community and perhaps the entire society.

Read this in full at https://www.investorideas.com/news/2019/technology/11041AI-Benefits-Disadvantages.asp

Artificial Intelligence is outgrowing itself rapidly each day, from self-driving cars or autonomous super computers like Watson, they can make the best out of any task they are programmed to take care of. Created by humans to make things “faster, better, stronger” , artificial intelligence is about making building machines that can think and act intelligently, and learn from it.

At this moment, most applications are created and used for the benefit of mankind with tools such as transport, facial recognition, natural language processing or internet searches that make our lives easier and more secure every day. Soon AI will be authorized and able to operate in matters of law, jurisdiction, devices and programs will take care of your information, computer crashes, transactions, etc., all of it for the benefit of you and your loved ones. And that’s ok.

The impact that Amazon, Google, Recurrent.ai, Wai Yun AI, and Microsoft are making is rapidly accelerating the “AI race”. You see, the AI you’re aware of as a user every day is called “narrow AI”, this means that this kind of artificial intelligence, while autonomous and self-learning, is designed to take care of a specific task. Take for example Google’s search algorythms, they know what to look for and how to behave when they find it, just that.

General AI (AGI or strong AI) on the other side, is about outperforming humans at nearly every cognitive task.  An evolved AI, which is what most researches work on and want to achieve would have your car do exactly how you would do it, same with your pacemaker, airplane, your automatic trading system or your power grid.

The ultimate goal for Strong AI is to self-learn, is this bad?

The case of autonomous weapons is one to take a close look at. As with most technologies, AI will find itself increasingly used for military applications. A war, defense systems, or a battlefield filled with robots could become a dangerous reality if the machines go awry.

Who would take responsibility for an accident? Or much worse, a human life?

Many companies -including thousands of Google companies have pledged not to develop AI technologies for harmful use. Still, it is common knowledge that Amazon and Microsoft are doing so. There is pressure for another digital Vienna Convention to regulate, and agree on this matter. Technologists still claim that any AI they design and develop  is not authorized or capable of making “combat decisions” on its own, that it will always rely on a final decision made by a human. How sure can you be of this assumption when things like this happen:

Months ago, Facebook shut down its own robots after detecting that they might have developed their own language, and might be communicating fluently on their own. These two artificially intelligent programs appeared to be talking in a language only they understood.

The two Facebook chatbots created their own changes to the English language, this made it easier for them to communicate -though it remained a secret to the humans looking after them. Facebook was pushing for its robots to start a chat and negotiate towards a trade that included balls, hats and books. Each item was given a certain value, suddenly negotiations broke down as the robots appeared to me exchanging information, chanting at each other in a language incomprehensible to humans.

The developer’s flaw was not to specify the machines to use comprehensible English to negotiate between each other, which allowed them to create their own “shorthand” version.

After the negotiations in this language were decrypted, technologists found out that the trades had taken place effectively and that the conversations showed interest in a specific item. Researcher Mike Lewis justified shutting down the chats when he said "our interest was having bots who could talk to people".

Google was another one to reveal that the AI it uses for its Translate tool had created its own language, which it would translate things into and then out of. But the company was happy with that development and allowed it to continue.

A worried Elon Musk commented: "The pace of progress in artificial intelligence (I'm not referring to narrow AI) is incredibly fast. Unless you have direct exposure to groups like Deepmind, you have no idea how fast—it is growing at a pace close to exponential. The risk of something seriously dangerous happening in the five-year timeframe, 10 years at most.”

In order to exist AI has to be created by man; but if AI self-learns creation and assumes the autonomy to suggest and execute final decisions according to its own judgement, what happens next?

Perhaps this dog needs a leash.

About GBT TECHNOLOGIES, S.A

GBT Technologies, S.A., a private Costa Rican corporation (GBT -http://gbttechnologies.com) is a development-stage company in the business of the strategic management of BPO (Business Process Outsourcing) digital communications processing for enterprises and startups; distributed ledger technology development, AI development and fintech software development and applications. 

https://aggregator.genesisexchange.io/ (Beta Version)

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