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Artificial Intelligence: Advancing the Workforce of the Future

Artificial intelligence, or AI, is a rapidly growing industry that has the potential to lead our workforce into the future, with its unique ability to not only create jobs in its own field but also modernize other fields with cutting-edge technologies and machines
Skills in AI are highly sought after and give students a competitive edge when entering the job market. According to Kimberly Doyle at Infosec Resources, which tracks trends in security education, cyberthreats, and career development, more than 50,000 job openings are currently posted on Indeed for “artificial intelligence.” The Bureau of Labor Statistics projects a 15% increase in computer and information research jobs from 2019 to 2029, including positions like AI specialists and machine learning engineers. According to the 2021 Stanford AI Index report, AI has permeated nearly every industry in the global job market.
Arizona and Phoenix, which are home to the ten Maricopa Community Colleges, were projected to see 21,535 AI employment opportunities in 2020, which was 6% above the national average. Our local demand for AI talent is increasing in Maricopa County, and careers are projected to grow faster than the average rate for all employment over the next decade. Research done by our district’s Workforce and Economic Development Office estimates an increase of 22.4% for these roles by 2029, according to Economic Modeling Specialists Inc.
Continue reading: https://www.diverseeducation.com/from-the-magazine/article/15293632/artificial-intelligence-advancing-the-workforce-of-the-future

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Why AI could be the best marketing solution you’re already using

There’s a whole host of misinformation and uncertainty when it comes to artificial intelligence (AI). From the notion that ‘the robots are taking over’ to confusion about what AI actually is. There’s a clear need to demystify this smart technology. 
What many people don’t realize is that AI is already embedded in our daily lives. It’s often without us realizing. From the service chatbots we chat to online, to the predictive text option on our smart devices. AI is all around us, everywhere.
For businesses, using AI to automate workflows and streamline processes has become mainstream. In fact, AI is now heavily embedded in marketing. From data analytics to EDM distribution, it’s helping all functions of digital. And now, AI is involved in almost every aspect of marketing. 
AI is increasingly entering into the public sphere. Tools such as DALL·E Mini spark conversation over the life-like AI-generated creations. Now, it’s understandable that marketers are becoming nervous about their future roles. How much can this technology really replace?
But the reality is that AI isn’t here to steal people’s jobs. It’s simply a helpful tool for us to conveniently and efficiently sort enormous amounts of data. At the end of the day, AI needs to be given instructions and training to provide better decision support to marketers. This is why AI is the help that small marketing teams have long been crying out for. As well as this, savvy marketers would do well to use AI more.
Continue reading: https://www.marketingmag.com.au/featured/why-ai-could-be-the-best-marketing-solution-youre-already-using/

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Building on the Blockchain? Here's What You Need to Know

In the last few weeks, Bitcoin has hit incredible lows. At the time of writing this, crypto analysts, who are strangely usually wrong about crypto, say it has broken resistance and will go lower.
Some say it may even hit the 20,000 mark. So it's fair to say that the interest in cryptocurrencies, alongside trust in moon hype, has subsided. However, what hasn't subsided is the interest in the blockchain.
People might be less interested in buying crypto today than they were a year ago, but most people interested in the blockchain 12 years ago are still interested in it.
If you are one of those people and think that the internet of the future will be built on the blockchain, congratulations. You're probably right. All the signs of Web3's capacity to eat Web2 are already there, and it's probably smart to start working on that assumption.
To plan for that future, you might be interested in building something on the blockchain. It may be a Dapp, it may be a protocol — it could be something entirely novel. But since Web3 is still a pretty nebulous concept, as many people still don't know what they mean when they refer to it, it's difficult to find sources on what people need to know if they are building in it.
That's why we'll be going through some of the things you should know if you think building on the blockchain is something worth your while.
Do you need a blockchain?
This is probably the first question you need to answer. Before you dive head first into the very complicated business of building a Dapp or a protocol, you need to know whether it's vital to your business.
If your business requires a central authority, speed over security, and doesn't require a database, auditable history or a trustless environment, you might be better served sticking to traditional systems.
Continue reading: https://www.entrepreneur.com/article/429706

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Bankruptcy And Crypto

Over the past few years, many investors have used cutting edge financial products, like crypto exchanges, to make significant profits. Now, that the markets are turning, many are wondering how protected they will be in the event of collapse of a crypto exchange. We’re about to find out the hard way as those cutting edge financial platforms are being put on trial in bankruptcy courts for the first time. Although many of these products have been around for much of the past decade, in a booming market bankruptcy filings are few and far between.
Crypto has been around for more than a decade, but there is little to look at for guidance because things have generally gone well for crypto companies. Aside from crypto lending platform Cred, which filed for bankruptcy in 2020, the only other noteworthy precedent for a crypto bankruptcy case is Tokyo-based Mt. Gox – the largest exchange for BitcoinBTC +2.7% in 2010 that collapsed in 2014; that was a Chapter 15 case (where representatives of a corporate bankruptcy proceeding outside the U.S. obtain access to U.S. courts).
After the past few months of a crushing “crypto winter,” the avalanche of filings is on its way. First was Canadian crypto broker and lender Voyager Digital, which was recently forced to hastily file for Chapter 11 bankruptcy in New York, after having suspended account holders from withdrawing assets from their accounts. Voyager had lent $650 million worth of crypto to a hedge fund, Three Arrows, which also went under. Voyager hired the prominent law firm Kirkland & Ellis to represent it in its bankruptcy proceedings, which it filed under duress. In the papers Voyager submitted to the bankruptcy court Voyager argued that it already had a tentative plan of restructuring. According to its plan, account holders would be repaid in the form of crypto “coins” and “tokens”, in addition to proceeds from the litigation with Three Arrows, and some equity in a future reorganized Voyager.
Then, several days later, crypto lending platform Celsius, which refers to itself as “a crypto bank” – it charges interest when lending out crypto, and enables crypto deposits to earn their own interest – confirmed that it has initiated Chapter 11 bankruptcy proceedings as well. And if the Terra/LunaLUNA +3.2% stablecoin crash a couple of months ago was not enough to signal that things are about to get ugly (like the Bear Stearns' impending collapse in 2008 that regulators prevented by arranging for a distressed sale to J.P. Morgan Chase) the Celsius collapse has already been labelled by some as a “Lehman Brothers moment” for the crypto industry.
Continue reading: https://www.forbes.com/sites/nizangpackin/2022/07/15/bankruptcy-and-crypto/?sh=1bd723d37df5

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How Blockchain Brought Solid Level Security To Fortune 500 Companies

Cybercrime is estimated to cost the world more than $10 trillion annually by 2025. If measured as the GDP of a country, that would represent the third biggest economy in the world after the U.S. and China.
That shows that not only should governmental institutions and banks invest in cybersecurity but private corporations as well. In fact, giants like US Bank, JPMorgan Chase, Bank of America and IBM are some of the early adopters of blockchain technology.
With the technological advancement of cybercrime, cybersecurity must take a step forward. With the implementation of private blockchain OS, cybersecurity reaches a whole new level.
Fortune 500 Blockchain Plans
According to a survey of top fintech and tech companies by Synechron, 94% of companies had plans related to blockchain initiatives in the near future. Some of the world's largest companies are beginning to realize the potential that blockchain can bring.
Samsung implemented blockchain security for the virtual assets of its users. It came up with a series of apps that allows users to store information safely, including crypto addresses and amounts. In addition, Private Share brings encrypted chatting capabilities to the table.
In 2019, Google partnered with Chainlink to create a blockchain project that entailed processing future contracts at a safer level, including enhancing the privacy of transactions.
Of course, there are those that failed. In 2019, for example, Facebook (now Meta) had an idea to air its own cryptocurrency called Libra. It had originally gained the support of financial partners like Visa, PayPal, eBay, Stripe and MasterCard. However, regulators questioned the plan, and it ended up falling through.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/18/how-blockchain-brought-solid-level-security-to-fortune-500-companies/?sh=14cb3c932df7

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Bridging the blockchain ‘multiverse’

Growing up, Emman Navalan was always fascinated with computers. He spent a lot of time playing computer games. In college, he studied the basics of coding and computer programming as a Civil Engineering student from University of Santo Tomas.
In 2016, he became interested in Web3, said to be the future of the internet that is anchored on blockchains. He also got into cryptocurrencies but quickly realized the risks.
“Being fascinated by the concept of blockchain, I started to trade without any idea about how it works, and the experience of losing money led me to read about different Web3 projects that allowed me to understand how it really works,” shares the 30-year-old technopreneur.
During the pandemic, he was exposed to different markets and fintechs, which led him to cofound Tetrix Network in 2021, a project under tech solutions company Viridian Technologies Inc. of which he is also the CEO and founder.
Tetrix Network is an interconnected ecosystem that allows data transfers across different ecosystems or blockchain networks.
Blockchain, the technology that powers the trading of cryptos and nonfungible tokens (NFTs), and enables decentralized applications (dApps), is a distributed database that exists on multiple connected computers. ‘Pitaka’
Navalan’s group recently launched Pitaka, a crypto wallet built on top of Tetrix that can transact with multiple networks. They are also developing Lobi, a messaging app integrated with Pitaka. The apps built on Tetrix, along with their WordPress-like features for dApps and blockchain development, aim to provide a more user-friendly experience. Unlike most blockchains, Tetrix offers the flexibility to build and connect to other blockchain networks, supporting various digital projects.
Continue reading: https://business.inquirer.net/353279/bridging-the-blockchain-multiverse

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What Does Web3 Really Mean?

  • Web3 refers to a decentralized version of the web, with a money layer, and in which users take independent ownership of their own data and digital identity.
  • Web3 is speculative and a work-in-progress, but looking at the history of the internet and the development of crypto, it fits naturally into the tech timeline.
During a crypto bear market, and particularly when a macro-financial storm is blowing across the globe, it is easy to lose sight of why crypto pulled attention in the first place. Sentiment is negative and doom-laden, which is exactly the time to return to first principles and get a handle on what is being built and advanced towards, and for what purpose.
Over the last year or so, a lot of hype has been built up around NFTs and the metaverse, with both of those sectors falling within a wider category that is being referred to as web3. As a result, that web3 label is now used loosely, and sometimes even simply as a synonym for crypto, particularly crypto that is related to smart contract blockchains, such as Ethereum and Solana.
As a result, when people begin to doubt crypto, then they might also start to feel a similar way towards the concept of web3 as a whole. That is, bearish on crypto and bearish on web3.
This, however, is like doubting that technological advances will continue simply because tech stocks are down. Or, more concretely, like giving up on the internet after the dot com bubble burst. At such a time, It is worth considering in context exactly what web3 is supposed to mean, where it might be leading, and the likelihood that it will be a key part of the narrative when, as they eventually must, sentiment and structural set-ups reverse back into the beginnings of a bullish phase.
Continue reading: https://www.financemagnates.com/cryptocurrency/what-does-web3-really-mean/

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What To Look For In Machine Learning For Cybersecurity Solutions

Providing effective cybersecurity measures for your organization is like playing a very serious cat-and-mouse game. If you aren’t familiar with the idiom, cat and mouse is an interaction in which the advantage continually shifts between the contestants. One moment, the cat appears ready to pounce on the mouse, and the next moment, the mouse dodges the advance. Then, the cat blocks the mouse’s path but the mouse jukes and goes the other way.
In the cyberworld, the “game” pits your computing environment—protected by your skilled but overworked security team—against a range of miscreants and nation-state-sponsored actors seeking illicit access to your crown jewels. The stakes are high, and should your team lose a round, you’ll soon learn this is no game at all.
Cybersecurity platforms and tools have been evolving to try to give the good guys a permanent upper hand. Not long ago, security tools used static signatures—a sort of watch list—to compare against. For example, a perimeter firewall would look at inbound traffic and ask: Does it come from a known malicious sender? Is the payload malware we can identify? Are there any indicators of compromise (IoCs) that concern us?
The key to using signatures to identify malicious traffic and activity is that you have to develop them in advance. The cat has to know that the mouse will always take the left escape route and then plan accordingly. That doesn’t happen in real life.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/14/what-to-look-for-in-machine-learning-for-cybersecurity-solutions/?sh=54208092b21e

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Why The AI Revolution Is All About Augmentation

People who are skeptical of artificial intelligence (AI) and machine learning (ML) often harbor fears of robots stealing jobs and human workers being replaced by automatons. But the reality is that AI is increasingly being applied across sectors not to replace our jobs but to enhance them. AI and ML applications are augmenting every facet of how we do business, giving knowledge workers superpowers to be more productive, capable and effective than ever before.
As a founding partner at an investment firm specializing in technology, I have a ringside view of the ways that companies are integrating new intelligent software into their business practices, bringing breakthrough solutions to major problems and opening up new opportunities for revenue growth. With the ability to avoid hours of menial labor and solve problems that were previously insurmountable, companies can elevate human potential in unprecedented ways. In this article, I examine the ways in which several major industries are turning AI into IA (intelligent augmentation) to augment their businesses like never before.
Financial Services
From detecting fraud to powering AI-enabled digital assistants, financial institutions are using AI and ML to enhance almost every aspect of business.
One key element of the customer experience is the ability to receive 24/7 access to accounts and other financial services. Financial institutions are using autonomous digital assistants powered by natural language processing to offer round-the-clock financial guidance, generating insights and anticipating customer needs. Corporate finance departments are also using AI and ML to help predict and assess loan risks. ML is a powerful tool to improve loan underwriting, reduce financial risk and fight financial crime by detecting anomalous activity. While it was previously next to impossible to glean insights from large amounts of structured and unstructured data, AI and ML tools have made it so that you don’t need to be a data scientist to understand the data. Finally, finance teams are now able to automate complex processes to minimize menial labor and better protect against fraud.
Continue reading: https://www.forbes.com/sites/forbesbusinesscouncil/2022/07/15/why-the-ai-revolution-is-all-about-augmentation/?sh=30cffd185eb2

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AI For RevOps: Ready For Takeoff

Despite the vast amount of data available today, it continues to be difficult for marketing teams to showcase their value to the rest of the business and highlight the most meaningful moments of the customer journey. This inability to clearly link marketing activities to revenue outcomes creates a credibility gap between marketing teams and the rest of the business. Data continues to be overwhelming in volume and increasingly difficult to rationalize. This makes it challenging for marketers to truly understand the meaning behind the data they are gathering and analyzing.
To solve this, businesses are increasingly looking to AI. However, most businesses that do try to implement AI are not aware that a unified RevOps data model is a prerequisite to experiencing the full value of AI. A true RevOps data model creates a single way of understanding the customer journey, from initial engagement to past close. Without this, AI won’t have the training data to correlate marketing activities with their eventual revenue outcomes.
Closing The Marketing Credibility Gap With AI
AI is the key to unlocking the next level of benefits of a RevOps approach and closing the marketing credibility gap. By providing prescriptive insight throughout the RevOps cycle, AI can help identify key patterns and trends like the anatomy of a deal. This unveils the personas, content and moments that are most influential in driving business outcomes but also highlights when (along the revenue life cycle) variables of an opportunity are most relevant. By connecting the dots across the customer journey to unearth the anatomy of the deal, AI can help identify what’s working versus what’s not.
While it seems like AI is the obvious solution, the benefits of implementing AI models have not been fully realized. Of the 90% of companies that have made some investment in AI, fewer than 2 out of 5 report business gains in the past three years.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/15/ai-for-revops-ready-for-takeoff/?sh=198b65b6b832

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How To Use AI To Eliminate Bias

“We don't see things as they are, we see them as we are.” So wrote Anais Nin, rather succinctly describing the unfortunate melange of biases that accompany these otherwise perfectly well-functioning human brains of ours.
In a business context, affinity bias, confirmation bias, attribution bias, and the halo effect, some of the better known of these errors of reasoning, really just scratch the surface. In aggregate, they leave a trail of offenses and errors in their wake.
Of course, the most pernicious of our human biases are those that prejudice us for or against our fellow humans on the basis of age, race, gender, religion, or physical appearance. Try as we do to purify ourselves, our work environments, and our society from these distortions, they still worm their way into—well, just about everything that we think and do—even modern technologies, like AI.
Critics say that AI makes bias worse
Since AI was first deployed in hiring, loan approvals, insurance premium modeling, facial recognition, law enforcement, and a constellation of other applications, critics have—with considerable justification—pointed out the technology’s propensity for bias.
Google’s Bidirectional Encoder Representations from Transformers (BERT), for example, is a leading Natural Language Processing (NLP) model that developers can use to build their own AI. BERT was originally built using Wikipedia text as its principle source. What’s wrong with that? The overwhelming majority of Wikipedia's contributors are white males from Europe and North America. As a result, one of the most important sources of language-based AI began its life with a biased perspective baked-in.
A similar problem was found in Computer Vision, another key area of AI development. Facial recognition datasets comprising hundreds of thousands of annotated faces are critical to the development of facial recognition applications used for cybersecurity, law enforcement, and even customer service. It turned out, however, that the (presumably mostly white, middle-aged male) developers unconsciously did a better job achieving accuracy for people like themselves. Error rates for women, children, the elderly, and people of color were much higher than those for middle-aged white men. As a result, IBM, Amazon, and Microsoft were forced to cease sales of their facial recognition technology to law enforcement in 2020, for fear that these biases would result in wrongful identification of suspects.
For more on all of this, I encourage you to watch the important and sometimes-chilling documentary Coded Bias.
What if AI is actually part of the solution to bias?
A better understanding of the phenomenon of bias in AI reveals, however, that AI merely exposes and amplifies implicit biases that already existed, but were overlooked or misunderstood. AI itself is agnostic to color, gender, age, and other biases. It is not vulnerable to the logical fallacies and cognitive biases that trouble humans. The only reason we see bias in AI at all is because of heuristical errors and biased data that humans sometimes train it with.
Since the discovery of the biases stated above (a PR disaster, I assure you), all of the major technology companies have been working to improve datasets and eliminate bias. One way to eliminate bias in AI?—by using AI! If that seems unlikely, read on.
Continue reading: https://www.forbes.com/sites/glenngow/2022/07/17/how-to-use-ai-to-eliminate-bias/?sh=3bfb4a331f1f

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Blockchain For CEOs

CEOs often ask me: “What is blockchain, and what impact will it have?” After tapping into Forrester’s research, here’s my answer.
Definition
Blockchain is a computer program that lets two parties exchange value in a trusted and verifiable way, even if they don’t know or trust each other. Depending on the type of blockchain, that value could be cryptocurrency, food, messages, information, digital art, or real art. The important fact is that the programming, through its design and use of encryption, can guarantee transactions without having to verify the dependability or trustworthiness of the sellers and buyers. I like this quick video I found on YouTube that explains the rudiments of how blockchains work.
Three Realities
 
  1. Blockchain appears to be sexy. Utopianists, tech-hipsters, libertarians, entrepreneurs, tech-artistes, preppers, and other players (criminal and not) have flocked to the tech. Why? Because they see it as, in no particular order: a way to destroy Facebook, Google, and the rest of “Big Tech”; a way to escape the control of “Big Banks,” “Big Insurance,” “Big Government,” “Big Whatever”; a way to get rich quick; or a way to reconstruct society into a freer and user-controlled form, using code. The favored narrative is that the Web was stolen by the Amazons of the world and can now be taken back by blockchain through the elimination of the middleman.
  2. Blockchain is not sexy. Two problems: 1) Someone must maintain the blockchain and 2) The tech is complex. The former factor means that you either have to concoct expensive schemes like mining to incent people to maintain the network or you must include a transaction fee structure in the blockchain. These costs are unpredictable and difficult to administer. The second factor, complexity, means that dreaded middlemen are all over blockchains — from the programmers that created them and can change them, to entry ramps like Coinbase and FTX, to third-party services like OpenSea, Infura, and Alchemy. And that’s not including the ecosystem rent-seekers like Gisele Bündchen who get paid to sponsor, entrepreneurs who are attempting to generate quick wealth off a technology that is supposed to be “for the people,” and the venture capitalists like Andreessen Horowitz and Peter Thiel who cheerlead to create a new funding segment.
    [/LIST=1]
    Continue reading: https://www.forbes.com/sites/forrester/2022/07/13/blockchain-for-ceos/?sh=6a110cfd382a

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What Are the Four Kinds of Blockchains?

You may have come across the term “blockchain” on social media or online news covering cryptocurrency or during a conversation on the future of technology. In a nutshell, blockchain serves as a shared, unchangeable, digital record of pieces of information (such as transactions) stored in computers or servers.
Benefits of blockchain
Both blockchain and cryptocurrencies are frequently associated with each other by definition, because cryptocurrencies rely on blockchain technology to exist. They aren't the same, but the blockchain technology that underpins crypto does offer many benefits, including the following:
  • Security
  • Transparency
  • Automation
  • Efficiency
  • Cost reduction
Four kinds of blockchain
Public
A public blockchain is permissionless, meaning it is fully decentralized and anyone can participate in it. This allows users with an internet connection to access, download and join the blockchain as an authorized node. All the nodes within the blockchain have equal rights to access and interact with the network. This kind of blockchain is often used for exchanging and mining cryptocurrency. The most widespread consensus mechanisms used in public blockchains are proof-of-work and proof-of-stake.
Pros of a public blockchain:
  • Open to the public – Anyone can access the network.
  • Pseudonymous - You are not required to reveal your identity to be able to participate.
  • Decentralized – No central authority maintains the network.
  • Transparent – Anyone can have full access to the ledger at any given time, eliminating the chance of corruption or discrepancies within the network.
  • Immutability – Once blocks are created and inserted, it is practically impossible for anyone to change and manipulate the blockchain.
  • Rewards - As a miner or validator, you can earn rewards by discovering new blocks or for validating transactions on the blockchain network, depending on the consensus mechanism.
Continue reading: https://www.coindesk.com/learn/what-are-the-four-kinds-of-blockchains/

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Why We Need to Build Web3 Differently

What do a 3D TV and a Web3 avatar have in common? No one asked if anyone actually needed these things. While the 3D TV is no longer around, numerous Web3 projects continue to emerge, despite any proof that they actually have everyday utility. If you look at who is building the products of Web3 and whose needs those products serve, you start to realize that the builders look a lot like the same people who built Web2.
Tricia Wang is a tech ethnographer designing equity into systems. She co-founded Crypto Research and Design Lab (CRADL) with Sheila Warren and Lauren Serota. Web3athon is open for submission to anyone until August 7, 2022. Sign up here.
I’m a huge proponent of the idea that Web3 is for everyone, but we are on track to repeating Web2 where we had a small class of people building tools for everyone globally.
Web3 is supposed to pick up where Web2 failed
Many of the problems we had with Web2 came down to a lack of representation and participation by people building and using the tools, an infamous example being Google’s photo image recognition algorithm tagging Black people as gorillas. Web2 leaders designed and built in the direction that made them profitable (based around an extractive ad model) putting people’s needs and experiences second.
Despite mounting evidence that diverse teams can lead to better, more inclusive products, many of today’s Web3 builders are just Web2 builders with a hexagonal Twitter profile picture. But unlike Web2, it’s much easier for someone to start learning about Web3 and build a product that anyone can use. At least, in theory.
A key part of the Web3 promise is that the blockchain enables everyone to have sovereignty over their data, which is why Web3 is referred to as the “creator economy.”
That’s why in Web3 we need everyone to be a builder. Because when you control the use of your data (or your community’s data), you can do so much more with it. And being a builder doesn’t mean you have to write code (especially as we move towards a no to low-code Web3). It should also mean grokking the tech enough so that you can understand its use case scenarios and the larger environmental, social, policy and governance implications. But when so much of the Web3 dialog and headlines center around billionaires, scams and price volatility, it’s no wonder that some people may look at the industry and think “that’s not for me.”
Continue reading: https://www.nasdaq.com/articles/why-we-need-to-build-web3-differently

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Web3 And The Future Of Music

Streaming music services make it easier than ever for musicians to find an audience and get their songs heard. However, they have also made it harder for musicians to earn a living. Services like Spotify and Apple Music typically pay artists less than one cent per stream. This means that unless you are Taylor Swift or Ed Sheeran and pulling in millions of listeners, the rockstar lifestyle you dreamed of is unlikely to be within reach.
In fact, even being able to quit the day job and concentrate on music full time is out of reach for most aspiring professional musicians. But could Web3 be about to change that? The immersive, distributed platforms that many are touting as the next level of the internet could bring about new ways for artists and fans to connect in the metaverse. And the new breed of applications and platforms that it enables could allow songwriters and performers to tap into new funding models. So even if it won’t necessarily be a ticket to a world of mansions and private jets, it could allow thousands of people with a passion and talent for music to turn it into a source of income.
What is Web3?
Although different people may have different ideas about the details, what is generally agreed is that it represents the third major iteration of the web. The first web being the static, read-only HTML web pages that kickstarted it all, and the second web being the interactive, user-generated web of social media. Web3, it is generally believed, will be more immersive and experiential, involving 3D graphical user interfaces rather than flat pages of text. Importantly, thanks to technology like blockchain, cryptography, and distributed computing, it will also be decentralized. This means that rather than us all logging onto services and applications that are for the most part owned by huge corporations like Google, Facebook or Microsoft, we will, for the first time, fully own and be in control of our own data and how it is used. But how is this relevant to the world of music?
Continue reading: https://www.forbes.com/sites/bernardmarr/2022/07/13/web3-and-the-future-of-music/?sh=3941784b2a29

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Building The Ultimate AI Mind

I interviewed nine of the most brilliant minds in the AI space. Each of them possesses a unique perspective, vastly different paths to the world of AI, and one-of-a-kind approaches and principles on how AI can be used ethically to bring about positive change. What if we were able to take beliefs, values, best processes, and experiences from each of them to create one singular AI mind? Would that mind create a roadmap leading us to the light we all seek?
The Necessary Parts
I would start with Yevgeniya-Jane-Pinelis, at the Office of Chief, Digital and AI Officer. From here, we begin to build our ultimate AI mind with her experiences in the adoption of rigorous AI testing protocols and AI ethical principles in the Department of Defense. Her tireless advocacy of credible and objective Test and Evaluation and implementation of Responsible AI will ensure we do not abuse the power of AI. Her ideals of building "a virtuous cycle where we have some initial successes really implementing responsible AI technology which will in turn then lead to wider trust and adoption that then gives us even more opportunities to learn and improve our responsible AI infrastructure" gives us the perfect base to begin our build.
Next, from Atti Riazi, CIO of the Memorial Sloan Kettering Cancer Center, we could use her practical, no-nonsense view of AI. She told me that “ the application of technology often entails unintended consequences. We cannot simply incorporate technology without working to understand its long-term impacts. And because these can involve significant social issues, the tech sector needs to partner with governments, NGOs, and civil society for these impacts to be addressed responsibly…I'm a big believer in the power of technology, while I'm pessimistic about some of the consequences that are coming in, I do think that partnership is really critical."
Continue reading: https://www.forbes.com/sites/markminevich/2022/07/13/building-the-ultimate-ai-mind/?sh=67ce45d747fc

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How AI Regulations Are Shaping Its Current And Future Use

Within the past decade, there has been a worldwide boom in research and participation in artificial intelligence. Consistent research and development have been influenced by worldwide interest and are driving causes in the continued use and advancement of this technology.
Another key factor in recent advancements in AI is the availability of information. AI is an industry in which many of its publications are open source, meaning that researchers publicly share their findings. Developers can thus use any open-source library to produce their own “state-of-the-art” AI applications, and as a result, building machines has become more accessible.
Since 2015, the increase in the use of machine learning has resulted in the number of publications related to pattern recognition more than doubling. GPT-3, the AI that my company uses to generate customer-specific ads, uses machine learning to take in input text and generate large volumes of whatever prompt it receives. In the continued development of technology, AI repositories have promoted the publication of pre-peer-reviewed papers, helping researchers share their findings with others before sending in the final version.
According to the Artificial Intelligence Index Report 2022 from Stanford University, within the past 12 years, AI repository publications increased by 30 times and now consist of over 15% of all repository publications (pg. 32), and from 2010 to 2021, the number of AI publications has increased from 162,444 to 334,497 (pg. 17). To supplement the increased interest in AI, there has also been an influx of participation in AI. Within the past 10 years, the number of people who attended the biggest AI conferences each year went from about 10,000 to around 90,000, which is a strong indicator of the overall increase in industrial and academic interest in AI (pg. 41).
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/14/how-ai-regulations-are-shaping-its-current-and-future-use/?sh=615e16c63d40

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5 top women leaders on what's needed to bridge the gender gap

Each year the World Economic Forum releases the Global Gender Gap Report, research that highlights the world's most gender equal countries across dimensions like opportunity and health across 146 countries and reveals exactly how many years it will take for the world to finally reach gender parity.
According to this year's research, that parity will take 132 years, a 32% rise over 2020. To be sure, that's a slight improvement over 2021's numbers and recent years have seen some marginal progress. In fact, the top 10 economies have all closed more than 80% of their gender gap. Still, so many countries have been slow to bridge gaps in everything from political representation to education or pay.
For a better understanding on why these numbers are so slow to change and what can be done next, Meet the Leader talked to a range of women leaders in fields where women still hold small shares of the workforce.
We talked to them for their perspectives and expertise at two recent events: the Annual Meeting this may in Davos, Switzerland; and the Global Technology Governance Retreat in San Francisco this June. These women shared their thoughts and the steps that anyone can take to better help everyone from direct reports to colleagues and friends, bridge gaps and build opportunity.
Read the transcript below.
TRANSCRIPT - Bridging the gender gap
What's needed: Support women to support better living standards
Nela Richardson is the Chief Economist at ADP and the co-head of the ADP Research Institute, a thought leader on labor market and employee performance research. Here's her take on what's needed from an economic standpoint, given ADP data trends.
We're stalling. It's interesting, looking at the US data, women were 46% of the workforce before the pandemic but using ADP data we show that they took 53% of the losses. And the reason why is because women were over-indexed in those very sectors in industries that took the hardest hit during the pandemic: retail, healthcare education, and the list goes on.
Continue reading: https://www.weforum.org/agenda/2022/07/gender-gap-roundup-bias-training-networks-meetings/

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How to increase gender diversity in tech

It’s no secret that there is a significant shortage of women working in the Australian tech sector but is the answer to increasing gender diversity simply a matter of hiring more females?
Financy recently spoke to Sally Wallace of the global trip planning website, Rome2rio, who is hiring 40 people this year, many of them will be women but they won’t necessarily have tech backgrounds.
In this Q&A Sally explains how to think outside the box to achieve diversity in workplaces:
1. There has been a lot of conversation around the talent and skills shortage across industries, especially in tech. How can we solve this?
Hiring talent is a major challenge for all businesses in Australia right now. The country is suffering the second worst skills shortage in the developed world, according to the Organization for Economic Co-operation and Development (OECD). There are a few ways we can solve this crisis though, starting with education.
We need to be in schools and universities sharing the opportunities available in tech.
The industry needs to be working with educational institutions to ensure their curriculums and programs are catering to the skills needed for the future of work. This is a long-term solution though.
In the short to medium term, there are two options I believe companies need to focus on. Firstly, upskilling talent.
Continue reading: https://financy.com.au/how-to-increase-gender-diversity-in-tech/

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Women in Tech: What's in your wastewater with Zohar Scheinin

In this series, we explore the Israeli tech ecosystem through the eyes of the women who comprise it. Since higher gender inclusivity leads to better outcomes, the women featured in this series demonstrate to both Israel and the world that there is a place for women in the tech workspace
report that examined 70 Venture Capital funds and 424 private and VC-backed startups that are active in Israel revealed that the average percentage of women represented in companies is 33%. Though there is a more substantial presence of women in large companies (36%) than in smaller companies (30.8%), the representation of women in tech jobs is a mere 27%. When it comes to management roles, being a C-level executive, VP, or director, only 23.4% of these positions are filled by women. That is to say, less than a quarter of the decision-makers in the ecosystem are women. When looking at VCs, only 14.8% of the partners are women and only 9% are investing partners. This piece of data correlates with the percentage of companies that are founded by women in the tech industry which is 12%. These statistics reflect not only the Israeli tech ecosystem but also the global one, as the universal technology industry has only 31% overall female representation.
In order for the startup nation to continue to thrive, there needs to be more diversity within tech. Overall, higher gender inclusivity in the tech industry can lead to better outcomes, with more efficient decision making, bolstered innovation, and enhanced business and economic yields. And so, there is no reason why the human makeup of the ecosystem should not represent the number of women in the general population and the number of qualified women for these roles. Though there has been a significant increase in the number of women that are represented in the tech ecosystem in Israel, it is far from being enough. This series will focus on those women who have made it in tech and tell the stories of their journeys within the tech ecosystem– where they are now, and how they got there. We hope that this series will inspire other women to go after their tech-driven goals and not let gender biases, prejudices, and stereotypes get in their way; we hope to motivate companies to allocate considerable resources to the implementation of diversity programs and focus on expanding the pool of candidates that are underrepresented in the workforce; we hope to encourage government and educational institutions to take measures in providing the tools, support, and means necessary to enable a more diversified tech workforce.
Continue reading: https://www.geektime.com/women-in-tech-whats-in-your-wastewater-with-zohar-scheinin/

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The Top 3 AI Myths in Cybersecurity

Whether it’s in novels, or the movies based on them, artificial intelligence has been a subject of fascination for decades. The synthetic humans envisioned by Philip K. Dick remain (fortunately) the stuff of science fiction, artificial intelligence is real and playing an increasingly large role in many aspects of our lives.
While it’s fun to root against (or maybe for) human-like robots with AI brains, a much more mundane, but equally powerful form of AI is starting to play a role in cybersecurity.
The goal is for AI to be a force multiplier for hardworking security professionals. Security operations center (SOC) analysts, as we saw in the most recent Devo SOC Performance Report™, are often overwhelmed by the never-ending number of alerts that hit their screens each day. Alert fatigue has become an industry-wide cause of analyst burnout.
Ideally, AI could help SOC analysts keep pace with (and stay ahead of) clever and relentless threat actors who are using AI effectively for criminal or espionage purposes. But unfortunately, that doesn’t seem to be happening yet.
The Big AI Lie
Devo commissioned Wakefield Research to conduct a survey of 200 IT security professionals to determine how they feel about AI. The survey covers AI implementations that comprise a gamut of defensive disciplines including threat detection, breach risk prediction, and incident response/management.
Continue reading: https://www.csoonline.com/article/3665658/the-top-3-ai-myths-in-cybersecurity.html

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How Is Artificial Intelligence Re-Shaping Research?

Artificial Intelligence (AI) is playing an increasing role in the research process. AI-based algorithms are being used to improve the efficiency of research and to provide new perspectives on explored topics. They are valuable not only in drawing connections between different pieces of information but also in proposing and testing new hypotheses. 
AI Research Use Cases
A major advancement in artificial intelligence research recently came with a machine learning algorithm capable of inventing radical new proteins that can fight disease. Also, AI researchers are now developing algorithms that can search for scientific research papers and extract information from them to automatically correct scientific papers. Let’s take a look at some more uses cases of AI in research.
#1: Automated Data
Artificial intelligence is also used to optimize resources in research laboratories, automate the acquisition of data and facilitate the synthesis and analysis of complex datasets. For example, AI has recently been used to help manage the activities in large-scale, long-term studies by providing real-time guidance. An AI system may be able to monitor the health of each participant in a study and alert a scientist if a participant’s status changes.
Continue reading: https://www.iotforall.com/artificial-intelligence-in-research

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AI in business – how to use artificial intelligence to improve businesses

What is Artificial Intelligence?
Artificial intelligence (AI) refers to the use of advanced analysis and logic-based techniques like machine learning (ML) for interpreting events, supporting and automating decisions, and taking action. AI techniques can enable IT leaders and data analysts to solve an array of business problems and generate a considerable return on investment (ROI).
The main opportunities of artificial intelligence to create or accelerate the growth of the digital business are:
  • By identifying better ways of doing things by advanced probabilistic analysis of outcomes.
  • By directly interacting with systems that take actions to minimize human-intensive calculations and integration steps.
AI will reshape how work is done in the future as the technology will be able to replace some of the tasks typically performed by humans and change how everyday decisions are made.
How to successfully implement an enterprise AI strategy
Implementing an enterprise-wide AI that identifies use cases, aligns business and technology teams, quantifies benefits and risks, and changes organizational competencies to support AI adoption will help the organization to capture the maximum benefits of AI.
Key elements of enterprise AI strategy include:
AI vision: Identify the focus areas that promote and enable organization-wide fluency and adoption of AI.
AI risks: Assess your exposure to different key areas of risk, comprising regulatory, reputational, and organizational. Also, assess the mitigation plans for these risks.
Continue reading: https://wire19.com/ai-in-business-how-to-use-artificial-intelligence-to-improve-businesses/

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Humans Are The Future Of AI

AI has had a bad rap in recent years. It’s said to overpromise and underdeliver. Expectations were initially high, but the rollout of artificial intelligence left CIOs feeling frustrated and disenchanted. Many feel it’s not worth another try, and skepticism remains about AI’s ability to support businesses and bring true value.
But as with all things in life, we evolve, learn from mistakes and make things better. Failure is part of success, and we grow from it. I believe it is worth taking a look at the power of AI in its latest evolution and its ability to impact businesses in an exceptional way.
The initial deployments of AI taught the industry that it is not going to single-handedly revolutionize our workforce. For that to happen, we need humans to work alongside AI to benefit from it. There will always be a need for a human intermediary to build trust and interact with the AI as it learns and automates. That was the missing link.
What has become clear is the importance of focusing on the front end and how people deal with data and integration, not the back-end automation aspect. AI can’t just be the “black-box” that automates behind the scenes. The latest incarnations of AI can add context to the data, which turns it into content. And humans deal with content.
Continue reading: https://www.forbes.com/sites/forbestechcouncil/2022/07/11/humans-are-the-future-of-ai/?sh=fa79abb5e80a

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Bahrain women in tech are leading the way. What can the world learn?

Some may find it surprising to hear that Bahrain is a global leader in diversity in tech, but a range of figures back it up. For example, women comprise 42% of those who enrolled in STEM degrees in the last academic year, a rate that significantly outperforms countries such as the US. Around one in five startup founders in Bahrain are women, and so are almost a third of the broader ICT workforce, which is considerably higher than the global average.
When Citi decided to open their new global Tech Hub in Bahrain, they were drawn in part by the opportunity to improve diversity: Bahrain could showcase a healthy pipeline of female tech graduates. Women went on to comprise 24% of the coders they hired, significantly outperforming the average of other Citi tech hubs around the world.
What explains Bahrain’s success, and to what extent can other countries learn from it?
No stigmatization of math or science encourages more women in tech
Some reasons are organic and cultural. Girls have always done well academically in Bahrain: according to the World Bank’s Human Capital Index 2020, Bahrain is in the top five countries globally for girls outperforming boys in learning outcomes, with boys traditionally drawn more towards technical and vocational education. Unlike in many other countries, this means there is no stigma or stereotyping around the idea that “girls can’t do math and science”.
Continue reading: https://www.weforum.org/agenda/2022/07/bahraini-women-excel-in-tech-what-can-the-world-learn/

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