The Union Bank of India heist is another wake up call to evaluate technologies that avert and plug loopholes and end what is today a wire transfer monopoly
The futurists of the world are besotted by the science that simulates the engagement , decision and the discovery process of the human brain -in other words Artificial Intelligence(AI) or Cognitive Sciences. Cognitive systems quickly identify patterns similar to a way our brain identifies situations and responds to it. Within AI , there are a number of different technologies and they lie at different points in the curve of adoption with virtual assistants and robo-advisors riding the crest of adoption. This post talks about the merits of the lesser known yet immensely intriguing Semantic Technology .
India is set to make up for its recent absence from the AI circuit and companies are making big investments to make it happen.Read on