A Momentary Flow

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103 posts tagged Ai

"We know that blind evolutionary processes can produce human-level general intelligence, since they have already done so at least once," he writes. In other words, unless you believe that there is something magical (as opposed to merely fiendishly complicated) about how the brain works, the existence of humans is proof, in principle at least, that intelligent machines can be built.

Intelligent Machines And Human Life - Business Insider
Venture Capital Firm Appoints Machine Intelligence As Board Member
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Hong Kong based venture capital firm Deep Knowledge Ventures (DKV) has appointed a machine learning program to its board. Called VITAL, it’s an “equal member” that will uncover trends “not immediately obvious to humans” in order to make investment recommendations. This is probably an attempt to attract media attention, but it could truly be the start of a larger trend; it’s the world’s first software program to be appointed as a board member. The move could also herald a new direction in the way venture capital is done. The tool was developed by Aging Analytics UK who’s licensing it out to DKV, a capital fund that focuses on companies developing therapies for age-related diseases and regenerative medicine. DKV will use VITAL (Validating Investment Tool for Advancing Life Sciences) to analyze financing trends in databases of life science companies in an effort to predict successful investments. It works by poring over massive data sets and applying machine learning to predict which life science companies will make successful investments. The company has already used VITAL to inform investment decisions in two start-up life science companies, Pathway Pharmaceuticals, Limited in Hong Kong and InSilico Medicine, Inc in Baltimore, USA. The long-term goal is to get the intelligence to the stage where it’ll be capable of autonomously allocating an investment portfolio. Eventually, the software is expected to get an equal vote on investment decisions. (via Venture Capital Firm Appoints Machine Intelligence As Board Member)

Venture Capital Firm Appoints Machine Intelligence As Board Member
-
Hong Kong based venture capital firm Deep Knowledge Ventures (DKV) has appointed a machine learning program to its board. Called VITAL, it’s an “equal member” that will uncover trends “not immediately obvious to humans” in order to make investment recommendations. This is probably an attempt to attract media attention, but it could truly be the start of a larger trend; it’s the world’s first software program to be appointed as a board member. The move could also herald a new direction in the way venture capital is done. The tool was developed by Aging Analytics UK who’s licensing it out to DKV, a capital fund that focuses on companies developing therapies for age-related diseases and regenerative medicine. DKV will use VITAL (Validating Investment Tool for Advancing Life Sciences) to analyze financing trends in databases of life science companies in an effort to predict successful investments. It works by poring over massive data sets and applying machine learning to predict which life science companies will make successful investments. The company has already used VITAL to inform investment decisions in two start-up life science companies, Pathway Pharmaceuticals, Limited in Hong Kong and InSilico Medicine, Inc in Baltimore, USA. The long-term goal is to get the intelligence to the stage where it’ll be capable of autonomously allocating an investment portfolio. Eventually, the software is expected to get an equal vote on investment decisions. (via Venture Capital Firm Appoints Machine Intelligence As Board Member)