[via Srinivas] Business 2.0 writes about jeff Hawkins’ new venture:
Computers running Numenta software will not be programmed like regular computers. Rather, algorithms that Numenta has come up with allow machines to learn from observation, just as a child learns by observing the world around her.
Numenta is developing a new computer memory system that it says can remember the patterns of the world presented to it and use them, the way a human does, to make analogies and draw conclusions. If it works as Hawkins expects, the applications and business opportunities will be stunning. They could range from the mundane – helping radiologists or airport security officers to read X-ray images, predicting machine failures in factories, improving manufacturing yields at chip plants – to the mind-boggling: predicting tornadoes and stock prices, making smart cars, unraveling the mysteries of the cosmos. “I know this has to work because this is how the brain does it,” Hawkins says.