Saturday, June 30, 2012

AI, Business and you

AI is used to increase a companies bottom line first.

Progressive insurance has a GPS monitor for your car with an accelerometer.
This lets them have a policy agent in your car at all times.
The driving and accident data is matched to set rates and increase profits.

Grok is used by credit card companies to predict a better payback from those who qualify but will tend to make late payments.

It is as important for a business to have more rights than an individual person as it is for an organ to have more rights than an individual cell.


2 comments:

  1. Hey Teddybot!

    I like your site. Would you like to update your links - some of them don't work anymore.

    Thanks for sharing!

    ReplyDelete
  2. Hi Teddy,

    Have you seen the new open-source initiative regarding HTM theory and algorithms?

    http://forum.numenta.com/viewtopic.php?f=6&t=1550&sid=7656a0a0555d6763b35c40b7a35d9624

    Please, contact us if you have interest,

    Thanks, David

    ReplyDelete