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Banking

Banks – Industry Overview

The Business of Banking Banks are intermediaries for capital and hold the risk when supply and demand is not perfectly balanced. Historically, commercial banking and investment banking functions have been separated by law – these restrictions have since been repealed and larger banks tend to take on capital markets operations due to the complimentary nature […]

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AI / Big Data

How RPA, NLP and ML will create the virtual workforce of tomorrow

RPA, which stands for ‘robotic process automation’, is a technology that consists of software robots (bots) that can mimic a human worker performing operations on their laptops. RPA bots can log into applications, enter data, calculate and complete tasks and then log out, send emails, extract data from websites and excel, and generate reports. RPA […]

Categories
AI / Big Data

The Fight of The Two R’s: Robots v Redundancy

“Robots could take over twenty-million jobs by 2030” (Taylor, 2019). Economists have analysed long-term trends around the level of automation in the workplace. Currently, we live along-side 2.25 million robots worldwide. This statistic has multiplied threefold in the last two decades (Taylor, 2019). Humans invent things that society needs. This reasoning forms the basis of […]