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 [...]
Fighting shadows: Each technology advance puts new weapons in the hands of cyber-criminals February 13, 2020 US Supreme Court Justice Louis Brandeis, talking about the benefits of openness and transparency, famously said that sunlight is the best disinfectant. And, conversely, we are all rightly suspicious of anything that hides in the shadows and conceals identity and motive. Global cybercrime is able to exploit technology to create anonymity and avoid accountability as [...]
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 [...]
FTC demands merger data from tech giants February 11, 2020 The Federal Trade Commission (FTC) has issued special orders to Google, Amazon, Apple, Facebook and Microsoft to provide information on mergers that were too small to report to antitrust regulators, the FTC said today. The queries occur as the Justice Department, the FTC, state attorneys general and the House Judiciary Committee are investigating the big [...]
Don’t dismiss the apprenticeship levy — it could fix the UK’s productivity puzzle February 11, 2020 The UK economy is not what it was 50 or even 20 year ago. We are an economy driven by services, data, and technology. As such, we need skilled managers to run the teams and operations that keep UK businesses at the forefront of innovation and change. The apprenticeship levy is a brilliant tool for [...]
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 — [...]
Tech firms needs to earn back public trust in order to innovate February 6, 2020 Innovations in technologies such as biometrics, cyber security, and artificial intelligence stand to perform an unprecedented, positive role in society. But their development means that we’re being asked to entrust more of our lives to technologies that we don’t fully understand, hand over our data to people we can’t see, and form relationships with businesses [...]
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 [...]
The second order impacts of artificial intelligence February 4, 2020 Much has been said about how artificial intelligence (AI) and machine learning might change the investment profession. Whether it is the advancement of automated trading, using alternative data to find new investment signals, or robo-advisors becoming more capable, the main focus to date has been on how these tools will cause the investment manager’s job [...]