Artificial Intelligence (AI)

Lose the Bucket and Turn on the Taps: The Rise of Translation as a Service

Posted: 11/15/2018 - 23:10
I like to think about translation like access to fresh water. Not so long ago — and still in many parts of the world — getting water was hard. You’d get up first thing in the morning, get a bucket, walk (sometimes for miles) and then come back and do it again.
 
But then it became easier thanks to technology. 
 

How Machine Learning and Natural Language Processing Help Create Structured Versus Unstructured Data

Posted: 10/16/2018 - 03:43
Most procurement organizations lack the necessary data to make decisions about their services spend. The fundamental reason for the gap between the data they have and the data they need is that it is buried in documents. As a result, there is a desperate need for deeper visibility into services spend in most organizations. For too long, spend analytics have only provided details at the aggregate level and in many cases the data is not accurate. The marketplace consistently wants to better understand this part of the business to gain greater insight.
 

Gillian K. Hadfield: Remaking the Rules for the 21st Century

Posted: 10/09/2018 - 05:07
Academic and author Gillian K. Hadfield is a pioneer in pushing the current legal system into the 21st century. 
 
Hadfield is a Faculty Affiliate at the Vector Institute for Artificial Intelligence in Toronto and the Center for Human-Compatible AI at the University of California, Berkeley. She is also teaching Legal Design Lab (with Dan Ryan) at the University of Toronto.  Her research is focused on the need to reform and redesign legal systems in market democracies.  
 

3 Things Enterprises Must Do Before Embracing Cutting-Edge Technologies

Posted: 09/15/2018 - 00:14
In the last few years, with the growing hype around automation, artificial intelligence (AI) and analytics, there has been a feverish pace of activities in the IT outsourcing space on both sides of the table from enterprises and service providers. There’s also action happening in the middle of the table with the product vendors and on the outskirts with the analysts and industry commentators.

The Silent and Steady Takeover of Artificial Intelligence in Financial Institutions

Posted: 08/28/2018 - 04:54
Artificial Intelligence in Financial Institutions

Financial institutions are playing a numbers game in the core of their business: they evaluate risks and opportunities of potential transactions and if the perceived benefits outweigh the associated risks they will agree to the deal. In the case of traditional banking, this is true for the credit approval process, whereas in the case of insurance companies, the correct evaluation of risk factors determines the conditions of an insurance policy. Like weather forecasts demonstrate, assessments of future events like risk factors or return expectations may occasionally be wrong.

How is automation impacting the job market?

Posted: 08/21/2018 - 21:23
 
Automation within the job market is one of the key issues of our time. It often provokes speculation of a future resembling science fiction narratives that have been around for decades.
 
On the extreme end, there’s SkyNet becoming self-aware and a team of terminators hunting humans down. On the softer end there’s WALL-E, where humans don’t have to lift a finger and grow lazy as robots cater to all their needs. Either way, humans aren’t needed for work.
 

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