Sundar Pichai, chief executive of Google, speaks at the I/O Developers Conference in California. Courtesy Bloomberg
Sundar Pichai, chief executive of Google, speaks at the I/O Developers Conference in California. Courtesy Bloomberg

Google I/O conference: looking at the latest AR and AI advances



The annual Google I/O conference is a rather technical, geeky affair that's mainly concerned with the chips and code that power our computing devices. Over the past decade, however, the event has involved some of Google's most notable and notorious technology unveiled to the public.

Android, its mobile operating system, was showcased in 2008 and is now used by more than 2 billion people; Google Glass, the controversial augmented reality spectacles, appeared in 2008, while 2014 brought us the cheap and cheerful virtual reality viewer, Google Cardboard.

The 2018 conference, which ended last Thursday, featured some bold leaps forward in augmented reality (AR) and artificial intelligence (AI), presenting us with a very strong, vivid picture of how technology will soon become entwined in our lives.

Maps becoming tools of exploration

It’s not always easy to relate the lines of a map to the world around us. In bygone days, it might have involved rotating a cumbersome piece of paper while trying to associate landmarks with printed symbols.

Smartphone technology has made it easier for us to work out our location and in which direction we’re facing, but reaching our destination still relies on a certain amount of map reading. That’s set to change with the incorporation of camera tools within Google Maps: set your destination, then use your phone’s camera to guide you around, with arrows on the screen pointing down streets and around corners. If you prefer, you can even summon a cute augmented-reality fox to appear on the screen and trot off in the right direction. Simply follow the fox.

Google Maps doesn’t just aim to guide us, however; it also wants to tell us where we might want to go. In response to user demand, Maps will soon be able to intelligently suggest locations we might be interested in visiting: restaurants, cafés and local attractions that are, quite literally, up our street.

____________________
Read more:

Dubai's Museum of the Future looks to AI guides 

Ode to Dubai: emirate gets its own theme song - composed by AI 

Ramadan 2018: Google tailors Holy Month searches for Arab world

____________________

Cameras bringing us information

Last year, Google launched Lens, a visual analysis app that tried, with a certain degree of success, to make sense of the world around it. One of its most startling tricks was the ability to scan the label on the back of a Wi-Fi router and have that device automatically connect to it without having to lab­oriously type the code in, but since then it’s got even smarter; it can now recognise, say, breeds of dog or well-known landmarks and give links to more information, while at I/O it demonstrated a new-found ability to display that information in real time as the camera is moved around. It has also got better at recognising text (such as restaurant menus, signs and books) and styles of objects (such as shoes, furniture and ornaments.) It sees things; it recognises them and it tells you stuff about them. No Googling necessary.

Emails writing themselves

We’ve long been familiar with the way that autocorrect can figure out the words we’re trying to type on a phone, although many humorous books have been compiled of ways in which that feature can go wrong. As the technology improves, however, the errors will become fewer and AI’s ability to second guess us will become ever more uncanny.

For some time, Google’s Gmail service has offered suggestions of short, three or four-word replies to emails for those of us who are too busy to respond in full, but Smart Compose – which is due to be incorporated into Gmail over the next few weeks – makes intelligent guesses at whole phrases and sentences.

So in the knowledge that, say, an email about dinner plans will probably end with a suggestion of a time and place, Smart Compose can swing into action and save us the bother of hammering out that suggestion letter by letter.

Computers making voice calls on our behalf

Speech synthesis has come a long way since Stephen Hawking began speaking using the robotic tones of his CallText 5010. Audio technology is now sufficiently advanced that convincing, human-like voices can be made to say anything; this, coupled with advanced AI, is guiding us into a future where digital assistants don’t just do our bidding, they can contact and speak to other people on our behalf. This burgeoning tech­nology provided the most eyebrow-raising moment of the I/O conference, when a phone call between an automated Google Assistant and a hair salon was replayed to the audi­ence.

The person taking the call didn’t realise that the appointment was being booked by a computer, partly because Google Assistant added casual and convincing verbal tics (“mm-hmm”). This branch of AI has been named Duplex by Google; it’s not currently ready for rollout, but widespread testing is due to begin this summer.

Technology to help us stop using technology

All these announcements involve humans handing over responsibility to computers (and, more specifically, Google itself.) Both Lens and Maps require the screen of an internet-connected phone to become the window on our world, while Smart Compose and Duplex become extensions of ourselves; they handle the drudgerous tasks while we get on with something more meaningful. This is all down to the rapidly evolving power of AI; indeed, Google has renamed its research division as “Google AI” in recognition of the critical role it plays in its business.

By way of contrast, Google has announced a “Digital Wellbeing” project which aims to promote “healthy habits” around technology and help us to disconnect from our devices. The tools on offer include reminders to take breaks, statistics to show how much time we spend using various apps, and a “Wind Down” feature for Android which turns the screen grey and notifications off.

During his keynote speech, Google CEO Sundar Pichai admitted the responsibility his company currently faces, given the “very real and important questions being raised about the impact of these [technological] advances.” But while on one hand Google is reminding us to switch off and experience the “real world”, it’s also weaving its technology inextricably into that world. Over the next few years Google, and the users of its services, will actively wrestle with this irresolvable conundrum.

Trolls World Tour

Directed by: Walt Dohrn, David Smith

Starring: Anna Kendrick, Justin Timberlake

Rating: 4 stars

Emergency

Director: Kangana Ranaut

Stars: Kangana Ranaut, Anupam Kher, Shreyas Talpade, Milind Soman, Mahima Chaudhry 

Rating: 2/5

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Indoor Cricket World Cup - Sept 16-20, Insportz, Dubai

UAE currency: the story behind the money in your pockets

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The%20Afghan%20connection
%3Cp%3EThe%20influx%20of%20talented%20young%20Afghan%20players%20to%20UAE%20cricket%20could%20have%20a%20big%20impact%20on%20the%20fortunes%20of%20both%20countries.%20Here%20are%20three%20Emirates-based%20players%20to%20watch%20out%20for.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EHassan%20Khan%20Eisakhil%3C%2Fstrong%3E%0D%3Cbr%3EMohammed%20Nabi%20is%20still%20proving%20his%20worth%20at%20the%20top%20level%20but%20there%20is%20another%20reason%20he%20is%20raging%20against%20the%20idea%20of%20retirement.%20If%20the%20allrounder%20hangs%20on%20a%20little%20bit%20longer%2C%20he%20might%20be%20able%20to%20play%20in%20the%20same%20team%20as%20his%20son%2C%20Hassan%20Khan.%20The%20family%20live%20in%20Ajman%20and%20train%20in%20Sharjah.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EMasood%20Gurbaz%3C%2Fstrong%3E%0D%3Cbr%3EThe%20opening%20batter%2C%20who%20trains%20at%20Sharjah%20Cricket%20Academy%2C%20is%20another%20player%20who%20is%20a%20part%20of%20a%20famous%20family.%20His%20brother%2C%20Rahmanullah%2C%20was%20an%20IPL%20winner%20with%20Kolkata%20Knight%20Riders%2C%20and%20opens%20the%20batting%20with%20distinction%20for%20Afghanistan.%0D%3Cbr%3E%20%0D%3Cbr%3E%3Cstrong%3EOmid%20Rahman%3C%2Fstrong%3E%0D%3Cbr%3EThe%20fast%20bowler%20became%20a%20pioneer%20earlier%20this%20year%20when%20he%20became%20the%20first%20Afghan%20to%20represent%20the%20UAE.%20He%20showed%20great%20promise%20in%20doing%20so%2C%20too%2C%20playing%20a%20key%20role%20in%20the%20senior%20team%E2%80%99s%20qualification%20for%20the%20Asia%20Cup%20in%20Muscat%20recently.%0D%3Cbr%3E%3C%2Fp%3E%0A