“The Hong Kong Monetary Authority (HKMA) has published a report entitled “Reshaping Banking with Artificial Intelligence.” The Report is part of a series of publications on applying AI technology, including Robo-advisors, to the banking industry. 70 of the world’s largest 100 banks operated in Hong Kong. In general, banking provides 18% (HK$ 270.4 billion) of…
Month: December 2019
2019 AI HYPE COUNTDOWN #10: SOPHIA THE ROBOT STILL GIVES “INTERVIEWS”
“This year’s lot included a feature on NBC’s TODAY show where the news organization claims that ‘researchers designed Sophia to evolve, and learn from all of her human interactions.’” https://mindmatters.ai/2019/12/2019-ai-hype-countdown-10-sophia-the-robot-still-gives-interviews/
Law must be adapted for the Fourth Industrial Revolution
“The legal challenges imposed by the Fourth Industrial Revolution are both new and greater. Data has now become a valuable business asset which fosters innovation In certain respects, data can be compared to the new oil, with the “datafication” of every aspect of human social, political, and economic activity. Already, a court in Cleveland in…
Banking automation’s potential can unlock more than $70B in value by 2025 | Banking Dive
“Automation could help North American banks unlock up to $71 billion in value by 2025, according to an Accenture study released last week. Banks were projected to invest more than $5 billion in artificial intelligence in 2019, according to a September report by International Data Corp. The Accenture study cited account reconciliation and data entry and…
5 Key Themes That Will Dominate Headlines At CES 2020
“Five themes that will be a mainstay at this year’s event. 5G For the Mainstream Devices, Devices, Devices Connected and Autonomous Vehicles Headset Reboot for AR and VR Streaming Wars Pushes Content Revolution” https://www.google.com/amp/s/www.forbes.com/sites/danielnewman/2019/12/26/5-key-themes-that-will-dominate-headlines-at-ces-2020/amp/ Image credit: Getty CES – https://www.ces.tech Jan 7-10 Las Vegas, NV