AI SPARKED A NEW INDUSTRIAL REVOLUTION.

FINANCIAL INSTITUTIONS PROCESS MORE INFORMATION THAN EVER BEFORE, BUT ARTIFICIAL INTELLIGENCE CAN FIND HIDDEN CRIMINAL ACTIVITY IN A SEA OF DATA . Key Takeaways •Artificial intelligence is a potent new weapon in the fight against financial fraud, which is on the rise •One insurer used artificial intelligence to find a fraud ring that was bilking it out of $10 million a year 1 •New forms of AI are keeping pace with the changing tactics of fraudsters Shortly after leaving the San Diego Sheriff’s Department over a decade ago, Pat Beaty became a certified fraud investigator. . “Fifteen to 20 years ago, large banks, financial institutions, insurers, and credit unions would have 15-20 people analyzing raw data,” he says. Since then, a lot has changed. “We’re still making calls, interacting with people, verifying members and their transactions by telephone. But looking at a lot more data.” Yet despite the exponential increase in information for his company’s 80,000 members, Beaty’s company stays on top of fraud thanks to software using machine learning, which scans giant volumes of data to isolate suspicious activity. . Today, even more artificial intelligence tools are coming online that will change the nature of fighting financial crime. Intel® Saffron™platform, an AI technology, mimics the associative memory of the human brain to surface fraud rings, while accessing an infinitely larger dataset than its human counterparts. These solutions are designed to enhance people in highly complex tasks, and early results indicate they can catch fraudsters with unprecedented speed and efficiency. https://www.intel.com/content/ www/us/en/financial-services-it/article/insurance-fraud-revealed.html * ARTIFICIAL INTELLIGENCE HAS SPARKED A NEW INDUSTRIAL REVOLUTION. .Key Takeaways •Fifteen billion machines are currently connected to the internet, and in 2020, the number will pass 50 billion1 •Many manufacturers have sensors in place, but few are using them to glean revenue-driving insights •Smart factories will generate as much as $3.7 trillion in value by 2025, according to one estimate from McKinsey2 . The molten metal, now 3,000°F, is channeled from ladle to caster, cooling to form a burning orange slab. This work has been repeated billions of times over decades. For the last 70 years, it has happened in steel mills around the world; today, it happens in data factories. . Modern industry may look much the same from the outside, but a quiet revolution is underway: Manufacturers are going online. A steep drop in sensor costs over the past decade has allowed businesses to collect data at every stage of production. Fifteen billion machines are currently connected to the internet, and in 2020, the number will pass 50 billion . [f:Fifteen billion machines are currently connected to the internet, and in 2020, the number will pass 50 billion [https://newsroom.cisco.com/press-release-content?articleId=1621819]. By 2025, McKinsey forecasts that “smart factories” will generate as much as $3.7 trillion in value.3 These modern manufacturers are producing unfathomable volumes of data, and artificial intelligence is needed to make sense of it all. . “Modern machine learning can identify patterns from huge, messy data sets,” explains data scientist Alp Kucukelbir. “With human expertise alone, you can't really tease out the insights that you want. Machine learning allows us to unravel those patterns that would be difficult or impossible for people to identify.” Seeing the opportunity, Kucukelbir cofounded Fero Labs, a company with a platform that pushes sensor data from the factory to the cloud, where it’s processed with machine learning algorithms. Their software offers insights for how to boost industrial output, prevent costly machine breakdowns, and reduce waste--all contributing to higher product quality and lower costs. . By 2025, McKinsey forecasts that “smart factories” will generate as much as $3.7 trillion in value.3 These modern manufacturers are producing unfathomable volumes of data, and artificial intelligence is needed to make sense of it all. . “Modern machine learning can identify patterns from huge, messy data sets,” explains data scientist Alp Kucukelbir. “With human expertise alone, you can't really tease out the insights that you want. Machine learning allows us to unravel those patterns that would be difficult or impossible for people to identify.” Seeing the opportunity, Kucukelbir cofounded Fero Labs, a company with a platform that pushes sensor data from the factory to the cloud, where it’s processed with machine learning algorithms. Their software offers insights for how to boost industrial output, prevent costly machine breakdowns, and reduce waste--all contributing to higher product quality and lower costs. https://www.intel.com/content/www/us/en/manufacturing/article/factories-improve-uptime.html * SMART GRID, SMART STRUCTURES KEY TO LIFTING WORLD OUT OF POVERTY Written By: Hussain Kazmi - March 9, 2018 - The Technocrat’s solution to every problem known to man is technology and more technology. This is a false premise from the start because there is no demonstrable evidence that it is true. In other words, dreamers who imagine the future do not create reality merely because they imagine it. ? TN Editor It is a truth universally acknowledged that billions of people around the world live in poverty. But does it have to be that way? Today’s technological progress means that tomorrow we will be able to produce more, more efficiently – lifting people above the breadline with accelerated economic growth all around the world. Key to these efforts are smart buildings. A world of connected structures, making use of the whole range of technologies and data to enable efficient energy use, could ease the delivery of healthcare, education and industrial production across the developing world. And by leveraging abundant renewable energy sources such as solar, this can all be achieved in a sustainable way – without incurring large carbon costs. But we are not there yet. The story of smart buildings in the developing world is still in its first few chapters. To make sure the tale is a happy one, smart buildings ought to operate on a smart grid. Yet in many developing countries, the grid itself is under tremendous pressure. These nations need to take charge. The burden of batteries A major obstacle standing between developing countries, such as India and Pakistan, and smart grids is intermittent energy supply through the network. And batteries, the traditional solution to such a problem (and indeed a technology that is crucial to building flexible smart grids), can exacerbate the issue. https://www.technocracy.news/index.php/2018/03/09/smart-grid-smart-structures-key- to-lifting-world-out-of-poverty/ * PART OF THE 4TH INDUSTRIAL REVOLUTION .. CONINCIDENCE? https://twitter.com/Orwells_Ghost_/status/1421551677526749188 * THE FOURTH INDUSTRIAL REVOLUTION: TECHNOLOGY-DRIVEN AND HUMAN CENTERED Advances in science and technology must serve all of humanity to its fullest potential. What can the private sector, civil society and public institutions do together today to ensure an inclusive outcome for the future? - Marc R. Benioff, Chairman and Chief Executive Officer, Salesforce, USA - Jay R. Inslee, Governor of Washington, USA https://video.search.yahoo.com/yhs/search?fr=yhs-tro-freshy&ei=UTF-8&hsimp=yhs-freshy&hspart =tro&p=Technology+Industrial+Revolution&type=Y219_F163_204671_091521#id=2&vid=30b39130605 e6a1e47acf5d4a8ebafb2&action=click * WHAT 3 TECHNOLOGIES CONTRIBUTED TO THE INDUSTRIAL REVOLUTION? These are the first three industrial revolutions that transformed our modern society. With each of these three advancements-the steam engine, the age of science and mass production, and the rise of digital technology-the world around us fundamentally changed. What contributing factors led to the Industrial Revolution? Historians have identified several causes for the Industrial Revolution, including: the emergence of capitalism, European imperialism, efforts to mine coal, and the effects of the Agricultural Revolution. Capitalism was a central component necessary for the rise of industrialization. Who were the contributors to this industrial revolution? Important inventors of the Industrial Revolution included James Watt How did the Industrial Revolution changed the world? The Industrial Revolution changed the world by transforming business, economics, and society. These shifts had major effects on the world and continue to shape it today. Before industrialization, most European countries had economies dominated by farming and artisan crafts such as hand-woven cloth. https://questionanswer.io/what-3-technologies-contributed-to-the-industrial-revolution/ *   APPLE IS GETTING EVERYONE PREPARED FOR IT... https://www.youtube.com/watch?v=s4BKdmMUxy8 [Satan pays well: Apple CEO Tim Cook Earned $102 Million in 2017 December 27, 2017 PST by Juli Clover - In fiscal 2017, Apple CEO Tim Cook received a salary of $3.06 million plus $9.33 million in bonuses and stock worth $89.2 million for a total compensation package of approximately $102 million, reports Bloomberg. The data was shared today by Apple in a proxy statement filed with the United States Securities and Exchange Commission ahead of the company's annual shareholders meeting, which will take place on February 13, 2018. https://www.macrumors.com/2017/12/27/apple-ceo-tim-cook-102-million/ * THE BIBLE SAYS THIS IS EXACTLY HOW IT WOULD LOOK BEFORE THE END (2017-2018) 386,940 views https://www.youtube.com/watch?v=hWe62uHpikY * Disclaimer: The views expressed in this article are the sole responsibility of the author. If you have a problem with the correctness of the information, please contact the author.  (In accordance with Title 17 U.S.C. Section 107, this material is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.)  Tell your friends about us and thank you for visiting http://www.go-cephas.com