13 Best Quotes About The Future Of Artificial Intelligence

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This is a really interesting article published by Forbes, and contains the 13 greatest quotes related to AI. The number 13 is actually my lucky number so I’m taking that as a positive omen.

I attempted to categorize the key theme(s) of the content. Here’s a summary overview:

  • Benefit to Humanity – 7
  • Negative for humanity – 1
  • End of world – 2
  • Corporate Game changer – 3
  • Power for malicious intent – 2
  • Augment our intelligence – 1
  • Cool – 1

The quotes come from scholars, tech giants and visionaries including:

  • Stephen Hawking, Theoretical Physicist
  • Andrew Ng, Computer Scientist and Global Leader in AI
  • Sam Altman, Chairman of OpenAI
  • Fei-Fei Li, Professor of Computer Science at Stanford University
  • Tim Cook, CEO of Apple
  • Ginni Rometty, CEO of IBM

Check out the full article here – https://www.google.com/amp/s/www.forbes.com/sites/nicolemartin1/2019/06/27/13-greatest-quotes-about-the-future-of-artificial-intelligence/amp/

How is Artificial Intelligence Changing the Banking Industry?

  • “There are various applications of artificial intelligence in banking. For example, already a growing number of start-ups, such as Trussle and Habito in the UK, that are looking to use machine learning algorithms to help customers find the best mortgage product on the market.
  • By allowing consumers to have more time and contact to discuss complex personal financial management queries – which chatbots cannot answer – with their bank and portfolio managers banks will be perceived as a trusted and credible source of financial advice.”


By Antonella Comes, CMO, Auriga


AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks – here are the strategies the winners are using

  • “The aggregate potential cost savings for banks from AI applications is estimated at $447 billion by 2023, with the front and middle office accounting for $416 billion of that total
  • 75% of respondents at banks with over $100 billion in assets say they’re currently implementing AI strategies
  • 46% at banks with less than $100 billion in assets”


How data exchanges can level the digital playing field

“One possibility to realize this vision is to create an exchange to determine the value of data, much like commodity exchanges…As data exchanges publish value, people could see the value of their data and make an informed decision about whether to provide this to the exchange. This also needs to be complemented with “intended purpose”, as opposed to the historical trend of “source of origin” regulation of data, which may be enforceable through, for exam”


Can you just start dabbling in AI and begin seeing big results? (VB Live)

    • “’But a lot of businesses don’t know how to get started with AI because they’re confused about what it truly is and how to dabble in it. My feedback is, just jump right in.’
    • One of the first areas was identifying the customers mostly likely to churn, which saved them billions of dollars.
    • ‘You have to make sure you’re not paying AI prices for automation,’ he says.”