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If you are looking for an answer to the question What is Artificial Intelligence? and you only have a minute, then here's the definition the Association for the Advancement of Artificial Intelligence offers on its home page: "the scientific understanding of the mechanisms underlying thought and intelligent behavior and their embodiment in machines."

However, if you are fortunate enough to have more than a minute, then please get ready to embark upon an exciting journey exploring AI (but beware, it could last a lifetime) …

Amit Gupta on LinkedIn: #aiinfinance #chatbots #voiceassistants #customerexperience…

#artificialintelligenceMar-17-2023, 11:41:19 GMT

The rise of Artificial Intelligence (AI) is transforming the finance industry in various ways. Some of the basic ways are mentioned below: - Improving customer experience through chatbots and voice assistants - Enhancing fraud detection by analyzing financial data in real-time - Optimizing investment management and risk management through machine learning algorithms - Reducing costs by automating repetitive tasks - Automating regulatory compliance processes, ensuring compliance with KYC and Anti-Money Laundering checks As technology advances, AI's impact on the finance industry is expected to continue growing.

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#artificialintelligence

Industry:

Banking & Finance (1.00)
Law Enforcement & Public Safety > Fraud (0.73)

Technology:

Information Technology > Artificial Intelligence > Machine Learning (1.00)
Information Technology > Communications > Social Media (0.85)
Information Technology > Artificial Intelligence > Natural Language > Chatbot (0.80)
Information Technology > Architecture > Real Time Systems (0.73)

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