Artificial intelligence: when technology replaces intuition

Luz Fernández Last update 2016-06-1414June2016 14 June 2016 Luz Fernández The possibility of obtaining more efficient algorithms than people is not science fiction. It’s an area of work that has recently been making major progress and is now being applied to the financial industry, as confirmed at the roundtable on artificial intelligence and machine learning at the last IIF Spring Meeting’s, held in Madrid and sponsored by BBVA. Explore more… “In the long term, we will have machines that are much more intelligent than people,” reported without hesitation Shamil Chandaria, senior advisor at Google Deep Mind, the British artificial intelligence company the search engine acquired in 2014. “We are trying to get logic programming to work like a brain and go far beyond searches. Algorithms already understand how to create…

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