This paper introduces DaringFed, a novel dynamic Bayesian persuasion pricing mechanism for online federated learning (OFL) that addresses the challenge of two-sided incomplete information (TII) regarding resources. It formulates the interaction between the server and clients as a dynamic signaling and pricing allocation problem within a Bayesian persuasion game, demonstrating the existence of a unique Bayesian persuasion Nash equilibrium. Evaluations on real and synthetic datasets demonstrate that DaringFed optimizes accuracy and convergence speed and improves the server's utility.
This article discusses the need for a decentralized approach to AI, especially in contexts where data and knowledge are distributed. It highlights five key technical challenges: privacy, verifiability, incentives, orchestration, and crowdUX. The author, Ramesh Raskar from MIT Media Lab, advocates for integrating privacy tech, distributed verifiable AI, data markets, orchestration, and crowd experience into the Web3 framework. Why it matters: Decentralized AI could unlock new possibilities for collaboration and problem-solving in the region, particularly in sectors like healthcare and logistics where data is often siloed.
KAUST hosted the KAUST Research Conference: Advances in Well Construction with Focus on Near-Wellbore Physics and Chemistry from November 7 to 9. The conference was co-chaired by Eric van Oort, a professor at UT Austin, and Tadeusz Patzek, director of the University’s Upstream Petroleum Engineering Research Center. Attendees included professors from the University of Queensland and UT Austin, and directors from GenesisRTS and Labyrinth Consulting Services, Inc. Why it matters: The conference facilitates international collaboration on advancements in petroleum engineering and well construction technologies, which are strategically important for Saudi Arabia.
In a 2018 keynote, Saudi Aramco VP Nasser Al-Nafisee recounted the rapid construction of KAUST. Al-Nafisee described building KAUST in under three years as a "mission impossible" requiring immense effort. He advised KAUST attendees to push beyond their comfort zones and adopt a "can-do attitude". Why it matters: The talk highlights the ambitious vision and rapid development that characterize Saudi Arabia's investments in research and technology.
Uwaidh Al-Harethi, executive VP at SABIC, spoke at KAUST's 2019 Winter Enrichment Program about the importance of innovation, noting that leading tech companies invest heavily to penetrate markets. He highlighted Samsung's patent filings and Amazon's innovation spending. Al-Harethi stated that SABIC makes three dollars for every one dollar spent on innovation, emphasizing its role in the chemical industry's success. Why it matters: The talk underscores the increasing focus on innovation and technology leadership within Saudi Arabia's key industries, particularly in leveraging AI for future technologies.
KAUST is accepting proposals for the Winter Enrichment Program (WEP) 2016 until May 4th, 2015. The program, scheduled for January 10-21, 2016, focuses on climate change and sustainability, aligning with the 2015 United Nations Climate Change Conference. The KAUST community can submit ideas for lectures, courses, workshops, and cultural activities. Why it matters: This interdisciplinary program fosters community engagement at KAUST while addressing a critical global issue.
MIT Professor Ahmed F. Ghoniem delivered a keynote at KAUST's Spring Enrichment Program discussing clean energy solutions for future cities. He emphasized a portfolio approach including electrochemical, solar thermochemical, and plasma technologies for renewable energy storage. Ghoniem highlighted the economic opportunities arising from clean energy technology deployment, R&D, and job creation. Why it matters: The focus on renewable energy and storage aligns with Saudi Arabia's Vision 2030 goals for sustainable urban development and diversification of the energy sector.
KAUST held an Innovation & Economic Development Open House event on October 4 and 5. The event showcased industry partners in the KAUST Innovation Cluster, including Dow Chemical, SABIC, Saudi Aramco, and startups like FalconViz and NOMADD. Student groups like the Entrepreneurship Business & Innovation Group (eBIG) also participated, highlighting efforts to foster innovation within the KAUST community. Why it matters: This event demonstrates KAUST's ongoing commitment to fostering entrepreneurship and translating research into real-world applications, aligning with Saudi Arabia's broader economic diversification goals.