Author : Claudio Scardovi
Publisher : EGEA spa
ISBN 13 : 8899902402
Total Pages : 394 pages
Book Rating : 4.8/5 (999 download)
Book Synopsis Singularity Bank by : Claudio Scardovi
Download or read book Singularity Bank written by Claudio Scardovi and published by EGEA spa. This book was released on 2019-02-21T00:00:00+01:00 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence is driving the next revolution in banking, with disruptive forces presenting profound challenges to traditional business models. As the adoption of new technologies, and innovation of even newer ones, accelerates, are we fast approaching a future in which banks no longer have a need for assets or, indeed, for humans? Is there a future in which bankers themselves, if not banks, disappear altogether? Are we approaching a “singularity moment,” in which advances in artificial intelligence trigger rapid and uncontrollable technological growth, leading to incalculable changes to society and, indeed, our very humanity? Would this empower us, or would it seize control of our very destiny? In practice, as it relates to banking, we may be facing not just a single, but multiple moments of singularity. This book examines the ways in which advances in artificial intelligence could become industrializable across each of the main value chains of the international banking system.