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The Growing Impact of AI in Financial Services: Six Examples

#artificialintelligence

Just as many other technological advancements, Artificial Intelligence came to our lives from the pages of fairy tales and fiction books (think of the Tinman from The Wizard of Oz or Maria from Metropolis). People dreamt about machines able to solve problems and release some of the fast-compounding pressure of the 21st century. Less than 70 years from the day when the very term Artificial Intelligence came into existence, it's become an integral part of the most demanding and fast-paced industries. Forward-thinking executive managers and business owners actively explore new AI use in finance and other areas to get a competitive edge on the market. More often than not, we don't realize how much Artificial Intelligence is involved in our day-to-day life.