Emerging tech news

AI PAINTING SELLS FOR US$432,500 UNDERLYING AI ALGORITHM TAKEN FORM OPEN SOURCE LIBRARY.

The world’s first AI painting to go under the hammer at a Christie’s auction house sold with a bang raking in a whopping US$432,500, some 40 or so times more than the highest expectations. In the days since the story has developed further with it coming out that Obvious (the company taking home the cheque) borrowed heavily from code that was freely available on the code-sharing portal Git-Hub.

AI PREDICTED TO ADD US$5.8 TRILLION TO GLOBAL ECONOMY AT LEAST WE’LL ALL BE RICH BEFORE THEY TURN ON US.

Global management consultancy firm McKinsey and Company have released a report that estimates that AI will contribute between US$3.5 trillion and US$5.8 trillion dollars to the global economy annually, at some point. While the McKinsey Global Institute report didn’t develop a timeline for AI uptake, it did predict a 12% increase in annual revenues from AI’s influence on sales growth across 19 industries in over 400 use cases.

STUDY SHOWS GLOBAL PREFERENCE FOR SAVING YOUNG IN AI CAR CRASH MORAL MACHINE EXPERIMENT ASKED RESPONDERS TO CHOOSE TO SAVE YOUNGSTERS OR THEIR ELDERS.

The moral dilemma of who to save in a crash has been a longstanding philosophical experiment, but a new study has used this dilemma to survey global preferences in order to train self driving cars. The study found that in a crash situation where only one party could live, people felt that the humans take precedence over animals, a the more numerous group should be saved and youthful should be spared over the elderly.

OCULUS ANNOUNCES VR ALL-IN-ONE HEADSET DUBBED QUEST ON A MISSION FOR TRUE WIRELESS VR.

At the end of September Oculus announced that it would be releasing a new standalone VR gaming headset that would be significantly more powerful than it’s smartphone-level Oculus Go. Arriving sometime in the second quarter of 2019, the Oculus Quest will offer 6 degrees of freedom tracking, Touch controllers and compatibility with over 50 VR titles like Robo Recall, The

Climb and Moss at launch. With a dual resolution of 1600 x 1400 pixels, we’re impressed that such a powerful mobile device could come in at US$399.