Singapore finance sector hopes to find AI boost in new govt-private sector tie-up

Singapore finance sector hopes to find AI boost in new govt-private sector tie-up Three government agencies and a private banking-certification firm announced today a strategic partnership to work towards improving the adoption of artificial intelligence in Singapore's finance sector. The goal of the tie-up is to leverage government resources to match supply with demand while

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ADB not worried about impact of technology on Myanmar jobs

ADB not worried about impact of technology on Myanmar jobs During his opening address at the AGM, Takehiko Nakao said new technologies such as robotics, artificial intelligence (AI), and “internet of things are emerging faster than people can imagine.” If harnessed properly, the technologies have “huge potential to raise productivity and improve our daily lives.

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BOK hints key rate hike when possible

BOK hints key rate hike when possible But the BOK governor said the trend is rather destabilizing job security because of logistical innovations replacing manpower with technologies. He stressed the Fourth Industrial Revolution triggered by the advent of new technologies, such as artificial intelligence and virtual reality, would create more … Link to Full Article: BOK

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Thousands Jobless On Wall Street After Robots Take Over, Predict Experts

Thousands Jobless On Wall Street After Robots Take Over, Predict Experts Over half of American finance sector jobs may be replaced by next generation artificial intelligence technology within a decade. Financial technology and industry experts are predicting the mass turnover from human employees to artificial intelligence (AI) will happen. James D'Arezzo, CEO of Glendale, … Link

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