How AI and Risk Management Can Work Together

For decades, thanks to popular sci-fi movies and books, the collective imagination has been frequently struck with the idea of intelligent computers outsmarting and replacing humans. Fortunately, that imaginary scenario hasn't been brought into reality yet. But something else has happened: the emergence of artificial intelligence (AI), particularly cognitive computing. AI has been turning into a significant part of our daily lives. The digital personal assistants, smartphones, self-driving cars, music and movie applications, online shopping sites, and every application that can learn and adapt to human preferences are powered by AI technology.