Should You Fear AI in Finance? -
Science Magazine's report on Friday that an artificial intelligence system was caught stealing banking customers' money may have made you rethink vesting your funds in the burgeoning technology. But have no fear – the article was an April Fool's joke. While there are still valid and plenty of concerns about AI, the threat that the so called "Deep Learning Interface for Accounting (DELIA)" may embezzle your funds is not one of them. In fact, AI systems are a remarkably valuable resource in finance. Established banks and startups alike implement AI to detect fraud.
Feb-1-2018, 01:14:11 GMT
- Industry:
- Law Enforcement & Public Safety > Fraud (0.36)
- Banking & Finance > Trading (0.32)
- Technology:
- Information Technology > Artificial Intelligence
- Applied AI (0.86)
- Issues > Social & Ethical Issues (0.71)
- Machine Learning (0.52)
- Information Technology > Artificial Intelligence