Our Views | 26.08.2016

Our Eye on AI

In this week’s “Our Eye on AI”; discover who are the top investors in AI, how AI is being used to help diagnose people with mental disorders, Microsoft buys Genee, LoopMe uses AI brand optimisation tech and Google has plans to shrink the file size of our photos with no detrimental effect to the image quality.

  • Explore the rise of AI in six charts, including the top investors in AI and the most used AI enterprise solutions via Raconteur.  2016 saw more AI patent applications that ever before and Narrative Science predicts 62% of organisations will be using AI by 2018,  Link.
  • Machine learning could train software to spot verbal tics associated with schizophrenia, depression, and bipolar disorder writes Joseph Frankel for The Atlantic.  When accessing a patient, psychiatrists or psychologists examine the person’s tone, word choice and length of phrases and researchers are now applying that approach, with the help of machine learning, to diagnose people with mental disorders.  Link.
  • Microsoft Corp has announced the acquisition of intelligent scheduling startup Genee, as part of the company’s efforts to embed AI in its digital experiences.  Genee’s virtual personal assistant app uses chat bots, optimised decision-making algorithm and natural language processing to automatically schedule meetings among groups or individuals.  Link.
  • New study shows nearly 50% of users have never bought a product after watching a mobile video ad.  A problem which video platform, LoopMe, says it solves with AI brand optimisation technology.  Link.
  • Researchers at Google are working on using neural networks, the building blocks of modern AI, to make our picture files smaller without sacrifcing quality.  To the consumer, this would mean more space on phones, tablets and computers but for tech companies, could reduce server load, power consumption and improve transfer speeds.  Link.

Find out more about PHD’s latest publication “Sentience: The Coming AI Revolution and the Implications for Marketing” at phdmedia.com

Chadi Farhat
RED - Investments at OMD