The Key Part of the ICT Industry This Week

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Wednesday, March 29th, 2017
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Artificial Intelligence (AI) is rapidly becoming a key part of the ICT industry. We see it every week - and this week is no exception. How AI can be leveraged for social good, as well as Toyota's connected car moves, new G.fast trials and fintech startup growth in the Middle East.

According to ITU News Magazine on March 28, "AI for social good, there are a growing number of use cases for how AI can accelerate the United Nations' Sustainable Development Goals (SDGs)"

SpaceX and Tesla CEO Elon Musk is now reported to be launching Neuralink, a venture to merge the human brain with AI to help people keep up with machines. Musk has repeatedly warned about AI's risks to humanity.
He is backing a brain-computer interface venture called Neuralink, according to The Wall Street Journal. The company, which is still in the earliest stages of existence and has no public presence whatsoever, is centered on creating devices that can be implanted in the human brain, with the eventual purpose of helping human beings merge with software and keep pace with advancements in artificial intelligence. These enhancements could improve memory or allow for more direct interfacing with computing devices.

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Musk has hinted at the existence of Neuralink a few times over the last six months. Musk told a crowd in Dubai, “Over time I think we will probably see a closer merger of biological intelligence and digital intelligence.” He added that “it's mostly about the bandwidth, the speed of the connection between your brain and the digital version of yourself, particularly output."stressed

For the Connected car, Toyota's new partnership with Japanese telecom giant NTT on development, verification, and standardization of connected-car tech comes in the wake of its partnership with Ford on open-source software and its patent licensing deal with Microsoft. The moves highlight the growing trend of auto-ICT convergence.

Hyundai Motor Company has just become a member of ITU’s standardization arm (ITU-T), underscoring the importance of increased collaboration between the automotive and information and communication technology (ICT) industries in an era of rapid convergence.

Hyundai’s participation in ITU will support the company in building its “hyper-connected intelligent cars” platform, which includes smart remote-maintenance services, autonomous driving, smart traffic flow, and a connected “mobility hub” to provide security and data management for connected cars.

“Hyundai Motors is looking forward to participating in ITU and will bring important momentum from the automotive industry to advance the future of connected car technology,” said Shin Eon -Youl, Director of Hyundai.

For the Supercomputers, The EU is hailing a new Airbus-size alliance for supercomputers that aims to bring computing power that is 100 times faster than the fastest machines currently available in Europe. Meanwhile, quantum computing is developing rapidly and will require new security approaches.

Neil Sahota, Business Development Leader for IBM Watson says “While today’s computers can find patterns buried in vast amounts of existing data, quantum computers will deliver solutions where data may be incomplete or patterns cannot be seen because the number of exploration paths to get to the answer are too enormous ever to be processed by classical computers. Thus, quantum computers may be used to solve complex problems in medicine, discovering new materials, or optimizing logistics problems whilst minimizing our carbon footprint,”

* Fintech: Fintech startups compete in the growing Middle East market.
* G.fast: New G.fast trials bring new deployment scenarios for technology based on ITU standards.

* Digital Finance: LG is finally launching its mobile payment system in South Korea.

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LG is ready to debut its Samsung and Apple Pay rival now that it has forged a partnership with US-based firm Dynamics Inc. the Korean tech giant plans to launch its mobile payment system aptly called "LG Pay" in its home country this June. It will use Dynamics' wireless magnetic technology and will work with existing credit card terminals, just like Samsung's solution -- you only need to tap your phone against the device to make a purchase.

* Autonomous vehicles: Uber temporarily grounded its entire self-driving fleet in the * United States after an accident with one of its vehicles.
* Regulation: Uber also announced this week that it would pull out of Denmark due to a new taxi law.

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