Marie Kratz, Professor at ESSEC Business School and Director of ESSEC CREAR (Center of Research in Econo-finance and Actuarial sciences on Risk), shares her thoughts about how artificial intelligence will re-shape the actuarial profession. We've all experienced those minor, sometimes major, mishaps in life – your bike gets stolen, you have a car accident, you drop your computer or, worse still, you wake up one morning to find the living room swamped in 3 feet of muddy floodwater. And we have all witnessed the drama of natural catastrophe on the news. The camera covers the victims, some considering themselves lucky, others overcome by the emotion of losing their hard-earned belongings or loved ones – all of them in wait for the complications that will come, not least the financial ones. This is where the insurance company comes in.

Here are four case studies on how machines can perform tasks that previously required human intelligence across various industries. The rise of artificial intelligence is the great story of our time. Leaving the laboratory after decades in the making, artificial intelligence, or AI, is infusing itself into many aspects our daily lives – from homes and phones to cars and offices. Machines are now able to perform tasks that previously required human intelligence across various industries. Insurance, once perceived as highly resistant to change, has now accelerated the race for innovation.

The next time you shop on fashion website Myntra, you might end up choosing a t-shirt designed completely by a software--the pattern, colour and texture-- without any intervention from a human designer. The first set of these t-shirts went on sale four days ago. This counts as a significant leap for Artificial Intelligence in ecommerce. For customers, buying online might seem simple--click, pay and collect. Behind the scenes, from the warehouses to the websites, artificial intelligence plays a huge role in automating processes.

NEW DELHI: As data science gets set to drive the artificial intelligence (AI) market in 2017, a few Indian startups are initiating development of conversational bots, speech recognition tools, intelligent digital assistants and conversational services to be built over social media channels, a joint study by PwC-Assocham said on Thursday. Organizations are looking to leverage AI capabilities for predictive modelling. "Online shopping portals have extensively been using predictive capabilities to gauge consumer interest in products by building a targeted understanding of preferences through collection of browsing and click-stream data, and effectively targeting and engaging customers using a multi-channel approach," the report added. To enable consumers to find better products at low prices, machine learning algorithms are being deployed for better matching of supply with consumer demand. Some of the areas where AI can improve legal processes, said the findings, include improved discovery and analysis based on law case history and formulation of legal arguments based on identification of relevant evidence.

The next time you shop on fashion website Myntra, you might end up choosing a t-shirt designed completely by a software - the pattern, colour and texture-without any intervention from a human designer. The first set of these t-shirts went on sale four days ago. This counts as a significant leap for Artificial Intelligence in e-commerce. For customers, buying online might seem simple--click, pay and collect. Behind the scenes, from the warehouses to the websites, artificial intelligence plays a huge role in automating processes.

The Founder Michael Keaton gives a performance of ratty, reptilian brilliance as Ray Kroc, the American salesman who turned a California burger stand into the global fast-food behemoth that is McDonald's, in John Lee Hancock's shrewd and satisfyingly fat-free biopic. I Am Not Your Negro As directed by the gifted Raoul Peck, this documentary on James Baldwin uses the entire spectrum of movie effects, not only spoken language but also sound, music, editing and all manner of visuals, to create a cinematic essay that is powerful and painfully relevant. La La Land Starring a well-paired Ryan Gosling and Emma Stone, writer-director Damien Chazelle's tuneful tribute to classic movie musicals is often stronger in concept than execution, but it's lovely and transporting all the same. Land of Mine Explosive devices that can detonate at any moment are intrinsically dramatic, and this Danish World War II film makes good use of that plot mechanism, but it has a whole lot more going for it as well. Manchester by the Sea Powerful, emotional filmmaking that leaves a scar, Kenneth Lonergan's drama starring Casey Affleck and Michelle Williams is both heartbreaking and heartening, a film that just wallops you with its honesty, its authenticity and its access to despair.

We bring five years of direct research and learning from thousands of technologists, business strategists and investors. We partner with some of the most respected consultants and technologists. Since 2005, Robert Scoble and Shel Israel have collaborated to write and speak on what's coming next in technology and what it means to business decision makers. In that context we have received much praise. Our most recent book, The Fourth Transformation: How Augmented Reality and Artificial Intelligence Will Change Everything, is the first work that alerts brands to move fast because the world's most powerful tech companies, investors and entrepreneurs are driving this transformation change at unprecedented speed.

Although China could initially only observe the advent of the Information-Technology Revolution in Military Affairs, the People's Liberation Army might presently have a unique opportunity to take advantage of the military applications of artificial intelligence to transform warfare. When the United States first demonstrated its superiority in network-centric warfare during the first Gulf War, the PLA was forced to confront the full extent of its relative backwardness in information technology. Consequently, the PLA embarked upon an ambitious agenda of "informatization" (信息化). To date, the PLA has advanced considerably in its capability to utilize information to enhance its combat capabilities, from long-range precision strike to operations in space and cyberspace. Currently, PLA thinkers anticipate the advent of an "intelligentization Revolution in Military Affairs" that will result in a transformation from informatized ways of warfare to future "intelligentized" (智能化) warfare.

No longer the subject of science fiction, Artificial Intelligence (AI) is profoundly transforming our daily lives. While computers have been mimicking human intelligence already for some decades using logic and if-then kind of rules, massive increases in computational power are now facilitating the creation of'deep learning' machines i.e. algorithms that permit software to train itself to recognize patterns and perform tasks, like speech and image recognition, through exposure to vast amounts of data. These deep learning algorithms are everywhere, shaping our preferences and behaviour. Facebook uses a set of algorithms to tailor what news stories an individual user sees and in what order. Bot activity on Twitter last year suppressed a protest against Mexico's now-president by overloading the hashtag used to organize the event.

Music follows a set of patterns that can extract feelings from its listeners and provoke emotional responses. While machines can now make music too, they don't give much consideration to the emotional response of their audience. But now a team of researchers has developed a machine-learning device that can detect the emotional state of listeners and make new songs that provoke new feelings. In the study, participants listened to music while wearing wireless headphones that contained brain wave sensors. The team of researchers, under the support of Osaka University's Center of Innovation (COI) program, developed the AI that detects users' brain state and provides a means for activating it through music.