Calculus gives you all these nice equations for how to calculate a series of changes across infinitesimal steps—in other words, it saves you from the nightmare of modeling continuous change in discrete units. This is the magic of Duvenaud and his collaborators’ paper: it replaces the layers with calculus equations.
Digital Transformation is a new revolutionary movement sweeping across many industries, but banking as a sector is particularly impacted. Artificial Intelligence (AI) is a key driver in digital transformation. This article will give you a summarised perspective on the impact of AI in banking.
Artificial intelligence will reshape the world of finance over the next decade or so by automating investing and other services—but it could also introduce troubling systematic weaknesses and risks, according to a new report from the World Economic Forum (WEF).
“It’s the first time that an autonomous industrial control system will be deployed at this scale, to the best of our knowledge,” says Mustafa Suleyman, head of applied AI at DeepMind, the London-based artificial-intelligence company Google acquired in 2014.