Artificial intelligence (AI) is increasingly cropping up in the most unexpected of places, writes Chris Ford, manager of the Smith & Williamson Artificial Intelligence fund.
Just recently, it was the turn of the mighty McDonald's to announce it will be acquiring an Israeli AI business, Dynamic Yield Ltd, and trialling the use of artificial intelligence at its restaurants. Labelled "the fourth industrial revolution", AI and big data can have a truly staggering impact on companies' financial performance - but only if they know how to make the best use of it. It is one thing to capture data about customers, processes or some other part of a business, but it is quite another to be able to actually utilise it. Artificial intelligence - is the UK ready, will...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
