“Smith said Microsoft is focusing on six strategies to ensure responsible AI – to ensure AI is fair and unbiased; secure and safe; protects people’s privacy; inclusive; transparent; and accountable. “These issues around facial recognition go to the heart of democratic freedoms, and it will be the world’s great democracies that need to lead the…
Month: October 2020
Lack of AI skills a myth – Gartner
“A Gartner survey of 607 IT leaders in November and December 2019 found that only 7% of respondents said that limited AI skills are a barrier to AI implementation. Gartner says organisations with the lowest AI maturity level are not experiencing a shortage of AI skills, with 56% reporting they either have enough talent or…
New-gen banking: A bank built for the millennial must function as their financial wellbeing manager
“This year alone, millennials will constitute 35% of the global workforce. Within a decade, their aggregate income will surpass $4 trillion. By 2030, MZ (Millennials and Gen Z) in the US will witness a five-fold increase in their wealth as they are set to inherit $68 trillion from their Baby Boomer parents A major bank…
Taco Bell Leverages AI to Personalize
“The fast-food restaurant is enabling digital menus capable of real-time customization thanks to a partnership with Certona ‘As a forward-looking company, we’re using the latest machine learning and AI technology to better deliver on those individual preferences.’” https://www.psfk.com/2020/10/taco-bell-ai-personalized-menus.html
Journey To Digital: Banking In 2025
“It is, therefore, important to realise that physical touchpoints will not be rendered obsolete [4] – rather, the introduction of AI solutions will ensure that both physical and digital interaction is available in a cohesive way. Here, the process that is the democratization of financial services becomes clearer [5]. Digital touchpoints render services more accessible…