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 beckon new innovation wave


Artificial intelligence could beckon new innovation wave: MasterCard exec

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Mastercard President of Operations and Technology Ed McLaughlin discusses the upcoming artificial intelligence conference at the White House and how his company is utilizing AI. "I don't think there's a company, an industry, a country which isn't interested in advancing artificial intelligence right now," he told Liz Claman during a FOX Business interview on Wednesday. MasterCard as well as Amazon, Facebook, Google and Intel are among the close to 40 companies expected to attend a White House meeting Thursday on artificial intelligence. Topics will include the impact of artificial intelligence on the job market. AI is set to have an impact on a variety of industries that include agriculture, automotive, healthcare and manufacturing. "This can be a true foundation for a whole new wave of innovation, a whole new wave of economic growth and development," McLaughlin said.