When Mr. Dudley took the helm in 2009, the financial crisis had left the New York Fed's reputation as a regulator damaged. The institution had not done enough to address the severe weaknesses at the banks it oversaw, like Citigroup. Early on, Mr. Dudley commissioned a review of the New York Fed's bank supervision department and then overhauled it. But in 2012, JPMorgan Chase, also overseen by the New York Fed, suffered huge trading losses in what was known as the London Whale scandal. The New York Fed was faulted.
Global IT spending growth began to turnaround in 2017 with annual increases expected through 2021. However, uncertainty looms as organizations consider potential impacts of Brexit, currency fluctuations, and a possible global recession. Despite uncertainty, businesses will continue to invest in IT as they anticipate revenue growth, but their spending patterns will shift. Projects in digital business, blockchain, IoT, and progress from algorithms to machine learning through artificial intelligence (AI) will continue unabated. In this webinar, Gartner will walk through four different headlines that will emerge in 2018 as massive changes to the status quo.
TORONTO, Jan. 02, 2018 (GLOBE NEWSWIRE) -- Datametrex AI Limited (the "Company" or "Datametrex") (TSXV:DM) (FSE:D4G) is pleased to announce its appointment of internationally recognized FinTech, InsurTech, and Artificial Intelligence (AI) influencer and venture capitalist Spiros Margaris to its advisory board. He regularly appears in the top three positions of established global industry influencer rankings.
AGI (Artificial General Intelligence) tokens will act as fuel of SingularityNET ecosystem. AGI tokens will let anyone buy and sell AI/machine learning services from around the world via SingularityNET marketplace. SingularityNET wants to open the AI market to the entire world by enabling individuals, developers, small companies and organizations to buy and sell AI services and machine learning tools easily. SingularityNET Foundation operates on a belief that the benefits of AI should not be dominated by any small set of powerful institutions, but shared by all. Demand for AI and Blockchain As everyone focuses on the wild run in Bitcoin the real story unfolding is the high demand for anything related to artificial intelligenece (A.I.) and blockchain.
After announcing during its 2017 financial results last week that it would be reducing its workforce by around 4,000 people, the National Australia Bank (NAB) is getting serious about its digital transformation, revealing to ZDNet it will be immediately hiring 600 technology specialists spanning software engineering, data, architecture, and cybersecurity. The recruitment drive is part of NAB's plan to reshape its workforce and create up to 2,000 new jobs by 2020, as it attempts to reach its plan of upping its Customer Journeys teams from seven to 20 by this time. "We know this is an ambitious target and acknowledge the war for talent is intense, but these are the essential skills and roles we need in order to deliver our plan," chief technology and operations officer Patrick Wright said. "We're looking at the skills needed inside and outside our business to make sure that we can run our systems and service our customers as best as possible." To kick start the recruitment drive, NAB has announced the appointment of Yuri Misnik as the bank's first executive general manager of Business Enabling Technology, and Kyle McNamara in the newly created position as the executive general manager leading the organisation's program management office.