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How Artificial Intelligence is Boosting the Design of Smarter Bionics

How Artificial Intelligence is Boosting the Design of Smarter Bionics

Artificial Intelligence and Machine Learning are a set of technologies that empower machines and computers to learn and evolve upon their own learning through constant reiteration and consistent data bank upgrades. The entire chain of mechanism stands on recursive experiments and human intervention.

Bionics

Advances in technology have greatly benefited the field of prosthetics in the last few years. Today’s prosthetic limbs are made using space-age materials that provide increased durability and function. In addition, many prosthetics make use of bionic technology. These types of prosthetics are called myoelectric prosthetics.

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Myoelectric prosthetics picks up the electrical action potential from the residual muscles in the amputated limb. Upon receiving the action potentials, the prosthetic amplifies the signal using a rechargeable battery. Detected signal can be used further into usable information to drive a control system. Artificial Intelligence helps to identify motion commands for the control of a prosthetic arm by evidence accumulation. It is able to accommodate inter-individual differences and requires little computing time in the pattern recognition. This allows more freedom and doesn’t require the person to perform frequent, strenuous muscle contractions. The inclusion of AI technology in prosthetics has helped thousands of amputees return to daily activities. While technologies that make bionic implants possible are still in infancy stage, many bionic items already exist.

The Bionic Woman

 Angel Giuffria is an amputee actress and Ottobock Healthcare’s Brand Champion who has been wearing electromechanical devices since she was four months old. Following are excerpts of an interview with her.

“I wear currently the bebionic 3 small-size hand which sounds like a car. But at this point, that’s where we’re getting with technology. It’s a multi-articulating device. That small-size hand is really amazing… this technology wasn’t available to them previously”

She further added, “..The new designs that look more tech are able to showcase the technology. I’ve really become attached to and I think a lot of other people have really clung onto as well because it just gives off the impression of showing people how capable we are in society now.”

 She also spoke about prosthetics like the Michelangelo Hand which is stronger, faster and has multiple hook options. Modern additions to prosthetics such as lights and cameras are added advantages. She describes her hand to be able to do multiple functions like change grip patterns and control wrist movements which enable her to hold small items like keys and credit cards.

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I-limb

Bertolt Meyer’s amazing bionic hand controlled via an iPhone app is another glimpse at the advances being made in prosthetics.

In 2009, Meyer, a social psychologist at the University of Zurich was fitted with an i-limb, a state-of-the-art bionic prosthesis developed by a Scottish company, Touch Bionics, which comes with an aluminum chassis and 24 different grip patterns. To select a new suite of gestures, Meyer simply taps an app on his iPhone. He describes his i-limb to be the first, where aesthetics match engineering.

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In the world of prosthetics, function is the key. Most amputees are constantly searching for the same level of functionality that they enjoyed before they lost their limb. With the introduction of artificial intelligence in prosthetic limbs, amputees are closer to their goals than ever before. Bionics having access to the relevant databases are capable of learning new things in a programmed manner which improves their performance.

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How AI Is Going To Change the Marketplace: Top 6 Trends to Fix Your Eyes in 2018

According to a recently published report from McKinsey – “Alphabet invested roughly $30 billion in developing AI technologies, and Baidu, which is the Chinese equivalent of Alphabet, invested $20 billion in AI last year.”

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Not only companies, but reports suggest Chinese government is pursuing AI technology relentlessly in an attempt to drive the AI innovation, singlehandedly.

Continue reading “How AI Is Going To Change the Marketplace: Top 6 Trends to Fix Your Eyes in 2018”

Time to Change the Game of Online Lending With AI and Big Data

Time to Change the Game of Online Lending With AI and Big Data

As digitization grows in size and width, more and more companies are seeking ways to modify their digital lending services. It would be effective as well as profitable for both borrowers and lenders. And as a topping on the cake, companies resort to Artificial Intelligence and Big Data as they believe they are the future powerhouse of loans.

Originally banks being the lenders make the lending decision based on a loan applicant’s credit score – which is a 3-digit number collected from renowned credit bureaus, like Equifax and Experian. Credit scores are obtained from large piles of data, such as credit history length, payment history and credit line amounts, and are used to decide whether the applicants would be able to repay their debts. They are also good to determine the interest rate of loans.

online-lending

Low credit score is an indication that you are a risky borrower, which may end up in rejection of your loan application or else you have to pay excessively higher interest rate.

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Artificial Intelligence: What the Future Holds for India, Next to US – @Dexlabanalytics.

However, according to digital lending platforms, this kind of information isn’t enough – they fail to draw the actual picture of the loan applicant’s credit worthiness. Rather, it is advisable to include hundred other data points in the scrutiny process, and they don’t have to be based on financial interactions alone. Include educational certifications, employment documents, and even you can take help from minor information, like your nap time, website browsing preferences, chatting habits and so on.

The mechanism of Peer-To-Peer Lending

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At times, the concept of Big Data is downright challenging – it creates more confusion than clearing things out. Even Artificial Intelligence is included in this, though marketing teams of countless companies are relying on this advanced technology to enhance profitability and efficiency in operations – pundits from the online lending industry believes AI can actually change the way fintech companies perform.

Artificial Intelligence: Let’s Crack the Myths and Unfold the Future to You – @Dexlabanalytics.

Leveraging AI

For example, Upstart, a California-based Peer-to-Peer online lending company uses the power of AI to process loans. It implements machine learning algorithms to perform underwriting decisions. Machine Learning possesses the ability to analyze and coordinate large chunks of customer data to draw patterns that would remain unnoticed if done manually through human analysts.

According to Upstart, this process eventually works out well for people with limited credit history, lower income level and young borrowers. The company has also initiated an automation of 25% of its less risky loans to keep future prospects in mind.

Another Chicago-based startup Avant is harnessing machine learning to identify fraud – by comparing customer behavior with the initial available data belonging to normal customers, while singling out outliers. They are now planning to extend their services to brick-and-mortar banking structures that are planning to set their foot in the online lending business.

5 Hottest Online Applications Inspired by Artificial Intelligence – @Dexlabanalytics.

Today, digital lending is witnessing a steady growth worldwide, and India is not lagging behind. The perks of introducing machine learning and analytics are evident everywhere, so get yourself charged up and ride on the road of analytics. DexLab Analytics offers excellent big data hadoop certification in delhi ncr. Get enrolled today to experience the best!!

 

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Exploring New Avenues of Alliance Between Microsoft and Artificial Intelligence

Exploring-new-avenues-of-alliance-between-Microsoft-and-Artificial-Intelligence

Artificial Intelligence is perhaps the ‘trending’ term of the technological paradigm. Microsoft is quite a honcho in the arena of Artificial Intelligence. This statement is further enhanced by Andrew Shuman, the Corporate VP for Microsoft AI and research Group. At the Microsoft’s annual Build Developer’s conference, he regarded “If I think about the kind of AI revolution that’s going on, it’s very much created by new increase in data being available and cloud service being able to run millions of computations”.

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Pertaining to the situation, it is true that Microsoft certainly has all the essential data, in comparison to the other IT companies, which has won the company a premier position in the field of AI. The data includes 100 million Office 365 subscribers and, in OneDrive and certainly has the cloud based services.

Also read: Artificial Intelligence: What the Future Holds for India, Next to US

Now the next section would deal with the utilities of AI in certain sectors:

AI for Office uses – Hard to find a single soul unaware of Microsoft’s Office productivity. But on the downside, the users need to deal with certain upheavals, sometimes causing a lot of difficulties. This entire process, now teamed up with AI, ensures a butter smooth flow of the software.

  • Power Point– The Quick Starter takes the aid of AI to search for the right template based, sometimes, on a single word it is typed into one of the slides. However, behind the scenes, it is actually dependent on the vast well of the structured Bing data.

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  • The Designer Service is also used for image presentations, in the quest for the congruence of faces and even colors that can influence template design choices.
  • AI also enriches Power Point presentations as a cognitive vision system exploring pictures and auto-generating the ALT-Text for them.

  • The Focused Inbox Option in Outlook is mainly supported by the cloud- based machine learning, where the system enriches itself through explicit and implicit The recent past has seen this software gaining much eminence in the Android and IOS versions of outlook.

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  • The last utility is the End –user control, a common theme found across all of Microsoft’s AI It refers to the tools to be personalized to the users. This ensures that the changes often rejected in the Word would be no longer flagged in the writing.

The Cortana Complication In one word, Cortana is the public face for Microsft’s AI work. The voice assistant installed in million of desktop to be an aid to the users, it is mainly regarded as a hazard with the majority of the Windows users opting for the text box , next to the start button, to type in their queries. Even after this, Microsoft is still being enthusiast to project Cortana as the face and of AI efforts. Microsoft is actually working hard to set it as a household name on the AI front, with its latest discovery of Cortana Speakers, coming to the fore front sometimes next week. On being asked, if Cortana is the main obstacle then why Microsoft doesn’t restore all their efforts for the effective building of the software, Shuman answered, “I think we need to be careful about where we make it Cortana and where we don’t. To me it implies a full set of capabilities instead of little nuggets.”

Also read: Learn to Surf on the Three Waves of Artificial Intelligence

Thus to conclude, whether it is with or without Cortana, Microsoft remains the leading brand name in the AI sector. This again has been explained by Shuman as “We are without a doubt infusing intelligence and understanding in all of our products in ways that’s very shared and shareable,”

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So, that was all about the utilities of AI. Feel free to share the latest information. Also, enroll for the Artificial Intelligence Certification Courses only at www.www.dexlabanalytics.com

 

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Learn to Surf on the Three Waves of Artificial Intelligence

Learn to Surf on the Three Waves of Artificial Intelligence

How is the future going to be like? Will human workforce be completely redundant? Will machine learning supersede human intelligence? There have been myriad forecasts about the illuminating future of the AI: that it will be capable of analyzing human emotions, evaluating social nuances, heading medical treatments and surgeries, all that shrouds the best of human resources. But what about now? What is the present scenario like? Fortunately, DARPA is here to unleash a stream of answers to various questions, asked as well as unasked.

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DARPA is one of the most intriguing agencies in the US. The stalwarts at DARPA succour outrageous projects – concepts that are completely absurd and far from the accepted paradigms. GPS, legged robots, self-assembling work tools, prediction markets and early internet are some of its incredible creations. And now, they are putting their rear into gear to focus on AI.

DARPA segregates between three distinguishing waves of AI; each is boisterous with its own abilities and challenges. Out of the three, if you ask me which one is more galvanizing, I will point my finger to the third one. However, to decode the third wave of AI, which is the most exhilarating out of the three, you need to understand the first two.

First Wave of AI: Logical Rules and Bespoke Knowledge

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Here, tech specialists formulated algorithms and software programs based on the knowledge and information they imbibed, and tried to feed them with logical commands that were decrypted throughout the years. Most of the software that we are using today, like Windows Operating System, traffic system and even our smartphone apps emanated from first wave AI.

Clear and logical rules formed the crux of first wave AI structure. They were successful in introducing simple logical rules for intricate problems, but what they lacked was incapability of learning and ways to deal with the uncertainties.

Second wave of AI: Statistical Learning SystemsGENBlueCode

In 2004, DARPA initiated its first Grand Challenge – where fifteen autonomous vehicles took part in the competition and they had to complete a 150-mile track in the Mojave Desert. The vehicles were formulated on first wave AI and immediately it revealed the limitations of AI.

Not a single vehicle could finish the entire course; it was an absolute failure.

DARPA learnt its lessons, well. Just one year later, DARPA again organized Grand Challenge 2005 and this time, five groups completed the entire track. But, how? A year ago, they couldn’t.

The groups that could complete the race used the second wave of AI: statistical learning. In this wave, the engineers ignored the exact rules of first wave; instead, they focused on developing statistical models, which they trained eventually on numerous samples to make them highly efficient and accurate.

For better understanding and higher adaptability, statistical learning systems are fetching. If they are properly trained, they can work and adapt themselves to different situations. The brainchild of second wave AI is the notion of artificial neural networks. Besides, the second wave AI is dwarfing humans at speech transcription, face recognition, identifying objects and animals in images, controlling autonomous cars and aerial drones. However, the success of these complex programs leaves the AI pundits clueless. Nobody knows how these systems are working so well. But, we are not complaining!

Third Wave of AI: Redefining First Wave Logical Rules

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In the last and final wave, AI system will take the charge of constructing models, themselves. Precisely, they will now redefine the logical rules, which will sculpt the entire decision-making process. The third wave is efficient in relying on several different kinds of statistical models to draw a bigger picture of the world. They are capable of training themselves better.

They are able to derive information from various kinds of sources in order to come at a nuanced and logical conclusion. The systems are so effective that they can actually extract data from our smart homes, cars, cities, even from our wearable devices and deduce our health status. Moreover, they will also be able to program themselves and help in developing abstract thinking.

However, the only challenge that is up on the front is, “there’s a whole lot of work to be done to be able to build these systems”, as told by the director of DARPA’s Information Innovation Office.

The implementation of the third wave is surely going to be a major step for the entire mankind. However, all of this will take some time. Probably it will eventually taste success in the next twenty years. But, when we will appraise the potentials of the AI systems, the concept of the third wave won’t sound improbable.

At the end of the discussion, I am pondering would there be any fourth wave of AI and if yes, then what it would be like? These questions should however be left on time to analyse and then to research. Till then, may you be focused on the third wave.

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