Responsible innovation: how can European asset managers lead? February 18, 2020 By Alejandro Hiniesto, CFA, Fabrizio Palmucci, CFA and Rhodri Preece, CFA Technology, regulation, and competition, as well as macroeconomic and geopolitical headwinds, mean the investment industry stands at a pivotal juncture. Pressure on profit margins and evolving client expectations serve to underscore that ‘business as usual’ is no longer sufficient. How can firms and practitioners adapt? Responsible [...]
Who do you think you are? A conscious AI workforce could lead to a world of slaves February 18, 2020 With artificial intelligence (AI) promising to make huge numbers of people redundant across a swathe of industries, there’s been much discussion of “the world without work”. Some see in that a utopia, in which automation provides us all with limitless free time; others, a nightmarish end to human dignity. But if the machines do take [...]
If artificial intelligence is going to revolutionise the NHS, people need to be educated on its uses February 12, 2020 As Boris Johnson tries to reposition the Tories as the party of the NHS, with a £34bn-a-year long-term funding bill, the health service’s future will be in the minds of many. Its workforce is under relentless strain as it seeks to deliver world-class healthcare to the population, and many staff are overwhelmed. As the debate [...]
Ocado falls to £215m loss after Andover warehouse fire February 11, 2020 Online supermarket Ocado fell to a £214.5m loss last year, which the company blamed on a huge fire which burned down one of its warehouses in Andover last February. The figures Group revenue rose 9.9 per cent in the year, up from £1.6bn in 2018 to £1.8bn this year. This was largely driven by 10.3 [...]
DEBATE: Could AI ever win an Oscar? February 11, 2020 Could AI ever win an Oscar? John Gikopoulos, global head of AI and automation at Infosys Consulting, says YES. It’s entirely possible, and plausible, that artificial intelligence (AI) could soon win an Oscar. With the South Korean film Parasite winning Best Picture this year — the first ever foreign language film to do so — [...]
How e-scooters, self-driving cars, and flying taxis will shape the future of your commute February 10, 2020 An air of tranquility hangs about Stratford’s electric scooter riders. Their bodies are still, poised, as they glide by on this crisp February morning. I try to copy them and end up skidding along, struggling to figure out how to position my feet — but after a couple of wobbles I’m gliding too. As I [...]
UK tech firms suffer worst quarter in seven years as uncertainty weighs February 10, 2020 The UK’s thriving tech sector suffered its worst quarter since 2012 at the end of last year as political uncertainty took its toll on growth. Staff hiring declined and new business activity flatlined in the final three months of 2019, according to figures published today by KPMG. UK tech firms reported that overall business was [...]
Britain will regret Huawei decision, warns exiled artist Ai Weiwei February 4, 2020 The UK will regret its decision to allow Chinese tech firm Huawei to build parts of the country’s 5G networks, Ai Weiwei has warned. The artist and activist, who has been exiled from his homeland since 2015, branded the move “short-sighted profit seeking”, adding that the British would “feel sorry later”. Boris Johnson’s government last [...]
Cyber firm Callsign set to unveil bumper JP Morgan backing February 4, 2020 London-based identity fraud firm Callsign is said to be on the verge of unveiling fresh funding worth tens of millions of dollars from Wall Street giant JP Morgan. Callsign, which uses AI to verify the identity of users, is signing off on a deal with JP Morgan Asset Management, which manages $2 trillion (£1.5 trillion) [...]
Government’s AI adviser calls for crackdown on social media targeting February 4, 2020 Social media users are being left in the dark about the way major platforms target information at them, the government’s artificial intelligence (AI) adviser has warned. A report published today by the Centre for Data Ethics and Innovation (CDEI) called for tighter regulation of online targeting systems, which use personal information about users to decide [...]