Large banks are industry leaders adopting AI to stay ahead of competition, provide greater customer service to customers, more relevant services and offerings, as well as helping transform many back end processes. How is USAA adopting AI to help?
Category: finance
The Royal Society is to create a network of disease modelling groups amid academic concern about the nation’s reliance on a single group of epidemiologists at Imperial College London whose predictions have dominated government policy, including the current lockdown.
It is to bring in modelling experts from fields as diverse as banking, astrophysics and the Met Office to build new mathematical representations of how the coronavirus epidemic is likely to spread across the UK — and how the lockdown can be ended.
The first public signs of academic tensions over Imperial’s domination of the debate came when Sunetra Gupta, professor of theoretical epidemiology at Oxford University, published a paper suggesting that some of Imperial’s key assumptions could be wrong.
Are we in for the Big Short II? The cyclical nature of markets spells an eventual collapse of the real estate prices in the U.S. following the next global stock market meltdown and global recession which will be drastically different the next time around. For one, the coming collapse is about to start a secular declining trend in property values. Secondly, after the collapse, the prices of properties won’t be able to recover like they did after the previous “property market corrections.”
Why? I hope we all may agree that oil, for example, will never recover to all-time highs. Similar premises hold true for the existing home values. There are multiple major socio-economic structural changes on the horizon contributing to this permanent decline which is in the cards right now. Also, many conventional linear projections won’t even apply anymore.
THE NEXT “CYCLICAL” GLOBAL RECESSION — the world’s stock markets are the best indication of things to come in the economic milieu. The next financially engineered global recession may be the last effort by the capital-controlling elite of Wall Street to keep political and economic control over the global population and maintain the faltering capitalist system as long as possible;
Quantum computers will revolutionize information technology, ushering in an era where certain types of calculations will be performed with almost unimaginable speed. Practical applications will include healthcare disciplines such as molecular biology and drug discovery; big data mining; financial services such as portfolio analysis and fraud detection; and artificial intelligence and machine learning.
The federal government is helping to create an environment in which quantum computing innovation and experimentation can flourish. The National Quantum Initiative Act puts $1.2 billion into the quantum research budgets of the Energy Department, the National Institute of Standards and Technology, NASA and the National Science Foundation. The law also outlines a 10-year plan to accelerate the development of quantum information science and technology applications.
Meanwhile, The White House’s Office of Science and Technology Policy is working to ensure that economic growth opportunities and opportunities for improving the world are baked into quantum policies and systems.
Computing giant IBM and the National University of Singapore (NUS) have embarked on a three-year collaboration to find ways to use quantum computing to solve real-world problems and train quantum scientists.
Quantum computers are currently used in many areas, including medical research into new drug development and the enhancement of cyber security in the financial sector.
The collaboration between IBM and NUS, announced yesterday, is the first of its kind in South-east Asia and gives NUS researchers access to 15 of IBM’s powerful quantum computing systems via a cloud service.
The 19 3D-printable parts that make up the mask are visible on the Maker Mask website along with details on materials needed, download instructions, videos, the ability to donate to the cause and more. The cost of each finished mask, printed in about three hours, is estimated to be between $2 and $3.
A technology veteran and a 3D-printing “savant” have teamed with other members of industry, health care and government to launch Maker Mask, a Seattle nonprofit creating medically endorsed, reusable protective masks using everyday 3D printers.
Jonathan Roberts, founder and partner at the Bellevue, Wash.-based venture capital firm Ignition Partners, is also a co-founder of RPrime, a nonprofit that is helping to fund the mask-making initiative. The former Microsoft executive said the goal is to address critical supply shortages and support “the real heroes on the front lines” of the COVID-19 pandemic.
The respirator-style mask with a replaceable HEPA filter and other commonly available parts, was developed by Rory Larson, a rapid prototyping expert with 10 years experience in engineering, CAD, 3D printing, CNC and small batch production manufacturing. It took just a week for the group, working with Larson’s design, to get a small production facility up and running out of Epiphany Parish in Seattle.
Astronomers may have one less (satellite) constellation to worry about.
Late Friday, OneWeb announced it had filed for Chapter 11 bankruptcy in a New York court. In a statement, the company said it had been in “advanced negotiations” since the beginning of the year to raise a new round of funding needed to complete its broadband satellite constellation. The company said it was close to completing that deal, but “the financial impact and market turbulence related to the spread of COVID-19” kept it from closing the deal.
OneWeb had just started large-scale deployment of its constellation, with Soyuz launches in early February and again March 21 each placing 34 satellites into orbit. Future launches are now on hold—launch services provider Arianespace was the largest single unsecured creditor identified in OneWeb’s bankruptcy, at $238 million—and may never resume, depending on who buys the company’s assets in a planned sale and their intentions for them.
Dr. Duc Vuong, World’s #1 Weight Loss Surgeon, Author of 13 books, explains how coronavirus kills its victims.
Talk with Dr. V Live at https://www.facebook.com/doctorvuong
Your comments are my oxygen, please take a second and say ‘Hi’ in the comments and let me and my team know what you thought of the video … p.s. It would mean the world to me if you hit the subscribe button wink
Do you struggle with Weight Regain? Get DR. V’s FREE 16 Page REPORT “15 Ways To Stop Weight Regain” now. https://www.sleeveacademy.com/regain
Dr. V helps people break through unwanted patterns and start over by teaching them simple, practical life strategies.
This is great information for gastric sleeve, gastric bypass, duodenal switch, minigastric bypass, or any weight loss surgery.
If you like this video, then come learn from Dr. V in person at his next live Weekend Workshop. Click here.
Dr. Duc Vuong is the World’s #1 Weight Loss Surgeon, author of 13 books, and the leading expert in education for the bariatric patient. His particular passion is in helping people break self-limiting cycles and start over again, regardless of the situation. He teaches transformational tools to impact mental, physical, and financial wellness. He believes that everyone can have more because they can be more.
Multiple institutions and medical societies have praised his intensive educational system. As the author of 13 books and several online courses, his aim is to fill the shortage of educational resources for patients who have had or are considering weight loss surgery.
Although trained in Western medicine, he blends traditional Eastern teachings with the latest in science and technology. Dr. Vuong was featured in TLC’s hit show, 900 Pound Man: Race Against Time, and is currently working on his own weekly television show.
Learn more about Dr. V at https://www.DucVuong.com
Updated 3/24/20 11:35pm: New bill text inserted at the bottom with press release from the bill sponsor.
A bill has surfaced in the Senate called the ‘Banking For All Act’, sponsored by the Ranking Member of the Senate Banking Committee, U.S. Senator Sherrod Brown (D-OH). In the press release, Senator Brown lays out the details of his bill as well as how he looks forward to urging his colleagues to include it as part of the coronavirus economic stimulus package.
The Army has a message for its retirees: Uncle Sam wants you to help fight the novel coronavirus.
A message sent by Defense Finance and Accounting Services, which processes and dispenses retiree pay, asked troops who had previously served in specific health care specialties to consider “re-joining the team” to address the current pandemic crisis. It’s signed by Lt. Gen. Thomas Seamands, deputy chief of staff for U.S. Army Personnel, G-1.
“We need to hear from you STAT!” reads the message, obtained by Military.com.