WallStForMainSt
Jason Burack of Wall St for Main St interviewed first time guest, Webmaster, Senior Editor, & Co-Host of the FS Insider podcast at Financial Sense, Cris Sheridan https://www.financialsense.com/contributors/cris-sheridan about artificial intelligence (AI).
First, before Jason asks Cris about the technology innovations in the AI industry, Jason asks Cris for a definition of artificial intelligence?
Cris gives a different definition of AI than Wikipedia after Cris has interviewed AI experts for the FS Insider podcast and also studied the subject reading articles and reports from the industry.
Jason and Cris also discuss the arms race involving entire countries, their militaries to who can have better quantum computing, AI, robotics, etc.
Putin has even commented on AI: https://www.theverge.com/2017/9/4/16251226/russia-ai-putin-rule-the-world
Cris talks about how AI is being combined with other technologies like Big Data to help AI learn faster.
Most of the largest technology companies all have research and development (R&D) budgets for AI in the billions of dollars per year.
to wrap up the interview, Jason and Cris discuss how there’s no great pure play for investment purposes on AI (there are some penny stocks and also an AI ETF symbol BOTZ) and whether AI will create or destroy jobs?
A new study from PWC claims that over the long term that AI will create at least as many jobs as its destroys: https://finance.yahoo.com/news/artificial-intelligence-create-many-jobs-230100768.html
Jim Rogers innovating with AI: https://finance.yahoo.com/news/jim-rogers-launches-ai-focused-145902774.html
Follow the AI arms race and other AI innovations on Zero Hedge: https://www.zerohedge.com/search-content?search_api_fulltext=artificial+intelligence&sort_by=search_api_relevance
Motley Fool articles on the artificial intelligence industry and AI investing: https://www.fool.com/search/solr.aspx?q=artificial%20intelligence
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There is no artificial intelligence, only natural stupidity!
We're only about 10 minutes in but as a computer expert myself with more than 20 years experience I don't think your guest has a grasp of what an algorithm is or how it functions
Only based on the title (sorry about that but will give thumbs up) Yeah!!!…..most ridiculous push ever. AI has been around for decades!!!! Much bigger advanced technology that will be WAY better investments coming down the pike. “They” need your hard earned money invested into AI and they will push that narrative. Meanwhile they will scim off the top your investment to put into the REAL new hot commodity. Wake the hell up people. If I was to take one single guess of where stolen investment money will go…..its in space exploration advancement.
You talk of an arms race , how can a western country like the USA win with the far left having so much power ?. Different levels of intelligence or hard work is oppressive .
Great interview!
Nice interview, I thought there was at ~35mins, where you discussed people needing stable jobs.
Do you have any advice on companies to look into or where to do research?
BTW, as a bit of background on Cris Sheridan's mention of a cybernetic framework for AI vs. the more popular version of "machine intelligence," cybernetics typically views humans and machines in a symbiotic or integrated manner (hence, Hollywood's fixation on the idea of a "cyborg" or cybernetic organism), which can exist at the individual or collective level
Article on AI
http://blogbymonis.blogspot.com/2018/07/ai-artificial-intelligence.html?m=1