The fourth industrial revolution is upon us. While this era can be defined by the fusion of the physical, the digital and the biological enabled by data, data is just the beginning and profound shifts, facilitated by technologies such as artificial intelligence and machine learning (AI/ML), robotics and the Internet of Things, are already underway.
The Institute for the Future says that, over the next decade, emerging technologies will underpin the formation of new human-machine partnerships, which will help humans transcend their limitations, enhance daily activities and reset expectations for learning and work. The actualisation of smarter humans, smarter machines.
This report discusses how AI/ML will be the single greatest enabler of competitive advantage in the financial-services sector following an explosion in the use of machine learning, led by applications for image processing, natural-language processing (NLP) and machine translation.
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