MIND-BLOWING USES OF AI IN FINANCE
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- Опубліковано 2 лис 2020
- We are talking about Artificial Intelligence applications in finance. Let's review the current list of trends and what to expect from the industry.
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- Machine Learning vs. Deep Learning vs. Artificial Intelligence - jelvix.com/blog/ai-vs-machine...
- Application of AI in Finance - jelvix.com/blog/ai-in-finance
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▶ About this video:
How is AI applied in finance?
1. Automation
It enables organizations to boost productivity and cut operational costs. Statistics say that AI helps companies save up to 70% of the costs associated with repetitive tasks.
2. Credit Decisions
We once developed AI-based software that helps banks assess potential borrowers. It immediately analyzes countless factors thus saving costs and making the process much faster. Sounds exciting, doesn’t it?
3. Trading
AI-driven trading systems can analyze massive amounts of data much quicker. You won’t believe it, but predictions made by AI algorithms are more accurate because they can analyze a lot of historical data.
4. Risk Management
AI can handle risk management tasks much more efficiently and analyze various financial activities in real-time.
5. Fraud Prevention
AI-driven fraud detection tools can analyze clients’ behavior, track their locations, and determine their purchasing habits. Therefore, they can quickly detect any unusual activities.
6. Personalized Banking
AI-powered chatbots minimize the workload of the call centers.
There are also many apps that offer personalized financial advice so that users can achieve their financial goals, track regular expenses, income, and purchasing habits. - Наука та технологія
What do you think of implementing AI in the financial industry? Feel free to share your thoughts and ideas! 😎
I wanted to start on a bootcamp with Tripple Ten to study for a Data Scientist, but im worried AI will take over that role, or will there still be a need for a Data scientist in companies
So great to see a video that in such a way describes what positive outcomes AI has in the finance industry
Great video! 👍 It's always interesting to see how AI is being applied in different industries, and finance is no exception. Looking forward to seeing more tech tips and tutorials from Jelvix. As someone interested in AI and personal development, I found the comparison between Machine Learning, Deep Learning, and Artificial Intelligence in the provided link very informative. Keep up the great work! 🙌
You've got a talent for explaining things.
Insightful video. Thanks for sharing
Very useful 👍
Wow! Amazing
Wow this is great 👍
It is great now i know that AI can analyze an investors and long term and short term goals
great insights!
It's great. Now I know that AI can analyze a specific investor's short and long term goals to provide recommendations on strongest portfolios
excelent video !
significant video
Alpha Vantage with your own strategy scripts can enhance
Trading performance
00:38
nice
Thanks
It's really helpful
Wow…
This content is packed with innovative ideas. I encountered a book with like themes that reshaped my outlook. "Mastering Money Mindfulness" by Benjamin Hawk
🎯 Key Takeaways for quick navigation:
00:13 🌐 *AI in finance offers innovative solutions for businesses, leveraging international standards.*
01:11 📊 *AI streamlines financial processes, from scanning massive data to designing efficient customer solutions.*
01:38 🤖 *Specialized AI apps for personal finances, like Unikey, provide practical assistance.*
02:44 💡 *AI supports various industries, with applications ranging from newspapers to national examinations.*
03:53 📈 *AI-driven financial recommendations offer valuable insights for investment decisions.*
Made with HARPA AI
How them jobs would be replaced?
MIND-BLOWING USES OF AI IN FINANCE
eventually replace the bulk of the banking industry with AIs? run transparently through academic and political debate.. . so financial systems dont periodically fall apart from the half assed ideas of people who work in banking.
it is a very good point
Destroying careers in mere seconds...
Maybe we should have educated ourselves properly, and understood why the education system was invented and who evented it and for what purpose,finally now people will start understanding that they are the master of thier universe so know how to live with the God given talents and power your maker has given you.stop relying on a Job.Theres always another way.❤❤❤
Those transitions were brutal. had to stop watching
Splitted funding
Overproduced, lacks actual content. The first 40 seconds is infuriating.
strange even if ai is making great strides in finance, how come human intervention sis till required