Mit news and trends

AI Advances Video Analysis for eCommerce
artificial intelligence // June 05, 2024

Artificial intelligence (AI) is cutting through the noise in online videos, helping shoppers quickly find the information they need. Researchers at MIT and IBM have developed an AI method that could help viewers navigate directly to the most relevant parts of a video. At the...

MIT Engineers Aim to Advance Household Robots With AI Integration
artificial intelligence // April 08, 2024

Thanks to advancements in artificial intelligence, household robots are getting smarter and could soon evolve far beyond their current roles as mostly self-guided vacuum cleaners. MIT engineers are working on a method that enhances the intelligence and adaptability of household robots, integrating them with large language models...

MIT Says AI Development Should Help the Workplace, Not Control It
artificial intelligence // December 13, 2023

Since technical automations first started scaling across 18th century textile industries, innovations have created jobs. Typically, the substitution of machines, like 19th century agricultural harvesters or the sewing machine, for human labor results in more jobs being created than jobs replaced: a net positive.  That’s...

Shutterstock Assists OpenAI in Training for AI Models
artificial intelligence // July 11, 2023

 Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With...

Interviews & Exclusives
Web3 Expands Creator Access, Improves Competition

March 16, 2022
For many years, Google, Meta, Amazon and other Big Tech companies have been the dominant players of Web 2.0, the traditional way we use the internet. However, Web3, or a new world wide web based on blockchain technology, may offer a lot of potential for increasing competition in digital platforms. Yet, it remains to be […]

Federal Reserve’s Cunha on the State (and Timeframe) of Digital Dollars

August 21, 2020
Digital dollars are a maybe – but if so, not for a while. And there’ll be quite a bit of tinkering with the technology (especially the infrastructure) and the use...

Quick Reads
Shutterstock Assists OpenAI in Training for AI Models

July 11, 2023
 Shutterstock and OpenAI have agreed to stick together for another six years. The expanded partnership, announced Tuesday (July 11), will help Shutterstock “solidify its position as a leading provider of high-quality training data for OpenAI models,” the stock image, video and music provider said in a news release. With the new collaboration, OpenAI — creator of the artificial intelligence […]

Visa, MIT Reports: Card-Present Fraud Rising as In-Store Shopping Returns

October 06, 2022
As consumers have returned to shopping in physical stores, scammers have stepped up their use of card-present threats.  For example, between June and November 2021, the number of physical skimming...

Accenture, MIT Develop Stress Test For Supply Chain Resilience

October 26, 2020
To evaluate the financial and operational risks presented by significant market interruptions, disasters or other catastrophic occurrences, Accenture and the Massachusetts Institute of Technology (MIT) are creating a supply chain...

Bitcoin Daily: US Marshals To Hold Bitcoin Auction; Researchers Claim New ‘Spider’ Tech Can Route...

February 03, 2020
The U.S. Marshals Service is auctioning roughly $40 million in bitcoin, CoinDesk reported on Monday (Feb. 3). The auction of 4,040 confiscated bitcoin — worth $37.7 million at press time —...