Over the last three years, there has been a significant shift towards the adoption of new and emerging technologies leading to a widening mix of advice, administration and investment practices among wealth managers. In the face of competitive market pressures, constant regulatory change and escalating data volumes, it is critical for wealth management firms to leverage technology and the underlying data creatively to improve service quality, personalise customer experiences and create platforms for smart processing. Wealth managers need to define and firmly establish digital operations as a capability within their businesses. One of the key drivers to the speed and adoption of digital operations is the maturity of the Robotic Automation solutions. There are two types of solutions in this marketplace: Unassisted Automation and Assisted Automation.

Sex robots appear to be the next big thing for the adult entertainment industry. Unroboticized sex dolls are not new – but combined with state-of-the-art fabrication techniques, Artificial Intelligence (AI) and programming applications, such dolls may soon reach new levels of sophistication. As sex dolls become increasingly realistic – and their roboticization looms on the horizon – a key question to ask is how the law should respond when such objects are made for, and used by, those with a sexual interest in children? Dolls for this market, manufactured overseas, are now starting to appear on the legal radar from attempts to import them into the country. The National Crime Agency (NCA) has warned that child-like sex dolls are being sold on the internet and campaigners have urged the government to outlaw the trade.

A judge in the US state of Nevada has recommended the release on $30,000 bail of a British computer expert. Prosecutors told the court that Marcus Hutchins had admitted to writing and selling malware code designed to steal banking details. His lawyer said he denied those and all other charges against him. Mr Hutchins 23, from Ilfracombe in Devon, came to prominence after he stalled the WannaCry cyber-attack that hit the NHS in May. He is due to appear again in Wisconsin on 8 August.

If you hadn't heard, Elon Musk is worried about the machines. Though that may seem a quixotic stance for the head of multiple tech companies to take, it seems that his proximity to the bleeding edge of technological development has given him the heebie-jeebies when it comes to artificial intelligence. He's shared his fears of AI running amok before, likening it to "summoning the demon," and Musk doubled down on his stance at a meeting of the National Governors Association this weekend, telling state leaders that AI poses an existential threat to humanity. "Until people see robots going down the street killing people, they don't know how to react because it seems so ethereal. AI is a rare case where I think we need to be proactive in regulation instead of reactive. Because I think by the time we are reactive in AI regulation, it's too late," according to the MIT Tech Review.

While EMMA is a relatively simple application, developers are thinking bigger as well: Today's cognitive technologies can track the course, speed, and destination of nearly 2,000 airliners at a time, allowing them to fly safely.4 Over time, AI will spawn massive changes in the public sector, transforming how government employees get work done. It's likely to eliminate some jobs, lead to the redesign of countless others, and create entirely new professions.5 In the near term, our analysis suggests, large government job losses are unlikely. But cognitive technologies will change the nature of many jobs--both what gets done and how workers go about doing it--freeing up to one quarter of many workers' time to focus on other activities.

A popular Chinese messaging app had to pull down two chatbots, not because they turned into racist and sexist bots like Microsoft's Tay and Zo did, but because they became unpatriotic. According to Financial Times, they began spewing out responses that could be interpreted as anti-China or anti-Communist Party. While these responses may seem like they can't hold a candle to Tay's racist and sexist tweets, they're the worst responses a chatbot could serve up in China. Tay, for instance, learned so much filth from Twitter that Microsoft had to pull it down after only 24 hours.

We have a long history of "moral panics." Things that we fear, whether we should or not. In most cases, these fears aren't entirely irrational, but based on exaggerations or predictions that could, but probably won't, come true or simply are not nearly as horrific as may first appear. Many of us remember the Y2K scare of 1999, when we were told that the power grid, ATMs and our transportation systems could come to a screeching halt at midnight on Jan.1, 2000 because computers weren't programmed to recognize a new century. And, yes, there were a handful of problems, but the world didn't come to an end. There was a panic that our personal privacy was over in 1988 when Kodak introduced the first portable camera.

Catching up on some of the latest marketing news recently, I found myself drifting off into a deep sleep (keyboard as pillow). My dream, quite predictably, was all about the future of digital media. Here's what I remember of it... In the agency of the future there are robots. Well, a robo-receptionist at least, who sends an email to the relevant member of staff when a guest arrives, and offers a coffee while they wait.

Global law firm Baker McKenzie has today announced the selection of eBrevia as its main AI tool of choice to be used on M&A and other transactional work for its global clients. The deal is a major coup for eBrevia as Baker McKenzie offices in Hong Kong, Singapore, Frankfurt, Munich, Berlin, Dusseldorf, Vienna, Toronto and Chicago will be tailoring eBrevia's machine learning capabilities to several practice groups and jurisdictions, and plans are already underway to extend the reach of the AI programme. Paul Rawlinson, global chair of Baker McKenzie said: 'Digitisation, Artificial intelligence and Machine Learning are all very real and the legal industry is right in the middle of the changes they will bring. Being truly innovative means listening to clients and understanding the challenges they face – so we can adapt and make sure the service we provide fits not just for today's technological challenges but also for the future.' Baker McKenzie's Erik Scheer, who chairs the Innovation Committee added: 'We are applying a broad range of Artificial Intelligence tools for due diligence, contracts, and e-discovery where these technologies can ensure market-leading efficiency.

Corp. (OTC-PINK: GOSY) (http://www.GeckoSystems.com/) announced today that their CEO, R. Martin Spencer, has filed RICO counterclaims against Neil T. Wallace seeking damages in excess of $ 47,000,000. For over twenty years, GeckoSystems has dedicated itself to development of "AI Mobile Robot Solutions for Safety, Security and Service … Social Media Analytics News