Artificial Intelligence: Removing The Human From Fintech

Artificial intelligence: Removing the human from fintech

  • News announced this week also suggests that artificial intelligence will become a central part of anything a technology organisation will do in the future.
  • Chief technology officer Paul Daugherty highlighted that “AI is poised to transform business in ways we’ve not seen since the impact of computer technology in the late 20th century.”
  • The UK government’s AI research will be led by Benevolent Tech’s CEO Jérôme Pesenti who explored how despite the “negative hype” around artificial intelligence, it has the ability to create jobs and transform industries.
  • This seems a little too optimistic to me as perhaps, AI will create new jobs, but it will remove people from careers that they know how to do and it will take time, years or decades in fact, for those people to learn new skills and then take on the jobs that artificial intelligence has ‘created’.
  • On the other hand, the millennial generation seem to welcome and encourage new technology – cellphone apps are a perfect example of how quickly new systems can enter the marketplace, so it could be said that this is the area in which AI could potentially blossom.

As I’m sure many in the technology industry have thought today, there should have been a way to avoid the Oscars Envelopegate. But, is artificial intelligence the answer to all of our human error problems?

@ForbesTech: Artificial intelligence: Removing the human from fintech

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Once you take fear out of the equation, the what ifs and maybes disappear and you go forth boldly from a place of love and courage.

Artificial Intelligence: Removing The Human From Fintech