A recent survey of 1,200 executives across the financial services industry by Accenture finds 74% of executives see artificial intelligence reshaping their industry. The report’s authors, lead by Ellyn Shook, estimate that between 2018 and 2022, banks that invest in AI and human-machine collaboration at the same rate as top-performing businesses could boost their revenue by an average of 34 percent and their employment levels by 14 percent. But it takes investment in people – AI is taking over many tasks, but skilled people are needed to either create or train these systems, or to augment them. Tellingly, there […]
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