Danger, danger Will Robinson: Modernizing risk mitigation systems with AI

How do you define artificial intelligence? Would you define it differently if it was your job to prevent fraud and financial crimes, where the risks are constantly shifting? In a recent meeting with banking executives responsible for fraud and financial crimes risk mitigation, Wayne Thompson, Manager of Data Science Technologies at SAS was discussing AI. Wayne asked each executive to write on a note card his/her definition of Artificial Intelligence (AI). All of these definitions are correct.