Goto

Collaborating Authors

artificial intelligence could


New artificial intelligence could save both elephant and human lives

#artificialintelligence

When the elephant arrived in the night, on the hunt for sugarcane, Uthorn Kanthong was waiting for him. Like many of his neighbors, the 69-year-old Thai farmer had taken to staying in his fields into the late hours, to try and scare off elephants that came to snack on his crop. He usually returned home by midnight. But that night in 2018, he didn't come back. Worried, his daughter sent out family and friends to look for him.


Artificial Intelligence Could be a Silver Bullet for Tax Systems

#artificialintelligence

Court documents released in August revealed that Swiss tax officials are investigating art dealer and freeport magnate Yves Bouvier for allegedly concealing CHF 330 million in profits. The Swiss authorities believe that Bouvier used a fictitious residence in Singapore to evade taxes in his home country, and confiscated one of Bouvier's properties, reportedly worth CHF 4.5 million, as a pledge while they continue investigating his finances. The investigation, however, was nearly derailed in its early stages due to a single vulnerable tax official. An escort girl known only as Sarah has testified that in September 2017, Yves Bouvier sent her to a conference to seduce a key official with Switzerland's Federal Tax Administration. Sarah's honeypot adventure took place mere months after Swiss tax officials had begun looking into Bouvier's finances.


How artificial intelligence is improving the efficiency of BIM

#artificialintelligence

Whilst it has taken construction a while to embrace new technology, BIM has proven that when applied correctly, technology can be hugely beneficial to improving productivity in manual industries such as this one. The effect Building Information Modelling has had on construction processes goes much further than 3D modelling and building design. BIM systems now contribute to every stage of everything in the construction process, from design, production and project management to handover once a project is complete. The question is, how do we continue to improve the construction industry in the way that BIM has? There has never been more pressure on the construction industry to deliver results with a rapidly rising demand across society for more housing and infrastructure.


Artificial intelligence could improve the lives of patients thanks to new partnership University of Essex

#artificialintelligence

The company employs a team of pharmacists, clinicians, technical and administrative support staff to provide GP surgeries with respiratory, cardiovascular and diabetes clinics, as well as care home and home-bound patient support. The Innovate UK funded partnership will allow Firza to grow its client-base more quickly and increase the size of its contracts so the company can expand into wider UK and global markets in healthcare. In 2020, the healthcare market in the UK will be worth over £127 billion (Institute for Fiscal Studies, 2017) of which administrative services provision to GP surgeries accounts for £160 million. By freeing up the time of NHS staff this partnership could potentially make the NHS more productive - helping it save money on staff costs.


Artificial Intelligence Could Be a Solution to America's Mental Health Crisis

#artificialintelligence

Five years from now, the U.S.' already overburdened mental health system may be short as many as 15,600 psychiatrists as the growth in demand for their services outpaces supply, according to a 2017 report from the National Council for Behavioral Health. But some proponents say that, by then, an unlikely tool--artificial intelligence--may be ready to help mental health practitioners mitigate the impact of the deficit. Medicine is already a fruitful area for artificial intelligence; it has shown promise in diagnosing disease, interpreting images and zeroing in on treatment plans. Though psychiatry is in many ways a uniquely human field, requiring emotional intelligence and perception that computers can't simulate, even here, experts say, AI could have an impact. The field, they argue, could benefit from artificial intelligence's ability to analyze data and pick up on patterns and warning signs so subtle humans might never notice them.


Artificial Intelligence Could Be a Solution to America's Mental Health Crisis

#artificialintelligence

Five years from now, the U.S.' already overburdened mental health system may be short as many as 15,600 psychiatrists as the growth in demand for their services outpaces supply, according to a 2017 report from the National Council for Behavioral Health. But some proponents say that, by then, an unlikely tool--artificial intelligence--may be ready to help mental health practitioners mitigate the impact of the deficit. Medicine is already a fruitful area for artificial intelligence; it has shown promise in diagnosing disease, interpreting images and zeroing in on treatment plans. Though psychiatry is in many ways a uniquely human field, requiring emotional intelligence and perception that computers can't simulate, even here, experts say, AI could have an impact. The field, they argue, could benefit from artificial intelligence's ability to analyze data and pick up on patterns and warning signs so subtle humans might never notice them.


Failure to Scale Artificial Intelligence Could Put 75% of Organizations Out of Business, Accenture Study Shows

#artificialintelligence

Failure to Scale Artificial Intelligence Could Put 75% of Organizations Out of Business, Accenture Study Shows Companies that shift from AI experimentation to execution achieve lasting ROI and competitive agility NEW YORK; Nov. 14, 2019 – Three-quarters of C-level executives believe if they don't move beyond experimentation to aggressively deploy artificial intelligence (AI) across their organizations they risk going out of business by 2025, according to a newly released study from Accenture (NYSE: ACN). The report, titled "AI: Built to Scale" and produced by Accenture Strategy and Accenture Applied Intelligence, is based on a global survey of 1,500 C-level executives across 16 industries designed to understand how companies are implementing AI across their organizations. The research found 84% of C-level executives believe they won't achieve their business strategy without scaling AI, yet only 16% have made the shift from mere experimentation to creating an organization powered by robust AI capabilities. As a result, this small group of top performers is achieving nearly three times the return from AI investments as their lower-performing counterparts. The report reveals the secret to success for these top performers centers around three key elements: a strong data foundation; multiple dedicated AI teams; and a C-suite-led commitment to strategic, organization-wide AI deployment.


Artificial Intelligence could be the Future of Banking

#artificialintelligence

When most people think of artificial intelligence, that scene with HAL-9000's glowing red eye from Stanley Kubrick's 1968 film "2001: A Space Odyssey" probably comes to mind. Even though that particular AI convinced millions of moviegoers that artificial intelligence was evil by refusing to open the pod bay doors, real AI is actually all around us, improving our quality of life and simplifying the way businesses function.


AI IN BANKING: Artificial intelligence could be a near $450 billion opportunity for banks - here are the strategies the winners are using

#artificialintelligence

Front- and middle-office AI applications offer the greatest cost savings opportunity across banks. Banks are leveraging AI on the front end to smooth customer identification and authentication, mimic live employees through chatbots and voice assistants, deepen customer relationships, and provide personalized insights and recommendations. AI is also being implemented by banks within middle-office functions to detect and prevent payments fraud and to improve processes for anti-money laundering (AML) and know-your-customer (KYC) regulatory checks. The winning strategies employed by banks that are undergoing an AI-enabled transformation reveal how to best capture the opportunity. These strategies highlight the need for a holistic AI strategy that extends across banks' business lines, usable data, partnerships with external partners, and qualified employees.


Artificial Intelligence Could Be a $14 Trillion Boon to the Global Economy--If It Can Overcome These Obstacles – Fortune

#artificialintelligence

Trade wars are hammering manufacturers, from Shanghai to Stuttgart to Seattle. But, awful as today's economic outlook appears, Industry 4.0 is alive and well, its most ardent backers say. Industry 4.0 is the catch-all term for the implementation by businesses of big data, improved robotics and artificial intelligence systems. And it's still expected to be a major driver in global growth over the next decade, and beyond. By 2035, this A.I.-powered push will provide a $14 trillion boost to the global economy, consulting giant Accenture predicts.