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That astounding sum is especially noteworthy because Magic Leap has not released a beta version of its product, not even to developers. Aside from potential investors and advisers, few people have been allowed to see the gear in action, and the combination of funding and mystery has fueled rampant curiosity. But to really understand what’s happening at Magic Leap, you need to also understand the tidal wave surging through the entire tech industry. All the major players—Facebook, Google, Apple, Amazon, Microsoft, Sony, Samsung—have whole groups dedicated to artificial reality, and they’re hiring more engineers daily. Facebook alone has over 400 people working on VR. Then there are some 230 other companies, such as Meta, the Void, Atheer, Lytro, and 8i, working furiously on hardware and content for this new platform. To fully appreciate Magic Leap’s gravitational pull, you really must see this emerging industry—every virtual-reality and mixed-reality headset, every VR camera technique, all the novel VR applications, beta-version VR games, every prototype VR social world.

Like I did—over the past five months.

Then you will understand just how fundamental virtual reality technology will be, and why businesses like Magic Leap have an opportunity to become some of the largest companies ever created.

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AI has been around for over 50 years. So, no it is not new technology. However, what is new is the various breeds of AI. Online bot technology is where folks can expect a larger immediate return. physical Robotics is still not going to deliver at the level that the consumers and various businesses require for adoption on a massive scale. Again, quantum and bio-computing will improve robotics as well as other areas of AI.


The history of technology, whether of the last five or five hundred years, is often told as a series of pivotal events or the actions of larger-than-life individuals, of endless “revolutions” and “disruptive” innovations that “change everything.” It is history as hype, offering a distorted view of the past, sometimes through the tinted lenses of contemporary fads and preoccupations.

In contrast, ENIAC in Action: Making and Remaking the Modern Computer, is a nuanced, engaging and thoroughly researched account of the early days of computers, the people who built and operated them, and their old and new applications. Say the authors, Thomas Haigh, Mark Priestley and Crispin Rope:

The titles of dozens of books have tried to lure a broad audience to an obscure topic by touting an idea, a fish, a dog, a map, a condiment, or a machine as having “changed the world”… One of the luxuries of writing an obscure academic book is that one is not required to embrace such simplistic conceptions of history.

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I am still not convinced that everyone fully understands how bot technology is about to change IoT and its impact to online business industry. Let me share a few ideas: Financial Auditing and accounting. Bots will be able to do a more thorough job in managing, tracking, reporting financials that many finance back office controls can be performed by bots and requiring a sign off by CFO/ Lead Controller. And, Accounting & Audit firms can easily leverage the technology to perform audits on companies remotely without having to send teams of auditors to a client’s site.

Here’s another one; I decide to set up a few 3D printers to make some unique seals for aircraft manufactures for their jets/ planes; and I need a call center plus online sales teams taking and processing orders. With bot technology my whole operation is automated and no need for sales people, call center folks, or operators. All I need is myself and couple of techies to manage the bot operations; and more profit for me and my team.

However, we still have to keep a tight oversight on hacking which is still a risk; however, we should see more micro-size companies spin up as a result of online bots and 3D printers in our immediate future.


Don’t even TRY to get Intersect Bot to talk about Trump or the Holocaust.

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Although this article is over 5 days old plus talks about the risks identified by TechInsurance company; it does highlight the potential new wave of lawsuits in the years to come that we could see flood the law offices and courts around AI. Also, it will be interested to see over the next 5 years how laws, reg. compliance, etc. will evolve with the deployment of AI.


Technology insurance provider reminds IT businesses that technical glitches and customer behavior are significant sources of risk.

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Scientists from ITMO University in Saint Petersburg, Russia have enabled the longer distance (250 Kilos) of secured data transmission occur via Quantum. Nice; and should be a wake up call to the US as well on advancing their efforts more.


A group of scientists from ITMO University in Saint Petersburg, Russia has developed a novel approach to the construction of quantum communication systems for secure data exchange. The experimental device based on the results of the research is capable of transmitting single-photon quantum signals across distances of 250 kilometers or more, which is on par with other cutting edge analogues. The research paper was published in the Optics Express journal.

Information security is becoming more and more of a critical issue not only for large companies, banks and defense enterprises, but even for small businesses and individual users. However, the data encryption algorithms we currently use for protecting our data are imperfect — in the long-term, their logic can be cracked. Regardless of how complex and intricate the algorithm is, getting round it is just the matter of time.

Contrary to algorithm-based encryption, systems that protect information by making use of the fundamental laws of quantum physics, can make data transmission completely immune to hacker attacks in the future. Information in a quantum channel is carried by single photons that change irreversibly once an eavesdropper attempts to intercept them. Therefore, the legitimate users will instantly know about any kind of intervention.

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I imagine that Alphabet has been already exploring the whole online bot technology with its cloud as well as other AI technology. However, one real opportunity in the online cloud services is the “personable” experiences for consumers and businesses. Granted big data & analytics in the cloud is proving to be exceptional for researchers and industry; however, how do we now make the leap to make things more of a personable experience as well as make it available/ attractive for individual consumers & small business especially we look at connected AI & singularity. Personally, I have not seen any viable and good answers at the moment to my question. Security & privacy still is a huge hurdle that must be addressed properly to ensure adoption by consumers from a personable experience perspective.


The market for cloud services is expected to skyrocket in the years ahead. With hundreds of billions of dollars at stake, industry leaders including Microsoft, IBM, and Alphabet are going all-in to capture their fair share of the cloud revenue pie. Alphabet has taken a different path than its tech brethren in the cloud market, but it appears that’s about to change.

Until recently, Alphabet seemed content to focus its cloud efforts on data hosting, or Infrastructure-as-a-Service (IaaS). Not a bad plan given that the amount of data amassed in today’s digital world is unparalleled and is expected to continue growing as consumers become more connected. But even at this early stage of the cloud, data hosting has become a commodity. The real opportunity lies in cloud-based Software-as-a-Service (SaaS) and data analytics solutions, which Alphabet is beginning to address.

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The digital universe — all the data contained in our computer files, historic archives, movies, photo collections and the exploding volume of digital information collected by businesses and devices worldwide — is expected to hit 44 trillion gigabytes by 2020.


Researchers have developed one of the first complete systems to store digital data in DNA — allowing companies to store data that today would fill a big box store supercenter in a space the size of a sugar cube.

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IRobot is going after the military dollars. Smart move given that the military in all branches are trying to modernize with AI.


By Sandra I. Erwin.

Now officially in business as an independent company, iRobot’s former defense unit is gearing up to compete for Pentagon contracts in a market that has changed dramatically since the PackBot bomb-clearing robot became a military staple in Afghanistan and Iraq more than a decade ago.

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“Virtually all new fossil fuel-burning power-generation capacity will end up “stranded”. This is the argument of a paper by academics at Oxford university. We have grown used to the idea that it will be impossible to burn a large portion of estimated reserves of fossil fuels if the likely rise in global mean temperatures is to be kept below 2C. But fuels are not the only assets that might be stranded. A similar logic can be applied to parts of the capital stock.”

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