“Economists appear to have reached a general consensus that artificial intelligence is among the four great “general purpose technologies” to come along since the 1800s. Gill argues that AI, like steam power, electricity, and information systems technology, will directly impact the way business is conducted at the global scale by 2030.” https://thenextweb.com/artificial-intelligence/2020/01/21/report-whichever-country-claims-ai-supremacy-this-decade-will-rule-the-earth/
Month: January 2020
AI Will Give Rise To FinTech 2.0 And Longevity Banks
“The most valuable and capable client demographic in terms of purchasing power are the citizens of the 7th Continent which is made up of 1 billion people over 60. The global spending power of this demographic is expected to be $15 trillion this year. The Longevity AI Consortium at King’s College London is developing sophisticated…
Google’s Sundar Pichai doesn’t want you to be clear-eyed about AI’s dangers
“Alphabet and Google CEO, Sundar Pichai, is the latest tech giant kingpin to make a public call for AI to be regulated while simultaneously encouraging lawmakers towards a dilute enabling framework that does not put any hard limits on what can be done with AI technologies. Google chief claiming: ‘AI has the potential to improve…
Spanish bank applies AI to staff training
“The latest version of CaixaBank’s Virtaula training portal uses AI to profile staff and identify what training they might benefit from. A chatbot, which communicates using natural language, will also assist staff accessing courses if they want to take up suggestions. Another HR example is in Singapore, where DBS bank is using the technology to screen…
Infographic: It’s 2020, is your business AI-ready?
“60% of business leaders urgently need a strategy for deploying artificial intelligence in their organizations, but only half of their organizations have a plan.” https://insidebigdata.com/2020/01/19/infographics-its-2020-is-your-business-ai-ready/