Friday 29 May 2015

Kevin O'Leary of 'Shark Tank' invests in 27 companies and says the only ones making money have female CEOs | Business Insider

"All the cash in the last two quarters is coming from companies run by women," he told Business Insider at a recent event for the startup Honeyfund, in which he is an investor. "I don't have a single company run by a man right now that's outperformed the ones run by women."

O'Leary has 27 companies in his portfolio, he said, and 55 per cent have female CEOs. He has spoken about his faith in female CEOs in the past, but only discovered recently just how divided the numbers in his portfolio are in terms of gender.

http://www.businessinsider.com.au/kevin-olearys-female-ceos-make-all-the-money-2015-5




Here's when artificial intelligence could go from helpful to scary | Business Insider

At the Wall Street Journal, MIT lecturer Irving Wladawsky-Berger explained that soft AI is "generally statistically oriented, computational intelligence methods for addressing complex problems based on the analysis of vast amounts of information using powerful computers and sophisticated algorithms, whose results exhibit qualities we tend to associate with human intelligence."

For most of us, soft AI is an everyday part of our lives. As Kurt Anderson at Vanity Fair notes, it allows us to refill prescriptions, cancel airline reservations, and obey the instructions coming from the GPS.

Then there's strong AI.

According to Wladawsky-Berger, strong AI is "a kind of artificial general intelligence that can successfully match or exceed human intelligence in cognitive tasks such as reasoning, planning, learning, vision and natural language conversations on any subject."

Some people think that this "mechanical general intelligence" is inevitable given the exponential rate at which technology advances.

You can see it in Moore's Law, named for Intel cofounder Gordon Moore.

http://www.businessinsider.com.au/when-artificial-intelligence-turns-scary-2015-5




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