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A ‘third wave’ of computing is emerging, encompassing technologies that have been called many names, including ubiquitous and pervasive computing, ambient intelligence, the Internet of Things and eObjects. This third wave will bring about significant socio-technical change, especially in the...
Persistent link: https://www.econbiz.de/10014121676
Artificial Intelligence- (AI) driven Big Data analytics are becoming a core capability for financial institutions, giving rise to promises of profits and increased efficiency both for new FinTech firms and incumbent institutions. This, however, may come at a cost to consumers. This chapter...
Persistent link: https://www.econbiz.de/10013219031
A ‘third wave’ of computing is emerging, based on widespread use of processors with data handling and communications capabilities embedded in a variety of objects and environments not previously computerised, such as refrigerators, buildings, cars, fitness trackers and hairbrushes. With the...
Persistent link: https://www.econbiz.de/10013215624
Commentators have predicted that the insurance industry will soon benefit from technological advancements, such as developments in Artificial Intelligence (‘AI’) and Big Data. The application of AI- and Big Data-powered tools promises cost reduction, the creation of innovative products, and...
Persistent link: https://www.econbiz.de/10014243795