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Global artificial intelligence spending to reach $434 bn in 2022: Report

by AIP Online Bureau | Feb 20, 2022 | Facts, Technology

AI solutions are currently focused on business process problems and range from human augmentation to process improvement to planning and forecasting, empowering superior decisioning and outcomes “Advancements in language, voice and vision technologies, and...

Europe’s bid for AI standard faces long road, EU lawmakers say

by AIP Online Bureau | Feb 17, 2022 | Policy, Risk Management, Technology

Dragos Tudorache, one of two lawmakers steering the issue, told Reuters facial recognition is a key topic Europe’s effort to set a standard for artificial intelligence will likely take more than a year, with the debate focusing on whether facial recognition...
Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety

Nokia and Schweizer Electronics deploy first ever AI-based video analytics to improve railroad crossing safety

by AIP Online Bureau | Jan 14, 2022 | International News, Risk Management, Technology

Karsten Oberle, Head of Rail at Nokia, said: “As the first deployment of its kind in Europe, this project with Schweizer Electronics and BLT enabled us to address many of the level crossing safety issues which are at the top of priority lists for rail operators. It is...

Majority of urban Indians comfortable with automation at homes, online shopping: Report

by AIP Online Bureau | Nov 30, 2021 | Eco/Invest/Demography, Facts, Technology, Workplace/Employee Benefits

Almost half of (47 per cent) the consumers in India think that the banking and financial services will be more profoundly impacted by AI, followed by manufacturing (44 per cent), education (42 per cent) and communications (41 per cent), the report noted. Among urban...
Digital Child’s Play: protecting children from the impacts of AI

Digital Child’s Play: protecting children from the impacts of AI

by AIP Online Bureau | Nov 28, 2021 | Articles, Eco/Invest/Demography, Policy, Regulation, Risk Management, Technology

Conor Lennon from UN News asked Jasmina Byrne, Policy Chief at the UNICEF Global Insights team, and Steven Vosloo, a UNICEF data, research and policy specialist, about the importance of putting children at the centre of AI-related policies. Artificial intelligence has...
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