AI brings the potential for disruption and transformation due to its ability to make decisions and take action much quicker than its human counterparts. It has been seen as a means of increasing productivity within a company and improving revenues through better customer engagements. But the use of AI is not without pitfalls, risks and detractors. Will AI used for good or just corporate greed? How should the use of AI be regulated?

AI brings the potential for disruption and transformation due to its ability to make decisions and take action much quicker than its human counterparts. It has been seen as a means of increasing productivity within a company and improving revenues through better customer engagements. But the use of AI is not without pitfalls, risks and detractors. Will AI used for good or just corporate greed? How should the use of AI be regulated?

Artificial Intelligence gets a bad rap in pop culture. Movies like Terminator (with its rebellious Skynet) and 2001 (with its murderous HAL 9000) portray a future where the robots get smart, and conclude that it is in their interests to destroy mankind. But the truth about AI is a lot more mundane. Most of us use AI every day when we talk and interact with Siri or Google on our phones, and AI is why Netflix knows what movies you'll like and what other products you'll want to buy on Amazon. AI is poised to become a big deal in banking.