Vietnam 

Việt Nam artificial intelligence day to showcase latest tech – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The 2019 Việt Nam artificial intelligence day is expected to attract 2,000 participants, the organiser said. — VNS Photo Vũ Hoa HÀ NỘI — The 2019 Việt Nam artificial intelligence day (AI4VN) is scheduled to take place over the August 15 and 16 in Hà Nội, featuring exhibitions, workshops, and performance of advanced technologies. Speaking at a press conference on Wednesday, Deputy Minister of Science and Technology Bùi Thế Duy said AI4VN aims to promote AI development in Việt Nam by connecting members of the ecosystem like research institutes,…

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Investment 

Liquidnet CEO: Artificial intelligence is the future direction of finance

Seth Merrin, the chief executive of Liquidnet, is making a big bet that the future of trading – and the edge that traders and portfolios managers seek – will be driven by artificial intelligence.Merrin said one of the main problems that he hears from clients is how to improve performance, particularly as fund managers are increasingly overwhelmed with the amount of publicly available data that can influence investment decisions.But, very few of the privately held firm’s clients have the… Source link

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As artificial intelligence and fintech come knocking, half of Asia-Pacific finance professionals fear for their jobs

Half of finance professionals in Asia-Pacific believe their jobs will either disappear or change substantially over the next decade, with some of their work taken over by artificial intelligence and other technologies, according to a poll by CFA Institute.Globally, this number stands at 48 per cent. The institute, a global association of investment professionals, offers the Chartered Financial Analyst (CFA) designation as well as other international professional accreditation. It has now… Source link

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Ping An OneConnect says it has the artificial intelligence tools to help banks manage risk

Ping An OneConnect, the financial technology arm of Ping An Insurance which was awarded a virtual bank licence last month, plans to provide the technology to help other financial institutions in the city manage fraud and loan default risks.Jeffrey Ng, head of fintech solutions at Ping An OneConnect, said technologies such as micro-expression recognition and natural language processing could be used to enhance the customer due diligence process, especially when lenders are struggling with a lack… Source link

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Smartphone maker Xiaomi sets up technical committee to build an engineering culture as it pushes into artificial intelligence

Xiaomi, the world’s fourth-biggest smartphone maker, said it will set up a technical committee comprising 19 members as part of its efforts to transform the company into an artificial intelligence-driven company.Cui Baoqiu, the company’s recently promoted vice-president, is chairman of the committee, which will be responsible for technical strategy, collaboration with governments and universities, recruiting and encouraging tech talent and building an engineer culture in the company, according… Source link

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Ping An says artificial intelligence can address car insurance issues arising from three policies on Hong Kong-Zhuhai-Macau Bridge

Anyone who has driven on the Hong Kong-Zhuhai-Macau Bridge knows that they need three insurance policies – an expensive and complicated process. But insurers say that the problem can be solved through regulatory changes and use of technology, so as to encourage more cross-border travel in the “Greater Bay Area”.Ping An Insurance (Group) said artificial intelligence technology can help mitigate a lot of the problems faced by insurers and policy holders because of the unique situation of “one… Source link

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Xiaomi sets up artificial intelligence and big data departments to sharpen focus in tech race

Xiaomi, the world’s fourth-biggest smartphone maker, announced the creation of three artificial intelligence-related departments in another reshuffle to transform the company into an AI-driven company.The Beijing-based company promoted Cui Baoqiu, who set up the AI and cloud team in Xiaomi, to vice-president, reporting directly to co-founder and chief executive Lei Jun. Lei also announced the set up of new AI, big data and cloud computing departments, according to a letter provided by the… Source link

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Trump signs order prioritizing artificial intelligence research amid looming China ambitions

President Donald Trump signed an executive order Monday directing the U.S. government to prioritize artificial intelligence in its research and development spending, the White House said. The order, which comes amid concerns about China’s ambitions to dominate the sector and the likelihood of disruption for workers as the technology automates millions of jobs, doesn’t outline specific funding goals, but says it aims to ensure that AI develops in a manner that reflects U.S. values and to push training for the future workforce. Is China really snapping at the heels of…

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Voices and Deeds: Predicting Firm Performance with Artificial Intelligence

[Sponsored Article] By CHEN Yanzhen, Assistant Professor,Department of Information Systems, Business Statistics and Operations Management,HKUST Business School   AI may enable computers to detect meaning from voices. We humans are good at detecting meaning from the nuances of voices, and we are often proud that we can infer information implicitly conveyed, and sometimes inadvertently revealed, by a speaker. Being able to discern subtleties in voices, and thus infer the underlying intentions of the speaker, is such a unique human skill that we generally consider it an important aspect of intelligence that…

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No proof that artificial intelligence and automation will take away jobs, says new report

Concerns about job losses from the wider adoption of artificial intelligence (AI) and robots across industries may be exaggerated, according to a new study. There is no “conclusive evidence” that more jobs are being lost than created, as global unemployment rates have stayed relatively stable since 1991 even with the addition of 1.6 billion people into the global workforce, said the report Digital Technology and Inclusive Growth by independent think tank the Luohan Academy. “Robots and artificial intelligence are still in the early stages of development and their ability to…

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