The advent of artificial intelligence not only means an easier life for humans and a potentially safer one, but the technology can be implemented in many different sectors. When it comes to private wealth management, AI is being used in several ways, from financial advice to lead generation. Should financial companies be placing all their eggs in one basket with AI, or should they have a hybrid company that utilizes humans as well? AI is still in its infancy, but even so, it will be able to impact on the business of finance management companies. One of the biggest advantages of AI in the finance sector is the ability to scour mass amounts of documents.

GDPR (EU General Data Protection Regulation) is around the corner and bigger companies are getting ready to adopt it as they already know what kind of penalties come from non-compliance. It replaces replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe and it is the biggest change on data privacy regulation in 20 years for Europe. While GDPR main elements can be a little tricky to understand, one thing is clear as sensitive Data Discovery is mandatory, so you can find the Personal and sensitive information on your data repositories, that can be almost everything from databases to files. Basically, we focus our data discovery on three main areas: column discovery, data discovery and file discovery. Column discovery is easy to understand, based on specific keywords or sentences we find column names on databases and match it with possible sensitive data.

One in five people are concerned their jobs could come into competition with automated or artificial intelligence technologies, according to a survey commissioned by tech provider Ricoh Ireland. The study also revealed that just 29 per cent of people believe schools are equipping children with the necessary skills for the digital era. Only a third felt schools have access to the range of modern technologies to help students become digitally proficient. The survey found that confidence in Irish third-level education was higher, with 64 per cent believing graduates are digitally prepared to enter the workplace. Nevertheless, half of respondents said the Irish education system lags behind its European counterparts.

While technology develops at exponential speed, transforming how we go about our everyday tasks and extending our lives, it also offers much to worry about. In particular, many top minds think that automation will cost humans their employment, with up to 47% of all jobs gone in the next 25 years. And chances are, this number could be even higher and the massive job loss will come earlier. So when will your job become obsolete? Researchers at the University of Oxford surveyed the world's top artificial intelligence experts to find out when exactly machines will be better at humans in various occupations. Katja Grace from Oxford's Future of Humanity Institute led the team that gathered responses from 352 academics and industry experts in machine learning.

Two telepresence robots roll into a human-computer interaction conference. Sounds like the beginning of a very nerdy joke, but it really happened (#2017). A few weeks ago in Denver, Colorado, a robot I was piloting over the internet from my computer in Idaho stood wheel-to-wheel with a similar'bot in a pink skirt controlled by a researcher in Germany. We introduced ourselves by yelling at each other's screens. Given the topic of the conference, this particular human-computer interaction was a little too on the HD touch-screen nose.

Palmer Luckey, who recently parted ways with Facebook after funding a controversial Donald Trump-supporting meme group, is now developing advanced border surveillance technology, it has been reported. His system would be cheaper to build than Mr Trump's proposed Mexico border wall, according to people familiar with the plans. PayPal co-founder Peter Thiel, an adviser to Mr Trump, reportedly plans to invest in Mr Luckey's new company. The I.F.O. is fuelled by eight electric engines, which is able to push the flying object to an estimated top speed of about 120mph. The giant human-like robot bears a striking resemblance to the military robots starring in the movie'Avatar' and is claimed as a world first by its creators from a South Korean robotic company Waseda University's saxophonist robot WAS-5, developed by professor Atsuo Takanishi and Kaptain Rock playing one string light saber guitar perform jam session A man looks at an exhibit entitled'Mimus' a giant industrial robot which has been reprogrammed to interact with humans during a photocall at the new Design Museum in South Kensington, London Electrification Guru Dr. Wolfgang Ziebart talks about the electric Jaguar I-PACE concept SUV before it was unveiled before the Los Angeles Auto Show in Los Angeles, California, U.S The Jaguar I-PACE Concept car is the start of a new era for Jaguar.

The Apple Store is offline ahead of its big event today. The company is holding its Worldwide Developers Conference where it will show off the software that will power the iPads, Macs and iPhones of the future. But it's also going to start selling some of those new futuristic computers, as well. The biggest new product of the day is expected to be the Siri speaker, Apple's answer to the talking assistants encased in cylinders like the Google Home and Amazon Alexa. But that might not actually make it onto the store today – it's expected to be unveiled during the keynote but not actually made available until later on.

I recently read an article about the National Health Service in England beginning a collaboration with a digital media company to build a Chatbot that can interface with patients. One of the biggest issues in the British Healthcare System is how long a patient waits to see a doctor and in parallel with that wait, how much of their time doctors spend diagnosing and dealing with relatively simple repetitive issues and basic information transfer. With artificial intelligence and a chat bot that can take care of doing the routine and mundane tasks of a first-line general practitioner, the physician is freed up to concentrate on the more challenging medical issues her patients face. The Hawthorne effect is a well documented phenomenon of improved results because the subject knows they are being watched. There is a new startup company called Hawthorne Effect looking to do just that.

Every Monday, we might look back at last week; look ahead to this week; share a few thoughts (our own or others); or discuss anything that catches our eye. This week, we sum up the predictions made by Google's illustrious chief futurist, Ray Kurzweil, on what awaits us this century. Personal and peripheral gadgets go completely wireless. People are not allowed to drive cars that are do not have computer assistants. This is done thanks to the computer simulation of the human brain.

Babies born this year may never need to take a driving lesson as self-driving cars could hit Britain's roads within 15 years, says the boss of a UK insurance company. Technology is developing at such a rate that autonomous vehicles could be available by 2032, meaning "babies born today may never have to take a driving test", Axa UK chief executive Amanda Blanc told the Daily Telegraph. But Ms Blanc warned that the insurance sector must be ready to adapt to the new risks that will arise from the arrival of self-driving cars, when crashes will occur with a computer rather than a human in control of the vehicle. Ms Blanc said that insurers have a key role to play in building a new framework for the driverless future, adding that autonomous vehicles "will not be able to take the roads [without that]". Insurance costs are expected to fall in line with lower accident rates and Ms Blanc admitted that driverless cars would make roads "much safer and increase mobility for vulnerable members of society", as more people will be able to get insurance.