SINGAPORE, Oct. 27, 2020 /PRNewswire/ -- With the Royal Danish Embassy, Singapore and Cyber Youth Singapore officially supporting the event, global technology experts and solution providers unearthed the new opportunities for AI adoption in Singapore.
Dr Ben Goertzel, CEO & Founder of SingularityNET Foundation, Hong Kong; Sandra Jensen Landi, Ambassador to Singapore, Royal Danish Embassy, Singapore; Sutowo Wong, Director at Analytics and information Management, Ministry of Health Singapore, Richard Dutton, Head of Machine Learning at Google, USA; Kirill Petropavlov - AI Director at Bank of Singapore; shared crucial insights on new developments in AI during the COVID era.
"Everyone is deploying AI and those who are willing to move faster in the direction of AGI are going to have a competitive advantage in delivering more value and receiving more value," said Dr Ben Goertzel in his keynote on the advancement of AI to Artificial General Intelligence (AGI).
Sandra Jensen Landi, Ambassador to Singapore discussed how Denmark is focusing on Human-Centric AI for building trust, transference and the greater good. She stated, 'Digitalisation in Denmark is not about technology, it is about empowering citizens, it is about human needs. Our policies are aimed at putting citizens in control of his or her data & to make free and accessible data available to improve everyday living and to drive corporate innovation as well."
The conference was hosted on Vmeets, an advanced virtual events platform specialised in providing a modern digital experience setup for immersive and interactive virtual events that create real engagements, deliver data and drive revenue.
At the virtual events platform, participants were able to discuss on many trends and challenges such as; transforming into a Human-Centric AI organization post-crisis, future of work, deploying enterprise AI, how AI can transform customer experience, cloud tech, cyber security in a post-COVID era and more.
World AI Show - Singapore was officially sponsored by; Platinum Sponsor - Tech Data and Dataiku; Gold Sponsors - AspireNxt; Exhibitors - NeoSOFT Technologies and BCS Technology International Other partners included; Supporting Partner: Royal Danish Embassy in Singapore and Cyber Youth Singapore; Association Partner – Artificial Intelligence Society of Hong Kong; PR Partner – PR Newswire Asia.
About World AI Show
World AI Show is a thought-leadership-driven, business-focused, global series of events taking place in strategic locations across the world. It connects top AI experts, enterprises, government representatives, data scientists, technology leaders, startups, investors, researchers, academicians, and global AI innovators – to discuss the impact of AI on commercial applications and the revolutionary ways it can transform businesses and government functions.
Visit singapore.worldaishow.com to know more.
SpaceX founder Elon Musk.
Paul Hennessy/SOPA Images/LightRocket via Getty ImagesElon Musk said Friday that SpaceX has a "fighting chance" of sending an uncrewed Starship rocket to Mars in 2024, later than previously hoped.
The SpaceX Starship rocket, designed to hold as many as 100 passengers and carry heavy payloads, is still in early testing stages.
Musk said in 2017 that on his "aspirational" timeline, SpaceX would send a rocket to Mars in 2022, followed by a crewed mission two years later.
He told the Mars Society on Friday that the new Starship dates were "just guesses."
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SpaceX founder Elon Musk said Friday the company has a "fighting chance" of sending its Starship rocket to Mars in 2024 — two years later than hoped.
During Mars Society's 2020 virtual conference, Musk said SpaceX could send an unmanned Starship rocket, which is currently in its prototype stage, to Mars in 2024 provided it sees "exponential improvement in our rate of innovation."
He later said this date was only a "guess."
Musk said in 2017 that his "aspirational" timeline was for SpaceX to send cargo ships to Mars in 2022, followed by a crewed mission two years later.
SpaceX has completed two successful "hop" tests of the rocket at the company's Texas facility, where it was launched hundreds of feet into the air before returning back to Earth.
The SN5 Starship model lifting off for a "hop" test on Tuesday, August 4, 2020.
The rocket is designed to hold as many as 100 passengers and carry heavy payloads.
Musk also told the Mars Society he was "80% to 90% confident" the aerospace giant will reach orbit next year with the rocket.
He said he was "50% to 60% confident" that SpaceX will be able to bring the rocket and booster back after it reaches orbit — but said "we'll probably lose a few ships before we get the atmospheric return and landing right."
Musk told Mars Society President Robert Zubrin over Zoom that his estimated dates for the Starship mission "are just guesses."
"It's not like I have all these secret dates and I'm just keeping them from people," the SpaceX and Tesla CEO said.
Many of Musk's promised timelines over the years have been missed.
Musk said in February 2019 he was "certain" Tesla would make self-driving vehicles by the end of 2019. Tesla is due to release a beta version of its "Full Self-Driving" feature this month to some drivers.
Musk said in 2015 the company's vehicles would be driverless by 2017.
SAN JOSE, Calif., Oct. 27, 2020 /PRNewswire/ -- There's a new breed of buy now, pay later (BNPL) services being offered to online shoppers. You may have noticed one of these installment plan options while shopping online at your favorite retailer. These plans allow purchases to be paid off in multiple payments over time rather than all at once. They're similar to layaway, except that your products are shipped right away. What follows is what you need to know about buy now, pay later services and credit, from myFICO.
For more loan and credit education, visit myFICO's blog at https://www.myfico.com/credit-education/blog.
How Buy Now, Pay Later Services Work
Some BNPL services are offered with no fees or interest and sometimes no upfront payment, which can be attractive even for shoppers who have a credit card with available credit. Depending on the purchase amount, you may be presented with multiple payment options with different monthly payment amounts and interest rates. Choose the one that fits your budget, then provide your payment information.
For repayment, the service may link directly to your banking account, making it easier to pay off the balance and eliminate late payments as long as the account is open and funds are available.
Shoppers are embracing the opportunity to buy now and pay later. According to a survey from The Ascent by Motley Fool, more than a third of U.S. consumers have used a BNPL service. While most people say they have used the services to avoid paying credit card interest or buy something not in their budget, only ~22% say they understand all the service's terms and conditions.
The Impact on Your Credit
Remember that even if there's no credit check for a BNPL service, your credit could still be impacted. For example, missed payments could affect your FICO® Score, according to Janet Alvarez, Credit Card & Personal Finance Expert at The Ascent by The Motley Fool. You could also face penalty interest rates or fees on top of negative marks on your credit report.
Most services require you to provide your credit or debit card information, which typically help you avoid missed payments. However, you could default if your payment is declined or returned by the bank, for example, if you don't have sufficient funds or your account is closed. The provider might also consider you to be in default if you file for bankruptcy while you have an outstanding installment plan, you provide false or inaccurate information, or you otherwise violate the terms of the installment agreement.
Some services may check your credit to determine eligibility. With Affirm and Klarna, these aren't hard credit checks that affect your credit.
PayPal Credit may be offered at checkout, but you're actually signing up for a reusable line of credit, which is more like a credit card than a BNPL service. Some purchases made with PayPal Credit qualify for six months with no interest, and monthly payments are reported to the credit bureaus, whether late or on-time.
Tips for Borrowing Responsibly
If you're using a credit card as the payment method for the BNPL purchase, make sure you pay that balance in full and on-time each month. Otherwise, carrying a balance will lead to interest, and late payments will incur a fee and potentially damage your FICO® Score
Like other inaccurate information, you're allowed to file a dispute with the credit bureaus if you believe information about a BNPL service is inaccurate. Accurate negative information can remain on your credit report for up to seven years and factor into your FICO® Score.
Of course, when you're considering BNPL services for purchases, you should factor in your ability to pay. Smaller payments could tempt you into spending more than you actually can afford. While the payments may be more affordable, keep in mind any major expenses you have coming up that could impact your payments.
myFICO makes it easy to understand your credit with FICO® Scores, credit reports and alerts from all 3 bureaus. myFICO is the consumer division of FICO– get your FICO Scores from the people that make the FICO Scores. For more information, visit https://www.myfico.com.
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