Machine learning | WHY ARTIFICIAL INTELLIGENCE MARKETING

INFOGRAPHIC – GROWING WORLD OF VR AND AR

INFOGRAPHIC – GROWING WORLD OF VR AND AR

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Virtual Reality entered the marketplace for consumers in 2013 with the launch of the Oculus Rift Development Kit. 2016 brought consumers a variety of new VR devices, including the HTC Vive and Sony’s PlayStation VR. Based on the demand the VR market has been seeing over the years, it is expected to grow by the billions by 2020, reaching an estimated $30 billion in worth. When combined with the Augmented Reality market, revenue between the two could reach $150 billion. Today, many industries are beginning to implement Virtual Reality into businesses. In the healthcare field, a VR experience called “Snow World” to help burn victims during their wound care and rehabilitation process. In journalism, news and media companies are adding 360 videos to their online publications to add to their stories. And in entertainment, movies including Star Wars, Jurassic World, and more have released VR experiences to go along with the movie. Adding this component generates more interest, excitement, and a strong brand association.

With the VR industry continuing to expand, new career opportunities are expected to open up to fulfill the demand. Potential positions for job-seekers may include UX/UI Designers, Unity Developers, 3-D Modelers, Animators, Project Managers, and Videographers. For those who are interested in pursuing a career in the industry, it is important to stay up-to-date on the latest VR trends—follow social media conversations, attend webinars and conferences, and participate in online communities. In an industry that expects to sell 500 million VR headsets in less than 10 years,  the Virtual Reality industry appears to have a very promising future ahead of it.

Below is the full infographic by Context:

 

 

10 Biggest Cyber Crimes And Data Breaches

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Infographic Recap: 10 Biggest Cyber Crimes And Data Breaches

 

You may not think you’re at risk of a cyber-attack, but in today’s digital world, it’s a huge problem. Hackers can learn anything about you by stealing data, such as social security numbers, computer passwords, credit card information, health care data, bank account information, and more. According to an IBM study, as reported by CBS, approximately 1.5 million cyber-attacks occur annually. That’s three attacks per minute!

Businesses are at a huge risk of attack. If a hacker can get ahold of their customer data files, they can easily get their hands on hundreds or thousands of people’s data in one go. Depending on the data they’ve stolen, they can use the information to steal identities, access personal finance accounts, get ahold of trade secrets, and more. Despite 32 percent of organizations being affected by cybercrime, almost half don’t think they need an incident response plan in place according to PwC. That’s because many of them-44 percent according to UK research—don’t believe they’ll be targeted.

Anyone, whether they’re an individual or a business organization, is at risk of becoming victim to a cyber-attack. These attacks work in many ways. Hackers can get ahold of your information through computer viruses, phishing scams, denial-of-service attacks, and even in-person scams where hackers access your on-site computer or company servers. All of these methods can be used to target a large company or a single individuals.

What’s even more frightening is that cybercrime is on the rise. The global cost of cybercrime was around $500 billion in 2015. That figure is expected to rise to $2 trillion by 2019, says Juniper Research. The average cost of a single data breech will hit $150 million by 2020.

If you don’t think you’re at risk of a cyber-attack, think again. Some of the biggest companies with the largest set of resources have been hit hard by cyber criminals. The infographic below highlights the top 10 cybercrimes and data breaches that have been reported to date, chosen based on either size or significance. These attacks include everything from stealing credit card data to social security numbers, birthdates, health data, and more from big companies like Yahoo, Home Depot, Google, and even government agencies like the IRS. It just goes to show that anyone holding sensitive customer data is at risk and that it takes very careful measures to mitigate your risk of a breech.

Get the details of these top 10 massive breaches below. This infographic is made by TheBestVPN.com team.

TheBestVPN - infographic


 

Artificial Intelligence 2063

 

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Bots take over jobs of 12,000 employees

Bots take over jobs of 12,000 employees at Wipro

Co says it has achieved productivity worth 12,000 people over 140 customer engagements in 1,800 HOLMES bots in IT services.

Bots take over jobs of 12,000 employees at Wipro
Malini BhuptaMoneycontrol News

Bots are actually replacing humans at Wipro. India’s third largest IT services company, which is in the process of downsizing 10 percent of its workforce this year, kicked off Project NextGen in 2015 to improve productivity and automate processes. While the company denied plans to downsize, it said it achieved productivity worth 12,000 people over 140 customer engagements in 1,800 HOLMES bots in IT services.

Automation is, in fact, a reality now and progressively more jobs could become redundant as the pace of deployment increases.

In computer programming lingo, a bot, which is short for robot, is a program that operates as an agent for a user or another program or simulates a human activity. Wipro’s HOLMES bot uses a natural language processing (NLP)-based chat interface.

Wipro kicked off its transformative programme ‘Project NextGen’ in 2015, in consultation with McKinsey, to improve productivity of teams and automate processes. Senior managers claim teams were asked to execute the same projects with 10-15 percent less manpower, as McKinsey outlined several levers to improve productivity. Insiders claim that this was a dry run for this year’s downsizing, as teams were asked to function without 10-15 percent of the existing manpower.

The move to make do with fewer people was part of suggestions made by McKinsey to enhance productivity and help automate processes.

A very senior manager at Wipro says: “Project NextGen began very well and a few hundred senior managers were appointed as change leaders who would implement McKinsey’s recommendations. But what we did not realize was that it was a simulation of sorts to downsize later.”

From slashing coffee breaks and taking away mobile phones of employees during “Silent Hours” to real-time monitoring progress of tickets (problems raised by clients) on “White Boards” to “Huddle Meetings,” McKinsey came up with an exhaustive list of levers Wipro’s managers could use to enhance productivity of teams and cut down on waste.

But the net outcome of these initiatives was to reduce the strength of every team by 10-15 percent. Automation was supposed to be a big piece of this initiative and managers were assured that there would be no retrenchment at the end of the exercise.

In response to a questionnaire sent by Moneycontrol on gains from Project NextGen automation initiatives and consequent impact on jobs, Wipro said: “In FY17, Wipro generated productivity worth over 12,000 persons across 140+ customer engagements in over 1,800 cumulative instances of HOLMES bots in IT services, in the areas of application development, application support & maintenance and infrastructure services. Employees who are involved in such projects are then retrained and upskilled to be redeployed to handle higher value tasks.”

However, some of the change leaders that Moneycontrol spoke to said that the level of automation achieved was no more than 2-3 percent of the target, as India either lacked the requisite talent pool or that customers were not always ready for it. In many cases, privacy laws of other countries also came into play for automation.

Wipro is not looking just at automation to cut costs. It is also lowering the “Bulge Mix” –average work experience of a team. Managers have been told to lower the Bulge Mix of teams to less than 4 years. So, if a team has 40 people and the average work experience of individuals is between 0-3 years and the manager has little less than ten years, then the bulge mix will come down to less than 4 years.

Wipro, however, said: “There is no plan to change the bulge mix. We will continue to hire skilled resources at the middle and senior levels from the market.”

This also indicates that Wipro is planning to weed out more senior and experienced people who are managing the junior employees with less than 3-years experience. This is a big lever to cut costs but it also puts at risk managers with more than 10-years experience.

The existing IT services companies have so far leveraged upon the wage arbitrage that existed between the developed world and India. But the sector did little to prepare for a wave of disruptive technologies like cloud computing, which is making data centres and the support functions around it redundant.

With clients pressurizing companies to automate repetitive processes, Wipro roped in McKinsey to help it migrate from the existing model to stage where it could morph into a digital services company.

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LATEST SCIENCE & TECHNOLOGY NEWS **Kurzwel**

Monday | April 24, 2017
DAILY EDITION
LATEST SCIENCE & TECHNOLOGY NEWS

The first 2D microprocessor — based on a layer of just 3 atoms

April 24, 2017
Overview of the entire chip. AC=Accumulator, internal buffer; PC=Program Counter, points at the next instruction to be executed; IR=Instruction Register, used to buffer data- and instruction-bits received from the external memory; CU=Control Unit, orchestrates the other units according to the instruction to be executed; OR=Output Register, memory used to buffer output-data; ALU=Arithmetic Logic Unit, does the actual calculations. [3] (credit: TU Wien)May one day replace traditional microprocessor chips as well as open up new applications in flexible electronics

Researchers at Vienna University of Technology (known as TU Wien) in Vienna, Austria, have developed the world’s first two-dimensional microprocessor — the most complex 2D circuitry so far. Microprocessors based on atomically thin 2D materials promise to one day replace traditional microprocessors as well as open up new applications in flexible electronics. Consisting of 115 … more…

‘Negative mass’ created at Washington State University

April 21, 2017
Experimental images of an expanding spin-orbit superfluid Bose-Einstein condensate at different expansion times (credit: M. A. Khamehchi et al./Physical Review Letters)Washington State University (WSU) physicists have created a fluid with “negative mass,” which means that if you push it, it accelerates toward you instead of away, in apparent violation of Newton’s laws. The phenomenon can be used to explore some of the more challenging concepts of the cosmos, said Michael Forbes, PhD, a WSU assistant … more…

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Dates: Apr 29, 2017
Location: London, UK
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Dates: Sep 27 – 28, 2017
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How One London Startup Plans to Conquer the Bitcoin ATM Industry

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