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How Can Community Banks Benefit from Artificial Intelligence?

#artificialintelligence

Banking and financial services leaders see great opportunity to improve the bottom line thanks to artificial intelligence, particularly in the areas of process automation and fraud detection, according to a recent article for Forbes by AI developer Dmitry Matskevich. A July report from Capgemini's Digital Transformation Institute predicts the financial sector could add $512 billion to their global revenues by 2020, and increase costs savings by 10 to 25 percent, thanks to intelligent automation. "In 2017, financial firms quietly introduced a range of practical machines that think. Some banks added AI surveillance tools to thwart financial crime, while others deployed machine learning for tax planning," PwC reports. "Wealth managers can now offer automated investing advice across multiple channels, and many insurers now use automated underwriting tools in their daily decision-making."


Robots ski in Pyeongchang on Winter Olympics sidelines

Daily Mail - Science & tech

While Alpine skiers fought high winds at the Pyeongchang Games today, there were no such problems for robots competing in their own'Olympics' ski challenge. Robots of all shapes and sizes skied, and in some cases tumbled, down a course at the Welli Hilli ski resort, an hour's drive west of Pyeongchang. Eight robotics teams from universities, institutes and a private company competed for a $10,000 (£7,240) prize in the Ski Robot Challenge. 'I heard the Alpine skiing has been postponed again due to wind conditions. That's a pity,' said Lee Sok-min, a member of the winning TAEKWAN-V team.


Robots diagnose concussions

FOX News

Tackle football comes with risks like broken arms and strained muscles, but head-on collisions put football players in even more serious danger. Since concussions can be difficult to diagnose, players are sometimes allowed to carry on even though they should be off the field. And untreated head injuries have lasting consequences. To that end, some schools keep doctors on the sidelines to diagnose head injuries. But many schools don't have full-time athletic trainers and the nearest doctor is sometimes far from the football-loving schools in rural America.


How a Mere Prick of the Finger Can Diagnose a Concussion

WIRED

On September 4, 2015, 17-year old Kenney Bui's coach removed him from his Seattle high-school team's football game with a mild concussion. Thirteen days later, a doctor cleared him to play. At a game a few weeks after that, on October 2, Bui took another hit, walked off the field showing signs of confusion, and while athletic trainers asked him questions from the school district's standardized concussion screening protocol, he closed his eyes. He never opened them again. Bui was one of six high schoolers to die on the football field in 2015 from a traumatic brain injury, but every year millions of people suffer milder concussions while playing sports.


Five Ways AI Is Changing Marketing (And Why You Can't Ignore It): Strategy Head - B&T

#artificialintelligence

Elon Musk, owner of SpaceX, Tesla, and the only guy more Ironman than Rob Downey Jr, worries about smart computers taking over the world. Maybe he's right, but AI (or Artificial Intelligence for those of you acronym fatigued), is already a lot closer to home, says head of strategy at Digital Alchemy, Grant Stewart, in this guest post. I see it every day in my digital marketing life, exposed to machine learning that both scares and comforts me. Here are five ways I see AI racking up big wins in the digital marketing space and why you should be worried if you're on the sidelines: Know what computers do really well? In a world of real time, always on marketing, the ability to constantly learn what content, campaigns, offers, channels, you name it, a customer is engaging with, and conversely not engaging with (read: the Fail Fast bit), means that AI gets smarter and smarter about decisions like what NOT to talk to individual customers about and how NOT to deliver the message.


5 ways AI is changing marketing – and why you should be worried if you're on the sidelines

#artificialintelligence

Elon Musk, owner of SpaceX, Tesla, and the only guy more Ironman than Rob Downey Jr, worries about smart computers taking over the world. Maybe he's right, but AI (or Artificial Intelligence for those of you acronym fatigued), is already a lot closer to home. I see it every day in my digital marketing life, exposed to machine learning that both scares and comforts me. Here are 5 ways I see AI racking up big wins in the digital marketing space and why you should be worried if you're on the sidelines: Win 1: AI decisioning Know what computers do really well? In a world of real time, always on marketing, the ability to constantly learn what content, campaigns, offers, channels, you name it, a customer is engaging with, and conversely not engaging with (read: the Fail Fast bit), means that AI gets smarter and smarter about decisions like what NOT to talk to individual customers about and how NOT to deliver the message.