Google DeepMind Deal Hastens Computers That Think Like People

January 31, 2014, 10:00 AM ET

Google DeepMind Deal Hastens Computers That Think Like People

By Steve Rosenbush

Deputy Editor

Google Inc.’s latest acquisition—an artificial intelligence company called DeepMind—points toward a not-so-distant future when computers learn and reason the way people do. Of course, this is an evolutionary process, and there’s no neat definition of how human minds work, either. But the direction is clear–computers are increasingly able to learn from experience, to figure context into their decision making, and more.

As computer science develops, businesses will be compelled to figure out how to make good use of machine learning and artificial intelligence, creating the need for new approaches to organizing and structuring work. CIO Journal is raising these questions now. The theme of this year’s WSJ CIO Network Conference in San Diego is the Dawn of the Digital Mind. CIO Journal will tackle the subject Monday, Feb. 3 in a discussion with Google engineering director, author and entrepreneur Ray Kurzweil.

The early stages of this revolution are already underway, as digital assistants such as Apple Inc.’s Siri suggest. The Spike Jonze movie “Her,” about a man who falls in love with an operating system, doesn’t appear to be straining the limits of credulity, either.

In developing the “digital mind,” DeepMind is taking video game technology to the next level, where intelligent computers not only serve to create game scenarios that people play–they play the games, too.

Will the computers of that not-so-distant future achieve consciousness, or have emotions? “I don’t know. Go ask them,” says Jerry Kaplan, who teaches a course on the history and philosophy of AI at Stanford Univeristy. “We’re creating a new  life form.”

Google beat Facebook Inc. for the deal for DeepMInd, according to Amir Efrati of The Information. That in and of itself is a sign of how strategic AI is to the future of business.

In the post-Snowden leak world, the idea of ever-more powerful AI is bound to make people nervous, a point not lost on Google. “DeepMind’s technology aims to make computers think like humans and has been used in demonstrations of computers playing video games,” says Mr. Efrati.  “Like many other innovations, the technology could be used to controversial ends.” Google will create a special ethics board to govern the use of the technology, he says.

As speculative as the technology may sound, the implications for business are very real. DeepMind was founded by gaming prodigy and neuroscientist Demis Hassabis, considered by some the greatest gamer in history. That skill has been channeled into creating technology with highly commercial applications. DeepMind “has been developing a variety of approaches to AI, and applying them to various potential products including a recommendation system for e-commerce,” Liz Gannes at Re/code reports. That’s an area of impact that includes pretty much everything.

 

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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