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Friday, February 12, 2016

Will #ArtificialIntelligence have an Uber Effect on Finance?

Yes, but "On the other hand, the front office is an area where Sutton believed that human interaction is necessary as finance is an industry that is very relationship centric as people leverage financial advisors and wealth managers to provide customised advice."

This from Bobsguide.com 

Will Artificial Intelligence have an Uber Effect on Finance?

Following the recent breakthrough of artificial intelligence (AI), many have been wondering how this form of technology can be implemented in the financial services. As newer products emerge, it questions how popular the traditional legacy financial institutions will remain or perhaps, fintech startups will gain an increased number of customers, in a similar way to how Uber affected the taxi industry. bobsguide spoke to Josh Sutton, global head of artificial intelligence practice at technology company Sapient about how AI is set to transform business and finance, alongside how banks are already implementing a technology that has been around for 30+ years, but its true potential hasn't been seen until now.
According to CNBC, nearly $700 million has been invested in artificial intelligence over the past two years


Will Artificial Intelligence have an Uber Effect on Finance? - bobsguide.com


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