Tag: AI

Latest Tech: Bankers will see three-quarters of the workday transformed by AILatest Tech: Bankers will see three-quarters of the workday transformed by AI
Technology and Ai

Latest Tech: Bankers will see three-quarters of the workday transformed by AI

Artificial intelligence is likely to replace or at least lend a hand in tasks that take up almost three-quarters of the time bank employees now spend working.That’s the conclusion of a new analysis by consultancy Accenture, which said banking has the potential to benefit more from the technology than any other industry. Just 27% of employees’ time currently has a low potential of being transformed, according to the analysis."There is a reinvention that is happening across banks, a way for firms to step back and reevaluate ways of working,” Keri Smith, global banking data and AI lead at Accenture, said in an interview. Source link
Technology and Ai

Latest Tech: How AI Takes ‘Democratized’ Innovation To The Next Level

Ai as idea generator for allgetty First, there was crowdsourcing — the idea that everyone has something to contribute to the organization or problem at hand. Can generative AI finesse on this concept, and make it more workable? The concept of “democratized” innovation came to the forefront with online crowdsourcing and its sibling of idea competitions, which have seen widespread use from product testing to developing applications to run on NASA spacecraft. At the same time, while most frequently employed for solving simple challenges such as choosing a corporate logos, crowdsourcing suffers from a “lack of trust in the intellectual power of the crowds and their ability to tackle complex problems,” relates Eugene Ivanov of CRDF Global in an analysis at HeroX. Another challenge is confusi...
News & Events, Technology and Ai

US FDA approves DermaSensor’s AI-powered skin cancer detecting device

AI Wields a Scalpel Against Skin Cancer: US FDA Approves DermaSensor's AI Device Image and information credits - www.dermasensor.com DermaSensor Unveils a New Era of Early Detection Skin cancer, a shadow lurking beneath the sun's kiss, claims millions of lives worldwide each year. Early detection remains the cornerstone of survival, but traditional methods often rely on subjective visual assessment, leaving room for error and delayed diagnoses. Today, a beacon of hope shines through the shadows: DermaSensor, an AI-powered device granted FDA clearance on January 17, 2024, promises to revolutionize skin cancer detection with its non-invasive, intelligent scan. Unmasking the Enemy: Skin Cancer's Many Faces Melanoma, basal cell carcinoma, and squamous cell carcinoma – these are just a...
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