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posted by janrinok on Saturday April 07 2018, @08:29PM   Printer-friendly
from the I-can-help-if-you-give-me-your-PIN dept.

Predicting an eventual upturn in the sagging smartphone market, research director Ranjit Atwal told The Reg that while artificial intelligence has proven key to making phones more useful by removing friction from transactions, AI required more permissive use of data to deliver. An example he cited was Uber "knowing" from your calendar that you needed a lift from the airport.

"Today there an no good use cases for AI - it's just an enhancement of what we do on a phone. We're thinking ahead a few years, when AI can start to remove friction between us and the phone." This can be done by automating mundane tasks - such as ordering an Uber - but that will require users to share data with services they trust.

Another example Atwal cited was renewing house and car insurance. "If you haven't changed your car insurance there should be easier and more effective ways of doing that. But that only happens if you share your data."

That seems a tall order today. Since news broke that Cambridge Analytica used of [sic] Facebook data it should not have been able to access, Facebook has been on the end of the backlash for its permissive data sharing. And not just Facebook. Gay hookup service Grindr was found to be sharing medical information - including their HIV status - with third parties.

[...] "By 2020, AI capabilities on smartphones will offer a more intelligent digital persona on the device. Machine learning, biometrics and user behaviour will improve the ease of use, self-service and frictionless authentications. This will allow smartphones to be more trusted than other credentials, such as credit cards, passports, IDs or keys," Atwal concludes.

Putting the pieces together, then: if AI is to transform efficiency, and this transformation requires plenty of consumer data, and the data is valuable, then there are some interesting sums to be done. How much is your calendar worth? Will it be profitable for the likes of Uber to pay you for that data in order to get your business?


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  • (Score: 3, Interesting) by legont on Saturday April 07 2018, @09:10PM (5 children)

    by legont (4179) on Saturday April 07 2018, @09:10PM (#663807)

    Let's be more specific here. Former IBM's AI expert Robert Mercer https://en.wikipedia.org/wiki/Robert_Mercer_(businessman) [wikipedia.org] of Renaissance Technologies https://www.google.com/maps/place/Renaissance+Technologies+Corporation/@40.7556867,-73.9711741,15z/data=!4m5!3m4!1s0x0:0xe991b29993b82dba!8m2!3d40.7556867!4d-73.9711741 [google.com]

    He created Cambridge Analytica which rigged at least 4 elections including the US one and Brexit.

    Why the place is not busted yet?

    --
    "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
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  • (Score: 3, Insightful) by Anonymous Coward on Saturday April 07 2018, @09:36PM (4 children)

    by Anonymous Coward on Saturday April 07 2018, @09:36PM (#663813)

    "He created Cambridge Analytica which rigged at least 4 elections including the US one and Brexit.
    Why the place is not busted yet?"

    *
    *

    Because they have incriminating information which would lead to the downfall of important people, if that information were disclosed.

    Obviously you need to re-read your Machiavelli.

    • (Score: 2) by legont on Saturday April 07 2018, @10:20PM (3 children)

      by legont (4179) on Saturday April 07 2018, @10:20PM (#663822)

      You mean Putin does not have such info; poor schmuck he is?

      Perhaps, the show is yet to start.

      --
      "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
      • (Score: 2) by c0lo on Saturday April 07 2018, @11:22PM (2 children)

        by c0lo (156) Subscriber Badge on Saturday April 07 2018, @11:22PM (#663832) Journal

        You mean Putin does not have such info; poor schmuck he is?

        Why would he need this kind of info when he has nukes?
        Besides, he can do what Cambridge Analytica does for a fraction of the price.

        --
        https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford
        • (Score: 2) by legont on Sunday April 08 2018, @03:00PM (1 child)

          by legont (4179) on Sunday April 08 2018, @03:00PM (#663947)

          Hmm... are you saying that Putin's way of doing business is an order of magnitude more efficient than what the best minds of American investment (40% average return for 26 years is reported by Renaissance Technologies; that's return to investors, mind you, after expenses, which are highest in the industry)

          That's a serious clam about productivity, which is what divides winners from losers after all.

          If Putin really that smart and Russian technology really that good, we are doomed for sure.

          --
          "Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.
          • (Score: 2) by c0lo on Monday April 09 2018, @01:05AM

            by c0lo (156) Subscriber Badge on Monday April 09 2018, @01:05AM (#664109) Journal

            When it comes to propaganda services, absolutely.
            I would hire Putin's team over Cambridge Analytica every time.

            --
            https://www.youtube.com/watch?v=aoFiw2jMy-0 https://soylentnews.org/~MichaelDavidCrawford