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GDPR – are you in the 2% that’s ready?

Announcements Articles9 Aug 2017 no comments

 

General Data Protection Regulation is fast approaching.

GDPR is a set of rules that applies uniformly to all EU states – it’s regulation that gives people more control of their data; that strengthens data protection procedures and that heavily penalises companies and institutions that fail to comply.

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General Election 2017 – Aelm sentiment analysis accurate as ever

Articles9 Jun 2017 1 comment

As a company, Aelm is somewhat pleased with the result of yesterday’s UK General Election.

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Part 5: Artificial Intelligence: narrow today, super tomorrow?

Articles30 May 2017 no comments

Author:
Eleanor Brown, Director of Business Change at Aelm

For four articles we’ve been sensible and realistic, forgoing the futuregazing to focus instead on the tools and technologies that AI’s component parts – perception, cognition and action – are able to deliver today. But now it’s time to indulge.

Let’s consider what a world built on AI could be, should the hype stand up.

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Part 4: Actions speak louder than words. Making AI a reality

Articles30 May 2017 no comments

Author:
Eleanor Brown, Director of Business Change at Aelm

Once an AI has gathered and processed data about its environment it must act to maximise its chances of success in carrying out a specific goal. That goal can be anything from winning a game of GO to making a profit on the stock market to safely steering a car down a dual carriageway without disastrous or expensive consequences.

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Part 3: AI is cognition: Can machines ever have a gut feeling?

Articles9 May 2017 no comments

Author:
Eleanor Brown, Director of Business Change at Aelm

In part one, we defined artificial intelligence and its three constituent steps: perception, cognition and action. Last week we explored perception and how everyday businesses can benefit from natural language processing tools and techniques.

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Part 2: AI is changing finance with NLP and chatbots

Articles9 May 2017 no comments

Author:
Eleanor Brown, Director of Business Change at Aelm

In the first article of this AI five-parter, we broke Artificial Intelligence into three component parts: perception, cognition and action, acknowledging that the term AI is often, and wrongly, shorthand for self-determining robots and near-sentient automatons.

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Part 1: Hollywood AI coming? Self-determining computers, robotic-best-friends, and KITT from Knight Rider

Articles9 May 2017 no comments

Author:
Eleanor Brown, Director of Business Change at Aelm

Artificial Intelligence began to prick public consciousness in the 1950s. Arthur Samuel built checkers, his seminal machine learning program, and Daniel Bobrow launched STUDENT, the natural language processing program. Such breakthroughs led to Marvin Minsky’s prediction that full AI – machines successfully executing intellectual tasks – would be in play by the 1970s.

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How to blag your way through Blockchain

Articles20 Apr 2017 no comments

In 2008, Satoshi Nakamoto devised Blockchain as a way to underpin and secure Bitcoin, the digital currency. But with the early Bitcoin connection, Blockchain had connotations of the deep web, black markets and online’s darkest corners. So polite types dismissed the mainstream potential.

The tide turned in early 2015. World citizens began investigating Blockchain and companies started considering its deployment. Today, Blockchain’s rep continues to grow.

So, should you find yourself caught up in a conversation about Blockchain, here’s how you can blag your way through.

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Will you take the blue pill or the red pill?

Articles19 Dec 2016 no comments

An unconventional review of Artificial Intelligence in banking

By
Maysam Rizvi
Managing Director, Aelm Ltd

I grew up watching movies like Terminator 2 and the Matrix, where in the future robots/AI have enslaved humanity. And if I’ve learnt anything – it is not to trust the future in the hands of Artificial Intelligence (AI). The reality is that AI is going to be a big part of our future.

In the 90’s a large contingent of factory workers lost their jobs to automated machines that were more efficient at doing their jobs. Now we are witnessing the automation of the service industry – banking is one of those industries. However, this automation has been decades in the making, ATMs have been edging into the bank teller’s jobs for years now. Credit applications have been reviewed by automated models for a long time.

If we are to believe the press, banks are warming up to the next phase of automation and AI – whether it is in the banking retail space or investment banking. There are a slew of discussions and works ongoing to take AI in banking to the next level.

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Trump wins! A perspective from twitter data

Articles11 Nov 2016 no comments

Trump has won the US Presidential election 2016. The result has surprised most people across the world as the general vibe was that Clinton was a stronger candidate. A vibe or pulse is subjective – and it is dangerous to believe it for deciding our future course of actions. So what is the alternative? If we can somehow convert the subjective to objective – derive metrics which will simplify the complexities of subjective feelings and emotions to understandable information such as a number representing sentiments as negative or positive.

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