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Friday, July 22, 2022 10:26:45 AM
this RM with Centinent is HUGE.
Machine bias is THE problem for big tech.
"Centiment Capital Holdings
The Solution to Machine Bias
Centiment Capital is the world's first neurotech-enabled, for-profit, anti-bias-driven machine learning company.
The world’s artificial intelligence technology is becoming ever more advanced by the day. As these machines grow in intelligence, they potentially also grow in their ability to display bias and discriminate. The need to understand how AI work becomes increasingly more imperative as it is applied to many of the walks of life humans live within. In addition to understanding function, there is a need to understand the true impact they are having in areas such as in healthcare, social media, the criminal justice system.
In 2019, the Facebook edge rank algorithm discriminated against users on the basis of their race, housing, and in various other ways, resulting in a fine from the government and various other public reprimands of Facebook, however, the Facebook issue is not an isolated incident - Google in the context of ace within search technology and Amazon in the context of race within machine vision technology have also seen the same problems.
The machine bias problem used to be a small matter for these companies and others, 2020 changed that.
Along with racial bias, machine bias was publicly identified and understood, resulting in multi-billion-dollar fines for the top tech companies that are set to soar to trillions when coupled with lost business opportunities.
Centiment has been working on this as a business problem in the academic and business world since 2015 and publicly since 2017
Centiment has had three exits across its anti-bias business applications - Filmfundr ($1MM Exit) Centiment.io ($1MM Exit) and most recently BrainRap x BrainBit ($1.7MM Exit) The research aspect of Centiment houses Neuro Sentiment, an artificial intelligence algorithm that sits at the intersection of sound and neuroscience and has business applications in Music, Advertising Technology and Healthcare to help machines work as best as possible in an unbiased manner.
The music application of the fund's technology is BrainRap, the well-known music technology platform, endorsed by the likes of NWA's Arabian Prince, rap legend Manio and the Akon-backed Hitlab as well as leading Neurotechnology company Brainbit. The healthcare application of Centiment’s technology is Cingualirty, a neuroscience company focused on working towards ending ALS and developing neurotechnology to treat and help other neurodegenerative diseases. The advertising application of Centiment technology is Centiment.io, an ad tech company that was split up and acquired by multiple advertising agencies and a hedge fund.
Centiment is well set to help companies overcome costly machine bias and prosper in the Artificial intelligence age.
"https://www.centiment.capital/";
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