“Deloitte survey found that 73% percent of respondents are planning to implement technology to replace humans in their workforce this year—up from 58% a year ago.” https://www.google.com/amp/s/www.techrepublic.com/google-amp/article/the-finance-robots-are-coming-73-of-organizations-plan-to-replace-humans-with-machines-this-year/
Month: March 2020
AI (Artificial Intelligence) Companies That Are Combating The COVID-19 Pandemic
“C3.ai Digital Transformation Institute Kaggle’s COVID-19 Open Research Dataset Challenge Decentralized Artificial Intelligence Alliance is putting together Covidathon MIT Solve, which is a marketplace for social impact innovation” https://www.google.com/amp/s/www.forbes.com/sites/tomtaulli/2020/03/28/ai-artificial-intelligence-companies-that-are-combating-the-covid-19-pandemic/amp/
AI’s role in retail
“Domino’s uses artificial intelligence to determine its pizza delivery times and, in Australia and New Zealand, to monitor quality. Sephora’s ColorIQ scans shoppers’ skin to provide custom recommendations for foundation and concealer. Walmart’s Intelligent Retail Lab is experimenting with a number of artificial intelligence tools. ‘retailers — except for the top ones — are struggling…
Banking Bots: The Good, The Bad And The Ugly
“Worldwide spending on security systems is projected to hit $131 billion by the end of 2020, and $174 billion over the next two years. A recent survey found that the industry needs at least 4 million new cybersecurity personnel to effectively fight digital fraud worldwide on top of the 2.8 million people already employed by…
How AI usage is attracting customers towards digital Banking
“According to Mckinsey Panorama, almost 80% of financial institutions have partnered with a financial technology services provider in their efforts to adapt digitization & artificial intelligence. artificial intelligence is widely perceived as that catalyst that could help banks strengthen relationships with their customers. With a year on year growth of 6 percent, global payments revenue…