We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. By 2025, the World Economic Forum estimates that 97 million new jobs may emerge as artificial intelligence (AI) changes the nature of work and influences the new division of labor between humans, machines and algorithms. Specifically in banking, a recent McKinsey survey found that AI technologies could deliver up to $1 trillion of additional value each year. AI is continuing its steady rise and starting to have a sweeping impact on the financial services industry, but its potential is still far from fully realized. The transformative power of AI is already impacting a range of functions in financial services including risk management, personalization, fraud detection and ESG analytics.

We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. By 2025, the World Economic Forum estimates that 97 million new jobs may emerge as artificial intelligence (AI) changes the nature of work and influences the new division of labor between humans, machines and algorithms. Specifically in banking, a recent McKinsey survey found that AI technologies could deliver up to $1 trillion of additional value each year. AI is continuing its steady rise and starting to have a sweeping impact on the financial services industry, but its potential is still far from fully realized. The transformative power of AI is already impacting a range of functions in financial services including risk management, personalization, fraud detection and ESG analytics.

Because of this healthcare worker shortage, some US hospitals with patient populations dominated by the older, the sicker, and the inactive are even closing their doors. According to analyses conducted by Mercer and the Association of American Medical Colleges, by 2025 – the year the World Economic Forum predicts machines will do half of human workers' tasks, no less – healthcare will face a shortfall of more than 731,000 total jobs – including roles like doctors, surgeons, nursing assistants, nurse practitioners, lab technicians, and home health aides. Talk of robots replacing human doctors misses the point. When it comes down to it, even the most advanced AI tool is extremely limited, knowing a great deal about a very narrow area of knowledge – kind of like if someone could recite every work of Shakespeare from memory but didn't know Shakespeare's first name. Humans, in contrast, know a little bit about many different things – like if a doctor knew how to chop garlic, how to perform heart surgery, and how to write in iambic pentameter.