Subscribe to Updates
Get the latest technology news from TechFinancials News about FinTech, Tech, Business, Telecoms and Connected Life.
Author: The Conversation
The EU looks set to ban some of the most concerning forms of artificial intelligence (AI), such as the “social credit” surveillance system used in China, according to draft AI regulations published by the bloc. The proposed regulations, which will be reviewed by elected representatives before passing into law, will also bring some comfort to those outraged by instances of bias and discrimination generated by AI. These include hiring algorithms found to systematically downgrade women’s professional profiles, and flawed facial recognition technology that has led police to wrongfully arrest black people in the US. Such AI applications are regarded by…
The recent crash of a Tesla car in the United States, in which two people died, has reignited debate about the capabilities and safety of today’s “self-driving” technologies. Tesla cars include an “autopilot” feature which monitors surrounding traffic and lane markings, and the company is currently rolling out a more advanced “full self-driving” system which promises automatic navigation, stopping at traffic lights, and more. Investigators say it appears nobody was in the driver’s seat of the vehicle when it crashed. Tesla chief executive Elon Musk has said no self-driving features were in use at the time. Nonetheless, the tragic incident…
Labour markets around the world are undergoing significant changes – particularly in non-tech sectors. South Africa hasn’t been spared from this wave of change. The country has high unemployment rates by global standards, both at national level and among the youth. According to some theories, higher education leads to better labour market outcomes and improves future income through better career paths. But these theories have been criticised in countries with high rates of unemployment, where even graduates often struggle to find employment. It seems higher education is no longer a guarantee of a job. In 2019, South Africa had the…
The COVID-19 pandemic has led to widespread disinformation circulating on social media globally. This includes false information about the virus, its origins and possible cures for the disease it causes. Much of the inaccurate information was related to China, the country where the first cases of an atypical pneumonia were reported in December 2019. This was determined in January 2020 to be caused by a novel coronavirus. Although the precise origin of the virus is still unknown, a major investigation by the World Health Organisation found that markets that sold animals were a probable source. Alternative theories, such as that…
India has stepped up its global ambitions and foreign policy re-engagement with African countries in recent years. Its bilateral trade increased from $7.2 billion in 2001 to $63 billion in 2017/18. India is now the third-largest export destination and the fifth largest investor on the continent. While it plays catch-up with China’s commanding presence in Africa, India has signed numerous new bilateral agreements. It has also strengthened its diplomatic presence and is actively furthering trade, infrastructure and private sector investments. In our research under a multi-year project, we found that New Delhi promotes an alternative model of development. It showcases…
There is no shortage of disciplines and industries rife with sexism. The STEM fields – science, technology, engineering and mathematics – are particularly well known for their misogynistic cultures. But I believe, based on my personal experience, the experiences of my fellow female economists and hard data, that there’s a strong case to be made that economics is the worst academic field in which to be a woman. And the consequences of this aren’t felt only by the women who work in the field and must endure sexist policies and hostile behavior. Government policies would likely look very different were…
Artificial intelligence (AI) holds great promise for improving human health by helping doctors make accurate diagnoses and treatment decisions. It can also lead to discrimination that can harm minorities, women and economically disadvantaged people. The question is, when health care algorithms discriminate, what recourse do people have? A prominent example of this kind of discrimination is an algorithm used to refer chronically ill patients to programs that care for high-risk patients. A study in 2019 found that the algorithm favored whites over sicker African Americans in selecting patients for these beneficial services. This is because it used past medical expenditures…
As the second wave of COVID-19 sweeps across Africa, bringing steep increases in infections and deaths, the battle between facts and conspiracies – especially around the safety of COVID vaccines – has also intensified. For anyone who has worked on crop improvement in Africa over the last three decades, the flood of misinformation around vaccines evokes an eerie sense of déjà vu. It is reminiscent of the aggressively anti Genetically Modified Organism (GMO) campaign that has stalled Africa’s efforts to improve the productivity and nutrition of key crops over the past three decades. Those of us working in the GMO…
The history of humans’ use of technology has always been a history of coevolution. Philosophers from Rousseau to Heidegger to Carl Schmitt have argued that technology is never a neutral tool for achieving human ends. Technological innovations – from the most rudimentary to the most sophisticated – reshape people as they use these innovations to control their environment. Artificial intelligence (AI) is a new and powerful tool, and it, too, is altering humanity. Writing and, later, the printing press made it possible to carefully record history and easily disseminate knowledge, but it eliminated centuries-old traditions of oral storytelling. Ubiquitous digital…
Artificial intelligence (AI) is learning more about how to work with (and on) humans. A recent study has shown how AI can learn to identify vulnerabilities in human habits and behaviours and use them to influence human decision-making. It may seem cliched to say AI is transforming every aspect of the way we live and work, but it’s true. Various forms of AI are at work in fields as diverse as vaccine development, environmental management and office administration. And while AI does not possess human-like intelligence and emotions, its capabilities are powerful and rapidly developing. There’s no need to worry…