Are you ready for the automation revolution? Artificial Intelligence (AI) is transforming our work and creating a new wave of workplace innovation. From AI advancements to robotics technologies, the future of work is shaped by automation and its impact on businesses and employees. Get ready to explore how AI will revolutionize the way we work! The rise of Artificial Intelligence (AI) over the past decade has been nothing short of remarkable.

The logistics industry represents 12% of global GDP and is growing at a compounded annual growth rate (CAGR) of 5% per year. Based on these estimates, global logistics spending will surge to more than $15 trillion by 2023. These estimates in conjunction with surging supply chain costs, created by the dynamics of the global pandemic, have increased the need for innovative technology to increase efficiency and lower supply chain costs. But what is a supply chain? In its simplest form, a supply chain is a sequence of processes involved in the production and distribution of goods.

As artificial intelligence re-writes business models, how will its application and adoption revolutionize business and commerce further? Business models have changed over the years, from the manufacturing and marketing era to the relationship and knowledge era. The emergence of artificial intelligence ( AI) has radically changed the very significance of thoughts, creativity, and innovations over the years. Market models are further changing as a result. As we see companies across industries witnessing a profound and drastic change in the relative balance of intelligence control, AI applications, and adoption bring as many new opportunities as challenges to each business entity.

Artificial Intelligence is transforming the world in multiple ways. The technology is used not only in the corporates. But it is being used in a wide range of other fields as well, like healthcare and agriculture as well. Artificial Intelligence business solutions could be utilized to enhance the experience, be it the customer experience that the company offers to the customers or the hospitality experience offered by the hotels etc. AI has a pivotal role to play in the enrichment of the experience in the museums. In this article, we will talk about that in detail. When it comes to digitalization, Artificial Intelligence has a major role to play.

Companies are working hard to figure out how to extract value from artificial intelligence (more on that below). Some promising early efforts can be found in sales, an activity that generates lots of usable data that lends itself to analysis. The sales team at Snowflake Computing Inc. employs an automated, AI-powered chatbot designed to engage with potential buyers by email or text. Each assistant, developed by Conversica, speaks six languages and works around the clock engaging with prospects and turning over the most advanced leads to humans, CIO Journal's Angus Loten reports. Collective (i) use AI to help sales managers assess the odds a deal will produce results.

Every year Bankdatas Business Strategy Committee and Executive Group seeks inspiration on what is hot topics in digitalization and emergent technology to support the growth in the Financial Industry. This year the committee visited "Singularity University" conference "Exponential Finance" in New York. One of the many topics at the conference was Artificial Intelligence. We all have the conceptual understanding of AI from movies like "I Robot" and other popular visions of artificial intelligence trying to imitate the human brain and behavior. The fact is that artificial intelligence is already an integrated part of our daily life – not in the form of a physical robot – but as the driving computer in Tesla cars, the picture recognition program on your IPhone or the language processing chat function when you contact a helpdesk.

I'll be the first to admit that the outlook was a little bleak. When you consider the fact that these machines may be allowed to make decisions that affect mankind, without having or after evolving past the innate ethics that (most) people operate by, the future can look scary. It's time to scope out the positives now, because when it comes to AI in the workplace, there are HUGE benefits in store. Tech giants are racing to get their slice of the AI pie, and are adding more fuel to the fire - Google bought DeepMind in 2014. Facebook's planning to use neural networks to'narrate' photos to blind users, and using deep learning to find out what their users actually want.

With the advent of artificial intelligence driving change across many industries, how are Financial Services firms harnessing this technology? And do their customers benefit? Once upon a time, businesses were firmly in command of the customer journey, often dictating the time, place, level of interaction and the duration of the transaction completion. However, in the last few years we've seen the customer rapidly take control; this has manifested itself through initiatives such as the Current Account Switching Service (CASS), the CMA's review into banking competition, technology developments such as Nationwide's "Nationwide Now" proposition that allows customers to speak to an advisor [in branch] when they want and Metro Bank's determination to open their stores beyond the 9-to-5 standard. Potentially, this behavioural change will have a transformative effect on how businesses engage their customers and prospects – after all, it is becoming much easier to switch providers. Businesses born in the post-digital world are paving the way in rethinking the whole approach to the customer journey and user experience.

All of a sudden, artificial intelligence (AI) is everywhere--in consumer products, in our entertainment, in our consciousness. Every day we hear stories from Google, Uber, Baidu, Microsoft, Amazon and others about unprecedented achievements in language translation, gaming, image recognition, music composition, beer-delivering driverless trucks and a host of achievements, all powered by artificial intelligence. But what is artificial intelligence, really? And, to be fair, do we even understand what intelligence is? At least we don't always agree on it.

Artificial intelligence for education is a fast growing market the coming years a new report from Technavio shows. Two areas where AI will have a considerable impact is with its adaptive sequencing capabilities as well as its ability to transform pedagogical models. The first means artificial intelligence that is embedded in content that help students learn in a self-directed manner, which improves the learning-process. Both students and teachers will have access to all the data captured, where the artificial intelligence-backed learner solutions personalizing learning pathways. The secondly, transforming and improving traditional pedagogical models, that with AI basically develops online models.