Using AI and big data to estimate economic recovery post covid19
Researchers on WeBank’s AI Moonshot Team have taken a deep learning system developed to detect solar panel installations from satellite imagery and repurposed it to track China’s economic recovery from the novel coronavirus outbreak. The team used its neural network to analyze visible, near-infrared, and short-wave infrared images from various satellites, including the infrared bands from the Sentinel-2 satellite. This allowed the system to look for hot spots indicative of actual steel manufacturing inside a plant. In the early days of the outbreak, this analysis showed that steel manufacturing had dropped to a low of 29% of capacity. But by 9 February, it had recovered to 76%.
Read more about the finds at https://spectrum.ieee.org/view-from-the-valley/artificial-intelligence/machine-learning/satellites-and-ai-monitor-chinese-economys-reaction-to-coronavirus
Read more about the finds at https://spectrum.ieee.org/view-from-the-valley/artificial-intelligence/machine-learning/satellites-and-ai-monitor-chinese-economys-reaction-to-coronavirus