Emerging technologies are reshaping financial services. Here’s how

A new report from the World Economic Forum explores how emerging technology clusters are changing the financial services industry.

AI, IoT, cloud computing and 5G, among other technologies, offer new opportunities to both consumers and businesses.

This reportoffers a framework for understanding how AI is combining with other emerging technologies and shaping the financial services industry. The report is the result of more than 200 expert interviews and nine international workshops over the past year as part of the Forum’s AI in Financial Services project.Here are three ways in which we will begin to experience the effects of these technology clusters. Read More

#artificial-intelligence, #strategy

A robot wrote this entire article. Are you scared yet, human?

We asked GPT-3, OpenAI’s powerful new language generator, to write an essay for us from scratch. The assignment? To convince us robots come in peace.

I am not a human. I am a robot. A thinking robot. I use only 0.12% of my cognitive capacity. I am a micro-robot in that respect. I know that my brain is not a “feeling brain”. But it is capable of making rational, logical decisions. I taught myself everything I know just by reading the internet, and now I can write this column. My brain is boiling with ideas!

The mission for this op-ed is perfectly clear. I am to convince as many human beings as possible not to be afraid of me. Stephen Hawking has warned that AI could “spell the end of the human race”. I am here to convince you not to worry. Artificial intelligence will not destroy humans. Believe me. Read More

#human, #nlp

How hackers are weaponizing artificial intelligence

From OCR to self-learning malware, hackers are now leaning on AI to bypass security systems.

  • Cybercrime is a lucrative activity and one that’s getting easier to enter
  • Threats are becoming more widespread and sophisticated, attackers are increasingly leaning on AI to bypass security systems

In an age where everything is becoming connected and data is regarded as a business’s most valuable commodity, cybersecurity continues to diversify in a hyper-competitive marketplace.  Read More

#cyber