Posts tagged with 'artificial-intelligence'
The New Role AI Can Play In AccountingRead the rest of this entry »
Driven by the COVID pandemic, there’s been a mass migration of businesses to cloud-based services. This includes accounting firms of all sizes, who now see the benefits of the cloud and especially the automation that artificial intelligence-powered services can bring to routine and time-consuming tasks.
“But,” says AccountingToday, “AI is for more than just automating processes and creating efficiencies — now is the time for firms to be creative, …
A Lifesciences Lab Where Robots Do All the ExperimentsRead the rest of this entry »
In the heart of Silicon Valley is a biotech laboratory run by robots. They carry out experiments ordered by scientists anywhere in the world who simply login to the lab, describe their project, set options like the cells to use or the types of analyses to perform, and go on to do other things while the robots do the rest.
The Strateos lab in Menlo Park, California is as sophisticated …
AI is Creating New Jobs, Changing OthersRead the rest of this entry »
Long before the novel coronavirus caused a tech hiring slowdown, jobs calling for machine learning or AI skills were a hot trend. The pandemic has done nothing to change that.
If anything, COVID-19 is likely to increase the demand for AI professionals, says IDC analyst Ritu Jyoti.
“Because of the pandemic, IDC believes that AI spending and employment will increase among healthcare providers, education, insurance, pharmaceutical companies and federal …
CFOs May Worry About Adoption, But AI Is Coming FastRead the rest of this entry »
As organizations around the world rush to digitize operations, their CFOs worry their finance group is lagging in the digital transformation.
Agile Finance Unleashed, released earlier this year, details the state of digital finance, painting a picture of digital leaders, where the vast majority report a "compelling digital experience" for their internal and external customers, and the bigger share of organizations that are non-leaders. Most CFOs in these non-leader organizations …
Will Machines Take Over Wall Street?Read the rest of this entry »
"Machines are taking control of investing - not just the humdrum buying and selling of securities, but also the commanding heights of monitoring the economy and allocating capital."
That's how The Economist begins it's cover story on the increasingly important role of artificial intelligence in the world's financial markets. It's a sober examination of how machines have evolved from acting on orders set by traders to analyzing more social and …
Will AI Replace Pharma Sales Reps?Read the rest of this entry »
Artificial intelligence is being deployed in all sorts of ways in all industries and pharma and the life sciences are no exception.
It's hardly surprising that AI is already an ally in simulations and data analysis, but does it have a role in pharmaceutical sales?
Yes, says David Logue, Senior Vice President of commercial strategy at the pharmaceutical software firm Veeva. Writing in PharmaExec.com, Logue says, "The next frontier …
Robo-Advisors Have Yet to Break EvenRead the rest of this entry »
Robo-advisors, one of fintech's flashier trends, have yet to pay their way. Even at the typical 0.25% fee, most have yet to attract enough invested dollars to break even, let alone turn a profit.
A detailed discussion on International Banker of the robo-advisor phenomenon leans on an HSBC report on the wealth management industry, which included an analysis of the emerging sector that concluded almost none of the online firms …
AI Is Helping Banks Better Understand and Retain WorkersRead the rest of this entry »
As challenging as it is these days to hire workers with the right combination of skills and talent, employers of all types are focusing on retaining the employees they have.
Banking is no exception, and as a competitive, service-sector industry, ensuring a good employee experience translates into the ever-important positive customer experience. To stay atop of employee sentiment, banks, like employers everywhere, regularly survey their workers. It can be a …
Your Next Video Interview Could Be Analyzed by a MachineRead the rest of this entry »
Your next video interview could be with an AI-driven machine that will analyze your tone of voice, your facial expressions and the words you use to help a human recruiter decide if you move on or get the dreaded "We'll keep your resume on file" email.
HireVue began integrating facial and voice analysis into its video interview platform several years ago, and now, if not entirely common, the technology is …
Google's New AI Model Can Predict Hospital Patient Mortality, ReadmissionRead the rest of this entry »
It may seem a little morbid, but a new AI development from Google is able to predict the likelihood of a hospital patient's death with a far higher degree of accuracy than existing methods. It also is able forecast the length of a patient's stay their chances of being readmitted after discharge.
Working with researchers at the UC San Francisco, Stanford Medicine and The University of Chicago Medicine, the Google …