BBVA helps World Economic Forum design new global AI toolkit for business

The toolkit, which is free to access, is aimed at business leaders to help companies make informed decisions about AI solutions that protect the customer and shareholders alike. Artificial intelligence and big data, are proven contributors of innovation to the financial system. The digital explosion and technological advances have caused a revolution in society and in the corporate organization. As explained by Jorge Sicilia, Chief Economist of BBVA Group and director of BBVA Research, the financial sector is no stranger to these changes and the next wave of innovation is going to be based on artificial intelligence. With the global spend on AI expected to hit $52 billion in the next three years, according to the WEF report, and to double the annual growth rates of major economies in the next 15 years, the kit is also aimed at ensuring business can benefit from machine learning in the best way.