Artificial Intelligence: Is it actually intelligent? Inside Financial & Risk

A few weeks ago, Jochen Leidner, Director of Research at Thomson Reuters, discussed and dissected artificial intelligence (AI). Leidner offered some case studies, conducted by his team, to demonstrate successful ways of building AI products. However, before getting into specifics, Leidner gave a very brief explanation of what AI is and what it does. "It automates things that we deemed, maybe, not automatable a couple of years ago – if it works, or to an extent." Dr. Leidner, who is also the Royal Academy of Engineering Visiting Professor of Data Analytics at the University of Sheffield, made the point very early on that AI is a tool to be utilized with other forms of intelligence.