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But the remarks to the conference on AI and financial stability show that Yellen recognizes the benefits of AI in the automation of customer support services, improved efficiency, fraud detection ...
Treasury Secretary Janet Yellen is expected to warn bankers and tech executives on Thursday that while artificial intelligence could open the door to vast rewards for the financial system, the ...
The problem with the AI bubble isn’t that it is bursting and bringing the market down—it’s that the hype will likely go on for a while and do much more damage in the process than experts are ...
The technology is also being used to automate whatever has been a heavy burden on operating expenses, business processes, and workflows, she says. Taylor offered an AI case study in health care.
Industrial artificial intelligence, or industrial AI, usually refers to the application of artificial intelligence to industry and business. Unlike general artificial intelligence which is a frontier research discipline to build computerized systems that perform tasks requiring human intelligence, industrial AI is more concerned with the application of such technologies to address industrial ...
The impact of artificial intelligence on workers includes both applications to improve worker safety and health, and potential hazards that must be controlled. One potential application is using AI to eliminate hazards by removing humans from hazardous situations that involve risk of stress, overwork, or musculoskeletal injuries.
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