Category Archives: Artificial Intelligence
Artificial intelligence focus of new Brock conference – Brock University
A new Brock University conference being held next week will dive into the world of artificial intelligence, shining light on and sparking conversations about various facets of the timely topic.
The inaugural AI Day at Brock will feature a wide range of multidisciplinary presentations that will help participants gain a better understanding of the science, ethics, applications and real-world impact of AI.
Open to the Brock community and members of the public, the free conference takes place Thursday, Nov. 9 from 9 a.m. to 6 p.m. in Pond Inlet. Participants can register for the entire event or choose to attend only in the morning or afternoon. Registration will be open until Tuesday, Nov. 7.
AI Day has been organized by the Faculty of Mathematics and Sciences Department of Computer Science as an annual initiative of the proposed Brock Centre for Artificial Intelligence.
We are living in an AI era. AI is playing an important role, and making a huge difference, in every corner of our lives and within many sectors of industry, says Computer Science Professor Beatrice Ombuki-Berman, who is helping organize AI Day with Computer Science colleagues and is co-leading initiatives for the proposed AI centre.
Ombuki-Berman says AI Day will promote the cutting-edge research being done at Brock and offer researchers an opportunity to receive feedback and make new connections that will hopefully lead to new collaborative initiatives and the continued growth of AI research at the University.
The day will feature nine technical presentations by Brock researchers on topics such as using AI in transportation and human movement and using AI for analysis, machine learning and predictions.
Brock researchers will also participate in a panel discussion on language models, and Brock faculty and students will present oral and poster session presentations about their AI-related research.
A featured technical presentation on AI for drug design will be led by Yifeng Li, Assistant Professor with Brocks Departments of Biological Sciences and Computer Science. The Canada Research Chair in Machine Learning for Biomedical Data Science is also co-leading initiatives for the proposed AI centre alongside Ombuki-Berman.
Jad Kabbara, a postdoctoral researcher at the Massachusetts Institute of Technology (MIT) Center for Constructive Communication, will deliver a keynote address on human-centred AI that delves into two MIT projects.
Kabbara will discuss leveraging AI in social media to design alternative online communities that can analyze and facilitate conversation to help foster genuine and productive dialogues. He will also talk about MITs Data Provenance Initiative, which aims to provide clarity on data licensing and characteristics to promote responsible use in AI development.
Brian Ross, Professor and Chair with the Department of Computer Science, hopes the wide range of topics and multidisciplinary applications offered by AI Day appeal to researchers and students from across campus and inspire current and prospective students to pursue AI-focused research, careers and education.
The Department of Computer Science is in a high-growth phase and artificial intelligence is a research and teaching strength of the department, he says. There has been active research in AI for many decades; however, within the last five years or so, the number of faculty working in different areas of AI has reached a critical mass. We are now exploring new AI-centred initiatives, such as the new PhD in Intelligent Systems and Data Science, a proposed Brock Centre for Artificial Intelligence and a proposed joint Bachelor of Arts and Bachelor of Science (BA/BSc) in Artificial Intelligence.
To learn more about AI Day at Brock, including the conferences program schedule and registration, visit the AI Day website.
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Artificial intelligence focus of new Brock conference - Brock University
How Artificial Intelligence Can Improve Diversity, Equity, Inclusion … – US Department of Commerce
Americas diversity has always been our nations greatest strength and we must continue to leverage capabilities from all people. People with disabilities have long strengthened our economy and expanded our Nations possibilities.
The growing popularity of Artificial Intelligence (AI) is opening new doors that are enhancing the work capabilities and performance for persons with disabilities. In recognition of National Disability Employment Awareness Month,the Department of Commerce hosted a panel discussion on the intersectionality of AI and neurodiversity and the impact of AI on hiring persons with disabilities as well as promoting diversity, equity, inclusion, and accessibility by all employees.
During the discussion, panelists stressed how AI can shape careers and improve day to day learning through neurodivergence, machine learning, and technology.
Panelist and Chief Information Officer Andr Mendes commented that some of the most significant contributions in fields like science, technology, and the performing arts have been given to us by individuals with neurodivergent characteristics.
Humanity is a spectrum, and that spectrum applies to all of us, said Mr. Mendes. Some of us have challenges that do not fit the norm. However, we all have intersectionality, and we all are more than our job.
Panelist Victoria Houde, Director of AI Policy and Strategy at the Department of Commerces Office of the Under Secretary for Economic Affairs, commented on the importance of making data more accessible to persons with disabilities, particularly among unrepresented communities.
As a black woman, it is important to me to be the voice in the room and get data into the hands of unrepresented communities and people that are just different than the stereotypical community, she said.
Ms. Elham Tabassi, NIST Associate Director for Emerging Technologies, participated in the panel discussion and stressed that AI systems can serve all people and that it is a shared responsibility for all of us.
We have a responsibility to make sure our technologies are fair and just, said Ms. Tabassi. When we increase the diversity of thoughts and thought process, magic happens.
Ms. Tabassi was nominated by Time Magazine as one of the most influential people in AI.
Making Commerce services, science, and data more accessible is a top priority for several agencies within Commerce that are utilizing AI to complete their missions. The inventory of Commerce AI Use Cases shows how AI is enhancing the departments mission and promoting the use of trustworthy artificial intelligence in the Federal Government.
The mission of the Department of Commerce is to help create economic opportunities for all communities, including people with disabilities. Internal to that goal is hiring and retaining more people with disabilities. At 10.9% percent, Commerce falls below the Equal Employment and Opportunity Commission (EEOC) benchmark for federal agencies to have 12% of their total workforce made up of people with disabilities. Yet, at 2.49 percent, Commerce exceeds the EEOC benchmark to have two percent of their workforce be made of up people with targeted disabilities which include persons with blindness, mobility impairments, or are deaf and hard of hearing.
The Biden Administration and the Commerce Department are committed to the equality and diversity of all Americans and creating a workplace and an economy that works for all Americans.
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How Artificial Intelligence Can Improve Diversity, Equity, Inclusion ... - US Department of Commerce
Just 2 states have released guidance on artificial intelligence for … – K-12 Dive
Dive Brief:
CRPE considers the fact that 13 states have or plan to publish AI guidance for schools is still a notable sign of progress since there had been no K-12 state recommendations before August.
This analysis comes just after President Joe Biden signed an executive order on Monday creating national guardrails around AI technology. The executive order specifically directs the Biden administration to create resources for AI in education within the next year.
It also requires the U.S. Department of Commerce to provide federal guidance for watermarking that clearly flags if content is AI-generated, which could help address student plagiarism concerns. Biden's order calls on Congress to pass legislation addressing data privacy concerns related to AI, especially for children.
However, CRPE said the White Houses one-year timeline for rolling out guidance is not enough and now is the time for states to step up.
States must use this moment to steward collective action and encourage responsible decisions, CRPE wrote. They possess a unique power to convene and drive coherence across schools and this role is especially critical now.
The Oregon Department of Education's guidance touches on the technologys implications for student data privacy and equity. It outlines strategies for addressing these concerns and provides tips for using AI in the classroom.
In California, state education officials also point to the potential for bias and inequity when using AI. At the same time, their guide notes that giving access to AI education to all students could also remedy equity and diversity workforce gaps in STEM fields. The California guidance further recommends districts integrate AI concepts and computer standards into their curriculum.
As educators await further guidance at the state and federal levels, technology groups and firms are continuing to share their own advice to help schools riding the AI wave. These recommendations from ed tech industry leaders and companies like ChatGPTs OpenAI often weigh the pros and cons of integrating AI tools into classrooms.
Even so, teachers are already exploring ways to integrate this quickly-advancing AI technology into classrooms, such as using generative AI to create tests and develop writing prompts.
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Just 2 states have released guidance on artificial intelligence for ... - K-12 Dive
Turner Spotlights Artificial Intelligence at 2023 Innovation Summit … – Turner Construction Company
Intelligent use of AI is having an impact at Turner
New York, NY, November 1, 2023 - Turner Construction Company recently held its eighth Innovation Summit, gathering 250 professionals from Turner and affiliate companies HOCHTIEF, ACS, Dragados, Flatiron, Real PM, and Clark Builders. For three days, participants delved deep into the theme From Artificial Intelligence (AI) to Intelligence Augmentation (IA). Participants engaged in sessions and hands-on workshops which illuminated the state-of-the-art in AI, its role in enhancing human skills, and a humanistic path forward in AI applications at Turner and beyond.
AI thought leaders presented a range of great practices and novel AI solutions in place to help employees mine and analyze Turners vast data warehouse to enhance risk management and improve access to information. In addition, an AI tool that adds efficiency and automation to the drafting of the approximately 30,000 trade contracts the company issues each year was demonstrated, and the Turner Engineering Group shared how they are exploring the integration of generative design into their processes.
Attendees collaborated to synthesize insights and imagine AIs applicability in their work areas. It is clear that AI and other technologies discussed at the conference can refine operations, heighten sustainability, reduce risks, and foster positive transformation within the built environment, said Kris Wahl, Innovation Manager. Wahl continued, The most promising concepts are undergoing evaluation for further development.
Turner promotes the ethical application of AI in construction, ensuring benefits for its workforce and the broader communities they serve. This summit highlighted our people-first approach to innovations, especially AI, said Jim Barrett, Vice President and Chief Innovation Officer. Barrett continued, More than just showcasing our advancements in AI, the event reaffirmed our commitment to prioritizing people in innovation. With the limitless capabilities of AI, we aspire to go beyond mere automation and unlock our peoples unparalleled potential.
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Turner Spotlights Artificial Intelligence at 2023 Innovation Summit ... - Turner Construction Company
Opinion | Universities have a responsibility to educate students on … – Daily Illini
It is not yesterdays news that artificial intelligence is taking over the future whats more concerning is the potential job scarcity that many students will face after they graduate. It prompts a vital question: Why arent universities pushing our education toward AI literacy and readiness?
Almost a year ago, University faculty were taken aback when ChatGPT launched on Nov. 30, 2022. They were not expecting such advanced technology, and because of the lack of preparation, they decided to ban it. Why didnt they consider teaching us how to use it to our advantage instead?
Academic honesty is a fundamental part of our educational system, and it is important to understand that using ChatGPT to write an entire essay is never the appropriate course of action. Using AI-driven chatbots to generate an essay does not stimulate our brain cells the same way it would if we wrote it ourselves. We must acknowledge that AI-driven chatbots, while useful, arent a direct replacement for our cognitive abilities.
However, that doesnt mean there is no place for AI in our education.
Technology has long been incorporated into education; it started in the 1920s with radio and gradually progressed to calculators and, ultimately, to computers. These technological tools, once regarded as shortcuts or even methods of cheating, are now educational essentials. In light of this historical pattern, we should reconsider our aversion to AI.
AIs compound annual growth rate a metric showing the average growth rate of an investment measured across a period longer than a year is projected at 38.1% from 2021 to 2030. AI might look lucrative now, but it will become even more lucrative down the line.
The AI market is also expected to experience annual growth rates of at least 120%, meaning there will be more firms engaging with the creation and implementation of AI technologies. By 2025, around 97 million people are projected to work in AI.
The statistics show that AI will undergo significant expansion and employment opportunities.
Embracing AI in education is not simply about creating shortcuts for students: Its about introducing a rapidly growing market into our daily lives in preparation for the future.
AI can benefit both students and educators, facilitating the teaching of complex subjects, providing instant feedback and personalizing the learning process. If you havent tried asking ChatGPT to explain some complex theories in a way an 8-year-old could understand, you should try.
To all of the educators out there: The intention here isnt to endorse cheating. However, using AI-driven chatbots for tasks like grammar-checking a paper can have the same benefits as using a calculator in math. By introducing AI to our education with regulations and guidelines to ensure responsible use we might take education to the next level.
AI is already being incorporated into the world of education. Learning platforms like Gradescope, Turnitin, Duolingo and Fetchy utilize AI to improve their services. These platforms offer educators valuable time-saving benefits such as automating tasks like grading papers, lesson planning and writing professional emails. By optimizing time management in this way, teachers can dedicate more of their time to actual teaching and engagement with their students.
If educators continue to instill fear of AI into students, they hinder students abilities to adapt to AI-dependent careers in the future. While the consequences of cheating are justifiable, the use of AI should not be conflated with unethical behavior.
What if I asked ChatGPT to explain an academic journal from 150 years ago with archaic language? Its hypocritical for professors to judge, since they used AI to check for plagiarism in my paper.
The rapid advancement of artificial intelligence is an undeniable force reshaping the landscape of education. By embracing AI, we not only prepare students for a future marked by technology but also empower educators to redefine their roles and enhance the learning experience.
If AI and human intelligence work together, we gain boundless opportunities for students and teachers. Its a step toward embracing the future, not a shortcut to it.
Natalia is a sophomore in LAS.
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Opinion | Universities have a responsibility to educate students on ... - Daily Illini
How Young Are Revolutionizing Media With Artificial Intelligence – Forbes
Generation-Z isnt just passively watching the rise of generative AI. Theyre taking an active role in shaping it. Im not really an open book, Justin Jin, the 17-year-old chief executive of the wildly popular Poybo Media, airs at the start of our conversation. Its an afternoon in late October, and hes lounging in a plain cru chair on the top floor of his headquarters in West Vancouver his bedroom. In pajamas, Nike, and a gray t-shirt with the outline of a bear, he looks like a high school senior en route home.
Poybo Media CEO Justin Jin
COURTESY OF Kiana Bagherpour
But this only seems appropriate. By inverting the top-down model employed by traditional media giants, Jins mission is to harness Poybo Medias knowledge of Gen-Z to create content that resonates with young consumers: videos that go viral, get views, and make people stop, think, and smile. We try to do things that feel more organic he says.
That digital mind-set comes naturally. Poybos origins go back to 2020, with Jin and his YouTube channel: 50mMidas. On Reddit and Discord forums, his first moment in the public eye was a Minecraft cheating allegation. That pushed the first few subscribers. Then, his Deez Nuts prank on a streamer turned into a popular video. When he received his first hundred dollar cheque from YouTube, the idea sparked to make a business around amateurish content Jin explains, noting that that was the starting capital for 50mMidas Media, which would converge into Poybo Media. He saw possibilities in the laugh-out-loud videos, the passionate community, the impact and, of course, the money.
He began to look for people, all young, to build more social media pages. Jin took the reins as CEO while, at first, no one was paid much. We didnt get many views for the first few months, because we had no idea what we were doing, but then we hit a million-views on a single YouTube short he explains. That got the ball rolling Jins quietly-run social accounts began to blow up with views soaring into the hundreds of millions. We then tried to focus on quality and a bit of branding so we could sustain the viewership he continued. Poybo Medias Web-native strategy has been picking up market share in the digital media industry ever since. Jin says that they just crossed 6 billion views, and that number is growing quickly.
Theyve refined quickfire viral publishing into an art form. Poybos team spots videos before they become hits, and, with lightning speed, uploads them to its Instagram pages. The clips are usually taken from TikTok, Twitter, Reddit, and other social media platforms. Because of their archetypes being popular throughout Western teen culture, the impact of Poybo Medias memes stem from a jolt of recognition we all get when someone shares a spot-on description of something or someone that we'd stopped analyzing.
In 2024, Jin plans to use artificial intelligence in content production to conserve both time and money. For him, Adobes Generative Fill feature could bolster longer-form in-real-life videos, while ChatGPT would form new content ideas.
AI is exciting. Were at a really magical moment in the media right now, where for the first time in half a century things are really getting re-imagined from a content perspective Jin says. Media is becoming more and more democratized.
He isnt alone: In general I dont see AI as a tool to reduce operating costs directly, but to be more effective in marketing, claims Bhavin Swadas, who co-founded CouponSaturn, an online platform that provides coupon codes and promotional offers with AI.
Jin has been able to monetize traffic by drawing a young audience that advertisers crave. Rather than sell those eyeballs programmatically for pennies, he direct-sells brand partnerships. According to The International Business Times, the company could be worth millions and be profitable too reasonably, given its seemingly low operating costs and young team.
Jin has big plans. He plans to attend college in the United States to study the media business and find people to help him make Poybo Media into a giant. We want to be the one-stop shop for entertainment and information for young people he adds.
I am the author of the bestselling book, "Cracking the Data Code," which serves as a blueprint for generating real business value from data, AI, and its family of technologies. Right now, I am the co-founder of an AI powered data story platform has been designed to help Heads of Ecommerce or Ecommerce product managers find growth opportunities for their business!
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How Young Are Revolutionizing Media With Artificial Intelligence - Forbes
3 Artificial Intelligence (AI) Stocks That Are Long-Term Buys – The Motley Fool
Artificial intelligence (AI) has been the hottest theme on Wall Street this year. The hype around the potential for this growing technology sent investors scrambling to get in on the action. Any stock with any relation to AI got a bump, making AI much like a tide coming in and lifting all the boats in the harbor.
But tides eventually go back out, so it's critical to know which companies will continue to catch the wave of the AI revolution and which ones will be left high and dry once the hype dies down.
If you're looking for AI stocks that have what it takes to motor on for the long term, you're in luck. Here are three with some sustained horsepower.
Graphics processing unit (GPU) chipmaker Nvidia (NVDA 3.79%) has arguably been the face of AI's 2023 rally. The stock is up more than 170% since January, trouncing the broader market. Investors are giddy over the company's early AI dominance; its AI chips have an estimated 80% market share. Nvidia's chips specialize in demanding applications requiring lots of computing power. That was applications like gaming and cryptocurrency mining in the past, but Nvidia successfully embraced AI head-on, and now companies can't get enough of Nvidia's chips.
You can see how growth has gone into a higher gear since earlier this year, and analysts believe that momentum will continue due to the long-term opportunities in AI. Researchers believe the global AI market will multiply in size over the coming years, approaching $2 trillion by 2030. Nvidia will undoubtedly face competition as others bring rival products to market, but Nvidia's early start and the growing market should mean plenty of opportunities to continue growing.
NVDA Revenue (Quarterly YoY Growth) data by YCharts
The market has taken a step back in recent weeks and Nvidia's stock price is down nearly 20% from its high this year. The pullback could be an opportunity to begin sniffing around shares for a long-term holding. The stock's forward P/E ratio is 37, but that's arguably reasonable if the company can grow earnings at the 33% annualized rate analysts expect.
Training AI models is an underrated part of developing these new AI technologies you're seeing. It's one thing to program the model, but it must be trained with massive amounts of data that few companies can access outside of perhaps Alphabet, Meta Platforms, and Microsoft. But thanks to data cloud and analytics company Snowflake (SNOW -0.60%), that could soon change. Snowflake is a cloud-based platform that can store, organize, analyze, and exchange data.
Especially exciting is that Snowflake is building a marketplace where companies can readily access more than 2,100 data sets, services, and apps. The company aims to become the go-to resource for companies to find and extract the data they need to improve their businesses -- or potentially train and hone AI models. Admittedly, revenue growth has slowed, which you can see below. However, Snowflake's billing is based on usage, which means it is vulnerable to slowdowns in a more challenging economic environment if customers cut back.
SNOW Revenue (Quarterly YoY Growth) data by YCharts
Slowing growth doesn't mean ending growth, either. Analysts believe revenue will grow from $2.75 billion this year to over $18 billion over the next decade. Additionally, Snowflake is poised for strong earnings growth as its revenue grows faster than its expenses. The stock trades at a hefty forward P/E of 205, but that could come down quickly if earnings growth averages nearly 60% annually, as analysts predict.
A common misconception is that leading semiconductor companies like Nvidia build their chips, but that's untrue. Usually, semiconductor companies design the chips and then outsource production to specialized manufacturers called fabs, like Taiwan Semiconductor Manufacturing (TSM 1.73%). TSMC (as it is often called) is the world's largest chip fab, owning 56% of the global market.
That makes TSMC a true pick-and-shovel investment in AI because there's a likely chance that whatever AI chip becomes popular, TSMC is building it. Being the market leader, TSMC has a reputation for specializing in advanced manufacturing, which cutting-edge AI chips are likely to need.
TSM Revenue (Quarterly YoY Growth) data by YCharts
The business model isn't quite as lucrative for a manufacturer. Revenue has shrunk over the past year, and analysts predict around 7% earnings growth. However, the stock's valuation is more modest at just under 17 times forward earnings. The company's location in Taiwan is also somewhat riskier due to China-Taiwan geopolitical tensions. Assuming political conflicts don't escalate, TSMC is entrenched as a critical long-term player in AI.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Justin Pope has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, Microsoft, Nvidia, Snowflake, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
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3 Artificial Intelligence (AI) Stocks That Are Long-Term Buys - The Motley Fool
Missed Out on Nvidia’s Magnificent Rally? Buy This Incredibly … – The Motley Fool
Shares of Nvidia (NVDA 3.79%) have delivered incredible returns of 193%to investors in the past year, and a big chunk of those gains can be attributed to the booming demand for the company's artificial intelligence (AI) chips.
After all, Nvidia's top and bottom lines started growing at an eye-popping pace thanks to the AI-fueled demand for its graphics processing units (GPUs). The chipmaker's revenue is expected to double in the current fiscal year to $54billion, which would be a massive jump over the flatrevenue growth it clocked in the previous fiscal year.
However, the big surge in Nvidia stock means that investors will now have to pay97 times trailing earnings and 31 times sales if they wish to buy the shares. Those are extremely rich multiples, though it cannot be denied that the company can justify them by sustaining its terrific growth. But investors who aren't comfortable paying rich multiples for Nvidia stock have an option to capitalize on the proliferation of AI in the form of Opera (OPRA -2.33%).
Shares of the web browser company are up an incredible 175% in the past year. But they are down more than 40% since mid-July on the news that Opera is looking to raise $300 million by offering new shares. However, the sharp decline in Opera stock over the past three and a half months indicates that the news of a fresh stock offering may already be priced in. The stock shot up more than 10% on Oct. 26 after it releasedbetter-than-expected quarterly results.
It won't be surprising to see Opera stock regain its mojo and go on another parabolic run after its latest report. A parabolic move refers to a rapid jump in the shares of a company in a short period of time -- similar to the right side of a parabolic curve on a chart -- and Opera investors have already seen that happen before the stock lost steam in July this year.
The stock currently carries a 12-month median price target of $20 according to a consensus of four analysts covering the stock, indicating a 72% jump from recent levels.
The Street-high price target of $23 suggests that Opera stock could jump 93% from where it is at this writing. The good part is that Opera could indeed deliver such impressive gains given its healthy pace of growth.
Opera's third-quarter revenuewas up 20% year over year to $102.6 million, exceeding the higher end of its guidance range of $97 million to $100 million. This was the 11th consecutive quarter of 20%-plus revenue growth for Opera and was well above the 15% growth that the company was originally anticipatingduring the quarter.
The company also reported an adjusted profit of $0.18 per share in Q3, more than double the year-ago period's reading of $0.08 per share.
The company's better-than-expected growth was drivenby a 24% year-over-year jump in advertising revenue, while search revenue was up 15%. Opera witnessed a healthy year-over-year jump of 24% in average revenue per user (ARPU) to $1.31.
In addition, Opera has raised its full-year revenue forecast to a range of $394 million to $397 million from the prior range of $380 million to $390 million. The company now anticipates full-year revenue to increase 20% from 2022levels. It has also increased its adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) guidance to $89 million at the midpoint from the earlier expectation of $82 million.
A key reason Opera has been able to sustain strong growth levels is because of the improved monetization of its services. It is worth noting that the company's ARPU has jumped 3 timesover the past four years, and the trend is likely to continue thanks to Opera's focus on integrating generative AI into its browser and advertising platforms.
Opera has integratedChatGPT into the sidebar of its browser. It offers both GPT-3.5 and GPT-4 large language models. While GPT-3.5 is available for free, users have the option to upgrade to GPT-4 by paying a subscription of $20 per month.
Additionally, Opera also offers its in-house chatbot -- Aria -- along with ChatGPT in its browser.
So, users can simply use Opera's sidebar to launchchatbots and punch in text prompts to gain contextual insights for their queries. What's more, Opera users can highlight the text on a webpage and use Aria to gain more insights about the topic they are researching. The generative AI chatbot also allows users to translate text right from the webpage.
Opera has made a smart move by integrating chatbots within its browser as this will allow it to tap a fast-growing market. Grand View Research estimates that the global chatbot market could post annual growth of 23% through 2030, growing from $5 billion last year to $26 billion at the end of the forecast period.
As a result, it won't be surprising to see Opera attract more users and gain a bigger share of the web browser market, which was worth an estimated $183 billionlast year and could grow to $590 billion by 2028.
Opera is expected to maintain healthy growth levels for the next couple of years as well, which is not surprising given the points discussed above. This is evident from the chart below:
OPRA Revenue Estimates for Current Fiscal Year data by YCharts
What's more, analysts are projecting Opera's earnings to grow at an annual rate of 84% for the next five years. That's faster than the 74% annual earnings growth that Nvidia is forecast to deliver over the same period. This makes buying Opera a no-brainer right now, as it is trading at 19 times trailing earnings compared to Nvidia's price-to-earnings ratio of nearly 100.
Assuming Opera's earnings increase at an annual pace of 80% for the next five years, its bottom line could jump to $4.72 per share in 2027, using 2022's earnings of $0.25 as the base. Multiplying the projected earnings with Opera's earnings multiple of 19 points toward a stock price of almost $90 after five years. That's more than 7 times the company's current stock price.
So, there is a solid chance that Opera could turn out to be a strong AI stock in the long run and deliver red-hot gains. Investors looking for an alternative to Nvidia to take advantage of this fast-growing technology should take a close look at Opera.
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Missed Out on Nvidia's Magnificent Rally? Buy This Incredibly ... - The Motley Fool
A year later, artificial intelligence remains a double-edged sword at … – The Setonian
AI has taken the internet by storm since its rise in popularity nearly a year ago, from generating images to writing essays in seconds. Today, AI seems to be embraced to a certain degree at Seton Hall, by being aware of some of its pros but also being aware of its cons.
The Department of Information Technology published a site called the Artificial Intelligence Resource Center, to guide faculty members in addressing the use of AI with strategies for integrating AI into curriculums, reducing AI-generated content by students and requesting consultations with the Teaching, Learning, and Technology Center Instructional Designer.
This new site will continue to change as more information is gathered, according to Paul Fisher, the director of the Teaching, Learning, and Technology Center and associate chief information officer.
We need to ensure the University community is aware of both the rewards this kind of technology can provide and the risks that it presents, Fisher said. For example, additions of AI in our security suite of software help us to weed out false positives and become aware of potential threats faster than before.
Fisher said that people can use AI with both positive and negative goals in mind.
Taking a shortcut with AI to write or analyze or some other skill wont make you very good at what you are trying to learn to do, he said. We need to make our students aware that in the long run, using AI will not get them to where they want to be.
He added the university licenses TurnItIn, a system that detects generative AI and other forms of plagiarism in written work and the department is actively looking at other tools to deploy that will help both faculty and students.
Some professors have expressed their worry over students relying on AI programs to do schoolwork.
Dr. Russell Sbriglia, associate professor and director of Undergraduate Literature Studies in the English Department, said that although some professors have proposed to do more in-class writing assignments to reduce the use of generative AI among students, students can still easily use ChatGPT in class as out of class.
My approach has thus far been to stress to students the limitations of ChatGPT, Sbriglia said. This includes modeling for students the kinds of errors to which generative AI software is prone. It also includes stressing just how integral writing is to the process of critical thinking.
He also said that students using AI software for their writing assignments outsource their ability to think critically.
It is through the very act of writing that we come to organize, construct, and even discover our thoughts on a given topic or text, he said. To skip that process altogether by using AI generative software is to curtail ones ability to think critically.
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He added that professors will need to become more nimble and creative when creating assignments that develop or test for the kinds of knowledge and skills that such programs simply cannot fake as generative AI continues to advance and become more sophisticated.
At the end of the day, artificial intelligence simply does not think like an actual human brain, Sbriglia said.
The English Department recently updated its Plagiarism Policy to address the use of generative AI, such as ChatGPT, amongst students stating that any use of AI tools for essays, journals, in-class writing assignments, etc. is in violation of the English Department Academic Integrity Policy, but with the exception of exercises developed by your professor.
Although some professors are worried about students relying on AI for their assignments, some professors have embraced the use of AI and adjusted their curriculum in a way their students can use it as a tool for learning instead of cheating.
Dr. Nada Khan, a professor in the Department of Chemistry and Biochemistry, said she is happy that AI is playing an important role in exploring new technologies and ideas.
Rather than worrying about students relying on AI, I work on tweaking my exams and assignments in a way that instead of cheating, copying, relying on AI, students can use it as a tool to expand their knowledge, Khan said.
She added that she uses different and new exam models and other ways to test her students knowledge, and it is easy for her to know if an exam was done with the help of AI.
Since I know the learning nature of my students during in-class work, it is easy for me to determine if the exam was completed with the help of AI, Khan said. This is another reason why I make them work on in-class assignments.
The Office of the Provost, the Center for Faculty Development, and the Teaching, Learning and Technology Center at Seton Hall will hold a panel discussion called Impact Talks Presents: Generative AI and Higher Education on Nov. 2 in Bethany Hall from 12:30 p.m.
The panel will host keynote speaker, Dr. Jason Gulya, professor at Berkeley College and chair of the Artificial Intelligence Council, along with Seton Hall faculty and student representatives sharing their thoughts on the rapid advancement of generative Artificial Intelligence (AI) and its impact on higher education.
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A year later, artificial intelligence remains a double-edged sword at ... - The Setonian
UTC to invest in artificial intelligence, prompting organizational … – Chattanooga Times Free Press
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October 30, 2023 at 3:41 p.m.
by Shannon Coan
With the rise in the use of artificial intelligence, the University of Tennessee at Chattanooga is taking steps to prepare students for an AI-driven world by integrating the technology across campus.
"As AI becomes much more commonplace and easier to access, there's a real opportunity to position both UTC and Chattanooga in the forefront," Vicki Farnsworth, the vice chancellor and chief information officer, said in a phone interview.
Farnsworth will oversee the university's efforts to apply generative AI in the university's instruction, business operations and research, Chancellor Steve Angle announced in a letter to staff Friday. Generative AI tools, such as ChatGPT, create new content using algorithms.
In September, UTC hosted two open forums to gather information about the existing work around AI on campus, as well as what would be needed to further integrate AI in a meaningful way.
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UTC to invest in artificial intelligence, prompting organizational ... - Chattanooga Times Free Press