Focus AI, the latest AI news in only 3 minutes !
In short this week:
🌊 Helping more people stay safe with flood forecasting
🔮 Crystal Ball for Interest Rates
🦎 Deep Learning at (Small) Scale
🔪 AI scanner used in hundreds of US schools misses knives
== News ==
Let’s start with this tweet to nail your next job interview:
🌊 Helping more people stay safe with flood forecasting
Google's Flood Hub is an AI-powered platform that provides flood forecasting up to 7 days in advance to 460 million people in 80 countries. The platform was launched in 2018 in India and Bangladesh, and has since expanded to other countries in Asia, Africa, and Latin America.
Flood Hub uses a combination of satellite imagery, weather data, and machine learning to generate flood forecasts.
The platform is designed to help people prepare for flooding by providing them with early warning information.
Flood Hub is part of Google's commitment to using technology to help people in need.
🔮 Crystal Ball for Interest Rates
JPMorgan Chase trained a model based on ChatGPT to score statements by a United States financial regulator according to whether it plans to raise or lower interest rates, Bloomberg reported.
The team tested the model by scoring past 25 years of Federal Reserve statements and speeches. They didn’t describe the results in detail but said they found a general correlation between the predicted and actual interest rate fluctuations.
🦎 Deep Learning at (Small) Scale
TinyML shows promise for bringing deep learning to applications where electrical power is scarce, processing in the cloud is impractical, and/or data privacy is paramount. The trick is to get high-performance algorithms to run on hardware that offers limited computation, memory, and electrical power.
🔪 AI scanner used in hundreds of US schools misses knives
An automated security-screening system failed to detect a weapon that went on to be used in an attack. The school installed the system in 2022 for $3.7 million.
On October 31, 2022, a student carried a hunting knife through Evolv’s scanner. Later that day, the student attacked a fellow student, who sustained serious stab wounds.
Following the attack, Proctor High School’s district conducted an internal investigation and found that Evolv had failed to detect knives on three earlier occasions.
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#Detector #DeepLearning #FloodHub #JPMorgan
A big thanks 😙 to our sources: https://jack-clark.net/, https://www.actuia.com/, https://thevariable.com/news/, https://techcrunch.com/, https://read.deeplearning.ai/the-batch/
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Have a good week-end,
Maxime 🙃 from Toulouse, France with 🌺