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How Conversational AI Increases Your Competitive Edge

Posted by World Summit AI on Nov 12, 2018 9:53:22 PM

By Artificial Solutions

In Getting Started in Conversational AI we take a look at some of the business benefits that conversational Artificial Intelligence delivers.

From speech enabled interfaces that improve customer experience, to intelligent chatbots that deliver 24/7 customer service, or humanlike digital assistants that drive online sales revenue, conversational AI is rapidly changing customer interaction.

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Topics: Artificial Intelligence

ING - Katana Lens sharpens investor decisions on bonds

Posted by World Summit AI on Oct 11, 2018 7:06:01 PM

ING is continuing to improve decision-making in bond trading. On 10 October, the bank launched Katana Lens, an artificial intelligence (AI) tool that helps investors to easily find and compare interesting trade ideas.

Co-created with Dutch pension fund PGGM, Katana Lens is a web-based application that uses predictive analytics to help bond investors make faster and sharper decisions within minutes.

“What used to take forever, now only takes five minutes and a cup of coffee,” said Santiago Braje, global head of Credit Trading, who announced Katana Lens today at the Artificial Intelligence Summit.

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Topics: Artificial Intelligence

Underpromise, overdeliver

Posted by World Summit AI on Oct 9, 2018 9:31:10 PM

We need more realism in communicating AI

In 1965 AI-pioneer Herbert Simon predicted that “machines will be capable, within 20 years, of doing any work a man can do.” It was one of the first overpromises of AI and robots, but by far not the last.

In 2011 the IBM supercomputer Watson stunned the world by winning the tv-quiz Jeopardy, beating the two best humans of all times with a large margin. Ken Jennings, one of the two defeated humans, famously said at the end of the quiz: “I, for one, welcome our new computer overlords.” In the years that followed IBM cleverly developed the vision of revolutionising health care by using a retrained Watson to assist human doctors in making improved medical diagnoses.

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Topics: Artificial Intelligence

A Closer Look at Artificial Intelligence in Education

Posted by World Summit AI on Oct 8, 2018 8:18:52 PM
 
Have you ever wondered what's happening with the education industry regarding artificial intelligence? 
Well, EDIA, a fast-growing education technology company based in Amsterdam, has recently published a 2018 edition, "State of Artificial Intelligence in Education" report. 
In the report, EDIA sheds light on the state of artificial intelligence (AI) in education. Artificial intelligence has already impacted different education sectors such as publishing, higher education, K-12 and education technology. The report shows how informed the education market is about AI, how much money is currently invested in AI and if education leaders think that there are benefits to implementing AI within their industry. Further, the report highlights the different set of challenges pertaining to why companies are not adopting AI right now or in the near future. The report also reveals different trends about AI that directly impact the education industry such as new global data privacy laws, blockchain and the decentralization changes in higher education. Lastly, the report will reveal what the next phase of AI will be in regards to education.

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Topics: Artificial Intelligence

ARTIFICIAL Intelligence - The New Wave of Digital Transformation

Posted by World Summit AI on Oct 6, 2018 6:15:18 PM

Infoholic Research is a global market research firm specializing in ICT, Chemical and Healthcare domains. Read below our Whitepaper - ARTIFICIAL Intelligence - The New Wave of Digital Transformation. 

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Topics: Artificial Intelligence

Why entire society should be involved in AI

Posted by World Summit AI on Oct 5, 2018 3:10:44 PM

Catelijne Muller, President of ALLAI Nederland

It has become my mantra over the past 1,5 years: We need a human-in-command approach to AI. And this does not refer to technical control alone: Humans can and should also be in command of if, when and how AI is used in our daily lives – what tasks we transfer to AI, how transparent it is, if it is to be an ethical player. After all, it is up to us to decide if we want certain jobs to be performed, care to be given or medical decisions to be made by AI, and if we want to accept AI that may jeopardise our safety, privacy or autonomy.

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Topics: Artificial Intelligence

XPRIZE + Innovative Tech

Posted by World Summit AI on Oct 2, 2018 9:53:04 PM

Devin Krotman, Director of the IBM Watson AI XPRIZE

It's been nearly 14 years since XPRIZE disrupted the space aviation landscape by awarding the $10 million Ansari XPRIZE. The winning technology from this competition kick-started today’s multi-billion-dollar commercial space industry. Not only was this a landmark moment for commercial space exploration, but this first XPRIZE established a proof point for how large crowd-sourced competitions can push technological boundaries. Flash forward to today and XPRIZE continues to pursue moonshots across a wide array of domains — everything from education and renewable energy to women’s safety and health.

 

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Topics: Artificial Intelligence

PRESS RELEASE: Organizations Are Gearing Up for More Ethical and Responsible Use of Artificial Intelligence, Finds Study

Posted by World Summit AI on Sep 19, 2018 2:00:03 PM
 
NEW YORK & SAN DIEGO; Sept. 18, 2018 – A new study shows that business leaders are taking steps to ensure responsible use of artificial intelligence (AI) within their organizations. Most AI adopters – which now account for 72 percent of organizations globally – conduct ethics training for their technologists (70 percent) and have ethics committees in place to review the use of AI (63 percent).
 
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Topics: Artificial Intelligence, Press Release

Can AI help reduce the global wealth inequality?

Posted by World Summit AI on Sep 6, 2018 5:32:54 PM

Countries, like companies, are fighting to be the best in AI. 

 Whether San Francisco, or Amsterdam, London or Montreal, governments know that if they can position their big cities as the global AI epicentre, their national economy will grow exponentially.

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Topics: Artificial Intelligence, AI ethics

AI-enabled consumer banking

Posted by World Summit AI on Sep 3, 2018 10:04:34 AM

As reported in CB Insights, JPMorgan Chase is rebuilding its consumer business model to create a "digital everything" strategy. With $2.6 trillion in total assets, it's the largest bank in the US.

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Topics: Artificial Intelligence, Banking