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TweakTown News Posts - Page 78

AI to replace over 50% of ALL jobs in the next 10 years

By: Anthony Garreffa | More News: Science, Space & Robotics | Posted: Apr 28, 2017 7:32 am

Most tech companies are pumping engineers, man hours, and technology and man hours into Deep Learning and AI technology - but will it eventually result in tens of millions of job losses across the world? Yes, yes it will - according to Kai-Fu Lee, the founder of venture capital firm Sinovation Ventures. Lee is also a leading voice on technology in China.




Lee recently spoke with CNBC, where he said that AI is the "singular thing that will be larger than all of human tech revolutions added together, including electricity, [the] industrial revolution, internet, mobile internet - because AI is pervasive". Amazingly scary words, but also very exciting. Lee added that "It is the decision engine that will replace people". It was only recently that I reported that AI engineers had left the grip of Google, moving into the most secretive AI startup on the planet - probably Skynet, I guess.


Lee said that his firm has invested millions of dollars into AI companies that are capable of recognizing 3 million faces simultaneously, or pumping out loans in less than 8 seconds. He added: "These are things that are superhuman, and we think this will be in every industry, will probably replace 50 percent of human jobs, create a huge amount of wealth for mankind and wipe out poverty".

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Acer Predator X27 gaming monitor: 4K, 144Hz, HDR, G-Sync

By: Anthony Garreffa | More News: Displays & Projectors | Posted: Apr 28, 2017 6:24 am

We're not far away from a world where 4K 144Hz HDR G-Sync gaming monitors are a thing, with the high-end gaming displays teased at CES 2017 earlier this year, Acer held its own press event in New York City to display its latest and greatest - including their upcoming Predator X27 gaming display.



Acer's upcoming Predator X27 display is a 27-inch 4K gaming monitor with the sublime 144Hz refresh rate with NVIDIA's G-Sync tech sprinkled on top, but introduces HDR tech as well. There are 384 individually controlled LED zones that will provide a wide color contrast, so expect this to be one of the best gaming displays ever released.


Victor Chien, the President of Acer's Digital Display Business said: "Acer is excited to be expanding our premium gaming monitor line-up with two new quantum dot models to make gameplay more lifelike than ever before. The Predator X27's 4K resolution at 144 Hz and Acer HDR Ultra technology create dazzling visuals that must be seen to be believed".




Inside of Acer's new Predator X27 is NVIDIA's ULMB tech, or Ultra Low Motion Blur, which sees the Predator X27 being one of the most lighting fast displays yet. We have up to 1000 nits of brightness, and 99% of the Adobe RGB color space, with a 4ms response time. Acer has also included Tobii eye tracking technology, and while most gamers won't use it - at least it's there if you ever want it.

Unikrn expands into Vegas, acquires eSports firm LEET

By: Anthony Garreffa | More News: Gaming | Posted: Apr 28, 2017 5:38 am

Unikrn is making big moves into Las Vegas by acquiring LEET, a tournament organizer that works with casinos run events, and recently working with Downtown Grand to become the first casino in Vegas with eSports betting, setting a new trend leading into Luxor, and other casinos.




I reached out to Unikrn boss Rahul Sood, who said: "Far and away the biggest threat to casino operators is their complete lack of understanding and empathy to their future customer. This is a pretty big issue, and I believe alot of it stems from trying to protect old business models". He continued: "So the best way to start is with some smaller, less risky changes".


"So the best way to start is with some smaller, less risky changes. Over time those smaller changes become bigger cultural changes. I think this is what LEET does really well. The Downtown Grand is a good example of how a casino client started out with an idea and a vision, and they have now turned it into a money making business. Granted these changes were driven from the top, and Seth Shorr should be credited for making esports a "thing" in Las Vegas casinos".


Sood even referred to the UFC, saying "There was a time when UFC was really small. They had this big idea that Vegas would eventually become the mecca for UFC, and the entire city bought into it - the rest is history". But when it comes to Vegas, Sood added: "Vegas is the mecca of entertainment, and as such I have no doubt that esports and video games will be embedded into the fabric of Las Vegas over time. Needless to say we are excited to get to work!"

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Nintendo reveals foldable New 2DS XL for $149

By: Derek Strickland | More News: Gaming | Posted: Apr 28, 2017 2:18 am

Just hours after reporting its latest yearly earnings, Nintendo starts off its new fiscal year with a brand new handheld in the 3DS family: the New 2DS XL.



Nintendo's New 2DS XL is perhaps the logical successor to the 3DS that doesn't actually replace it, and represents an incredibly smart move in Nintendo's part. The New 2DS XL hits all the right checkboxes: it has a clamshell folding mechanism with dual XL screens, no pesky 3D gimmick, a faster processor, a C-stick, and the best part: it'll play all existing and new 3DS games.


We also expect the New 2DS XL to have access to the Super Nintendo Virtual Console library too. The New 2DS XL launches July 28, the same day as Hey Pikmin! and Miitopia, for the lower price of $149.

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AMD's new Ryzen Balanced Power Plan drivers are here

By: Anthony Garreffa | More News: CPU, APU & Chipsets | Posted: Apr 28, 2017 1:37 am

AMD hasn't had the smoothest launch with Ryzen, but the company is quickly refining its new CPU architecture and now we have the latest release of its core logic (chipset) drivers, for Windows 7, 8.1, and 10.




AMD's new v17.10 WHQL drivers include the new Windows power management plan 'Ryzen Balanced Power' which will be better than the stock 'Balanced' power plan in Windows 10, something that will allow better power management through Windows, to the silicon-level power management logic inside of Ryzen processors through SenseMI.


This includes fine-grained voltage and clock gating over individual cores, something that would normally trip up latency problems with OS-level power management through P-state triggers. The new power plan is compatible with AMD's new A320, B350, and X370 chipsets, and is available right here.

Switch to get 'continuous stream' of third-party games

By: Derek Strickland | More News: Gaming | Posted: Apr 28, 2017 12:28 am

Nintendo has made dozens of partnerships with third-party publishers and developers to fill out the Switch's games library, and now the company re-affirms its commitment to keeping Switch owners happy.




As a Nintendo Switch owner I'm not so happy with the games lineup so far, and would like more of a selection of games. The console's first-party lineup has been described as an "IP treasure trove", with strong games like Mario Kart 8 Deluxe, ARMS, Splatoon 2, and Super Mario Odyssey in the holiday season. But what about third-party games?


"In addition, we will maintain favorable conditions surrounding Nintendo Switch by providing a continuous stream of appealing third-party titles across varying genres. We aim to stimulate the platform and expand sales going into the holiday season this year," Nintendo said in its latest FY 2016 earnings report.

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Nintendo 3DS isn't going anywhere

By: Derek Strickland | More News: Gaming | Posted: Apr 27, 2017 10:15 pm

UPDATE: Nintendo President Tatsumi Kimishima recently issued the following statement on the company's fiscal earnings briefing:


"As we conveyed at the Corporate Management Policy Briefing in February, Nintendo 3DS has characteristics as a handheld system that differ from those of Nintendo Switch. We do not think that they compete directly in terms of price point or playstyle. We will run businesses separately and in parallel.


"We have also already stated that we think it is critical that we provide software unique to Nintendo 3DS in order to run both the Nintendo Switch business and the Nintendo 3DS business in parallel.


"At the same time, we will also provide new hardware options to help maintain the momentum of the Nintendo 3DS business."


The 3DS and Nintendo Switch will live alongside one another at least for another year.




Nintendo President Tatsumi Kimishima has already said the company's new Switch handheld-console hybrid won't cannibalize its long-running 3DS handheld, iterating that the "Switch and the 3DS can co-exist for the time being." Now the company's latest fiscal year earnings report reaffirms Mr. Kimishima's commitment.


Why won't Nintendo just phase out the 3DS and focus solely on the Switch? Well for one the handheld has now accumulated 66.12 million sales in its lifetime, and an incredible 329.25 million software sales. There's tons of 3DS owners out there who avidly consume software--2016 was a big year for 3DS game sales, with Pokemon Sun & Moon racking up 15.44 million units globally, and Super Mario Maker pushing 2.34 million units. Nintendo would be quite foolish to just flush the platform down the drain, especially since this platform was a big part of its massive 521% FY2016 profits boost. In fact, Nintendo says its focus on the 3DS will continue throughout 2017 and 2018. "Total sales volume for the Nintendo 3DS hardware worldwide has surpassed 66 million units and it has developed into a platform that we can rely on for software sales," the Japanese console-maker said in its latest earnings report.

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Messenger Lite now available in 150 additional countries

By: Lana Jelic | More News: Apps | Posted: Apr 27, 2017 9:07 pm

In October 2016, Facebook released Facebook Messenger Lite, a stripped-down version of Messenger with a reduced feature set.


The app is aimed primarily at old Android phones and, when released, regions where high-speed Internet is not widely available. The app was first made available in Kenya, Tunisia, Malaysia, Sri Lanka, and Venezuela.




Facebook has now finally decided to expand Messenger Lite's reach, and the company made the app available in 150 additional countries, including Germany, Colombia, Italy, Vietnam, Algeria, Morocco, Nigeria, Peru, Turkey, Japan, Taiwan and the Netherlands.

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Nintendo sold 2.74 million Switch systems in first month

By: Derek Strickland | More News: Gaming | Posted: Apr 27, 2017 7:37 pm

In Nintendo's latest yearly earnings report the Japanese console-maker confirms the Nintendo Switch sold 2,740,000 units in its first month of global availability.




By selling 2.74 million units across the globe, the Nintendo Switch's first-month performance has overshot Nintendo's original sales projection by 740,000 units, or 37%. Nintendo Switch software sales were just as impressive, hitting 5.46 million units totally, including physical cartridge, bundles, and digital game sales.


In fact, Nintendo actually sold more copies of Zelda: Breath of the Wild on the Switch than it did Switch consoles: Breath of the Wild sold 2.76 million units on the Nintendo Switch, passing the console's 2.74 million units by some 20,000 sales. The new Zelda game also performed strongly on the Wii U with 1.08 million sales.

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Nintendo profits increase by 521%

By: Derek Strickland | More News: Gaming | Posted: Apr 27, 2017 6:54 pm

Thanks to strong Switch console sales and the company's diverse portfolio, Nintendo's bottom line profits have surged by over 500% from April 1, 2016 to March 31, 2017.




Nintendo has just reported its Fiscal Year 2016 earnings and it's fair to say the Japanese console-maker is back in the game. The company made an incredible 102.5 billion yen ($922.5 million) in profit attributed to parent (total profit gains) in its last year of operations, up by 521.5% from last year's 16.5 billion yen. It's worth noting, however, that this total profit represents Nintendo's complete portfolio of investments, sales, owned subsidiaries, share trades, etc after taxes and other deductions.


What's even more impressive is how valuable Nintendo's shares are now. We've reported that Nintendo's shares have skyrockted in price after the Switch launched. Nintendo reports its profits per share for FY 2017 are at 853.87 yen ($7.68), up by an incredible 521.44% from last year's 137.40 yen ($1.24). At the time of writing Nintendo's stock sits at 27,460 JPY.

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