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Women in AI: Catherine Breslin helps companies develop AI strategies

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To give women AI academics and others their well-deserved – and overdue – time in the highlight, TechCrunch is publishing a series of interviews specializing in the extraordinary women who’re contributing to the AI ​​revolution. We’re publishing these articles all year long because the AI ​​boom continues, highlighting key work that usually goes unnoticed. Read more profiles here.

Catherine Breslin is the founder and director Kingfisher Laboratories, where he helps companies develop AI strategies. She has spent over 20 years as a man-made intelligence scientist and has worked for the University of Cambridge, Toshiba Research and even Amazon Alexa. Previously, she was an advisor to VC fund Deeptech Labs and director of solutions architect at Cobalt Speech & Language.

She accomplished her bachelor’s degree on the University of Oxford after which obtained her master’s and doctorate degrees on the University of Cambridge.

Briefly speaking, how did you start in artificial intelligence? What drew you to the sphere?

I at all times liked maths and physics in school, so I made a decision to review engineering at university. This is where I first learned about artificial intelligence, even though it wasn’t called artificial intelligence back then. I used to be intrigued by the thought of ​​using computers to process speech and language, which is straightforward for us humans. I then began a PhD in voice technology and worked as a researcher. We’re at some extent where there’s been lots of recent progress in artificial intelligence, and I feel like there is a huge opportunity to create technology that may improve people’s lives.

What work in AI are you most happy with?

In 2020, at first of the pandemic, I founded my very own consulting firm with a mission to offer real-world AI expertise and leadership to organizations. I’m happy with the work I’ve done with my clients on different and interesting projects, and that I’ve been in a position to do it in a extremely flexible way around my family.

How do you take care of the challenges of the male-dominated tech industry, and by extension, the male-dominated AI industry?

It’s hard to measure exactly, but about 20% of the AI ​​field is made up of ladies. In my opinion, this percentage decreases with age. For me, among the finest ways to take care of that is to construct a support network. Of course, support can come from people of any gender. But sometimes talking to women who’ve been in an analogous situation or seen the identical problems is reassuring and it’s great to not feel alone.

Another thing for me is to consider carefully about what to spend my energy on. I imagine we are going to only see lasting change when more women take up senior and management positions, and that will not occur if women devote all their energy to fixing the system slightly than advancing their careers. There must be a realistic balance between pushing for change and specializing in your personal day-to-day work.

What advice would you give to women trying to enter the sphere of artificial intelligence?

Artificial intelligence is a big and exciting field with lots happening. There can also be an enormous amount of noise surrounding what can look like a relentless stream of documents, products and models being released. It’s unattainable to maintain up with every thing. Moreover, not every article or study result shall be significant in the long term, regardless of how flashy the press release. My advice is: find a distinct segment that you just actually need to grow in, learn every thing you possibly can about it, and tackle the issues that you just are motivated to unravel. This offers you the solid foundation you wish.

What are probably the most pressing issues facing artificial intelligence because it evolves?

Progress over the past 15 years has been rapid, and we have seen AI move out of the lab and into products without having to step back to properly assess the situation and anticipate the implications. One example that involves mind is how much of our voice and language technology works higher in English than in other languages. This doesn’t mean that researchers have ignored other languages. Significant effort has gone into the technology of languages ​​aside from English. However, the unintended consequences of higher English technology mean that we create and implement technology that doesn’t serve everyone equally.

What issues should AI users pay attention to?

I believe people ought to be aware that AI just isn’t a silver bullet that may solve all problems in the following few years. Creating a formidable demo could also be quick, but it surely takes lots of effort to construct an AI system that performs consistently well. We shouldn’t lose sight of the undeniable fact that artificial intelligence is designed and built by people, for people.

What is one of the best approach to construct AI responsibly?

Building AI responsibly means incorporating diverse views from the very starting, including those of shoppers and anyone impacted by your product. Testing your systems thoroughly is vital to make sure you understand how well they perform in various scenarios. Testing gets a status for being boring in comparison with the joy of coming up with recent algorithms. However, it is amazingly necessary to know in case your product really works. Then it is advisable to be honest with yourself and your customers about each the capabilities and limitations of what you are constructing in order that your system doesn’t get abused.

How can investors higher promote responsible AI?

Startups are creating many recent applications of artificial intelligence, and investors have a responsibility to rigorously consider their financing decisions. I’d like to see more investors speak out about their vision of the long run we’re constructing and the way responsible artificial intelligence suits into it.

This article was originally published on : techcrunch.com
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Flipkart co-founder Binny Bansal is leaving PhonePe’s board

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Flipkart co-founder Binny Bansal has stepped down three-quarters from PhonePe’s board after making an identical move on the e-commerce giant.

Bengaluru-based PhonePe said it has appointed Manish Sabharwal, executive director at recruitment and human resources firm Teamlease, as an independent director and chairman of the audit committee.

Bansal played a key role in Flipkart’s acquisition of PhonePe in 2016 and has since served on the fintech’s board. The Walmart-backed startup, which operates India’s hottest mobile payment app, spun off from Flipkart in 2022 and was valued at $12 billion in funding rounds that raised about $850 million last 12 months.

Bansal still holds about 1% of PhonePe. Neither party explained why they were leaving the board.

“I would like to express my heartfelt gratitude to Binny Bansal for being one of the first and staunchest supporters of PhonePe,” Sameer Nigam, co-founder and CEO of PhonePe, said in a press release. His lively involvement, strategic advice and private mentoring have profoundly enriched our discussions. We will miss Binny!”

This article was originally published on : techcrunch.com
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The company is currently developing washing machines for humans

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Forget about cold baths. Washing machines for people may soon be a brand new solution.

According to at least one Japanese the oldest newspapersOsaka-based shower head maker Science has developed a cockpit-shaped device that fills with water when a bather sits on a seat in the center and measures an individual’s heart rate and other biological data using sensors to make sure the temperature is good. “It also projects images onto the inside of the transparent cover to make the person feel refreshed,” the power says.

The device, dubbed “Mirai Ningen Sentakuki” (the human washing machine of the longer term), may never go on sale. Indeed, for now the company’s plans are limited to the Osaka trade fair in April, where as much as eight people will have the option to experience a 15-minute “wash and dry” every day after first booking.

Apparently a version for home use is within the works.

This article was originally published on : techcrunch.com
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Zepto raises another $350 million amid retail upheaval in India

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Zepto, snagging $1 billion in 90 days, projects 150% annual growth

Zepto has secured $350 million in latest financing, its third round of financing in six months, because the Indian high-speed trading startup strengthens its position against competitors ahead of a planned public offering next yr.

Indian family offices, high-net-worth individuals and asset manager Motilal Oswal invested in the round, maintaining Zepto’s $5 billion valuation. Motilal co-founder Raamdeo Agrawal, family offices Mankind Pharma, RP-Sanjiv Goenka, Cello, Haldiram’s, Sekhsaria and Kalyan, in addition to stars Amitabh Bachchan and Sachin Tendulkar are amongst those backing the brand new enterprise, which is India’s largest fully national primary round.

The funding push comes as Zepto rushes so as to add Indian investors to its capitalization table, with foreign ownership now exceeding two-thirds. TechCrunch first reported on the brand new round’s deliberations last month. The Mumbai-based startup has raised over $1.35 billion since June.

Fast commerce sales – delivering groceries and other items to customers’ doors in 10 minutes – will exceed $6 billion this yr in India. Morgan Stanley predicts that this market shall be value $42 billion by 2030, accounting for 18.4% of total e-commerce and a pair of.5% of retail sales. These strong growth prospects have forced established players including Flipkart, Myntra and Nykaa to cut back delivery times as they lose touch with specialized delivery apps.

While high-speed commerce has not taken off in many of the world, the model seems to work particularly well in India, where unorganized retail stores are ever-present.

High-speed trading platforms are creating “parallel trading for consumers seeking convenience” in India, Morgan Stanley wrote in a note this month.

Zepto and its rivals – Zomato-owned Blinkit, Swiggy-owned Instamart and Tata-owned BigBasket – currently operate on lower margins than traditional retail, and Morgan Stanley expects market leaders to realize contribution margins of 7-8% and adjusted EBITDA margins to greater than 5% by 2030. (Zepto currently spends about 35 million dollars monthly).

An investor presentation reviewed by TechCrunch shows that Zepto, which handles greater than 7 million total orders every day in greater than 17 cities, is heading in the right direction to realize annual sales of $2 billion. It anticipates 150% growth over the following 12 months, CEO Aadit Palicha told investors in August. The startup plans to go public in India next yr.

However, the rapid growth of high-speed trading has had a devastating impact on the mom-and-pop stores that dot hundreds of Indian cities, towns and villages.

According to the All India Federation of Consumer Products Distributors, about 200,000 local stores closed last yr, with 90,000 in major cities where high-speed trading is more prevalent.

The federation has warned that without regulatory intervention, more local shops shall be vulnerable to closure as fast trading platforms prioritize growth over sustainable practices.

Zepto said it has created job opportunities for tons of of hundreds of gig employees. “From day one, our vision has been to play a small role in nation building, create millions of jobs and offer better services to Indian consumers,” Palicha said in an announcement.

Regulatory challenges arise. Unless an e-commerce company is a majority shareholder of an Indian company or person, current regulations prevent it from operating on a listing model. Fast trading corporations don’t currently follow these rules.

This article was originally published on : techcrunch.com
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