The Global AI Race: The US Creates, China Copies, & The EU Regulates | ZeroHedge

Authored by Stefan Bartl via TheDailyEconomy.org,

Siri was introduced to the Iphone 4 in 2011 as a digital assistant. Long forgotten in today’s high speed AI models and algorithms, Siri was the slower stepping stone of Artificial Intelligence breakthroughs. Artificial Intelligence advances the technological frontier as we journey forward into the twenty-first century. Indeed, the global landscape for artificial intelligence (AI) is being shaped by three dominant forces: the United (more…)

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Jeftovic: We’re Already Living In A Post-Singularity World | ZeroHedge

Authored by Mark Jeftvic via BombThrower.com,

In mathematics, a singularity is where the equations go “non-linear”. 

Inputs go in, but the outputs are beyond understanding. 

In physics, it’s where the laws of three-dimensional Cartesian reality break down.

Ray Kurzweil hijacked the term and applied it to AI and exponential computing power: Moore’s Law would bring us all past the point where technology accelerates beyond human comprehension.

For (more…)

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Rocket To Buy Redfin For $1.75 Billion: “Accelerating Purchase Mortgage Strategy” | ZeroHedge

Detroit-based fintech firm Rocket Companies, which operates in mortgage, real estate, and personal finance, has expanded into the real estate services industry by entering into an agreement to purchase Redfin Corp. The all-stock deal, valued at $1.75 billion, will give Rocket a top real estate listing platform and further integrate its services for homebuyers. 

Rocket's all-stock deal to purchase Redfin is valued at $12.50 per Redfin share, or $1.75 billion in equity. This represents (more…)

Continue ReadingRocket To Buy Redfin For $1.75 Billion: “Accelerating Purchase Mortgage Strategy” | ZeroHedge