The power of A.I. can reach deeper than just recommending which show to binge on Netflix. It can also be used to analyze millions of images to predict things like income, political leanings, and buying habits. Steve Lohr, Technology and Economics Reporter at The New York Times, joined us to discuss artificial intelligence's full potential when it comes to predictive analytics.
Lohr's recent piece in The New York Times highlights a Stanford study that used 50 million images from Google Street View to give a glimpse of A.I.'s ability to gather data. He explains that researchers identified 22 million cars to draw conclusions about information such as which political candidate a particular zip code favored. The project took just 2 weeks to classify all the cars. In his piece, Lohr points out that without the help of AI, it would take human experts over 15 years to accomplish that task.
This type of data collection raises concerns over privacy and issues of data access. He says most of predictive analysis has been used for commercial purposes and selling products. The use of data becomes scary when it becomes integrated into decisions such as hiring, he says, because the mistakes become more costly.
The two-year old startup plans to build a network of satellites to allow cellphones to connect to a network anywhere on Earth's surface.
These are the headlines you Need 2 Know for Monday, Aug. 12, 2019.
This fence bends up to 8 inches.
Michael Sonnenshein, managing director of Grayscale, told Cheddar that recent developments in the U.S.-China trade war are proving to be evidence that Bitcoin has emerged as a safe-haven asset.
This salmon cannon was developed to help fish pass over dams in seconds, rather than days.
Virgin Hyperloop One has taken its show on the road. The Los Angeles-based company is currently visiting multiple cities across the country to showcase its XP-1 hyperloop pod, which completed the world's first full-system hyperloop test in 2017.
Millennials are largely forgoing traditional manufacturing sectors and instead investing in digital technology companies that they’re familiar with, according to a new survey.
Cannabis industry networking group Women Grow is teaming up with fashion designer Korto Momolu, of Project Runway fame, on a new line of cannabis lifestyle clothing, set to debut during New York Fashion Week next month. Momolu will unveil her line, inspired by Women Grow and its leaders, on the second night of one of the most important weeks for the global fashion industry.
Uber posted $2.87 billion in revenues, compared to the $3.36 billion that analysts had expected. The company also reported $4.72 in losses per share, more than a dollar off of analysts’ expectations of just $3.12.
With so many products and influencers online, it can be hard to make your mark. Cheddar breaks down four ways you can grow your brand's recognition online.
________________
Check out [Wix](https://www.wix.com/?utm_campaign=bd_Influencers_cheddar) to find out how to build your business on the web.
