Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance


Book Description

This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.













Competing on Analytics


Book Description

You have more information at hand about your business environment than ever before. But are you using it to “out-think” your rivals? If not, you may be missing out on a potent competitive tool. In Competing on Analytics: The New Science of Winning, Thomas H. Davenport and Jeanne G. Harris argue that the frontier for using data to make decisions has shifted dramatically. Certain high-performing enterprises are now building their competitive strategies around data-driven insights that in turn generate impressive business results. Their secret weapon? Analytics: sophisticated quantitative and statistical analysis and predictive modeling. Exemplars of analytics are using new tools to identify their most profitable customers and offer them the right price, to accelerate product innovation, to optimize supply chains, and to identify the true drivers of financial performance. A wealth of examples—from organizations as diverse as Amazon, Barclay’s, Capital One, Harrah’s, Procter & Gamble, Wachovia, and the Boston Red Sox—illuminate how to leverage the power of analytics.




AI-Driven Innovations


Book Description

TOPICS IN THE BOOK Proactive Edge Computing for Smart City: A Novel Case for ML-Powered IoT From Data to Decisions: Enhancing Retail with AI and Machine Learning Commercial Mobile Alert System LTE & 5G Network Optimization Harnessing the Power of AI for Enhanced Regulatory Compliance and Risk Management in Fintech




Artificial Intelligence in Drug Discovery


Book Description

Following significant advances in deep learning and related areas interest in artificial intelligence (AI) has rapidly grown. In particular, the application of AI in drug discovery provides an opportunity to tackle challenges that previously have been difficult to solve, such as predicting properties, designing molecules and optimising synthetic routes. Artificial Intelligence in Drug Discovery aims to introduce the reader to AI and machine learning tools and techniques, and to outline specific challenges including designing new molecular structures, synthesis planning and simulation. Providing a wealth of information from leading experts in the field this book is ideal for students, postgraduates and established researchers in both industry and academia.




Generative AI for Web Engineering Models


Book Description

Web engineering faces a pressing challenge in keeping pace with the rapidly evolving digital landscape. Developing, designing, testing, and maintaining web-based systems and applications require innovative approaches to meet the growing demands of users and businesses. Generative Artificial Intelligence (AI) emerges as a transformative solution, offering advanced capabilities to enhance web engineering models and methodologies. This book presents a timely exploration of how Generative AI can revolutionize the web engineering discipline, providing insights into future challenges and societal impacts. Generative AI for Web Engineering Models offers a comprehensive examination of integrating AI-driven generative approaches into web engineering practices. It delves into methodologies, models, and the transformative impact of Generative AI on web-based systems and applications. By addressing topics such as web browser technologies, website scalability, security, and the integration of Machine Learning, this book provides a roadmap for researchers, scientists, postgraduate students, and AI enthusiasts interested in the intersection of AI and web engineering.




AI in Marketing, Sales and Service


Book Description

AI and Algorithmics have already optimized and automated production and logistics processes. Now it is time to unleash AI on the administrative, planning and even creative procedures in marketing, sales and management. This book provides an easy-to-understand guide to assessing the value and potential of AI and Algorithmics. It systematically draws together the technologies and methods of AI with clear business scenarios on an entrepreneurial level. With interviews and case studies from those cutting edge businesses and executives who are already leading the way, this book shows you: how customer and market potential can be automatically identified and profiled; how media planning can be intelligently automated and optimized with AI and Big Data; how (chat)bots and digital assistants can make communication between companies and consumers more efficient and smarter; how you can optimize Customer Journeys based on Algorithmics and AI; and how to conduct market research in more efficient and smarter way. A decade from now, all businesses will be AI businesses – Gentsch shows you how to make sure yours makes that transition better than your competitors.