Some startups working on those solutions include: Feedzai an AI-powered fraud detection service DataRobot a risk mitigation tool Two Sigma is a quantitative hedge fund that employs AI Zest AI uses AI to make better lending decisions On the customer service side AI allows banks to analyze customer data and provide more personalized advice products and services to deliver a customized experience even as fewer people step inside physical banks. be moving into a world where those who work in industries like finance are actually more comfortable when their tools rely on AI. Of surveyed business leaders reported that it’s important that they use software at work with AI/automation capabilities.
Though for a highly regulated industry such as finance AI will likely never take full responsibility Email Marketing List for sensitive customer information or transactions and of business professionals agree that people should avoid being overly reliant on AI and automation. And Many More... These are just some of the many industries that will be revolutionized with the use of AI — it will soon be easier to count industries not touched by this technological revolution. Some noteworthy additions: law art and design human resources education and manufacturing to name a few. There’s also an increasingly large pool of unique applications.
While no new technology is perfect — new problems to solve — many agree that this is the most noteworthy tech advancement since the internet itself. Buckle up — it’s going to be an amazing automated ride. Subscribe to The Hustle NewsletterOnes To Watch: Five Business YouTube Creators You Should Know Watch Learn & Grow with the HubSpot Youtube Network Sara Friedman Sara Friedman Published: May Need to assemble the Ikea furniture you just bought? YouTube. Want a new recipe for dinner tonight? YouTube.