In October 1950, Alan Turing published his paper computational machinery and intelligence, put forward the famous "Turing test", and set off the first wave of artificial intelligence. At the summer academic seminar held by Dartmouth University in 1956, J McCarthy, m Minsky and Shanno formally put forward the term "artificial intelligence (AI)".
Fintech is an important part of modern finance. The traditional understanding of financial operations has changed. Financial technology opportunities allow people to enjoy the convenience and speed of managing financial business. In addition, it has great potential to improve global economic life. Nevertheless, as a new tool, fintech still faces many obstacles and challenges.
In the aftermath of this covid catastrophe, the finance economy, businesses, and services were forced to undergo significant transformations in order to stay afloat. This is how the wave of digital transformation gained tremendous momentum.
At present, artificial intelligence has been considered as the technological high point of the next era, a variety of AI related technologies and products continue to emerge, enterprises in all fields are also actively embrace the darling of this era, in order to rely on artificial intelligence to break through business pain points, improve work efficiency, and achieve enterprise transformation and upgrading. The three most active technology directions in Fintech in recent years have been artificial intelligence, big data and blockchain.
Mankind is moving towards the age of intelligence. At present, a new generation of artificial intelligence is booming around the world, injecting new drivers into economic and social development and profoundly changing the way people work and live.
Not that long ago banks and financial institutions (FIs) made technology investments that typically put the company’s interests first and its customers’ second (or third). With the pandemic fog of war now lifting, FIs are revisiting and reordering these past priorities.
Sometimes, a new technology will change the world forever. 5,000 years ago, a nameless Sumerian started marking clay tablets with a stylus, and invented writing; a little over three centuries ago, the steam engine took its place in our lives; early in the last century, Henry Ford came up with the assembly line.