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Streaming data startup Confluent has raised a $125 million Series D led by Sequoia Capital. The company is a leader in the open source streaming data project Apache Kafka. It is a $2.5 billion company and has over 2,500 employees.
Artificial Intelligence is reshaping a wide variety of industries globally. For example, it is shaping the sustainability sector, which is in need of advanced innovative solutions. In order to address this need, there is a variety of tools available to help companies deploy AI safely. One such tool is Sama, a company that provides services to over 25 percent of Fortune 50 companies. It uses 3,500 annotators to analyze more than a billion data points per year.
Another approach is to set up procedural mechanisms to deal with ethical dilemmas. For example, if a company wants to create a facial recognition software product, it can work with stakeholders and industry groups to determine a practical approach to privacy.
In addition to ensuring that AI and ML models are efficient and effective, executives must also be able to communicate these methods to technical experts. Ultimately, AI will only be successful if it is used in ways that are useful and predictable. Achieving this requires leaders to spend time and energy dealing with ethical issues.
Other ethical concerns include how algorithms can discriminate against people with low scores. For example, an algorithm may exclude a user from the service without ever explaining why. This is especially true in countries where surveillance is a problem. In many areas, authoritarian governments have used technology to jail and imprison innocent people.
In other areas, such as health care, AI is already being used. The application of AI to health care can help improve outcomes and individualize therapy. In addition, AI and ML can help improve defenses.
AI can also be used in smart homes. AI is able to learn from a large set of examples and make accurate predictions. It can also help identify novel phenotypes that have not been previously defined.
The financial services industry is using AI extensively. Many of the leading companies are developing a variety of products. Some are targeting programmers and others are targeting casual computer users.
Many companies are relying on open-source software projects, such as OpenCV, which are used in robotics, medical, and security applications.
About the author
During her college years, Namita Gupta Wiggers was planning to pursue a PhD in art history, but then she secured a research assistantship with renowned anthropologists. After working as a research assistant for two years, she changed her focus to interdisciplinary studies. Today, Wiggers’ research is focused on the craftscape, an area of study that examines the aesthetics of everyday objects. Whether these objects reach “status of art” is not of interest to Wiggers, she says. Instead, she wants to focus on how craft can tell stories about the world.