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 impact and challenge


The Impact and Challenges of Artificial Intelligence for Next-Gen Enterprises

#artificialintelligence

Artificial Intelligence (AI) is not a new phenomenon. It continues to develop and its applications are already very present in our personal daily life (gaming, robotics, connected objects …), arousing as much enthusiasm as fear. This complex concept gained its success in the science fiction world. Although AI is still calling for a more or less fantasized imagination, it is an integral part of reality, and it can be found in many services, systems and applications. What can be the role of artificial intelligence in the enterprise of the future?


The Impacts and Challenges of Artificial Intelligence in Financial Services

#artificialintelligence

Contrary to what people might think, artificial intelligence (AI) is hardly a new topic. It has been around since 1956 when the seminal summer workshop was organized at Dartmouth College, New Hampshire, US. For years, artificial intelligence remained a subject of scholarly study or an inspiration for science-fiction writers. However, there has been a significant acceleration in recent years. AI has started to be implemented for real-world applications, including in business contexts.


The Impacts and Challenges of Artificial Intelligence in Finance

#artificialintelligence

Until recently, large financial institutions could fend off competition thanks to the scale of their operations and their information advantage. They could run expensive datacenters and hire large research teams. It was impossible for startups to compete. Nowadays, data scientists fresh from MIT (Massachusetts Institute of Technology) or Harvard can literally launch a fund using advanced machine-learning algorithms by leveraging cloud-computing services. Information is still money, but information is now more and more distributed, accessible and exploitable by small actors.