When 20 teams gathered for NextAI’s first venture day this September, competing to become the next Shopify, Uber or Wealthsimple – but powered by the machine learning technology this incubator hopes to help commercialize – the big winner was a machine-learning powered garbage bin that sorts and diverts waste away from landfills, while extracting consumption and demographic insights. It may seem odd, but over the past few years AI has spread ever more widely into our daily lives. Anticipating its next application could not only change the way we live our lives, but our entire economy.
“When I talk to people about AI and machine learning, I tell them I am excited for this technology because it has the potential to impact every sector,” says Graham Taylor, a CIFAR Azrieli Global Scholar and the academic director of NextAI’s incubator program. In this role Taylor oversaw the application of machine learning to fields as varied as finance, health, natural resources, human resources and waste management.Read More