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New Wealth Wave: How the Rich Are Getting Richer — and Younger
The number of ultra-wealthy individuals is increasing, and their average age is dropping. Why, and how? From the heads of established firms to enterprising “cryptobros” making their presence felt, income levels are rising like a king tide. There’s a shift
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Lancaster University Spinout Secures Funding to Advance Healthcare Diagnostics
Lancaster University spin out CCI Photonics has secured significant funding to develop its diagnostic technology, which aims to improve healthcare outcomes. This groundbreaking technology uses AI to detect infectious diseases and determine patients’ antibiotic susceptibilities in under 15 minutes. The
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Long Road to Autonomy: Will Self-Driving Cars Rule the Road?
Isn’t owning a car all about freedom and individuality? A surprising number of people seem more drawn by convenience and safety factors. Consider a future where commuting is stress-free, traffic accidents are virtually a thing of the past, and mobility
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The AI Economy Demands Leadership: Why Every C-Suite Needs a Chief AI Officer
By 2025, 35% of large organizations will have a Chief AI Officer (CAIO) reporting directly to the CEO or COO (Gartner). Leadership—not technology—will determine the winners and losers in the AI economy. While AI promises unprecedented gains in productivity and
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Butcher, Baker, Candlestick Maker: Are the Skilled Trades Safe from AI?
From manufacturing to customer service, artificial intelligence is changing the working world. Are carpentry, plumbing, and electrical work immune? The artificial intelligence (AI) boom has created an undeniable workplace revolution. With algorithms and machine learning, AI is taking over entire
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Could Elon Musk Revolutionise Social Media by Acquiring TikTok?
The U.S. operations of TikTok face an uncertain future as the Supreme Court prepares to rule on a potential ban by 19 January. The decision could force ByteDance, TikTok’s Chinese parent company, to divest its U.S. business. Amid this tumult,
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Paolo Sironi, IBM: Mind the Gap Between Small-Medium Businesses and Their Banks
Financial services are adapting to better serve SMEs, but a gap remains between what banks offer and what these businesses truly need. Financial services are particularly susceptible to fluctuations in macroeconomic conditions, as starkly illustrated by the 2008 financial crisis
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AI Governance in Financial Services: A Board-Level Imperative
Artificial intelligence (AI) is rapidly transforming the financial services industry, offering unprecedented opportunities to streamline operations, enhance customer experiences, and unlock competitive advantages. At the same time, this evolution introduces complex challenges related to compliance, ethics, risk management, and maintaining
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AI in Financial Services: Preparing for the Next Two Years
Artificial intelligence (AI) is rapidly transforming the financial services industry. According to McKinsey & Company, generative AI could add the equivalent of $2.6 trillion to $4.4 trillion annually in value across 63 analyzed use cases. For executives in financial services,
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The Exponential Growth of AI Computing Power: Trends and Predictions for the Next Five Years
The field of artificial intelligence (AI) has experienced remarkable growth in recent years, driven by advancements in algorithms, the availability of massive datasets, and, crucially, the exponential increase in computing power. This article explores the projected growth of compute power
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