Artificial intelligence: The next frontier

The world’s top Go player, Mr Lee Sedol, reviewing his moves after the third match of the Google DeepMind Challenge Match against Google’s artificial intelligence program AlphaGo in Seoul in March. The match comprised five games, of which AlphaGo won all but the fourth one.PHOTO: REUTERS While the world has been fixated on following the soap opera of financial markets, a more profound and ubiquitous development has been taking place worldwide – the rapid development in artificial intelligence and the fourth industrial revolution, which we think will mark an endless wave of disruptions. We believe artificial intelligence (AI) is almost ready for wider adoption by businesses, in turn providing opportunities, but also risks for investors. With corporate longevity already on the decline – according to McKinsey, one in five listed…

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