AI Chips, Anyone? On Surging Markets and Spectacular Exits

March 11, 2019: Nvidia buys Mellanox for $6.9b The deal is the second largest ever acquisition in the Israeli high tech industry

December 16, 2019: Intel Confirms $2 Billion Habana Labs Acquisition The deal marks Intel’s second-largest acquisition of an Israeli company

From How To Let Ordinary Investors Invest In Startups? OurCrowd Has The Answer:

“The arrival of autonomous cars is stuck in traffic,” says Medved. “But if you have a product that can be used in the near term you are going to be fine.” As an example, he mentions Hailo, a startup chipmaker OurCrowd has invested in.

Rethinking the traditional computer architecture, Hailo invented an AI processor enabling smart devices to perform sophisticated machine (deep) learning tasks with minimal power consumption, size, and cost. Hailo’s specialized processor fits into a multitude of smart machines and devices, including autonomous vehicles, smart cameras, smartphones, drones, AR/VR platforms, and wearables.

The market for deep learning chipsets is estimated to increase from $5.1 billion in 2018 to $72.6 billion in 2025. The edge computing market, the target market for the Hailo processor, is expected to represent more than three-quarters of the total market opportunity, according to research firm Tractica. “There are ton of applications where people need this today,” says Medved, “not only when there will be fully autonomous cars.”

 

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99 Predictions About AI in 2020

“Q: How worried do you think we humans should be that machines will take our jobs?

A: It depends what role machine intelligence will play. Machine intelligence in some cases will be useful for solving problems, such as translation. But in other cases, such as in finance or medicine, it will replace people.”

This Q&A is taken from Tom Standage’s description of how he interviewed AI (language model GPT-2) for The Economist The World in 2020. As readers of this column’s annual roundup of AI predictions know, this year’s first installment of 120 AI predictions for 2020 featured my interview of Amazon AI in which Alexa performed slightly better than the previous year.

For the new list of 99 additional predictions, I repeated Standage’s question to Alexa, and got the response “Hmm, I’m not sure.” The following AI movers and shakers are a lot more confident in what the near future of machine intelligence will look like, from robotic process automation (RPA) to human intelligence augmentation (HIA) to natural language processing (NLP).

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Las Vegas Most Cyber Insecure US Metro

Source: Cybersecurity in the City: Where Small Businesses Are Most Vulnerable to Attack

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Online Advertising Revenues Expected to Grow by $60 Billion between 2019 and 2024

Infographic: The Changing Face of the U.S. Advertising Landscape | Statista You will find more infographics at Statista

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Extra! Extra! 42 Additional 2020 Cybersecurity Predictions

From disrupting elections to targeted ransomware to privacy regulations to deepfakes and malevolent AI, 141 cybersecurity predictions for 2020 did not exhaust the subject so here are additional 42 from senior cybersecurity executives.

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Aging and Automation

The “under-appreciated” workforce — experienced workers with long tenures at their companies, aged 50 and above — are estimated to have contributed $7.6 trillion to U.S. economic activity in 2015, set to jump to over $13.5 trillion by 2032, according to new report by Mercer and Oliver Wyman with Marsh & McLennan Advantage on aging and automation. Yet, those employees also face the threat of having their work replaced by machines, with older workers in the U.S. doing jobs that are on average 52% automatable. However, a rapidly aging population and falling birthrate means retraining this workforce is vital for the success of many companies, argues the report

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Robot Augmentation

You may have heard “AI” explained as “augmented intelligence,” i.e.., robots supporting or enhancing human intelligence. Now, researchers at Amazon are experimenting with robot augmentation:

“…researchers at Amazon’s Alexa AI division developed a framework that endows agents with the ability to ask for help in certain situations. Using what’s called a model-confusion-based method, the agents ask questions based on their level of confusion as determined by a predefined confidence threshold, which the researchers claim boosts the agents’ success by at least 15%.”

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The Digital Transformation of Recorded Music

Statistic: Distribution of music industry revenue in the United States in 2017 and 2018, by source | Statista

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Source: The Hollywood Reporter

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Cybersecurity 2020 Predictions

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Serial cybersecurity entrepreneur Shlomo Kramer said in a 2005 interview that cybersecurity is “a bit like Alice in Wonderland” where you run as fast as you can only to stay in place. In 2020, to paraphrase the second part of the Red Queen’s observation (actually from Through the Looking Glass), if you wish to stay ahead of cyber criminals, you must run twice—or ten times—as fast as that.

The 141 predictions listed here reveal the state-of-mind of key participants in the cybersecurity defense industry and highlight all that’s hot today. The future is murky, but we know for sure that on January 1, 2020, the California Consumer Privacy Act (CCPA) will go into effect; that the U.S. presidential election will take place on November 3, 2020; and that on October 1, 2020, if you “wish to fly on commercial aircrafts or access federal facilities” in the U.S., you must have a REAL ID compliant card.

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Global Distribution of AI Startups

Source: Asgard

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