Browsing: AI

So far, though, attempts to build supercomputer brains have not even come close. A multi-billion-dollar European project that began in 2013 is now largely understood to have failed. That effort has shifted to look more like a similar but less ambitious project in the U.S., developing new software tools for researchers to study brain data, rather than simulating a brain.

Digital platforms, the websites and apps which compete for our precious screen time, have successfully invaded the traditional territory of many sectors of the “old economy”. They have become the preferred – expected, even – domains for many kinds of human behaviour, from banking and property buying, to dating and entertainment.

Despite their names, artificial intelligence technologies and their component systems, such as artificial neural networks, don’t have much to do with real brain science. I’m a professor of bioengineering and neurosciences interested in understanding how the brain works as a system – and how we can use that knowledge to design and engineer new machine learning models.

As a cryptocurrency, there is no physical form that gives Bitcoin value, so it is impossible to perform traditional fundamental analysis of the currency. Consequently, many investors track the so-called technical trading indicators (geometric patterns constructed from historical prices and trading volumes) in order to understand and predict Bitcoin’s future movement.