USA News Group
Commentary
Issued on behalf of Scope AI
Corp.
VANCOUVER, BC, May 16, 2024
/CNW/ -- USA News Group –
According to International Monetary Fund (IMF) Managing
Director Kristalina Geogieva, the
emergence of artificial intelligence (AI) is hitting the global
labor force "like a tsunami". Her comments came at an event in
Zurich this week, organized by the
Swiss Institute of International Studies, where she stated
AI is likely to impact 60% of jobs in advanced economies, and 40%
of jobs around the world. The remarks came shortly after the
release of a new report from and LinkedIn, which not only
stated that use of AI has nearly doubled in just 6 months, but also
that 75% of global knowledge workers are now using AI tools in
their day-to-day work. The advantages of AI for both workplaces and
businesses are rapidly multiplying, thanks to recent strides made
by developers, including from Scope AI Corp. (CSE:
SCPE) (OTCQB: SCPCF), Oracle Corporation (NYSE: ORCL),
SAP SE (NYSE: SAP), Apple Inc. (NASDAQ: AAPL), and
Alphabet Inc. (NASDAQ: GOOG, GOOGL).
Amidst the rapid advancements of deep machine learning
technology across various sectors, Scope AI Corp. (CSE:
SCPE) (OTCQB: SCPCF) has undergone a transformation in its branding
and market focus. The company now directs its proprietary
technology, GEM (General Enterprise Machine Learning), towards
industries such as advertising, gaming, and neural networks. With
this innovative platform, businesses can develop their own object
detection and visual information systems, harnessing the full
capabilities of neural networks. These proposed strategic moves by
Scope AI are reshaping how companies approach advertising
customization, gaming enhancement, and the utilization of neural
networks in a multitude of applications.
In a recent update, Scope AI unveiled upgrades to its GEM
platform, aimed at providing enhanced services to advertising
agencies and the gaming sector. These improvements empower GEM to
fine-tune advertising content and enrich gameplay experiences
through advanced neural network functionalities. Furthermore, the
updates strengthen the platform's object visual recognition,
empowering businesses to glean deeper insights and deploy more
precise solutions. With these augmented object detection and visual
information systems, advertisers gain improved capabilities to
analyze consumer behavior and refine campaigns, while game
developers can craft more immersive and captivating user
interactions.
"We're very pleased at how seamless we were able to streamline,
enhance, and strengthen our platform with the latest performance
and security upgrades made to our infrastructure," said
Sean Prescott, Founder and
Non-Executive Chairman of Scope. "The next generation of our
platform will set us apart in what kind of data and its sensitivity
we can process and store. It's a potential game-changer for the
industry."
GEM boasts a user-friendly web interface, empowering developers,
meticulous users, entrepreneurs, and large enterprises to
effortlessly establish advanced object detection systems or craft
ground-breaking, real-time neural network models.
Scope AI is confident that the recent upgrades to their
GEM platform will deliver substantial benefits to the advertising
and gaming sectors, ushering in novel capabilities and profound
insights. With a focus on advertising, Scope emphasizes GEM's
visual recognition technology, facilitating the creation of highly
targeted and captivating advertisements. This functionality
optimizes ad spend efficiency and elevates customer engagement to
unprecedented heights.
In the realm of gaming, Scope envisions its GEM platform
as a transformative force, enriching player experiences by
tailoring gameplay and recommendations through neural network
analyses of player behavior. This cutting-edge technology empowers
developers with invaluable insights to refine game design, enhance
player retention rates, and unlock untapped revenue streams.
Not sitting back in the AI race, Oracle Corporation
(NYSE: ORCL) recently announced it will expand its research and
development (R&D) capabilities in the country of Morocco, by growing its local workforce to
1,000 information technology (IT) professionals. The tech giant
quickly followed up the announcement, by being named as a Leader in
the 2024 Gartner Magic QuadrantTM for Warehouse
Management Systems, for the ninth year in a row.
"Fast-changing market conditions and increasing customer demand
puts added pressure on organizations' warehouse, inventory, and
fulfillment processes," said Srini
Rajagopal, vice president of logistics product strategy,
Oracle. "We believe our position as a Leader in this report
is an acknowledgement of our robust product capabilities,
investment in innovation, and most importantly the success of our
customers."
Looking to drive further growth and competitive advantage in its
sector, and to ensure the sustainability of its products for the
future, Charoen Pokphand Foods (CP Foods) recently selected
SAP SE (NYSE: SAP) to provide multiple solutions. Among
these, CP Foods will be employing SAP's RISE with
SAP, SAP Sustainability Footprint Management, and SAP
Sustainability Control Tower Solutions.
CP Foods serves more than 4 billion people globally, and
is a leading integrated agro-indsutrial and food business that is
one of the world's largest producers of feed, shrimp, poultry, and
pork, with operations in 17 countries and exports to more than 50
countries. The move with SAP reflects CP Foods' goal
of becoming the "Sustainable Kitchen of the World", and to realize
its Net Zero goals by 2050.
"Sustainability is a huge opportunity for businesses across
Asia," said Paul Marriott, President of SAP Asia Pacific & Japan. "Using RISE with SAP and our
sustainability solutions, CP Foods is getting ahead of
forthcoming emissions regulation and future-proofing its business
by using data to make more sustainable decisions. It can use those
insights to drive more operational efficiencies, optimize supply
chains, and differentiate its business against competitors."
Having been accused of lagging in the AI race, Apple Inc.
(NASDAQ: AAPL) has been making several strides as of late,
including taking music-making to the next level with its all-new
Logic Pro for iPad and Logic Pro for Mac 11 offering, delivering
breakthrough professional experiences for songwriting, beat-making,
producing, and mixing.
The new Logic Pro comes powered by AI, introducing incredible
studio assistant features that augment the music-making process and
provide artists help right when they need it.
"Logic Pro gives creatives everything they need to write,
produce, and mix a great song, and our latest features take that
creativity to a whole new level," said Brent Chiu-Watson, Apple's senior
director of Apps Worldwide Product Marketing. "Logic Pro's new
AI-backed updates, combined with the unparalleled performance of
iPad, Mac, and M-series Apple silicon, provide creative pros with
the best music creation experience in the industry."
Google's parent company Alphabet Inc. (NASDAQ:
GOOG, GOOGL) recently showed off its astonishing vision for how AI
will work with its popular Gmail and Photos platforms. During a
keynote speech at its annual Google I/O developer
conference, Google CEO Sundar
Pichai kicked off the event highlighting various new
features powered by its latest AI model Gemini 1.5 Pro. One of the
new features, called Ask Photos, allows users to search photos for
deeper insights, such as asking when your daughter learned to swim
or recall what your license plate number is, just by looking
through saved photos.
As well, Google unveiled perhaps the most intriguing
offering, dubbed Project Astra. It's what the company is calling an
"advanced seeing and talking responsive agent", and what some are
calling an amped-up version of Google Lens. Google is making
all kinds of moves in AI that has the market buzzing, even
redesigning its own market-leading search engine, using AI all the
way down the line.
"What we see with generative AI is that Google can do
more of the searching for you," says Liz
Reid, Google's newly installed head of Search. "It
can take a bunch of the hard work out of searching, so you can
focus on the parts you want to do to get things done, or on the
parts of exploring that you find exciting."
Article Source:
https://usanewsgroup.com/2024/04/26/the-currency-of-tomorrow-why-investing-in-cutting-edge-ai-recognition-tech-could-mean-big-money/
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