Nikkei buys minority stake in Singapore AI startup DC Frontiers
Nikkei on Monday said it acquired a 14.79% stake in Singapore-based artificial intelligence startup DC Frontiers for an undisclosed sum.
KIZUGAWA, KYOTO PREF. – Technological innovations in the field of artificial intelligence are making such enormously rapid progress it is often said that all production facilities will become unmanned and a large majority of clerical work will be taken over by AI. This has given rise to an extreme theory that either AI or robots will replace humans in many jobs, pushing the unemployment rate close to 50 percent.