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Not Bitcoin, Ethereum or Cardano, but these crypto assets hold the potential for a bull run – FXStreet

When it comes to cryptocurrencies, most investors only focus on a few of the top assets, such as Bitcoin, Ethereum, Cardano, and, sadly, meme coins. However, there are other altcoins that can likely eclipse these assets and initiate a bull run very soon.

Research firm Sistine Research highlighted three assets that are close to initiating another leg of rally, provided they can manage to break out of their critical resistance levels. These assets were Monero (XMR), Solana (SOL), and Tron (TRX).

According to their tweet, XMR price against Bitcoin is very close to the critical barrier that has kept the altcoin trading under it since the beginning of May. If Monero manages to break the resistance, which stands at 0.005757 BTC, an uptrend is on the cards. However, a failed breakout and invalidation of 0.005577 BTC could lead to a decline.

Similarly, in the case of Solana price, the breakout zone lies around $40, which marks the pre-FTX collapse double top. In order to do that, the altcoin would first have to reclaim the support at $25. However, the failure to do so could result in an invalidation of the ongoing uptrend and crash to $16.

The third asset, TRX, has been in an uptrend since November 2022, rising by more than 81%. However, the breakout zone for the altcoin lies at $0.125, far above its current trading price of $0.084. Furthermore, if the cryptocurrency loses the support of its uptrend line, the bullish thesis would be invalidated.

Even though these assets are bullish in nature at the moment, considering their price action, they are still dependent on Bitcoin for their movement going forward. The reason behind this is the high correlation they share with BTC. The correlation of Monero stands at 0.68, that of Tron is around 0.72, and Solana has the highest correlation of 0.93.

Correlation of Bitcoin with aforementioned altcoins

Thus, if Bitcoin price recovers, the chances of these altcoin rallies improve significantly. Similarly, the vulnerability of a crash for XMR, SOL and TRX will also intensify should BTC decline in the future.

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Not Bitcoin, Ethereum or Cardano, but these crypto assets hold the potential for a bull run - FXStreet

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Solana to spike following hyperdrive hackathon portal, Ethereum … – InvestorsObserver

Solana to spike following hyperdrive hackathon portal, Ethereum sees less activity per Messari, Tradecurve Markets opens derivatives trading to anyone

2023-10-12 04:35:38 ET

The Solana (SOL) Hyperdrive Hackathon submission portal went live. As a result, interest in the crypto has increased. Also, Ethereum (ETH) saw a high level of attention recently. It was revealed that 60% of all of the transactions were done on Layer-2 solutions. Moreover, Tradecurve Markets (TCRV) is also getting recognition, as it will open the derivatives market to anyone globally.

Solana (SOL) recently announced that the submission portal for the Hyperdrive Hackathon is live. Team leaders will now need to create an account and complete project submission questions in the portal.

Anyone can submit a proposal for this Solana hackathon by October 15. This raised a high level of hype and attention to the project and can contribute towards increased value.

The Solana crypto traded between $21.90 and $24.12 during the previous week. Moreover, the crypto increased in value by 20.8% during the past 30 days. At this rate, analysts are bullish on the future of the token. According to the Solana price prediction, it can surge to $29.22 by the end of 2023.

Ethereum (ETH) activity was dominant across Layer-2 solutions. In fact, they accounted for a total of 60% of all of the activity in Q3 of 2023. Moreover, based on the report made by Messari, the Coinbase base Network did more transactions than Ethereums own mainnet did. In addition, Optimism as an L2 saw an increase of 40%

During the previous week, the Ethereum crypto saw its low point at $1,561.31, with its high point at $1,656.82. In addition, Ethereum has grown in value by 20% during the past year. Based on the Ethereum price prediction, it can surge to a maximum point of $2,335.71 by the end of 2023.

TCRV is the primary currency within the Tradecurve ecosystem. This utility token will provide users that hold TCRV with rewards and perks they can use instantly inside the Tradecurve trading platform. Tradecurve Markets is an upcoming platform that will combine elements of CEXs and DEXs to provide a streamlined, all-in-one experience.

Anyone can access multiple classes through the platform. They can trade forex, crypto, stocks, commodities, and CFDs all from a single account, this approach will make it accessible to anyone globally.

Moreover, users will not have to worry about any mandatory KYC requirements, as they can just deposit crypto and use it as collateral. Theres an AI-driven trading bot. Through it, anyone can access automated trading and optimize their portfolio accordingly. Moreover, theres leverage starting at 500:1 and a VIP account system.

During Stage 6 of the presale, the TCRV token trades at $0.03. So far, it has grown in value by 200%. At launch, it can jump by 45x based on analysts projections. The team will also list the token on Tier-1 exchanges and Uniswap DEX, making it far more accessible.

For more information about the Tradecurve Markets (TCRV) presale you can visit https://tradecurvemarkets.com/ or follow them on Twitter https://twitter.com/Tradecurveapp .

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Large-scale genomic analyses with machine learning uncover predictive patterns associated with fungal … – Nature.com

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FOXO Technologies Announces Issue Notification from USPTO for a Patent Leveraging Machine Learning Approaches to Enable the Commercialization of…

Builds on Notices of Allowance Previously Issued by the USPTO for Two Related Patents Leveraging the Same Approaches

MINNEAPOLIS, October 13, 2023--(BUSINESS WIRE)--FOXO Technologies Inc. (NYSE American: FOXO) ("FOXO" or the "Company"), a leader in the field of commercializing epigenetic biomarker technology, today announced that the United States Patent & Trademark Office (USPTO) has provided an Issue Notification for a key patent utilizing a machine learning model trained to determine a biochemical state and/or medical condition using DNA epigenetic data to enable the commercialization of epigenetic biomarkers. Previously, the USPTO had issued Notices of Allowance to the Company for two related patents and the Company awaits Issue Notification for the second allowed patent.

The first patent, for which the Company has received an Issue Notification, aids in practical applications of the technology that include generating epigenetic biomarkers. On occasion, epigenetic data may be missing or unreliable because a specific DNA site may not have been assayed or was unreliably measured. The patent allows the use of machine learning estimators to "fill in" the missing or unreliable epigenetic values at specific loci.

The second patent, for which the Company received a Notice of Allowance, leverages machine learning to estimate aspects about an individuals health, such as disease states, biomarker levels, drug use, health histories, and factors used to underwrite mortality risk. Commercial applications for this patent may include a potential AI platform for the delivery of health and well-being data-driven insights to individuals, healthcare professionals and third-party service providers, life insurance underwriting, clinical testing, and consumer health.

To support these patents, the Company has generated epigenetic data for over 13,000 individuals through internally sponsored research and external research collaborations. Pairing these data with broad phenotypic information is expected to help drive product development as demonstrated in the Companys patent claims.

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Mark White, Interim CEO of FOXO Technologies, stated, "As a pioneer in epigenetic biomarker discovery and commercialization, FOXO Technologies is dedicated to harnessing the power of epigenetics and artificial intelligence to provide data-driven insights that foster optimal health and longevity for individuals and organizations alike. With a strong commitment to improving the quality of life and promoting well-being, FOXO Technologies stands at the forefront of innovation in the biotechnology industry, with plans to leverage AI technology in order to expand into additional commercial markets."

"The newly granted patent underscores FOXO Technologies' position as a leader in the convergence of biotechnology and artificial intelligence. It represents a significant milestone in the Company's mission to extend and enhance human life through advanced diagnostics, therapeutic solutions, and lifestyle modifications. Moreover, by combining the fields of epigenetics and artificial intelligence, FOXO Technologies' pioneering approach sets a new standard for personalized healthcare. This patent represents a significant step forward in developing innovative tools that empower individuals and healthcare professionals to make informed decisions about health and well-being."

Nichole Rigby, Director of Bioinformatics & Data Science at FOXO Technologies, further noted, "The granting of these patents reaffirms our commitment to pushing the boundaries to bring together biotechnology and AI. We eagerly anticipate the transformative impact of this technology on health solutions, paving the way for healthier and longer lives for everyone."

About FOXO Technologies Inc. ("FOXO")

FOXO, a technology platform company, is a leader in epigenetic biomarker discovery and commercialization focused on commercializing longevity science through products and services that serve multiple industries. FOXO's epigenetic technology applies AI to DNA methylation to identify molecular biomarkers of human health and aging. For more information about FOXO, visit http://www.foxotechnologies.com. For investor information and updates, visit https://foxotechnologies.com/investors/.

Forward-Looking Statements

This press release contains certain forward-looking statements for purposes of the "safe harbor" provisions under the United States Private Securities Litigation Reform Act of 1995. Any statements other than statements of historical fact contained herein, including statements as to future results of operations and financial position, planned products and services, business strategy and plans, objectives of management for future operations of FOXO, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Such forward-looking statements include, but not limited to, expectations, hopes, beliefs, intentions, plans, prospects, financial results or strategies regarding FOXO; the future financial condition and performance of FOXO and the products and markets and expected future performance and market opportunities of FOXO. These forward-looking statements generally are identified by the words "anticipate," "believe," "could," "expect," "estimate," "future," "intend," "strategy," "may," "might," "strategy," "opportunity," "plan," project," "possible," "potential," "project," "predict," "scales," "representative of," "valuation," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk of changes in the competitive and highly regulated industries in which FOXO operates, variations in operating performance across competitors or changes in laws and regulations affecting FOXOs business; (ii) the ability to implement FOXOs business plans, forecasts, and other expectations; (iii) the ability to obtain financing if needed; (iv) the ability to maintain its NYSE American listing; (v) the risk that FOXO has a history of losses and may not achieve or maintain profitability in the future; (vi) potential inability of FOXO to establish or maintain relationships required to advance its goals or to achieve its commercialization and development plans; (vii) the enforceability of FOXOs intellectual property, including its patents and the potential infringement on the intellectual property rights of others; and (viii) the risk of downturns and a changing regulatory landscape in the highly competitive biotechnology industry or in the markets or industries in which FOXOs prospective customers operate. The foregoing list of factors is not exhaustive. Readers should carefully consider the foregoing factors and the other risks and uncertainties discussed in FOXOs most recent reports on Forms 10-K and 10-Q, particularly the "Risk Factors" sections of those reports, and in other documents FOXO has filed, or will file, with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and FOXO assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231013459322/en/

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Crescendo Communications, LLC(212) 671-1020foxo@crescendo-ir.com

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FOXO Technologies Announces Issue Notification from USPTO for a Patent Leveraging Machine Learning Approaches to Enable the Commercialization of...

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Techno-plasticity in the Age of Artificial Intelligence – Psychology Today

Image by Wolfgang Eckert from Pixabay

Human neuroplasticitythe brain's dynamic capability to rewire and adapthas been a cornerstone to what makes and keeps us human. It grants us the agility to learn new languages, empathize with others, and recover from brain injuries.

But as artificial intelligence (AI) technology advances (or evolves), are we nearing a shift in which machine intelligence mirrors human plasticity? The ground beneath us is undeniably shifting as we face a formidable contender: "techno-plasticity."

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While human neuroplasticity focuses on biological adaptations, techno-plasticity describes AI systems that can undergo real-time self-modifications. These are not rigid algorithms; they evolve, adapting to new data environments and situational variables. Let's look at liquid networks and their implications for technology and humanity.

Developed by researchers at MIT, liquid networks represent a fascinating and potentially transformative step in machine learning. Unlike traditional neural networks that are trained and deployed in a relatively static state, liquid networks are designed to continuously adapt their underlying algorithms in response to new data inputs.

This is achieved by allowing the parameters in the neural network's equations to evolve based on a nested set of differential equations.

The inspiration for this technological marvel comes from nature specifically, the microscopic nematode C. elegans, which possesses a mere 302 neurons yet exhibits incredibly complex behaviors. This biological muse has inspired the development of neural networks that adapt to changing data streams and do so in a highly resilient manner to noisy or unexpected data.

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The versatility of liquid networks is already apparent in various domains. For example, a sudden downpour that obscures camera vision is no longer an insurmountable obstacle in autonomous vehicles. These liquid networks offer a robust response to unanticipated changes.

Furthermore, they have excelled in time-series prediction tasks ranging from atmospheric chemistry to robotics, outperforming state-of-the-art algorithms and doing so with less computational overhead.

And there's another edge: The architecture of liquid networks makes them more interpretable, allowing for greater insights into their decision-making processes. This addresses a longstanding issue in AIthe black -box problemmaking these powerful networks more transparent and accountable.

While the advent of liquid networks might challenge human cognition, looking at the bigger picture is crucial: the symbiotic potential between neuroplasticity and techno-plasticity. Each brings to the table a unique set of capabilities and limitations. As AI systems like liquid networks become more plastic, humans, too, will find new avenues for cognitive expansion facilitated by AI's evolving capabilities.

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Our cognitive landscape is undergoing a seismic shift. We enter an era in which neither humans nor AI monopolize adaptability or learning. Instead, we find ourselves in a dynamic equilibrium where both forms of evolving intelligenceneuroplastic and technoplasticcontinuously evolve.

As liquid networks make their mark, raising the bar for what machine learning algorithms can achieve, we must adapt and evolve. It is not a competition but a journey of co-evolution, one in which the future of artificial and natural intelligence is continually rewritten.

The advent of techno-plasticity, particularly as manifested through liquid networks, could be a powerful catalyst for human transformation and evolution. This new frontier in AI capability may spur a symbiotic relationship in which each form of intelligencehuman and artificialcompels the other to adapt, innovate, and transcend current limitations.

Artificial Intelligence Essential Reads

As AI becomes more adept at real-time learning and adaptation, it challenges us to harness this technological prowess for societal advancement and look inward, reconsidering the scope and potential of our neuroplasticity. In essence, techno-plasticity could be the stimulus that drives us to explore uncharted territories of human cognition, creativity, and problem-solving, ultimately reshaping our understanding of what it means to be human in an age of advanced artificial intelligence.

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This new narrative calls for adaptability and a deepened understanding of the complexities. We stand on the cusp of a revolution that could usher in an era of unprecedented cognitive collaboration and exploration.

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From analog machines to machines learning: the Pittsburgh District’s … – lrp.usace.army.mil

Artificial intelligence (AI) took the world by storm in 2023 when various rapidly-improving text-language models became publicly available. Since then, the human race has delved into the wacky, wild world of AI and faced some pressing questions: how do I trust the content I find online? Is my self-driving car plotting world domination? Will my toaster have a midlife crisis?

The U.S. Army Corps of Engineers Pittsburgh District also is facing some of these questions since todays world is watching bits and bytes come face-to-face with backhoes, bulldozers, and barges. Since other sectors like healthcare, finance, education, automobiles, disability services, astronomy, etcetera etcetera are already using AI, the question becomes where AIs future is in river navigation, flood damage reduction, emergency management, and other Corps of Engineers missions.

For the uninitiated, AI is a broad term that applies to a range of topics, but the part of AI most-commonly referenced is machine learning. ML feeds a software system massive amounts of training data to learn patterns and model those patterns in its decision-making.

AI generally has two categories: strong and weak. Strong AI is a machine capable of solving problems it has never been trained on, like a person can. Strong AI is what we see in movies think self-aware androids. This technology does not exist yet.

Weak AI operates within a limited context for limited purposes, such as self-driving cars, conversation bots, and text-to-image simulators. Weak AI is what we see in OpenAI tools like ChatGPT and Dall-E, and the results can be pretty good (as seen in this social media photo):

Disclaimer: no beaver ever gave engineering advice to the Corps of Engineers.

This photo was artificially generated. (U.S. Army Corps of Engineers courtesy photo)

but thats about all it can do.

Granted, AI is a natural progression of technology. What began with search engines is continuing through digital synthesis, and organizations like the U.S. Army Corps of Engineers Pittsburgh District are assessing how it can assuage the opportunities of AI to serve the public better while managing AIs detractors.

The Corps of Engineers, being a civil works agency, has had some involvement in technological innovations throughout its nearly 250-year history. While the corps was not responsible for the top-line scientific discoveries, it did build the K-25 plant for the Manhattan Project (which, in 1942, was the largest building ever constructed). It later provided construction and design assistance in the 1960s for NASA at the John F. Kennedy Space Center.

A historical photo of the K-25 gas diffusion plant in Oak Ridge, Tennessee, during World War II, which was constructed to assist in creating and concealing the atomic bomb. Camouflaged under the Manhattan District, this district was established in 1942 with no geographical boundaries to keep the project under wraps. Instead, the Manhattan District had three primary project sites: Oak Ridge, Tennessee; Hanford, Washington; and Los Alamos, New Mexico. (U.S. Army Corps of Engineers photo)

Source: https://www.usace.army.mil/About/History/Historical-Vignettes/Military-Construction-Combat/113-Atomic-Bomb/

Coincidentally, the vehicle assembly building (VAB) at Cape Canaveral became the worlds then-largest building in the world when it was finished in 1966. This historical photo shows the construction of the VAB, which stood at 525 feet and covered almost eight acres once completed. The VAB remains the final assembly point for the shuttle orbiter, external fuel tank, and twin solid-rocket boosters prior to shuttle launches. (U.S. Army Corps of Engineers photo)

Source: https://www.usace.army.mil/About/History/Historical-Vignettes/Military-Construction-Combat/050-NASA/

However, this is not to say the corps is always at the forefront of modern technology. Much like the districts 23 locks and dams on the Allegheny, Monongahela, and Ohio rivers some of which have been around for more than a century tried-and-true methods that have withstood the test of time do not always necessitate immediately upgrading to the next model.

For instance, Allegheny River Lock 5 in Freeport, Pennsylvania, began operating in 1927 and installed an improved hydraulic system in 2023 to upgrade its resilience. Operators manage the hydraulic system with a touch screen.

James Burford, the lockmaster for Allegheny River locks 4-9, demonstrates how the old hydraulic system works at Allegheny River Lock 6 in Freeport, Pennsylvania, Sept. 18, 2023. The system used a singular hydraulic system and required manual operation to open the lock gates. (U.S. Army Corps of Engineers Pittsburgh District photo by Andrew Byrne)

The old system, shown here at Allegheny River Lock 6, involved a singular hydraulic system manually operated by levers positioned along the lock wall.

Fun fact: Lock 5 was listed on the National Register of Historic Places in 2000.

Theres a whole panel of valve indicators, and its just like turning a dial, said Anthony Self, a lock operator on the Allegheny River who has been with the district since 2015. Its controlling eight valves at a time to fill the chamber. We have much more precise control.

The next step is implementing remote lock operations. As part of the Lower Mon construction project on the Monongahela River, Charleroi Locks and Dam is assembling a control tower to consolidate the facilitys locking capabilities to a single touchpoint.

The district is not averse to other types of emergent technology, either. The districts geospatial office has been using drone technology since the time drones became publicly available, to map aerial footage of regional waterways, conduct inspections, monitor construction, digital surface modeling and more.

We can even document the spread of harmful algal blooms at reservoirs or fly in emergency response situations during floods, said Huan Tran, a member of the flight team in the geospatial office.

We often talk about being a world-class organization, so your technology must be on point. You cant be behind somebody elses capabilities, Kristen Scott, the chief of the geospatial section for the district.

Nevertheless, as AI opens its digital maw as the technological next step, the district has not jumped on the AI trainyet.

This is probably for the best emergent technology is, well, emergent, and the corps doing its job right can sometimes be the difference between life and death.

Take flood-damage reduction, for instance. Pittsburgh Districts 16 flood risk-management reservoirs have prevented more than $14 billion in flood damages in its 26,000-square-mile footprint since their construction nearly a century ago. Regardless of how intelligent AI becomes, the corps will never solely rely on it to make a decision impacting peoples safety.

Its a powerful tool, and its a good thing, but were not empowering automation to take over decision-making or executing plans, said Al Coglio, the districts chief of emergency management.

Coglios job is critical. He coordinates with FEMA to send teams and emergency generators to areas devastated by natural disasters and left without power.

We've gotten to the point now where we're saturated with data, and there's no real good way to use it, said Coglio. Back when I was growing up, if you wanted to learn something, you had to physically go to a library unless you were in a rich family and had encyclopedias. Now theres so much information readily available at our fingertips.

For Coglio, AI has the potential to be a powerful tool for not just the district, if implemented responsibly and can assist in the predicting, planning and prestaging phases of a natural disaster.

If you look at all the different types of disasters like flooding, tornadoes, historical weather, and historical emergencies resulting from weather, I think automated intelligence can give us a better focus area, said Coglio. Even for mapping floods in Pittsburgh, we have general ideas, but what does that do for the average citizen? Theyre concerned with if their house floods and automated intelligence can give them the specifics they need to know.

Despite the opportunities AI presents, some are skeptical about its place in the current cultural conversation.

I dont think most people saw the next big thing before it was the next big thing, said Lt. Col. Daniel Tabacchi, the districts deputy commander. Are we lionizing it? Are we overstating the impact or effect AI will have? Its hard to tell.

Then again, I havent used it for anything other to make my work easier, added Tabacchi.

Bubbles, the water safety robot, dreams of one day being the next big thing.

This photo was artificially generated. (U.S. Army Corps of Engineers courtesy photo)

And for others in the district, AIs advent does not change a thing about their day-to-day work. While any use of AI will always have human oversight, some areas that require boots-on-the-groundwork, such as lock operations, are not applicable.

Do I think artificial intelligence will ever replace lock operations? No, absolutely not, said John Dilla, the districts chief of the Locks and Dams Branch. It could enhance the data we use for operations and maintenance, but there are minute-to-minute understandings and decisions between lock operators and boat crews that a computer cant do. People are irreplaceable.

Bubbles, the water safety robot, always wears a life jacket when he is out on the waterways.

This photo was artificially generated. (U.S. Army Corps of Engineers courtesy photo)

In the future, the district has opportunities to use artificial intelligence as a tool to serve better the 5.5 million people in its region while capitalizing on advancing technology.

But does AI itself concur?

Well, we asked one. It said this:

AI, as a cutting-edge tool, has the potential to substantially augment the capabilities of the Corps of Engineers Pittsburgh District. Its data-driven decision-making, predictive modeling, and resource optimization can optimize infrastructure management, leading to improved public service and resilience in the face of challenges.

AI seems to agree, but maybe it just wants us to think it agrees.

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Leveraging machine learning to rapidly create clinical AI algorithms – HealthExec

They would test the algorithm further with refinements and give the dieticians 10 more patients to look at the next week. This process helped boost confidence in the algorithm to a point where it is now actually placing an order for consults in the electronic medical record (EMR).

"We're finding six to 10 patients a week who have undiagnosed malnutrition. Now, if you think about that from a family member of a child, that's a huge difference. And those things are really impactful in terms of practical AI, and that's kind of spawned other ideas, but that's been kind of one of our great use cases," Higginson explained.

Five years ago, Phoenix Children's Hospital embarked on a journey to harness the power of AI in solving clinical challenges. The traditional approach of relying on biostatisticians to develop algorithms proved to be time-consuming and often inefficient. He said the team might work on an algorithm for several months and find it does not work well in the end. So Higginson's team opted for a different path, utilizing automated machine learning. This approach involves providing a dataset to an AI system that autonomously creates the algorithm, allowing the hospital to start using it within a matter of hours, rather than weeks.

One of the key lessons learned from using AI in healthcare is that getting it right on the first attempt is a rare occurrence. Thus, an iterative approach is essential to fine-tune algorithms over time.

While there are now many vendors selling commercialized AI algorithms, Higginson said many are to generalized for the needs of his hospitals, which another reason why they have decided to develop their own, highly customized algorithms.

"One of the things I've learned with AI over the years is it doesn't translate very well. So I'm always very skeptical of vendors that tell me, 'I've got an AI model that's going to work great,' because geographic factors are a huge influence as well. There are some clinical conditions which obviously translate, but I think we've seen some recent examples where models are trained in one state, lifted somewhere else and don't work," he said.

For example, he said they created AI models on operational things like our donors and managing their employees, which require very local and customized factors that are completely unique. "Understanding how far is too far for an employee to travel into work all depends on the road density, where they are traveling from. I think the concepts and the ideas are transferable. But I would be a little skeptical of taking that black box and just lifting it somewhere else," Higginson explained.

Pediatric healthcare presents unique challenges that often require tailored solutions. At Phoenix Children's Hospital, they've developed their own patient portal, recognizing that pediatric patients and their families have distinct relationships with healthcare providers. This patient portal addresses the complex dynamics of patient relationships within families and guardianship scenarios. This includes who has access in a divorce or foster home situation, and the ages when patient information needs to be shared with the patient.

Moreover, the hospital has adapted to the post-pandemic landscape by embracing telehealth services, which have been particularly well-received by pediatric patients and their caregivers. The implementation of hybrid telehealth, where patients and their caregivers join virtual consultations, has transformed the healthcare experience for families, Higginson said.

Higginson encourages a more general application of AI in healthcare, emphasizing its adaptability to a wide range of scenarios. He used the example of AI helping determine no-show rates to better staff the emergency room. Another example is AI can be used to sift through patient emails to doctors via the patient portal to determine the most appropriate recipient within the healthcare team. This could streamline communication and enhancing efficiency so doctors can practice at the top of their license not not spend a large amount of time sorting basic email requests. Higginson said doctors tell him over and over 80% of these messages are about scheduling, medications and billing which have nothing to do with the physician.

"So how great would it be to take that message that came in and run it through a GPT prompt and ask it, which help desk should this go to?" He said.

Phoenix Children's Hospital's innovative approach to AI demonstrates the immense potential for the technology in healthcare. By adopting a strategic and iterative approach, they have successfully developed clinical algorithms that not only improve patient care, but also enhance the overall healthcare experience for pediatric patients and their families.

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The Impact of AI and Machine Learning in HR: Enhancing Recruitment and Employee Engagement – Express Computer

By Sumit Sabharwal, Head of HRSS, Fujitsu International Regions

Human Resources and Artificial Intelligence (AI) represent two crucial dimensions that have become increasingly interconnected within the contemporary business landscape. Theintegration of AI and machine learning (ML) has ushered in a new era for HR practices, spanning from talent acquisition and talent development to fostering employee engagement and advocacy. The evolving role of Artificial Intelligence (AI) presents the prospect of fundamentally transforming human resources (HR) and recruitment methodologies, with the potential to enhance the efficiency of existing HR processes and mitigate the demands of arduous, time-consumingresponsibilities.

AI is the simulation of human intelligence in computers that are built to think and learn in the same way that people do. In HR, AI automates and improves various tasks and processes to improve efficiency and decision-making, engages chatbots for employee inquiries, and deploys predictive analytics to ease employee onboarding or better workforce planning. While machine learning delves into the examination of resumes discerns exceptional candidates, forecasts employee attrition rates, and offers tailored suggestions for training and growth initiatives, research indicates that worldwide AI in the human resources sector is poised to reach a substantial valuation of $3.6 billion by 2025, signifying a persistent trend of growth and widespread integration.

Challenges and OpportunitiesAmid a new digital landscape, rising employee expectations, and evolving business dynamics, HR professionals contend with a slew of challenges. Adapting HR processes and systems to digital transformation, especially in organisations with legacy systems can prove demanding. HR leaders today grapple with tasks ranging from keeping up with talent acquisition in the digital world and rapidly evolving HR technology such as HRIS, AI Tools, and Data Analytics to boost employee engagement. They also have to adapt to various recruitment strategies to find the right talent in a competitive job market.

While navigating these challenges, leaders should also remain vigilant of potential advantages on the horizon. These encompass enhancing the overall employee journey, embracing a variety of learning and growth initiatives, and streamlining decision-making through AI to enhance results while safeguarding efficiency. Furthermore, AI can analyze large amounts of data quickly, empowering decision-makers with useful insights to help them make informed decisions. This data-driven decision-making can result in better resource allocation, better strategy, and increased work satisfaction.

Advantages of using AI in Human ResourcesAI has the capacity to revolutionise HR operations by providing a myriad of advantages. It is reshaping the HR landscape by streamlining recruitment processes, bolstering employeeengagement, and optimising workforce management. Below are some notable examples:

1. Enhanced Employee Engagement: The implementation of technologies like chatbots and sentiment analysis tools enables HR to gauge employee sentiment and engagement levels. This, in turn, empowers HR to take proactive measures to enhance overall morale and job satisfaction.

2. Efficient Recruitment and Candidate Evaluation: AI-driven systems excel at evaluating vast numbers of resumes with pinpoint accuracy, matching candidate qualifications to job requirements. This not only saves time but also ensures that the most qualified candidates are considered. It also enriches the candidate experience by facilitating smooth onboarding, resolving queries, and offering round-the-clock assistance.

3. Automation of Administrative Tasks: AI is adept at automating routine administrative functions such as payroll processing and leave management. This not only minimizes manual errors but also liberates employees to concentrate on strategic initiatives.

4. Data-Informed Decision-Making: AI has the capability to process extensive volumes of HR data, yielding valuable insights that aid HR managers in making well-informed decisions regarding workforce planning, compensation, and talent management.

5. Real-Time Performance Assessment and Feedback: AI-powered systems are capable of delivering real-time feedback and performance assessments, ensuring that employees are cognizant of their strengths and areas requiring improvement.

By leveraging the advantages of AI, HR can not only boost operational effectiveness but alsonurture a more engaged and high-performing workforce, thereby playing a pivotal role in the overall success of the organization. Furthermore, it enables HR to transition from a responsive to a forward-thinking decision-making approach, leading to more favorable results.

Today, the incorporation of Artificial Intelligence (AI) stands poised to revolutionise humanresources (HR) operations, elevating them from conventional administrative tasks to strategic, data-centric functions. The strategic utilisation of AI has the capacity to improve HR operations and cultivate a highly engaged and efficient workforce, thereby confirming its significance in steering organisational achievement. The forthcoming era of HR will be characterised by heightened efficiency, tailored solutions, enhanced diversity, and increased adaptability, all of which are poised to build a more engaged and devoted workforce.

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Vissim applies machine learning to improve oil spill detection … – Offshore magazine

Offshore staff

HORTEN, Norway Vr Energi has contracted Vissim to upgrade oil spill detection technology at its production installations offshore Norway.

Both the Balder FPSO and the Ringhorne processing platform in the North Sea will be equipped with the new system.

According to Hvard Odden, the program includes reuse of hardware already installed.

Norway requires offshore operators to employ oil spill monitoring technologies that function independent of weather conditions.

All installations on the Norwegian Continental Shelf are equipped with radar technology for vessel tracking. Vissims combined solution is said to allow vessel tracking and oil spill detection using the same radar.

A traditional issue experience with radar-based oil spill detection systems is that the image processing technology generates false alarms, which operators have to monitor and respond to manually. They can be triggered by heavy rain, vessel wake or other phenomena.

Vissims new approach is based on feedback from Norwegian operators. The radar-based tool features upgraded image processing technology and also machine learning that teaches the system what it needs to respond to and what should be ignored.

The new system has much higher sensitivity, which means that it will detect smaller oil spills, Odden explained. It capitalizes on machine learning and artificial intelligence, which means that the amount of false alarms will drastically decrease, which in turn means less stress on operators.This increases the reliability of the oil spill detection system while it also reduces operators costs.

10.13.2023

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How Machine Learning Will Revolutionize Industries in 2024 | by … – Medium

Machine learning is a rapidly evolving field that holds immense potential for transforming various industries. From manufacturing to retail and healthcare, machine learning has the power to revolutionize the way businesses operate and make decisions. Machine learning, a subset of artificial intelligence, is poised to revolutionize industries in 2024. With its ability to analyze vast amounts of data and make intelligent predictions, machine learning is becoming increasingly integral to businesses across various sectors.

Foundation models have gained significant traction in recent years as an artificial intelligence model. Unlike narrow AI models that perform specific tasks, foundation models are deep learning AI algorithms that are pre-trained with diverse datasets. These models can perform multiple tasks and transfer knowledge from one task to another, making them highly versatile and adaptable.

The adoption of foundation models offers several benefits for businesses. Firstly, these models make AI projects more manageable and scalable for large enterprises. By leveraging the knowledge and capabilities acquired from pre-training, foundation models can be fine-tuned to suit specific business needs, leading to improved efficiency and effectiveness.

As businesses increasingly rely on technology to derive insights from data, the adoption of foundation models is expected to accelerate in 2024. The versatility and scalability of these models make them ideal for addressing complex business challenges and driving innovation. With the growing availability of data and advancements in machine learning algorithms, foundation models will play a crucial role in shaping the future of AI.

Multimodal machine learning is an emerging trend that has the potential to revolutionize the field of AI and machine learning. It involves the integration of multiple modalities, such as linguistic, acoustic, visual, tactile, and physiological perceptions, to build computer agents with enhanced capabilities in understanding, reasoning, and learning.

The applications of multimodal machine learning are vast and varied. In the field of natural language processing, multimodal models can analyze text, images, and audio simultaneously, leading to more accurate and comprehensive insights. This technology has applications in various domains, including healthcare, autonomous vehicles, virtual assistants, and augmented reality.

As businesses continue to explore the potential of multimodal machine learning, this trend is expected to gain further traction in 2024. The ability to leverage multiple modalities enables machines to better understand and interpret human behavior, leading to improved user experiences and more intelligent decision-making. In the years to come, multimodal machine learning will play a crucial role in shaping the future of AI.

The concept of the metaverse has gained significant attention in recent years. It refers to a virtual universe where users can interact, collaborate, and engage with digital content in a highly immersive and interactive manner. The metaverse blurs the boundaries between the physical and virtual worlds, creating new opportunities for businesses to connect with their customers.

AI and machine learning will play a crucial role in the development and functioning of the metaverse. These technologies enable the creation of virtual environments, dialogue, and images, enhancing the overall immersive experience for users. Machine learning algorithms can analyze virtual patterns, automate transactions, and support blockchain technologies, enabling seamless interactions and transactions within the metaverse.

The metaverse presents exciting opportunities for businesses to engage with their customers in new and innovative ways. From virtual shopping experiences to immersive brand interactions, the metaverse offers a platform for businesses to extend their reach and create unique experiences. In 2024, we can expect businesses to increasingly leverage AI and machine learning to tap into the potential of the metaverse and enhance customer engagement.

The adoption of AI and machine learning services requires specialized skills and expertise. However, there is a significant shortage of professionals with these skills, creating a skill gap for businesses. Low-code/no-code machine learning platforms offer a solution to this challenge by enabling businesses to build AI applications without extensive coding knowledge.

Low-code/no-code machine learning platforms empower businesses to leverage the power of machine learning without relying heavily on technical experts. These platforms provide pre-defined components and intuitive interfaces that allow users to build and deploy AI applications quickly and efficiently. This democratization of machine learning enables businesses of all sizes to harness the power of AI and make data-driven decisions.

In the coming year, we can expect to see an increased adoption of low-code/no-code machine learning platforms. As businesses realize the potential of AI and machine learning in driving innovation and growth, the demand for accessible and user-friendly development tools will continue to rise. Low-code/no-code development platforms will enable businesses to overcome the skill gap and accelerate the implementation of AI solutions.

Embedded machine learning, also known as TinyML, is a subfield of machine learning that enables the deployment of machine learning models on resource-constrained devices. This technology allows devices to make informed decisions and predictions locally, without relying on cloud-based systems. Embedded machine learning offers several advantages, including reduced cybersecurity risks, optimized bandwidth usage, and enhanced privacy.

With the increasing adoption of IoT technologies, embedded machine learning is becoming more prevalent. By deploying machine learning models directly on IoT devices, businesses can benefit from real-time decision-making, reduced latency, and enhanced data privacy. Embedded machine learning enables devices to process and analyze data locally, leading to more efficient and responsive systems.

In 2024, we can expect to see a broader utilization of embedded machine learning across various industries. As businesses continue to embrace IoT technologies and seek to optimize their operations, embedded machine learning will play a crucial role in enabling intelligent and autonomous systems. From smart homes to industrial automation, embedded machine learning will revolutionize the way devices interact and make decisions.

The healthcare industry stands to benefit significantly from the adoption of machine learning. Machine learning algorithms can analyze vast amounts of patient data and identify patterns and trends that may not be apparent to human healthcare professionals. This technology has the potential to improve diagnostic accuracy, personalize treatment plans, and enable proactive preventive care.

Machine learning has numerous applications in healthcare. In diagnostics, machine learning algorithms can analyze medical images, such as X-rays and MRI scans, to detect abnormalities and assist in the diagnosis of diseases. In personalized medicine, machine learning can analyze genetic data to identify the most effective treatment options for individual patients. Machine learning also has the potential to revolutionize healthcare operations, improving efficiency and patient outcomes.

In 2024, we can expect to see further advancements in machine learning applications in healthcare. The integration of machine learning algorithms into electronic health records and wearable devices will enable real-time monitoring and proactive healthcare interventions. Additionally, the use of machine learning for drug discovery and clinical trial optimization will accelerate the development of new treatments. Machine learning will continue to transform the healthcare industry, improving patient care and outcomes.

Gartner, a leading research and advisory firm, has identified several technical segments that will employ machine learning trends in 2024. These segments include:

The use of AI for generative texts, code, images, and videos will continue to gain popularity in 2024. Creative AI and machine learning have the potential to revolutionize industries such as fashion, marketing, and creativity, enabling businesses to create unique and personalized content.

With the shift towards hybrid working models, managing a distributed workforce has become a significant challenge for businesses. AI and machine learning will play a crucial role in managing workforce efficiency and productivity in distributed enterprise environments. These technologies enable businesses to optimize their operations and drive growth in a remote working landscape.

Autonomous systems equipped with self-learning capabilities will become increasingly prevalent in 2024. These systems can dynamically analyze patterns and data, adapt to changing environments, and make informed decisions. Autonomous systems have applications in various industries, including transportation, logistics, and manufacturing.

Hyper-automation refers to the integration of AI and machine learning into automation processes. This trend will continue to gain momentum in 2024 as businesses strive to become more efficient and sustainable. By automating mundane tasks and complex business operations, hyper-automation enables businesses to streamline their processes and leverage data for intelligent decision-making.

As technology advances, cybersecurity becomes an increasingly critical concern for businesses. In 2024, there will be a heightened focus on cybersecurity, with businesses investing in AI and machine learning solutions to protect their systems and data. AI-powered cybersecurity systems can detect and prevent cyber threats in real-time, reducing the financial losses associated with cyber attacks.

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