Facebook CEO Mark Zuckerberg Posts Video of Jarvis Robot Assistant at Work

December 21, 2016

Dec 21: Mark Zuckerberg has a new housemate: Jarvis, an artificial intelligence assistant he created this year that can control appliances, play music, recognize faces and, perhaps most impressively, entertain his toddler.

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The Facebook founder spent 100 hours putting together the virtual assistant - named after the artificial intelligence system in "Iron Man" - which understands spoken commands as well as text messages, he wrote in a 3,000-word Facebook post Monday.

Among Jarvis's skills: Adjusting the home thermostat, turning on lights and operating the toaster. The virtual assistant texts Zuckerberg images of visitors who stop by during the day, and opens the front door for those it recognizes. It can also tell when Zuckerberg's 1-year-old daughter, Max, wakes up "so it can start playing music or a Mandarin lesson," he wrote.

In a tongue-in-cheek video he posted on Facebook Tuesday, Zuckerberg offers an example of Jarvis at work: "Max woke up a few minutes ago. I'm entertaining her," the virtual assistant (voiced by Morgan Freeman) tells Zuckerberg, before turning his attention to the toddler. "Good morning Max, let's practice our Mandarin."

The year-long project was part of an effort to learn about the state of artificial intelligence, Zuckerberg wrote, and also an opportunity to experiment with cutting-edge technology at a time when voice-activated assistants like Amazon's Echo and Google Home are gaining widespread popularity.

"At this point, I mostly just ask Jarvis to "play me some music" and by looking at my past listening patterns, it mostly nails something I'd want to hear. If it gets the mood wrong, I can just tell it, for example, "that's not light, play something light", and it can both learn the classification for that song and adjust immediately. It also knows whether I'm talking to it or Priscilla is, so it can make recommendations based on what we each listen to. In general, I've found we use these more open-ended requests more frequently than more specific asks. No commercial products I know of do this today, and this seems like a big opportunity."

Building the robot was the easier - and less time-consuming - of his two goals for the year, he said. The other was to run 365 miles in 2016.

"Now I have a pretty good system that understands me and can do lots of things," Zuckerberg, adding that he's tried to give his robot a sense of humor. "I've taught it fun little games like Priscilla or I can ask it who we should tickle and it will randomly tell our family to all go tickle one of us, Max or Beast. I've also had fun adding classic lines like 'I'm sorry, Priscilla. I'm afraid I can't do that.'"

But there are also some kinks to work out, particularly around voice commands. When Zuckerberg demonstrated the technology for a Fast Company story, he had to ask the robot to turn off the lights four times before it complied. Shutting down the music took another two tries. ("Wow, that's like the most fails that it's ever had," the 32-year-old told the reporter, visibly embarrassed.)

Next up, Zuckerberg plans to create an Android app for the robot and connect it to more appliances around the house, such as his Big Green Egg grill. The ultimate challenge, he says, is "to build a system that could learn completely new skills on its own."

"In the longer term, I'd like to explore teaching Jarvis how to learn new skills itself rather than me having to teach it how to perform specific tasks," he wrote. "If I spent another year on this challenge, I'd focus more on learning how learning works."

After a year of coding, here's Jarvis.

Posted by Mark Zuckerberg on Tuesday, December 20, 2016

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News Network
February 5,2020

Feb 5: Tesla is making Elon Musk a lot richer without paying him a dime.

A blistering stock rally has bolstered the value of CEO Musk's 19% stake in the electric car maker by $16 billion since the start of 2020, to $30 billion.

Tuesday's steep climb in the share price could sweeten Musk's payday under his record-breaking compensation package, which is built on stock options that rely on market value targets. Two milestones have now been achieved that could see Musk unlock options worth $1.8 billion.

The controversial chief executive, who is also the majority owner and CEO of rocket maker SpaceX, recently testified that he did not have a lot of cash as he successfully defended himself in a defamation lawsuit. He previously has taken loans using his Tesla shares as collateral.

Musk does not take a salary, choosing instead a risky options package that envisions the stock market value of Tesla rising to $650 billion over 10 years, a prospect that was derided by some investors when the deal was announced in 2018.

That target now looks less crazy. Shares of Tesla have rallied over 50% since the company posted its second consecutive quarterly profit last Wednesday, which was viewed as a major accomplishment for a company competing against established automotive heavyweights including General Motors Co  and BMW.

Tesla shares have climbed about 400% since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.

On Tuesday, Tesla surged as much as 24% before falling back in the final minutes of the trading session to end the day up 13.7%. That put its market capitalization at $160 billion, almost twice the combined value of Ford Motor and General Motors.

The shares had also rallied on Monday, partly fueled by Panasonic Corp's 6752.T saying its automotive battery venture with Tesla was profitable for the first time.

The options Musk was awarded in 2018 vest incrementally based on targets for Tesla's stock market value and its financial performance. The market capitalization would have to sustainably rise by $50 billion increments over the agreement's 10-year period, with the full package payout reached if the market cap reaches $650 billion, as well as the company's meeting revenue and profit targets.

Musk is on his way to seeing his first two tranches of options vest. He achieved operational targets on revenue and adjusted earnings last year.

The rise in Tesla's market capitalization last month to a target of $100 billion opened the way for Musk's first tranche of options to vest. With Tuesday's surging share price, the market capitalization blew past the second target of $150 billion, opening the way for the second tranche to vest. Tesla's market capitalization must stay at or above each target level for one- and six-month averages for each set of options to vest.

Tesla was valued at about $52 billion when shareholders approved the pay package in March 2018, a time when the company faced a cash crunch, production delays and increasing competition from rivals.

A full payoff for Musk would surpass anything previously granted to U.S. executives, according to Institutional Shareholder Services, a proxy advisor that recommended investors reject the pay package deal at the time.

Musk currently owns about 34 million Tesla shares, and his compensation package would let him buy another 20.3 million shares if all his options tranches vest.

When Tesla unveiled Musk’s package, it said he could in theory reap as much as $55.8 billion if no new shares were issued. However, Tesla has since awarded stock to employees and last year sold $2.7 billion in shares and convertible bonds, diluting the value of the stock.

Musk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with U.S. and Chinese factories. So far it has stayed ahead of more established rivals including BMW and Volkswagen.

Many investors remain skeptical that Tesla can consistently deliver profit, cash flow and growth. More Wall Street analysts rate Tesla "sell" than "buy," and the company's stock is the most shorted on Wall Street.

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Agencies
June 29,2020

New Delhi, Jun 29: Witnessing azure skies and breathable air for the last three months, Delhi on Monday recorded deterioration in its air quality, with particulate matter with diameter of 2.5 and 10 microns -- too small to be filtered out of the human body -- standing at 52 and 297 micrograms per cubic respectively.

Gufran Beig, Project Director of System of Air Quality Weather Forecasting and Research (SAFAR), said that the sudden spike in air pollution is due to a mild dust storm blowing from Rajasthan.

"Since the wind direction is changing and moist air is coming in, the air quality in Delhi will become better by tomorrow," Beig told IANS.

Central Pollution Control Board (CPCB) data showed that the overall air quality near Delhi Technical University (DTU) area stood at 326 micrograms per cubic, followed by 308 at Narela and 307 at Mundka.

Out of 36 stations, the AQI in as many as 30 stations was above 200 micrograms per cubic till 1 pm on Monday.

The System of Air Quality Weather Forecasting and Research categorises air quality in the 0-50 range as good, 51-100 as satisfactory, 101-200 as moderate, 201-300 as poor, 301-400 as very poor, and above 400 as severe.

According to SAFAR's website, "PM 10 (coarser dust particle) is the lead pollutant. AQI is likely to improve to moderate category by tomorrow, and further improvement is expected by July 1."

Researchers indicated that PM 10 and PM 2.5 will be 170 and 47 micrograms per cubic on Tuesday.

With no vehicles plying on the roads or industries shut due to the lockdown since March 25, Delhi's air quality had improved drastically.

According to a study conducted by the Indian Institute of Technology (IIT), Delhi, if the low levels of air pollution reached during the lockdown period are maintained, India's annual death toll could reduce by 6.5 lakh.

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Agencies
June 9,2020

Soon, you may be able to withdraw cash from an ATM without touching any part of the machine. AGS Transact Technologies, a provider of cash and digital payment solutions and automation technology, on Monday said it has successfully developed and tested a touchless ATM solution in light of the COVID-19 pandemic.

The ‘contactless' solution, currently under demo at interested banks, enables a customer to perform all the steps required to withdraw cash from an ATM using the mobile app itself. 

The customer simply has to scan the QR code displayed on the ATM screen and follow the directions on their respective bank's mobile application. 

This includes entering the amount and mPIN required to dispense the cash from the ATM machine. 

According to the company, the QR code feature makes cash withdrawals quicker and more secure, and negates the chances of compromising the ATM Pin or card skimming.

"The new Touchless ATM solution is an extension of the flagship QR Cash solution which ensures safety of the users and will provide a seamless cash withdrawal experience with enhanced security," said Ravi B. Goyal, Chairman and MD, AGS Transact Technologies Ltd.

With minimum investment, the banks can enable this solution for their ATM networks by upgrading the existing software.

AGSTTL has so far installed, maintained and managed a network of over 72,000 ATMs across the country and also provides customised solutions to leading banks. 

The company earlier introduced UPI-QR based Cash withdrawal solution in partnership with Bank of India. 

This is how the solution works.

Open the Bank mobile application on your smartphone and select QR Cash Withdrawal. Enter the amount you wish to withdraw on the mobile app and scan the QR code on the ATM screen.

Next, confirm the amount by clicking on ‘proceed' in the app and enter the mPin to authenticate the transaction. Now collect the cash and receipt and you are done.

"The seamless, cardless and touchless withdrawal method is designed to provide easy transaction flow, without the need to touch the ATM screen or enter the pin," said Mahesh Patel, President and Group Chief Technology Officer, AGS Transact Technologies.

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