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How Artificial Intelligence Is Changing The Odds In Online Casino - AI Summary

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It may seem obvious why the online market has such high growth rates, especially considering the events that occurred in the last couple of years and how they pushed people to use the internet for many services, including retail and banking. Similarly, daily and weekly bonuses and promotions have increased registration numbers on online casino sites. So, attributes such as electronic payment options, daily bonuses, and promotions all encourage new and existing players to keep coming back for more. The application of AI in gathering user data on new and returning players has assisted operators and developers in keeping fresh content that maintains relevance while creating targeted marketing campaigns. The bad news for those employees is that they would end up losing work to robots, which means an entire industry would take a hit. It may seem obvious why the online market has such high growth rates, especially considering the events that occurred in the last couple of years and how they pushed people to use the internet for many services, including retail and banking.


Retail and banking leading cognitive and AI systems growth

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Retail and banking are driving demand for cognitive and artificial intelligence according to new figures from IDC, which also show Asia Pacific is expected to be the second largest spender on the technologies by 2021. IDC says many industries are'aggressively' investing in cognitive and AI solutions, with the technologies proliferating across all industries, resulting in significant growth opportunities. The analyst firm's Worldwide Semiannual Cognitive Artifical Intelligence Systems Spending Guide shows worldwide spending is forecast to hit US$12.0 billion this year – up 59.1% on 2016 spend. Come 2021, IDC is forecasting spend to reach US$57.6 billion. Retail and banking will account for $1.74 billion and $1.72 billion of 2017's spend, with discrete manufacturing, healthcare and process manufacturing also expected to crack the $1 billion spend this year.