Institutional Investor (June 1)
Nearly a decade after the financial crisis, financial institutions still face challenges. However, the “savvy” ones are simplifying their structures and realizing efficiency gains. “For the past nine years, investments have poured into regulatory compliance and reporting initiatives. The rapid development of disruptive technologies such as robotics and artificial intelligence is helping firms automate many of those processes and redirect their energy toward growth activities. Big data, analytics and digital technology shed light on what they do best—and most profitably—and enhance the customer experience.”
Tags: AI, Analytics, Big Data, Challenges, Customers, Digital technology, Disruptive technologies, Efficiency, Energy, Financial Crisis, Growth, Investments, Profit, Regulatory compliance, Reporting, Robotics, Savvy
The Economist (May 9)
“Powerful computers will reshape humanity’s future.” Many experts warn artificial intelligence could also threaten humanity’s existence. We must and can “ensure the promise outweighs the perils.” This will require putting constraints “in place without compromising progress. From the nuclear bomb to traffic rules, mankind has used technical ingenuity and legal strictures to constrain other powerful innovations.”
Tags: AI, Constraints, Humanity, Innovation, Perils, Power, Progress, Promise, Rules
