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3 in 4 Banks in Asia Will Invest in Machine Learning This Year - Fintech Singapore

#artificialintelligence

The financial services industry is undergoing profound shifts facilitated by technologies including artificial intelligence (AI), robotics and the Internet of Things (IoT), but according to Refinitiv, AI will be the single greatest enabler of competitive advantage in the financial sector. Refinitiv's newly released inaugural 2019 Artificial Intelligence / Machine Learning Global Survey found that financial institutions have gone beyond experimenting with and testing machine learning, to applying machine learning models. According to the study, 90% of the C-level executives and data scientists surveyed have already deployed machine learning either in pockets or more fully across their businesses. Approximately three quarters said that machine learning is a core component of their business strategy, and that they are making significant investments in it. "The benefits extend beyond automating rules-based repeatable tasks once done by humans," said Tim Baker, the Global Head of Applied Innovation of Refinitiv.


The Tongue Tie Conundrum

Slate

The Kids is Slate's science-based parenting column, assessing the latest research around children's health, development, and well-being.


Alzheimer's patients isolated due to coronavirus finding support in virtual therapy

FOX News

A look at how the Alzheimer's Foundation of America is providing a community for individuals, families and caregivers affected by Alzheimer's disease and related dementias during the coronavirus pandemic. The Alzheimer's Foundation of America (AFA) was founded in 2002 with the goal of providing a community for individuals, families and caregivers affected by Alzheimer's disease and related dementias. As coronavirus isolates millions of Americans across the country, the AFA is working harder than ever to ensure that some of our nation's most vulnerable still have a support system. In an exclusive interview with Fox News, Director of Educational and Social Services with the AFA Jennifer Reeder explained how the foundation is creating a connected community through virtual therapeutic programming. "Due to COVID-19, we've gone from in-person to virtual programming. AFA was founded specifically so families would not feel alone," Reader said.


Three from MIT elected to the National Academy of Sciences for 2020

#artificialintelligence

On April 27, the National Academy of Sciences elected 120 new members and 26 international associates, including three professors from MIT -- Abhijit Banerjee, Bonnie Berger, and Roger Summons -- recognizing their "distinguished and continuing achievements in original research." The National Academy of Sciences is a private, nonprofit institution for scientific advancement established in 1863 by congressional charter and signed into law by President Abraham Lincoln. Together, with the National Academy of Engineering and the National Academy of Medicine, the 157-year-old society provides science, engineering, and health policy advice to the federal government and other organizations. Abhijit Banerjee is the Ford Foundation International Professor of Economics, and in 2003 cofounded, with Esther Duflo and Sendhil Mullainathan, the Abdul Latif Jameel Poverty Action Lab (J-PAL). Banerjee's groundbreaking research focuses on development economics and the alleviation of global poverty, work for which he shared the 2019 Nobel Prize in Economic Sciences.


Who Benefits From Workplace Flexibility?

Slate

Better Life Lab is a partnership of Slate and New America. Setting your own hours and working from home are perks that many companies offer to attract and retain top talent. But this is a benefit that is really only useful for salaried professionals. For hourly workers, especially those in retail, there is such a thing as too much workplace flexibility, and it goes by a different name: instability. It's not uncommon for retail workers to be unsure of what their schedules look like just a few days or even a few hours out, which makes it difficult to plan child care and schedule doctors' appointments, much less rely on a stable paycheck.