Five ways Artificial Intelligence is transforming finance

Slowly but surely, AI is quietly impacting the world through numerous and varied applications. AI technology is already powering many everyday activities, from driving us to work to automatically adjusting the thermostat, and often without our knowledge. According to Gartner, 40 percent of major businesses will implement AI solutions in 2020, and more than half will double existing implementations in 2020. This forecast was made before the Covid-19 pandemic hit, but even with this taken into account the rise of AI will be exponential. In some industries AI, machine learning (ML) and deep neural networking (DNN) have a greater number of applications.