Science & Technology
JP Morgan's latest hire shows what the hottest field at investment banks is right now
J.P. Morgan Chase hired a veteran professor as head of artificial intelligence research as the investment bank prepares for wider adoption of automation.
Why Chinese companies including Alibaba and Tencent have an edge over U.S. rivals
Because AI systems get smarter as they analyze more data, when you get ahead by a month, you’re ahead by a year, and when you get ahead by a year, you’re ahead by a decade. China is quickly getting ahead by a year or more, which means it might not be catchable. While the West contemplates adding to the regulatory burden of tech companies, China has cleared the way for the likes of Tencent and Alibaba BABA, to innovate.
U.S. commerce secretary says 5G priority for Trump administration
The U.S. commerce secretary said on Tuesday that building a next-generation 5G mobile network was a priority for President Donald Trump’s administration, boosting the argument behind the proposed merger of wireless carriers Sprint Corp (S.N) and T-Mobile US Inc (TMUS.O). “I think the pitch that Sprint and T-Mobile are making is an interesting one, that their merger would propel Verizon and AT&T into more active pursuit of 5G,” Wilbur Ross told CNBC.
The US lags behind 8 other countries in AI and automation readiness
According to a study published last week, the United States is quickly falling behind other developed nations in preparing workers for a future driven by AI and automation. The Automation Readiness Index looks at 25 advanced economies to determine which is making the greatest strides in preparing their workforce for an automated future.
Female Scientists Who Have Children Have Their Careers Set Back, A Recent Study Shows
The analysis from the Universities of Bath and Turin looked at the careers of 262 male and female scientists over a 10-year period, including citations (how much of their work is quoted by others), funding, and publications. And they found that female scientists often experienced a "motherhood penalty" that sounds a lot like sexism.
U.S. considers tightening grip on China ties to corporate America
So far, U.S. government reviews for national security and other concerns have been limited to investment deals and corporate takeovers. This possible new expansion of the mandate - which would serve as a stop-gap measure until Congress imposes tighter restrictions on Chinese investments - is being pushed by members of Congress, and those in U.S. President Donald Trump’s administration who worry about theft of intellectual property and technology transfer to China, according to four people familiar with the matter.
How success breeds success in the sciences
A small number of scientists stand at the top of their fields, commanding the lion's share of research funding, awards, citations, and prestigious academic appointments. But are they better and smarter than their peers? Or is this a classic example of success breeding success -- a phenomenon known as the "Matthew effect"?
What does the Sprint and T-Mobile merger mean for 5G?
According to the two companies’ big announcement video, the combined “New T-Mobile” and its 5G network will leverage both T-Mobile’s 5G plans to use the 600MHz band of spectrum and Sprint’s plans for the 2.5GHz band to build out a nationwide network that will be “the highest capacity mobile network in US history.”
NASA's new strategic plan reveals return to the moon and development of new tech
The new four-year strategic plan for NASA provides a foundation to return to the moon “for long-term exploration and use” as well as creating a base for “eventual crewed missions to Mars and potentially beyond.”
Ford to stop making all passenger cars except the Mustang
If you’re looking to buy a car from Ford, you’ll soon have only one choice: a Mustang. Faced with plunging demand and declining profits from its passenger car lineup, Ford will shift its resources to the booming side of the market: pickups, SUVs and crossover-utility vehicles, said CEO Jim Hackett late on Wednesday.