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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Trade-off between Opaque and Transparent AI

AI can be classified into Opaque and transparent Systems. Opaque AI is the black box where it is not evident why AI operates in a certain way. Though it is effective,it just means that there is higher risk associated with predictions and insights. Transparent AI is when technology does explain how it reaches its decisions using data at hand.But a company often prefers opaque AI, if the insights provided help in actually growth of the company. The need for transparency is a constraint on AI. And opaqueness might prove more effective. There is a trade-off between the two. When GDPR comes into effect,banks in The EU will be legally obliged to explain how they operate. Opaque AI will not work here ,although it might be more effective.Businesses should be able to control the kind of AI to be used in a given situation,its ethics and accuracy. Read more at: https://cognitiveworld.com/articles/choosing-between-opaque-ai-and-transparent-ai

 

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Connected Car Network Transforming the Transportation Industry.

To improve road safety and to help build the infrastructure for self driving cars,government and private companies are coming together to build connected-car platforms. The Utah government has partnered with Panasonic on the smart road network. They will be working on installing sensors on road. These will collect and transmit data that will alert vehicles,staff and control traffic signal as well. CIRRUS,an IoT application program is the data platform used that assists data sharing among transport departments,network operations and vehicle information systems using V2X as a data source. This emerging technology will make roads safer and less congested.Carmakers too are working on the connected car network to incorporate them into their self driving cars. The market for vehicle connectivity is predicted to be huge. Read more at: https://www.aitrends.com/selfdrivingcars/connected-car-platforms-making-headway-microsoft-taking-a-lead-role/

 

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Predictive Analytics in the Oil and Gas Industry Increasing Transmission of Information

A new firm has stepped into the oil and gas industry that uses AI to convey real-time oil analytics to its users. It uses of satellite tracking data and reports from different organizations,including customs,JODI and statistical agencies to build its own database and draw insights. According to the founders, speed and accuracy is what makes the venture unique. The data is more reliable and AI helps in demand, supply analysis in seconds. Algorithms in predictive analytics can be used to forecast prices as well. This is where AI is superior to human,they have predictive abilities. Change in methods of gaining insights is coming from small ,focused and specialized solutions that come together to form a comprehensive solution. Read more at: https://oilprice.com/Energy/Energy-General/Robots-Take-Over-Oil-Trade-And-OPEC-Is-Scared-To-Death.html#

 

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Create Value from Waste: How AI aids Waste Management.

Sensors, robots and vision systems have entered the recycling industry. They have improved the accuracy of segregating different types of plastics and items contaminated with food and other substances. The increased sorting rate is a bonus. One start-up is focused on recycling robots. Their system is trained by being shown millions of images. Its most recent dual robot system called Cortex can sort, pick and place items at 160 units per minute. The company has sold AI driven robots to a Japanese company to separate reusable materials such as electronic equipments. demolition debris and. Another start-up supplies sensors that provides information about moisture and chlorine levels. Their latest innovation is material sensor that can detect PET trays and a laser feature that can identify blank objects and silicon cartridges. Read more about the AI behind these innovations at: https://www.aitrends.com/ai-in-industry/ai-helping-recyling-industry-improve-accuracy-speed-sorting-rate/

 

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Classifying Artificial intelligence.

 

The field of AI is largely unexplored and we have only scratched the surface of what AI is really capable of.Understand the AI types will allow us to gain perspective on its capabilities and impacts in future.The degree to which an AI system can imitate human performance is used as a criterion for determining the type of AI.Based on this, AI is classified into two types-One type is based on classifying AI enabled machines based on their resemblance to the human mind , ability to think and feel.According to this system,the four types of AI are-reactive machines,limited theory machines,theory of mind and self aware AI.The second type of AI classification usually used in tech has three categories- Artificial Narrow Intelligence(ANI),Artificial General Intelligence (AGI), and Artificial Superintelligence (ASI). Read more at: https://cognitiveworld.com/articles/7-types-artificial-intelligence

 

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Machine learning Applications in the growing e-Commerce Industry

E-commerce is one of the fastest growing industries globally that grew by 18% in 2018. E-commerce is data-driven but there is lack of knowledge and uncertainty in the sector. Several companies got together to address the hindrances and share their views on AI in e-commerce. The director of one of the companies says that AI applications is based on data and bringing out the best insights requires specialized softwares. Most of the time one AI model cannot serve all purposes .The introduction of machine learning here to spot patterns would be beneficial.Another application of AI was an app that allowed users to photograph an item and search for it in the companies database. Often data protection laws make it difficult to gain access to data . On the other hand,data might be available in plenty but companies dont know what questions should they seek to answer.Read more about the challenges and implementations of AI at: https://deepsense.ai/shadows-of-customers-on-the-wall-key-takeaways-from-the-ai-in-e-commerce-business-breakfast/?u

 

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How AI affects the labour market and economy

The Partnership on AI published case studies on the impact of AI on economy,labour,productivity and society. The three companies involved in the case study were Axis Bank,Tata Steel Europe(TSE) and Zymergen. The conclusion was that- successful implementation of AI required adaption of the technology by the management and the employed workforce alike.An increase in productivity and financial gains was reported by each firm in the short term. Because each firm in the case study,operated in a different field,benefits of the adaptation of AI,manifested in different ways.The impact on the workforce was more varied depending on the labour market and the impact cascaded across supply chains,partners and customers.However each firm also faced its opportunity and challenges. The effects were not independent or exhaustive The area of research could be extended. More such case-studies will acknowledge other areas in which AI could work.

Read more at: https://www.aitrends.com/ai-adoption/real-world-impact-of-ai-on-labor-economy-told-through-case-studies/

 

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Public-Private partnerships in exploring the applications of AI.

The AI World Government,a three-day forum that started on June 24th, gathered leaders in the government,academic and industrial sectors to exchange views on the challenges and possible benefits of AI in the automation. According to leading companies such as Gartner and McKinsey,AI has cognitive abilities,and tends to imitate human performance by learning, understanding complexities, predicting and providing solutions.Intelligence and defence government agencies are heavily relying on AI for its application and growth in the areas of healthcare, transport, commerce and administration. It is clear that the government is investing heavily and wants to explore the capabilities of AI .The methodology of developing tools and applications of AI came across as a public-private partnership supported by investment which is looking at combining human and computer power.

Read more at: https://www.aitrends.com/ai-in-government/government-an-integral-partner-for-exploring-ai/

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Data Management made less perturbing with Data Catalogs.

Big businesses have huge repositories of data.Each company is in the race to draw more value from this data so that they are not competed out.Data is unorganized,metadata initiatives have been falling and unearthing and extraction of data has become more difficult. Data protection regulations have exacerbated the problems.Lack of data management, renders data inefficient. IO Tahoe has published on Data Catalogs-a metadata management tool as a solution to this problem. The speed of AI coupled with human learning will help companies to overcome challenges of data management.There are several kinds of data catalogues and this report is a guide on which will be best for your company.

Read more at: https://insidebigdata.com/2019/06/18/ai-driven-data-catalogs-right-business/

 

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AI to Understand Facial Structure Mutations to Diagnose Diseases.

A rare hereditary disease is difficult to diagnose. Sufferers have to go through innumerable tests,that take up valuable time of doctors and patients alike with still no definitive result. This additional time delays therapy that could actually be directed to forestall damage. Professors from the University Hospital Bonn and a team of researchers had data of 679 patients suffering from 105 different diseases .They trained a neural network model with 30,000 portrait pictures of affected people and demonstrated how artificial intelligence can be used to perform efficient and reliable facial analysis in cases where the facial structure does show mutations when afflicted with a rare disease. Together with other symptoms and genetic data,it was possible to get accurate diagnosis.

Read more at: https://www.sciencedaily.com/releases/2019/06/190606133805.htm

 

 

 

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NASA uses AI to Fill Data Gaps

In 2014,NASA had lost an instrument located on the Solar Dynamics Observatory that measured UV rays coming from the sun,to forecast solar storms and to alleviate their affects. This is when scientists and engineers turned to artificial intelligence,with the thought that well-trained data can fill the data void. Four years of data captured by space instruments that included images of the sun were used to design processes.Using the best software tools to test these models,the scientists concluded that CNN is a good fit for the data giving 97.5% accuracy. Superior images of the sun generated were used to predict UV measurements.Our question stands at- if AI can be used to fill data gaps,can it forecast UV spectra as well and can it address a wider spectrum of problems?

Read more at: https://www.aitrends.com/neural-networks/how-ai-came-to-the-rescue-of-scientists-studying-the-sun/

 

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Problems with Data Storage

With the advent of technology and analytics playing a major role,data storage has become of paramount importance.Just like every object in this universe occupies area,so does data. It just occupies space in the virtual paradigm. But there are problems with curating a data storage space. A well organized ,cost-effective long term data storage solution is what every company needs .High tech storage servers are required that absorb much of office space. It would mean spending on construction,on equipments and paying those who manage data. One can use cloud storage that takes advantage of other companies' infrastructure i.e. outsourcing data storage and maintaining responsibilities but this again would imply taking a risk with security. Storage space should be flexible so that it can be expanded in accordance with one's needs. Data should be accessible from different UIs and compatible with APIs.However, exposure to electromagnetic strips and waves may corrupt data.Data storage becomes futile,then. There are several problems with data storage that are yet be acknowledged and overcome.

Read more at: https://www.smartdatacollective.com/7-biggest-problems-data-storage-overcome/

 

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Big Data and Trends

A large number of tables with thousands of rows and columns. Data keeps flowing in from multiple live sources and is rapidly changing . This is what characterizes Big Data. Datasets are becoming vast and hence more complex for analysis. Without the correct tools,it would be difficult to use this data to draw insights. In this regard,three trends have come to the forefront- IoT,querying techniques and cloud computing.The advent of IoT has digitised everything. There are sensors and wires that chanel data which is then manipulated and analyzed to get results.Querying data i.e. extracting information from data is the first step before analysis and Cloud has come to play a major role in data storage. The three trends connected have paved a path for growth in technology.

Read more at: https://www.sisense.com/blog/waking-up-the-world-of-big-data/

 

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Artificial Intelligence Paving the Way for Cancer Diagnosis.

AI is redefining the way oncologists look at cancer treatments.Deep learning has proven useful in understanding the trajectory of tumors in the distinctive case of cancers . According to two doctors,AI is making its mark in the healthcare industry.CNN(convoluted neural networks) have been trained to recognize and categorize cancers.CNN is used to diagnose tumor volume and segment tumor with higher precision. They have an advantage over semi-automatic methods,because the former can independently identify common features. Studying and interpretation of sample slides are slow and unreliable. DNN can be used to quicken the process and give robust results.A deep learning model teaches itself and becomes more accurate as it studies clinical data so it can predefine the form that a tumor will take.AI in healthcare has revolutionized diagnostic methods that aid better treatment.

Read more at: https://www.aiin.healthcare/topics/research/5-ways-ai-being-used-advance-cancer-research

 

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