Hedge Funds Are Increasingly Turning to AI—and That Might Be a Problem
Financial firms have generally been slow to accept artificially intelligent stock pickers. They have already invested billions collectively to bring in quantitative analysts, who do major number crunching as well as develop powerful non-AI algorithms.… Read more
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In Russia, There’s an AI Helper That Makes Fun of You—and It’s Wildly Popular
The unfailingly polite tone of personal assistants like Siri and Alexa isn’t to everyone’s taste. Many in Russia, in fact, seem to prefer their AI helpers with sass and a dark sense of humor.
Digital Pills Track How Patients Use Opioids
New pill capsules that send a message to a smartphone as they move through the GI tract have emerged as a way to track whether patients are taking their medicine as prescribed. The problem of nonadherence to medication instructions causes about 125,000...Read the full story →
As it Turns Out, the SEC Doesn’t Completely Hate ICOs
Hours after the Securities and Exchange Commission announced Monday that it had halted a second initial coin offering in less than a week, SEC chair Jay Clayton published a lengthy statement expressing his views on the controversial new fund-raising… Read more
- Chip Somodevilla | Getty Images
A Wannabe Tesla Rival Appears to Be on a Knife Edge
The electric-car startup Faraday Future is reported to be in dire financial straits. Its FF91 car is billed to have a 378-mile range, 1,050 horsepower, and a 0-to-60 time of 2.39 seconds—but reports suggest that there may never be enough money to actually… Read more
Should We Have a Meat Tax?
Call it the burger lover’s dilemma: we know deep down that it’s awful for the planet, but the beef patty tastes so damn good.
What Do Bitcoin Futures Mean for the Future of Bitcoin?
Great question, so glad you asked.
A big securities exchange in Chicago on Sunday began selling Bitcoin futures for the first time, something seen by many as an important step toward mainstream usage. But what this really means for Bitcoin and its users… Read more
- yuan2003 | Flickr
Apps That Hint at a Fanciful Fake Future
Right now, one of the best gadgets for viewing augmented reality or virtual reality may be sitting in your pocket.
Smartphones, especially newer, higher-end models, are getting really good at blending the real and the virtual (as in AR) and transporting...Read the full story →
Microsoft Announces $50 Million for Its “AI for Earth” Project
There are plenty of stories about artificial intelligence ending the world as we know it (see 2001: A Space Odyssey, The Terminator, certain Elon Musk tweets). There are fewer about how AI could save the world, but believers are out there. At a gathering… Read more
Self-Driving Cars Endanger Nearly Four Million Jobs but Could Create a $7 Trillion Industry
Fully autonomous vehicles would hit the U.S. workforce hard. According to the Bureau of Labor Statistics, over 3.8 million people operate motor vehicles for their livelihood. This includes truck driving, the most common profession in 29 U.S. states,… Read more
- Joshua Sazon | Unsplash