For long, insurance firms have been relying on traditional virtual assistants. But with the advent of improved analytics, insurance technology startups (better known as Insurtech)are paving way for smarter and more innovative platforms.
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AI could provide solutions for climate change
It takes approximately 40 minutes for 82,944 processors on the world’s fastest computer to compute what one percent of our brain calculates in a second. Despite this lag, AI has more promising solutions than humans when it comes to addressing the issue of climate change. Climate change is a serious issue that needs immediate attention across the…
Machine Learning uses facial expressions to detect suicidal behavior
Suicide is extremely difficult to predict, especially in depressed individuals. But AI- algorithms could soon help doctors differentiate between patients who are depressed and those who are suicidal. Joseph Franklin, Ph.D. from Harvard University and author of a suicide research published by the American Psychological Association said, a suicide expert who conducted an in-depth assessment…
Can the Retail Industry go Fully-AI after ‘Amazon Go’?
In the heart of downtown Seattle lies Amazon Go — a store concept that grabbed headlines after its beta phase opened to the public this year. Its concept could mean that the retail industry could slowly be powered by AI. But the idea already faces competition as tech startups emerge to introduce similar technologies to autonomous retail stores.…