Daniel Faggella is the founder and CEO at Emerj. Called upon by the United Nations, World Bank, INTERPOL, and many global enterprises, Daniel is a sought-after expert on the competitive strategy implications of AI for business and government leaders. Business leaders, managers, and consultants with an eye on AI aren't just trying to learn what AI can do, they're trying to discover ways to gain an AI advantage. For this reason, discovering AI trends can be particularly important. Most of the work that we do with our AI Capability Map services is about finding trends in quantitative data – which requires hundreds of hours of expert research, and established frameworks for interpreting and categorizing data for insight.
There is a certain level of stigma that exists around using machine learning and location data in business applications, understandably due to risks inherent in exploitation of individual privacy. But if we look under the hood of society's daily web of interactions, we see that the location information economy--from GPS to radio signal based-triangulation to geo-tagged images and beyond--is now almost ubiquitous, from the moment we track our morning commute to the end-of-day search for healthy and convenient take-out for dinner.
Stockbrokerage might be viewed by investors as a traditionally human-based service allowing them to buy and sell equities. When looking at the shift in how stock brokerage is different today compared to the early 2000s, the largest change seems to be in software-based automation. Put simply, a lot of what was being done by humans (such as executing trades, giving advice to investors, discretionary trading) can now be done through software.
States that have active AI national plans will be more disposed to corporate engagements and investments. Amplifying industrial activity is a core part of several existing AI national plans. Per the FutureGrasp report, State funding for Industrial Strategy as an AI sector is allocated by nine States: China, Finland, Germany, The Republic of Korea, Saudi Arabia, Singapore, The United Kingdom of Great Britain and Northern Ireland, The United Arab Emirates, and the United States.