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Who to Sue When a Robot Loses Your Fortune

Who to Sue When a Robot Loses Your Fortune

Samathur Li Kin-kan, a Hong Kong tycoon, was so impressed with a hedge fund that he decided to invest $2.5 billion in hopes of doubling it over the time. What intrigued him was that the fund is run not by a human, but automatically by an AI-powered robot supercomputer named K1, which is a service offered by Tyndaris Investments, a London-based company.

The industry shaping the future of AI?

The industry shaping the future of AI?

Industry has mobilized to shape the science, morality and laws of artificial intelligence. On 10 May, letters of intent are due to the US National Science Foundation (NSF) for a new funding programme for projects on Fairness in Artificial Intelligence, in collaboration with Amazon. In April, after the European Commission released the Ethics Guidelines for Trustworthy AI, an academic member of the expert group that produced them described their creation as industry-dominated “ethics washing”.

Reducing Food Waste in Hotels with Artificial Intelligence

Reducing Food Waste in Hotels with Artificial Intelligence

NATIONAL REPORT—Food waste is enormously costly for hotel owners and managers across the US. Financially, the average kitchen spends 5-15% of food costs on food that is never eaten. From an operational point of view, kitchen staff lose countless hours preparing uneaten food. It also has a huge environmental toll. If food waste were a country it would have more impact on global warming than every country in the world, except China and the U.S.