July, 2024

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AI in Banking – How Artificial Intelligence is Used in Banks

insideBIGDATA

In this contributed article, Ishan Gupta. CEO and Co-founder of RipenApps, discusses how banks have historically been at the forefront of technological advancements, they are renowned for using computers as well as providing internet-based financial services. However, the rise of AI has brought with it a new dawn of innovations. These days, AI is disrupting the entire banking sector in several ways.

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A Blood Test Accurately Diagnosed Alzheimer's 90% of the Time, Study Finds

Hacker News

It was much more accurate than primary care doctors using cognitive tests and CT scans. The findings could speed the quest for an affordable and accessible way to diagnose patients with memory problems.

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How Does OpenAI Survive

Hacker News

Throughout the last year I’ve written in detail about the rot in tech — the spuriousness of charlatans looking to accumulate money and power, the desperation of the most powerful executives to maintain control and rapacious growth, and the speciousness of the latest hype cycle — but at the end of

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Using the term 'AI' in product descriptions reduces purchase intentions

Hacker News

Companies may unintentionally hurt their sales by including the words “artificial intelligence” when describing their offerings that use the technology, according to a study led by WSU researchers.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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Don’t Let Your Domain Name Become a “Sitting Duck”

Hacker News

More than a million domain names — including many registered by Fortune 100 firms and brand protection companies — are vulnerable to takeover by cybercriminals thanks to authentication weaknesses at a number of large web hosting providers and domain registrars, new research finds. Image: Shutterstock. Your Web browser knows how to find a site like example.com thanks to the global Domain Name System (DNS), which serves as a kind of phone book for the Internet by translating human-frie

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77% of Employees Report AI Has Increased Workloads and Hampered Productivity

Hacker News

Despite 96% of C-suite executives expecting AI to boost productivity, employees say it has increased their workload, hampered productivity and caused job burnout, research shows.

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More Trending

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Apple Intelligence to Miss Initial iOS 18 Launch

Hacker News

Apple Inc.’s upcoming artificial intelligence features will arrive later than anticipated, missing the initial launch of its upcoming iPhone and iPad software overhauls but giving the company more time to fix bugs.

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Attribution is Dying. Clicks are Dying. Marketing is Going Back to the 20th Century.

Hacker News

Welcome to another edition of 5-Minute Whiteboards. And folks, we’ve got a doozy of a topic. Yes, I’m being intentionally provocative. But it’s because things really have changed in the last decade, yet too many of us are still asked to invest in marketing as though it’s 2014.

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How Soon Might the Atlantic Ocean Break? Two Sibling Scientists Found an Answer

Hacker News

The Atlantic Meridional Overturning Circulation (AMOC) is like a huge heat pump, taking water from the tropics to the north, warming areas in Europe. But as climate change accelerates, AMOC is becoming less stable. It might even be headed to a shutdown.

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France high-speed rail traffic disrupted by 'malicious acts' on Olympic ceremony

Hacker News

The TGV high-speed network has been disrupted by acts including arson attacks, affecting some 800,000 passengers and causing delays ahead of the Paris 2024 opening ceremony. Eurostar trains between Paris and London were also affected.

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Launching LLM-Based Products: From Concept to Cash in 90 Days

Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage

Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days. In this exclusive webinar, Christophe will cover key aspects of his journey, including: LLM Development & Quick Wins 🤖 Understand how LLMs differ from traditional software, identifying opportunities for rapid development and deployment.

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Hosting the Olympics has become financially untenable, economists say

Hacker News

The City of Lights will be in the spotlight for the next few weeks as Paris serves as center stage to incredible performances and achievements of the human body, mind and spirit.

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Japan chain uses AI to gauge staff smiles, speech tones in QoS push

Hacker News

A supermarket chain in Japan has adopted an artificial intelligence system that draws on more than 450 elements, including facial expressions and voice volume to measure the attitudes of customer-facing staff.

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Anyone can access deleted and private repository data on GitHub

Hacker News

You can access data from deleted forks, deleted repositories and even private repositories on GitHub. And it is available forever. This is known by GitHub, and intentionally designed that way.

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AI models collapse when trained on recursively generated data

Hacker News

Stable diffusion revolutionized image creation from descriptive text. GPT-2 (ref. 1), GPT-3(.5) (ref. 2) and GPT-4 (ref. 3) demonstrated high performance across a variety of language tasks. ChatGPT introduced such language models to the public. It is now clear that generative artificial intelligence (AI) such as large language models (LLMs) is here to stay and will substantially change the ecosystem of online text and images.

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How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

Success in product management goes beyond delivering great features - it’s about achieving measurable financial outcomes that resonate across the organization. By connecting your product’s journey with the company’s financial success, you’ll ensure that every feature, release, and innovation contributes to the bottom line, driving both customer satisfaction and business growth.

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Large Enough – Mistral AI

Hacker News

Today, we are announcing Mistral Large 2, the new generation of our flagship model. Compared to its predecessor, Mistral Large 2 is significantly more capable in code generation, mathematics, and reasoning. It also provides a much stronger multilingual support, and advanced function calling capabilities.

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How Great Was the “Great Oxidation Event”?

Hacker News

Geochemical sleuthing amid acid mine runoff suggests that scientists should rethink an isotope signal long taken to indicate low levels of atmospheric oxygen in Earth’s deep past.

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Hydrothermal Explosion at Yellowstone National Park

Hacker News

On Tuesday, tourists clad in bucket hats and Converse sneakers were traipsing along the boardwalk in Biscuit Basin when a pool of hot water bubbling up from below the surface of the earth began rising up into the air.

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How Olympics Officials Try to Catch "Motor Doping"

Hacker News

A French cycling official confronts a rider suspected of doping, and ends up on the hood of a van making a high-speed getaway. This isn’t a tragicomedy starring Gérard Depardieu , sending up the sport’s well-earned reputation for cheating. This scenario played out in May at the Routes de l’Oise cycling competition near Paris, and the van was believed to contain evidence of a distinctly 21st-century cheat: a hidden electric motor.

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What Is Entity Resolution? How It Works & Why It Matters

Entity Resolution Sometimes referred to as data matching or fuzzy matching, entity resolution, is critical for data quality, analytics, graph visualization and AI. Learn what entity resolution is, why it matters, how it works and its benefits. Advanced entity resolution using AI is crucial because it efficiently and easily solves many of today’s data quality and analytics problems.

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Intent to End OCSP Service

Hacker News

Today we are announcing our intent to end Online Certificate Status Protocol (OCSP) support in favor of Certificate Revocation Lists (CRLs) as soon as possible. OCSP and CRLs are both mechanisms by which CAs can communicate certificate revocation information, but CRLs have significant advantages over OCSP. Let’s Encrypt has been providing an OCSP responder since our launch nearly ten years ago.

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Scientists Discover a New Hormone That Can Build Strong Bones

Hacker News

A newly discovered hormone explains why females can maintain bone density during lactation, when calcium is stripped away to make milk. This discovery could one day have applications to treating fractures, osteoporosis, and other bone diseases.

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United States Discloses Nuclear Warhead Numbers; Restores Nuclear Transparency

Hacker News

The Federation of American Scientists applauds the United States for declassifying the number of nuclear warheads in its military stockpile and the number of retired and dismantled warheads.

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Microsoft: Linux Is the Top Operating System on Azure Today

Hacker News

Once, Azure was a cloud platform dedicated to Windows. These days, the company tests over 1,000 Linux distributions a month just to ensure their customer apps run smoothly on Azure.

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Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

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Why Levittown Didn't Revolutionize Homebuilding

Hacker News

For decades, people have tried to bring mass production methods to housing: to build houses the way we build cars. While no one has succeeded, arguably the man that came closest to becoming “the Henry Ford of homebuilding” was William Levitt, with his company Levitt and Sons. Levitt is most famous for building “Levittowns,” developments of thousands of homes built rapidly in the 1940s, ‘50s, and ‘60s.

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MIT researchers advance automated interpretability in AI models

Hacker News

MAIA is a multimodal agent for neural network interpretability tasks developed at MIT CSAIL. It uses a vision-language model as a backbone and equips it with tools for experimenting on other AI systems.

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The rich history of ham radio culture

Hacker News

Drawing on a wealth of personal accounts found in magazines, newsletters, and trade journals, historian Kristen Haring provides an inside look at ham radio culture and its impact on hobbyists' lives.

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Critical bug in Docker Engine allowed attackers to bypass authorization plugins

Hacker News

A critical flaw in some versions of Docker Engine can be exploited to bypass authorization plugins (AuthZ) under specific circumstances. A vulnerability, tracked as CVE-2024-41110 (CVSS score of 10.0), in certain versions of Docker Engine can allow an attacker to bypass authorization plugins (AuthZ) under specific circumstances. “An attacker could exploit a bypass using an API request with Content-Length set to 0, causing the Docker daemon to forward the request without the body to the Aut

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Amazon's exabyte-scale migration from Apache Spark to Ray on EC2

Hacker News

Large-scale, distributed compute framework migrations are not for the faint of heart. There are backwards-compatibility constraints to maintain, performance expectations to meet, scalability limits to overcome, and the omnipresent risk of introducing breaking changes to production.

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How Do You Find a Good Manager?

Hacker News

Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.

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CrowdStrike broke Debian and Rocky Linux months ago, but no one noticed

Hacker News

CrowdStrike recently caused a widespread Blue Screen of Death (BSOD) issue on Windows PCs, disrupting various sectors. However, this was not an isolated incident, CrowdStrike affected Linux PCs also.

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CrowdStrike debacle provides road map of American vulnerabilities to adversaries

Hacker News

With each cascade of digital disaster, new vulnerabilities emerge. The latest chaos wasn’t caused by an adversary, but it provided a road map of American vulnerabilities at a critical moment.

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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.