Gregarius » BetaNews.Com » AI will boost fintech revenue by 960 percent

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  AI will boost fintech revenue by 960 percent

  Publié: août 4, 2016, 4:17pm CEST par Sead Fadilpašić

  Earnings created by the use of artificial intelligence (AI) in financial technology (fintech) will skyrocket in the next five years, according to new reports by Juniper Research. The researchers have said that, by 2021, we should expect a jump of 960 percent, with revenues hitting $17 billion (£12.95bn). There are two main reasons behind such a significant jump in the near future, Juniper says. The first one is the fact that machine learning used to be way too expensive, and computationally time-intensive be hit the mainstream. That is no longer the case. The second reason is that access to extensive… [Continue Reading]