AI Are Better at Predicting Elections Than Humans
MogIA, an artificial intelligence (AI) system developed by an Indian start-up, correctly predicted the outcome of this year's elections. It based its analysis on 20 million data points from platforms such as Google, Twitter, and YouTube, reviewing public engagement across various posts in relation to individual candidates.
Earlier this year, an AI system was able to accurately predict the winners of the
Kentucky Derby
. In October, a study reported that AI can already predict the outcomes of cases at the
European Court of Human Rights
with a 79% accuracy.
Leading up to the historic election, Democratic candidate Hillary Clinton led the late polls with a small, but consistent lead. This made Republican nominee, Donald Trump's victory a complete surprise for the nation, if not the world.
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What's the Difference Between Artificial Intelligence, Machine Learning, and Deep Learning?
Artificial intelligence is the future. Artificial intelligence is science fiction. Artificial intelligence is already part of our everyday lives. All those statements are true, it just depends on what flavor of AI you are referring to.
For example, when Google DeepMind's AlphaGo program defeated South Korean Master Lee Se-dol in the board game Go earlier this year, the terms AI, machine learning, and
deep learning
were used in the media to describe how DeepMind won. And all three are part of the reason why AlphaGo trounced Lee Se-Dol. But they are not the same things.
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Creativity and Product Innovation
On a business trip to the US, Honda's CEO found fumbling for change at tollgates a problem, even an irritation when the cars behind impatiently started honking their horns. Coin trays in cars today are taken for granted, but Honda was the first, due to their CEO's smart observation of an important, but undetected, problem "tollgate hell."
Think about the hundreds of General Motors and Ford executives who went through tollgates for years without an ounce of inspiration.
The "mundane world" we live in offers triggers for creativity every day as we go about our daily activities, however, will these triggers be recognized or simply pass us by like a ship in the dark of night?
Most of us aren't very creative. It can't be plucked like low hanging fruit from a tree nor does it come automatically with an MBA from a prestigious business school. A two-year-old child is more creative than their parents because the barriers to creativity have yet to strangle the child's "creative juices."
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Are You Driving Innovation Home Like A Champion?
Getting young women and men to develop their innate capacity to be innovative has been at the center of what I aim to accomplish. I did this as dean of undergraduate engineering at Northwestern University for over the past quarter century, and I am still doing it as Co-Director of the Master of Product Design and Development Management program here. Innovation involves the act of creating something new that will improve peoples' lives. It can be a tangible thing, or it can be an intangible process. What is required of an innovator is an understanding of what people would value but for which there is nothing currently available to provide that value.
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Listen Now
We join JeffreyHayzlett to talk #AllBusiness and how we recognize and honor BOTH the thinkers and doers.
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Edison Awards
Sponsorships
Each year, hundreds of companies submit a nomination to receive an Edison Award, known as the "Oscars of Innovation." Over fifty percent of attendees are C-level executives who recently launched a new product or service and are in need of support to globally expand their product line and sales. Sponsorship gives your company an opportunity to connect with an international community of innovation practitioners.
If you are interested in becoming
a sponsor, contact Rob Manes
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2017 Nominees
Browse the gallery of outstanding nominees we've received for the 2017 Edison Awards to get a sneak peak at the tremendous variety of new, innovative products and services in today's marketplace.
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