An AI study convinced the world that robo-judges can predict the outcome of litigation – only it was wrong

An AI study convinced the world that robo-judges can predict the outcome of litigation – only it was wrong
Will robo-judges replace human judges?  About a month ago, an incredible story that machine learning could predict the outcome of Court decisions with 79% accuracy made international headlines. The story was newsworthy because of its obvious implications, namely that a $500 computer could, with some coding, replace human judges and produce judgements as accurate as humans. ...

AI – the $33 trillion tech opportunity

AI – the $33 trillion tech opportunity
Market value of $153 billion The artificial intelligence and robotics market was worth US$10.7 billion in 2014 and is expected to be worth US$153 billion by 2020 and to have a disruptive impact of between US$14 to US$33 trillion. The component for artificial intelligence alone (without robotics) is worth US$70 billion. Artificial intelligence is expected to ...