The Future of Artificial Intelligence: A Global Perspective

The world is being transformed through rapid breakthroughs in data and AI. Every day, we hear about more innovations — from small startups to global economies. Nearly every job currently occupied by human labour–from farmers, offshore customer service representatives and even taxi drivers–could be given to a robot within

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How AI Will Change Corporate Governance

Growing investments in Artificial Intelligence (AI) technology have transformed many areas in the business world, especially among high-tech and financial organisations. External spending on AI-related projects went up to $12 billion in 2016. Companies looking into AI may focus on the potential for automating low-skill tasks, but

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How Artificial Intelligence Will Change the Travel Industry

Since I have a passion for travelling as well as the hospitality industry (having a bachelor in hospitality management), and I believe in the power of Artificial Intelligence (AI), for this week’s article I decided to look into what happens when you combine the two. As it seems, Artificial

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How Conversational AI Will Change Customer Service

By 2020, approximately 20.4 billion devices are estimated to be connected to the internet. These IoT devices are getting smarter, connecting to intelligent applications, such as Amazon’s Alexa or Apple’s Siri, and helping consumers make transactions and complete tasks. However, they are also sparking conversational AI, and

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How Artificial Intelligence Will Change Retail Banking

With technological advancement, artificial intelligence is set to touch and modify the financial sector, specifically retail banking in many different ways. It’s still the beginning stages of AI adoption for most banks. A Narrative Science survey highlighted that 32 percent of financial executive participants utilize AI technology, such as

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Algorithms are Black Boxes, That is Why We Need Explainable AI

Artificial Intelligence offers a lot of advantages for organisations by creating better and more efficient organisations, improving customer services with conversational AI and reducing a wide variety of risks in different industries. Although we are only at the beginning of the AI revolution that is upon us, we can already

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Why Humanizing Algorithms Is a Good Idea

Algorithms are taking over the world. Not yet completely and not yet definitely, but they are well on their way to automate a lot of tasks and jobs. This algorithmization offers many benefits for organizations and consumers; boring tasks can be outsourced to an algorithm that is exceptionally well at

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12 Algorithms Every Data Scientist Should Know

Algorithms have become part of our daily lives and they can be found in almost any aspect of the business. Gartner calls this the algorithmic business and it is changing the way we (should) run and manage our organizations. There are all kinds of algorithms and for each aspect of

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Algorithms Are Changing Business: Here is How to Leverage Them

When Google’s algorithm AlphaGo beat South Korean Go Grandmaster Lee Se-dol by 4-1 last week, it was a significant event in the world of algorithms and artificial intelligence. This is because it represented a new form of artificial intelligence: intuitive artificial intelligence, something which is remarkably more

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