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Japanese Robot Calls the Market Better Than a Human
March 26, 2016
On the 10th day of every month, Junsuke Senoguchi has just one thing on his mind -- the closing level of the Nikkei 225 Stock Average. That’s because Senoguchi, an unassuming man in his late 40s, has built a machine that’s been predicting the direction of Japanese shares, and once a month he gets a progress report on its success. The model makes a simple call -- whether the equity index will be higher or lower after 30 days -- and over almost four years it’s been right 68 percent of the time. “I’m...
March 26, 2016
On the 10th day of every month, Junsuke Senoguchi has just one thing on his mind -- the closing level of the Nikkei 225 Stock Average. That’s because Senoguchi, an unassuming man in his late 40s, has built a machine that’s been predicting the direction of Japanese shares, and once a month he gets a progress report on its success. The model makes a simple call -- whether the equity index will be higher or lower after 30 days -- and over almost four years it’s been right 68 percent of the time. “I’m...
UT Student’s YouRefund Finalist in Student Startup Competition
March 24, 2016
YouRefund, a tax fraud prevention app developed by a University of Texas student, is among the 42 companies competing in the 2016 Rice University Business Plan Competition against 41 other businesses in the health care, energy software and robotics industries. More than $1 million in prizes are on the line. Since the competition's inception, more than 161 former competitors have gone on to launch their own companies and are still in business. In addition, 15 companies have sold and past competitors...
March 24, 2016
YouRefund, a tax fraud prevention app developed by a University of Texas student, is among the 42 companies competing in the 2016 Rice University Business Plan Competition against 41 other businesses in the health care, energy software and robotics industries. More than $1 million in prizes are on the line. Since the competition's inception, more than 161 former competitors have gone on to launch their own companies and are still in business. In addition, 15 companies have sold and past competitors...
Google Unveils Neural Network with “Superhuman” Ability to Determine the Location of Almost Any Image
March 20, 2016
Today, that changes thanks to the work of Tobias Weyand, a computer vision specialist at Google, and a couple of pals. These...
March 20, 2016
Today, that changes thanks to the work of Tobias Weyand, a computer vision specialist at Google, and a couple of pals. These...
Google Puts Boston Dynamics Up for Sale in Robotics Retreat
March 20, 2016
The video, published to YouTube on Feb. 23, was awe-inspiring and scary. A two-legged humanoid robot trudges through the snow, somehow maintaining its balance. Another robot with two arms and pads for hands crouches down and lifts a brown box and delicately places it on a shelf -- then somehow stays upright while a human tries to push it over with a hockey stick. A third robot topples over and clambers back to its feet with ease. Tens of millions of people viewed the video over the next few weeks....
March 20, 2016
The video, published to YouTube on Feb. 23, was awe-inspiring and scary. A two-legged humanoid robot trudges through the snow, somehow maintaining its balance. Another robot with two arms and pads for hands crouches down and lifts a brown box and delicately places it on a shelf -- then somehow stays upright while a human tries to push it over with a hockey stick. A third robot topples over and clambers back to its feet with ease. Tens of millions of people viewed the video over the next few weeks....
Google AI Beats South Korean Go Professional 4-1
March 15, 2016
Google's artificial intelligence (AI) program on Tuesday beat South Korean professional Lee Sedol in the ancient board game...
March 15, 2016
Google's artificial intelligence (AI) program on Tuesday beat South Korean professional Lee Sedol in the ancient board game...
ABA House Approves Model Regulatory Objectives for Nontraditional Legal Services
March 13, 2016
After extended and heated debate Monday, the ABA adopted a resolution that would guide states in their regulation of nontraditional legal services. Resolution 105 provides model regulatory objectives for state regulators considering how to regulate nontraditional legal service providers. These providers include online startup businesses and corporations, but also practitioners like the limited license legal technicians recently authorized in the state of Washington. The heart of the debate was over...
March 13, 2016
After extended and heated debate Monday, the ABA adopted a resolution that would guide states in their regulation of nontraditional legal services. Resolution 105 provides model regulatory objectives for state regulators considering how to regulate nontraditional legal service providers. These providers include online startup businesses and corporations, but also practitioners like the limited license legal technicians recently authorized in the state of Washington. The heart of the debate was over...
IBM’s Watson Can Sense Sadness in Your Writing
March 13, 2016
The AI just got a big emotion-detecting upgrade. Artificial intelligence won't be truly convincing until it can understand emotions. What good is a robot that can't understand the nuances of what you're really saying? IBM thinks it can help, though. It just gave Watson an upgrade that includes a much-improved Tone Analyzer. The AI now detects a wide range of emotions in your writing, including joy or sadness. If you tell everyone that you're fine when you're really down in the dumps, Watson should...
March 13, 2016
The AI just got a big emotion-detecting upgrade. Artificial intelligence won't be truly convincing until it can understand emotions. What good is a robot that can't understand the nuances of what you're really saying? IBM thinks it can help, though. It just gave Watson an upgrade that includes a much-improved Tone Analyzer. The AI now detects a wide range of emotions in your writing, including joy or sadness. If you tell everyone that you're fine when you're really down in the dumps, Watson should...
Harvard Law Prof Says Technology Will Replace Some Lawyers – How Many
March 12, 2016
HLS Professor David Wilkins, Director of Harvard's Center for the Legal Profession, which studies the impact of globalization on the delivery of legal services, says that technology will "of course" replace the need to hire some lawyers. The only question is how large the impact will be. His remarks are included in an article entitled The Laws of Adaptation published in the fall edition of the Harvard Law Bulletin. Here's an excerpt: The warning bells have been ringing for at least two decades:...
March 12, 2016
HLS Professor David Wilkins, Director of Harvard's Center for the Legal Profession, which studies the impact of globalization on the delivery of legal services, says that technology will "of course" replace the need to hire some lawyers. The only question is how large the impact will be. His remarks are included in an article entitled The Laws of Adaptation published in the fall edition of the Harvard Law Bulletin. Here's an excerpt: The warning bells have been ringing for at least two decades:...
Opternative Raises $6 Million for Online Eye Exams
March 6, 2016
Tech companies are putting an ever-wider array of health-related services into patients’ hands, and despite regulatory hurdles, investors are lining up to back them. In the latest such deal, Chicago startup Opternative Inc. has raised $6 million in Series A venture funding for an app that lets people take an eye exam using their smartphones and a personal computer at home. In 2015, telehealth startups such as Joyable and Talkspace for mental health, Curology for dermatology, and many others...
March 6, 2016
Tech companies are putting an ever-wider array of health-related services into patients’ hands, and despite regulatory hurdles, investors are lining up to back them. In the latest such deal, Chicago startup Opternative Inc. has raised $6 million in Series A venture funding for an app that lets people take an eye exam using their smartphones and a personal computer at home. In 2015, telehealth startups such as Joyable and Talkspace for mental health, Curology for dermatology, and many others...
19-Year-Old Made Free Robot That Appealed $3 Million In Parking Tickets
March 5, 2016
Hiring a lawyer for a parking-ticket appeal is not only a headache, but it can also cost more than the ticket itself. Depending on the case and the lawyer, an appeal — a legal process where you argue out of paying the fine — can cost between $400 to $900. But with the help of a robot made by British programmer Joshua Browder, 19, it costs nothing. Browder's bot handles questions about parking-ticket appeals in the UK. Since launching in late 2015, it has successfully appealed $3 million worth...
March 5, 2016
Hiring a lawyer for a parking-ticket appeal is not only a headache, but it can also cost more than the ticket itself. Depending on the case and the lawyer, an appeal — a legal process where you argue out of paying the fine — can cost between $400 to $900. But with the help of a robot made by British programmer Joshua Browder, 19, it costs nothing. Browder's bot handles questions about parking-ticket appeals in the UK. Since launching in late 2015, it has successfully appealed $3 million worth...
