Week 8 Assignment – Artificial Intelligence and the Machine Learning Revolution in Finance
Artificial intelligence (AI) has established itself as a norm in everyday life, and if enterprises are strategic in their missions, they would be well off to import AI into their business processes and operations.
AI can be noted as the “simulation of human intelligence in machines that are programmed to think like humans and mimic their actions. The term may also be appliedto any machine that exhibits traits associated with a human mind such as learning and problem-solving” (Frankenfield, 2020).
The idea of AI is to allow action to occur and reach a goal withouthaving a human present or involved. In the case study about Cogent Labs and the Google Cloud Platform (Cohen, Malloy, & Powley, 2018), it is reviewed how AI can be used in the financial services
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