Sections SEARCH Skip to content Skip to site index Technology Subscribe Log In Log In Today’s Paper Technology | It Started With a Jolt: How New York Became a Tech Town Supported by BySteve Lohr Feb. 22, 2019 Euan Robertson started his job with New York City’s economic development team at an ominous moment. It was Monday, Sept. 15, 2008, the day Lehman Brothers filed for bankruptcy and ignited the financial crisis. Mr. Robertson made his way through City Hall’s sprawling open office to a conference table, where he huddled with top advisers to Mayor Michael R. Bloomberg. “No one knew what was going to happen or how bad it would be,” Mr. Robertson recalled. “But everyone agreed we’d better come up with a plan.” The plan that emerged called for developing tech start-ups and tech workers in New York. The goal, Mr. Robertson said, was to “build a talent … [Read more...] about It Started With a Jolt: How New York Became a Tech Town
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By Brittany De Lea Published February 11, 2019 Technology FOXBusiness Facebook Twitter Comments Print video AI will be capable of displacing millions of jobs by 2034: Report Vivek Wadhwa, distinguished fellow at Carnegie Mellon University, discusses how the expansion of artificial intelligence may affect U.S. employment. President Trump is expected to sign an executive order on Monday aimed at boosting U.S. investment in, and development, of artificial intelligence capabilities. Continue Reading Below The order will instruct federal agencies to focus on artificial intelligence in their research and development efforts, senior administration officials said, as reported by The Wall Street Journal. Additionally, the directive will authorize expanded access to government data for researchers to help advance the technologies. MORE FROM FOXBUSINESS.COM... US-CHINA TRADE TALKS RESUME KRUGMAN WARNS OF POSSIBLE GLOBAL RECESSION: REPORT … [Read more...] about Trump to sign artificial intelligence order to boost US competitiveness
By Tom Krisher The Associated Press Mon., Feb. 4, 2019 PITTSBURGH—In the world of autonomous vehicles, Pittsburgh and Silicon Valley are bustling hubs of development and testing. But ask those involved in self-driving vehicles when we might actually see them carrying passengers in every city, and you’ll get an almost universal answer: Not anytime soon. An optimistic assessment is 10 years. Many others say decades as researchers try to conquer a number of obstacles. The vehicles themselves will debut in limited, well-mapped areas within cities and spread outward. The fatal crash in Arizona involving an Uber autonomous vehicle in March slowed progress, largely because it hurt the public’s perception of the safety of vehicles. Companies slowed research to be more careful. Google’s Waymo, for instance, decided not to launch a fully autonomous ride-hailing service in the Phoenix area and will rely on human backup drivers to ferry passengers, at … [Read more...] about Five reasons why autonomous cars aren’t coming anytime soon
The death of the American manufacturing sector made ghost towns out of cities across America. In these challenging times, some cities were successful at reinventing themselves and went on to forge new economies and transform their once-sprawling, empty lands into something new, something remarkable. Year after year, Pittsburgh appears on best cities for jobs lists, thanks to its burgeoning tech industry after a desperate decline following the fall of American steel. Then there are other cities, like Detroit, that have a tougher time recovering after their major industry dried up. What is it that allows some cities to escape the “boom and bust” town narrative to become livable, workable, and sustainable? And can these models be replicated in other small, struggling towns? An ecosystem for innovation Christina Cassotis, the Pittsburgh International Airport’s first female CEO, hopes that the city’s economic innovation can be felt from the moment visitors land. … [Read more...] about How America’s dying rust belt town can transform into “smart cities” of the future
Chinese venture capitalist Kai-Fu Lee to say on '60 Minutes' that AI will replace 40 percent of society's jobs within as soon as 15 years. Joan Oleck Published 12:30 pm CST, Thursday, January 10, 2019 Photo: CBS/Sixty Minutes Photo: CBS/Sixty Minutes Image 1 of / 1 Caption Close Image 1 of 1 Photo: CBS/Sixty Minutes Remember Elon Musk's Scary Warning Against AI? Here's More Reason to Worry. 1 / 1 Back to Gallery Remember when Elon Musk, speaking at SXSW in March 2018, scared the dickens out of us by warning against artificial intelligence (AI)? "The danger of AI," Musk stated, "is much greater than the danger of nuclear warheads ... more dangerous than nukes." Now comes yet … [Read more...] about Remember Elon Musk’s Scary Warning Against AI? Here’s More Reason to Worry.