Given the global importance of cybersecurity and the daily occurrences of cyberattacks, AI and machine learning play an increasingly important role in cybersecurity. In due course, we will see AI being employed as the main defensive strategy to combat cyberattacks. Cyberattacks represent the biggest threat to businesses, governments and institutions, with cybercrime costing the global ...
This article was published in American Banker by Christine Duhaime Disruption is from AI, not FinTech It is surprising how much ink is spilled on theories that banking is about to be wiped out by a tsunami called FinTech, resulting in the alleged mass closure of banks and unemployment of financial services professionals. Last time ...
The Office of the President of the US has released its long-anticpated report on AI called “Preparing for the Future of Artificial Intelligence.” Here is our summary of it, sprinkled with our thoughts. Medical AI One of the promises for AI is that it has benefits for society as a whole. The Report notes, for ...
Market value of $153 billion The artificial intelligence and robotics market was worth US$10.7 billion in 2014 and is expected to be worth US$153 billion by 2020 and to have a disruptive impact of between US$14 to US$33 trillion. The component for artificial intelligence alone (without robotics) is worth US$70 billion. Artificial intelligence is expected to ...