ai revolutionise
Will AI revolutionise the banking and legal sector?
Of all the digital technologies that are driving change in businesses, Artificial Intelligence (AI) is perhaps the most disruptive of all and has taken over the globe by storm. Currently, AI based technology solutions are being deployed in manufacturing, automotive, e-commerce, construction, smart cities and warehousing. However, within the legal and financial sectors, the implementation of AI is not as rapid. With a fast-changing environment, adaptation of new emerging technologies and increasing volumes of information, we will have to accept that AI will be taking over significant aspects of jobs in the future. According to a recent study by the International Data Corporation, worldwide data is expected to grow 61 per cent to 175 zettabytes in five years.--Financial
Will AI revolutionise the future of healthcare?
Few industries are as data-intensive as medicine. Medical data comes in many forms: images, audio, video, unstructured text and structured information. All this data suffers from the traditional problems experienced by other industries: missing information, corrupt values, suspicious outliers, lack of labelling, typographic errors and more. As medical databases multiply, cleaning and labelling information is becoming ever more critical. While we are some way from solving this challenge, we are seeing important progress with the likes of Holoclean and Snorkel.
Can AI revolutionise the banking sector?
Artificial Intelligence (AI) is an over-used phrase reflecting a genuine convergence of a number of technologies and methodologies. The banking and Financial industry as a whole has invested heavily in technology for a long time, and as the industry shifts from being led by large financial institutions, to one that is increasingly driven by disruptive FinTech companies, innovative technology is high on the agenda across the board. In banking specifically, the majority of use cases are in mid-level, rather than customer facing or operational roles. However, this will change over time as AI becomes more "customer facing", and ultimately more consumer orientated as a whole. Autonomous agents, algorithms which essentially act on behalf of a human, are the most well publicised example of Artificial intelligence in use in banks today.