Is artificial intelligence killing Japan's banks?
As part of an ongoing series about artificial intelligence, the Asahi Shimbun on Jan. 11 published a story that asserts the financial industry has adopted AI more readily than any other. Because finance is a data-driven endeavor, designing AI software to do things such as read and analyze reams of economic information and project future investment performance is progressing rapidly. Moreover, voice recognition is becoming so advanced that standing clients and potential customers will no longer have to talk to humans about their financial needs. Even if a person is going to make the final decision about a transaction, most of the work has already been done. This development, however, may also hasten the end of banks.
Jan-27-2018, 18:45:16 GMT