Insights - The London Institute of Banking & Finance

Srikanth Velamakanni – the Co-Founder and Group Chief Executive of artificial intelligence (AI) company, Fractal Analytics – tells Ouida Taaffe about the limitations of AI, the importance of data, and how financial services can make the most of both. Artificial intelligence (AI) is a bit like teenage sex – everybody is talking about it, but not many firms are really doing it. And one of the reasons for this is that AI itself is often not well defined. People can start out with a data objective and expect AI to fill the gap. AI, however, can only answer very specific questions.