Energy-hungry artificial intelligence systems are heading for a dead end. The solution is to design systems that work like the human brain, not an oversimplified version of it.
Digitalisierung, KI und Automatisierung finden sich seit einigen Jahren in allerlei Absichtserklärungen. Im Unternehmensalltag klingt das oft so: Wir wollen digitaler werden! Schön, sagen viele, aber wie lässt sich das von der Theorie in die Praxis umsetzen? Und wie...
Despite their popularity, steam-powered cars had a very short life. Why? Because they needed up to 30 minutes to start. They were rapidly replaced by automobiles with internal combustion engines and electric starters. Automobilists abandoned their beloved steam cars...
Viele Unternehmen aus unterschiedlichen Branchen beißen sich regelrecht die Zähne aus, wenn es darum geht, Unmengen an Handbüchern, Texten, Gesetzen oder Verträgen zu vergleichen und zu ändern.
Insurers handle, on average, more than 100,000 documents every year, which take a huge amount of time and effort to process manually, and are open to human error. Most of them contain unstructured data (which accounts for 80 per cent of data produced globally),...
Businesses have countless documents to keep track of. And organizing, maintaining and updating them can be a challenge, both from a volume and a manpower standpoint. Intelligent document processing (IDP) tools are increasingly applied to process and analyze structured...
Artificial Intelligence (AI) adoption in marketing so far has been mainly driven by predictive analytics based on behavioral and historical data, content personalization of web pages and conversational AI. But there is another domain that remains largely untapped: the...
Like all pharmaceutical companies, Bristol-Myers Squibb is required to conduct “post-market surveillance.” That is, once a drug is approved and being sold, the company needs to know if any patients are experiencing adverse reactions or unusual side effects that didn’t...
The fundamental difference of our approach is that we focus on the data representation, not on the algorithm like the mainstream machine learning approaches do. Our Semantic Folding theory describes a new data representation called Semantic Fingerprint. It corresponds...
The value of Contract Lifecycle Management (CLM) systems is shifting from creating, storing and monitoring legal agreements to providing deeper insights into risks and opportunities. Just surfacing basic information like name of parties involved or termination date,...
In this AL TV Product Walk Through, CMO Steve Levine, takes us through some of its capabilities, especially the way that it takes a semantic approach to contract analysis and extraction. For example, it can extract a date from a lease and assign it to the right legal...
Green Tech has been around for the past twenty years but has only gained traction recently due to the rising concerns about global warming. The green tech and sustainability market was valued at $11.2 billion in 2020, and it is expected to reach $36.6 billion by 2025....
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