There is no reason and no way that a human mind can keep up with an artificial intelligence machine by 2035." "Sooner or later, the US will face mounting job losses due to advances in automation, artificial intelligence, and robotics." Despite the fact that these statements and observations certainly raise alarms, there is a growing concern and apprehension that technology is on the verge of replacing human jobs in the near future, as a result of the emergence, evolution, and expansion of artificial intelligence. There is no doubt in our minds that technology has engulfed almost every field and sphere of life in almost all its incarnations in the modern world. While it appears to be under its control, we are not certain to what extent it is under its control.

The "Artificial Intelligence (AI): Global Market Analysis, Trends, and Forecasts" report has been added to …

A recent article about AI-based drug development, indicates the progressive use of A.I. technologies for the drug production industry, mining the huge amount of data collected from the pharmaceutical companies' data centers. Thanks to Deep Knowledge Ventures which a couple of days ago updated their research data, we took the opportunity to delve into the latest developments of this market. In the combined capitalization graph the BioPharma Industry seems to run a period of sluggish growth, while the IT & Tech industries are more active. This is important because it means that drug development nowadays derives from quite different sources than in the past. It certainly does not mean that Pharma Corporations stay out of the game as we can see in the graph of leading companies with hard investing sectors in AI for health care and new drugs development.

Transformation may be the most frequently used word or concept in the entire insurance business today. It is commonly viewed as a program of significant changes to a business that is enabled by new technologies like analytics, robotics and the cloud. Typically, these tools replace or extend legacy systems with the goal of making operations more digitally enabled, agile and cost effective. The powerful technologies get all the hype, but their role is often overestimated. In fact, human and organizational factors are usually the most important in successful transformations, because without the right talent, culture and mindset, as well as the right operating model, transformation simply won't happen.