Tech News from Simmons Systems

Tech News from Simmons Systems

20 Things to Know About Artificial Intelligence – and What its Future Role Might Be

Artificial Intelligence became a top investment priority for CIOs as access to data and processing power increased. The field successfully moved beyond general concepts to focus on specific technologies like natural language processing and deep learning. Industries began embedding these tools into processes, such as predictive maintenance and sales tracking,

20 Things To Know About Artificial Intelligence For Supply Chain Management

Artificial intelligence and machine learning have become central to modern supply chain management, largely focusing on improving demand forecasting accuracy through historical data analysis and external inputs like weather. These systems have evolved from simple monthly projections to complex, granular models that predict product performance at the store level daily,

Will robots give us four-day weekends - or leave us without jobs?

Artificial intelligence expert Toby Walsh forecasted that by 2062, when machines become as intelligent as humans, technology could produce cheaper goods and potentially extend weekends to four or five days. However, leading economists expressed concern that the wealth created by robots would not be shared, potentially leaving many people unemployed.

AI Will Create Millions More Jobs Than It Will Destroy. Here’s How

AI Will Be a Job Engine, Not a Destroyer The article argues that fears of AI causing mass unemployment are unfounded. It asserts that AI will be the greatest job engine the world has ever seen. By lowering the cost of basic translation and enabling more cross-border commerce, AI is

export-controls

Curbs on A.I. Exports? Silicon Valley Fears Losing Its Edge

The US Commerce Department proposed new export restrictions on artificial intelligence technology for national security reasons following the passage of the Export Controls Act of 2018. In November, the department released a list of technologies under consideration, including categories like computer vision and natural language understanding. Federal officials argue that

Artificial Intelligence and the Circular Economy

The article examines the potential of artificial intelligence to address the environmental and social impacts of the current industrial economy by supporting a transition to a circular model. It notes that a circular economy, which prioritizes resource decoupling and waste reduction, could generate a net benefit of EUR 1.8