“AutoSQL and Cloud Pak for Data: IBM’s touting a breakthrough in cloud-based database management. Basically, where businesses serve up answers to customer queries using cloud-managed AI databases, this will significantly speed things up. According to IBM, the new system gives answers to distributed queries “as much as 8x faster than previously and at nearly half…
Month: May 2021
Hyper-Personalised Banking: 3 Merits for Linking with Conversational AI
“There are various ways in which conversational AI fits in the hyper-personalised banking for hassle-free customer experience. Four reaping benefits of hyper-personalised banking system are: High number of pages conversion Increase in customer trust and loyalty Reduction in sales time Providing services to ease decision-making process” https://www.google.com/amp/s/www.analyticsinsight.net/hyper-personalised-banking-3-merits-for-linking-with-conversational-ai/%3famp
Investing in AI for Good
“We believe that more targeted, sustained investments in AI for social impact (sometimes called “AI for good”)—rather than multiple, short-term grants across a variety of areas—are important for two reasons. First, AI often has large upfront costs and low ongoing or marginal costs. AI systems can be hard to design and operationalize, and they require…
5 ways AI is transforming the finance industry
“In case of the finance industry, artificial intelligence and machine language both have several applications. Chatbots, robotic process automation are some of the examples of such applications of AI in finance. According to a report, using AI technology, financial sectors can save up to $447 billion by 2023.” https://www.google.com/amp/s/thebossmagazine.com/5-ways-ai-is-transforming-the-finance-industry/amp/
The four most common fallacies about AI
“In a new paper titled ‘Why AI is Harder Than We Think,’ Mitchell lays out four common fallacies about AI that cause misunderstandings not only among the public and the media, but also among experts. 1) Narrow AI and general AI are not on the same scale. Designing systems that can solve single problems does…