SMU Panel on Blockchain and AI

[2018-01-24 Wed 17:07:58]

Sopnendu Mohanty, CFTO, MAS

• Project Ubin at MAS
• improve efficiency of financial transactions
• trial between five banks and an exchange
• takes 2-3 day to move money between countries

John Hopcroft, Cornell

• 2012 ImageNet success
• we don’t know why it works with more layers
• similar to the air plane, we didn’t know aerodynamics then

AI knows the picture of a bicycle, not what it does, how it works etc. For people, we know what we know and some of what we do not know. AI has no notion of knowing.