Best of the Week
Most Popular
1. The Trump Stock Market Trap May Be Triggered - Barry_M_Ferguson
2.Why are Central Banks Buying Gold and Dumping Dollars? - Richard_Mills
3.US China War - Thucydides Trap and gold - Richard_Mills
4.Gold Price Trend Forcast to End September 2019 - Nadeem_Walayat
5.Money Saving Kids Gardening Growing Giant Sunflowers Summer Fun - Anika_Walayat
6.US Dollar Breakdown Begins, Gold Price to Bolt Higher - Jim_Willie_CB
7.INTEL (INTC) Stock Investing to Profit From AI Machine Learning Boom - Nadeem_Walayat
8.Will Google AI Kill Us? Man vs Machine Intelligence - N_Walayat
9.US Prepares for Currency War with China - Richard_Mills
10.Gold Price Epochal Breakout Will Not Be Negated by a Correction - Clive Maund
Last 7 days
Silver Outlook Is 'Excellent' - 23rd July 19
Why The Coming Silver Rally Might Be The Greatest - 23rd July 19
We Are in for Decades of Ultra-Loose Monetary Policy - 23rd July 19
Gold & Gold GDX Stocks Ripping. What’s Next? - 23rd July 19
Stock Market Breadth Warning Signs for the Stock Market’s Rally? - 23rd July 19
U.S. Recession Watch: The Six-Cycle Forecast - 23rd July 19
US Dollar Index tightly wound between: US Bond Yields down on safety flows - 23rd July 19
Stocks Bull or Bear? The Market’s Message - 23rd July 19
This Dividend Aristocrat Is Leading the 5G Revolution - 22nd July 19
What the World Doesn’t Need Now is Lower Interest Rates - 22nd July 19
My Biggest 'Fear' For Silver - 22nd July 19
Reasons to Buy Pre-Owned Luxury Car from a Certified Dealer - 22nd July 19
Stock Market Increasing Technical Weakness - 22nd July 19
What Could The Next Gold Rally Look Like? - 22nd July 19
Stock Markets Setting Up For A Volatility Explosion – Are You Ready? - 22nd July 19
Anatomy of an Impulse Move in Gold and Silver Precious Metals - 22nd July 19
What you Really need to Know about the Stock Market - 22nd July 19
Has Next UK Financial Crisis Just Started? Bank Accounts Being Frozen - 21st July 19
Silver to Continue Lagging Gold, Will Struggle to Overcome $17 - 21st July 19
What’s With all the Weird Weather?  - 21st July 19
Halifax Stopping Customers Withdrawing Funds Online - UK Brexit Banking Crisis Starting? - 21st July 19
US House Prices Trend Forecast 2019 to 2021 - 20th July 19
MICROSOFT Cortana, Azure AI Platform Machine Intelligence Stock Investing Video - 20th July 19
Africa Rising – Population Explosion, Geopolitical and Economic Consquences - 20th July 19
Gold Mining Stocks Q2’19 Results Analysis - 20th July 19
This Is Your Last Chance to Dump Netflix Stock - 19th July 19
Gold and US Stock Mid Term Election and Decade Cycles - 19th July 19
Precious Metals Big Picture, as Silver Gets on its Horse - 19th July 19
This Technology Everyone Laughed Off Is Quietly Changing the World - 19th July 19
Green Tech Stocks To Watch - 19th July 19
Double Top In Transportation and Metals Breakout Are Key Stock Market Topping Signals - 18th July 19
AI Machine Learning PC Custom Build Specs for £2,500 - Scan Computers 3SX - 18th July 19
The Best “Pick-and-Shovel” Play for the Online Grocery Boom - 18th July 19
Is the Stock Market Rally Floating on Thin Air? - 18th July 19
Biotech Stocks With Near Term Catalysts - 18th July 19
SPX Consolidating, GBP and CAD Could be in Focus - 18th July 19

Market Oracle FREE Newsletter

Top AI Stocks Investing to Profit from the Machine Intelligence Mega-trend

New Technology Spots Crime Before it Happens

Companies / Tech Stocks May 15, 2012 - 07:57 AM GMT

By: Money_Morning

Companies

Best Financial Markets Analysis ArticleMichael A. Robinson writes: Falling statistics aside, crime is still a national epidemic.

The truth is 1.2 million of us will fall victim to a rape, robbery or murder by the end of this year.

That adds up to 3,400 new crime victims each and every day--all year long.


Yet the odds are growing daily that video cameras will catch these ultra-violent thugs in the act.

The fact is the U.S. has roughly 30 million cameras watching banks, malls, factories and city streets manned by law enforcement, federal agents, the military, homeowners and private security.

For the surveillance industry, though, that's just the beginning.

New video surveillance technology is growing by leaps and bounds with a compound annual growth rate of more than 10% a year.

In fact, ABI Research predicts the video surveillance market will grow to $41 billion by 2014.

But there's just one problem with the current approach...

We simply don't have enough people to watch all those cameras at any thing approaching real time.

Think of it as a river of information that's impossible to sort. It comes at us so fast that it's not much use when it comes to actually preventing crimes.

If only there was a way to figure out in advance what the bad guys were going to do next.
No doubt that would be huge.

"Smart" Software Finds Crooks Fast
That's why I'm glad to tell you about a new breakthrough video surveillance technology created by a startup called BRS Labs.

It's called AISight and it could literally transform video security throughout the United States.

And just to drive the point home even further, the name is pronounced "eyesight." It's what's known as "smart" software since it's based on artificial intelligence, or AI.

Here's the thing. Its smart software combines computer vision with machine learning to recognize behavior. Think about that for a moment.

Not long ago AISight spotted a man who had no business hanging out with a group of school kids. What happened next will blow you away.

It all went down like this: A group of children had arrived at the state Capitol building in Austin, TX for a field trip. Like hundreds of other kids who make the trip each week, they had all been pre-screened to avoid going through security.

On this particular trip, though, something was amiss. An adult who was not a teacher entered the picture. The video picked him up trying to blend in with the group.

However, the smart software crunched through the patterns of dozens of people in the frame and recognized that he didn't fit in with the crowd. It then sent out an alert preventing a potential crime in the process.

It is no wonder San Francisco's transit agency went with AISight last March. The $2.2 million contract covers 12 train stations. No big deal, right? Think again.

Solving the math alone shows the type of challenges the BRS technology can handle. San Francisco needs all 22 cameras at each location to track 150 objects "continuously" at the same time.

And this is the part that just blows my mind...

The contract actually says the system must "process the video imagery data similar to the cognitive process" of the human brain.

No problem, BRS execs say. AISight learns much the way people do.

How does it work? The system starts with video streams from standard security cameras. Within days, it learns what is 'normal' within its field of view.

It does so by seeing and tracking subjects. It defines appearances and other details, then classifies them. AIsight then learns and can quickly recall what behavior is "normal" and what is not.

When something doesn't fit, the system sends an alert for a person to check it out.

Shades of 1984?.... Not Exactly
But let me clear up one key point. This is not "spy" software. BRS doesn't look for license plates or try to identify people's faces.

That's important because many people in this country worry about the implications of Big Brother watching them.

BRS Labs says it doesn't invade people's privacy and has clients sign statements saying they won't do so, either.

Then again, AIsight doesn't look for people; it scans for patterns of behavior.

To date, the firm has raised some $16 million in private funding, though none has so far come from venture capital. It has a number of deals in the works in the United States and Latin America.

And CEO Ray Davis has just the background I like to see at a startup.

He launched his first venture at the ripe old age of 17 and got ink in Money magazine. He has founded eight companies with at least one going public and has written 20 books on high tech.

In my mind, it's firms like BRS Labs that give us a good reason to be optimistic about America's future. This unique, cutting-edge tech was grown right here in the good old USA.

BRS has several patents to its credit. That not only gives the firm barriers to entry; it also shows that great ideas remain in our nation's DNA.

And to help you keep abreast of all this cutting-edge high tech, I recently launched the Era of Radical Change.

It is a unique advisory service that will show you how to profit from the most important trends reshaping the world around us.

I'm referring to things like:

•An exotic new material that's only one atom thick and will result in TV screens slimmer than a sheet of paper...
•The new process that allows you literally to "print" your very own spy plane, right at home...
•A see-through computer screen that converts files into 3D images you can move with your hands.

So, if you want to find a way to profit from the next generation of tech breakthroughs, the Era of Radical Change is a great place to start.

And you can't beat the price. You can get it free by clicking here.

Source :http://moneymorning.com/2012/05/15/new-video-surveillance-technology-spots-crime-before-it-happens/

Money Morning/The Money Map Report

©2011 Monument Street Publishing. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), of content from this website, in whole or in part, is strictly prohibited without the express written permission of Monument Street Publishing. 105 West Monument Street, Baltimore MD 21201, Email: customerservice@moneymorning.com

Disclaimer: Nothing published by Money Morning should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investent advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication, or after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended by Money Morning should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company.

Money Morning Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in

6 Critical Money Making Rules