Photo Credit : Shutterstock “With an increased digital consumption the world is creating massive amounts of data on a daily basis. According to Domo’s Data Never Sleeps 5.0 report, there are 2.5 quintillion bytes (1 million terabytes) of data created each day! And it is estimated that a staggering 1.7MB of data will be created…
Tag: AI
Absa AI automates account switching in South Africa
“Absa is implementing artificial intelligence (AI) to help customers change banks in South Africa. According to Absa’s CIO Jacques Barkhuizen, this is a “world first” and any customer from any bank in South Africa can go to the app and get this feature. He says the process takes under seven minutes, and it will automatically…
We analyzed 16,625 papers to figure out where AI is headed next
The rise of reinforcement learning “In the few years since the rise of deep learning, our analysis reveals, a third and final shift has taken place in AI research. As well as the different techniques in machine learning, there are three different types: supervised, unsupervised, and reinforcement learning. Supervised learning, which involves feeding a machine…
How Walmart is going all in on artificial intelligence
“Sales in the U.S. are at a nine-year high. One thing Jeff’s presentation made abundantly clear is that the company plans to keep those numbers up with artificial intelligence. Last spring, Walmart redesigned its website to be more personalized. Shoppers are served product recommendations based on their previous behaviors, an important distinction. According to Accenture,…
IBM Artificial Intelligence Expert to Urge Conference Delegates to Embrace AI
“A global influencer with a passion for innovation, Sangster’s role as chief customer officer at IBM Watson puts her at the vanguard of some of the most exciting – and intimidating – transformative technologies in the world. Her firm conclusion that by becoming early adopters not for profits can outperform the private sector and reap…