AI is projected to revolutionize agriculture. AgTech, one of the most under-developed areas of AI will, in about one to two years, become one of the most important areas of AI, on par with cybersecurity. Agricultural automation, for example, is critical to sustain food production in the face of massive global food security issues, starvation in ...
Financial inclusion still problematic with AI It’s long been assumed that technology will help the financially underserved access the banking services they need. In this interview with American Banker, our Founder, Christine Duhaime, of the Digital Financial Institute, says this assumption is wrong, and that some tech advances are already starting to have unanticipated adverse ...
The part of artificial intelligence that we find the most promising is applications designed to improve the lives of people who have disabilities. It’s not easy to find #TechForGood that presents a strong business case but disability AI (sometimes called “assistive AI”) is one of those areas. How will we service 1 Billion People with ...
Microsoft has released predictions for AI for the next decade written by 17 women in tech who work at Microsoft. The predictions call attention to the issue of inclusion in AI. For example, by 2020 there will be 1.4 million computing jobs in the US but just 400,000 qualified applicants to fill them. Since only 12% of ...
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 ...