Artificial Intelligence for the Financial Services Industry: What Challenges Organizations to Succeed?

As a research field, artificial intelligence (AI) exists for several years. More recently, technological breakthroughs, coupled with the fast availability of data, have brought AI closer to commercial use. Internet giants such as Google, Amazon, Apple or Facebook invest significantly into AI, thereby underlining its relevance for business models worldwide. For the highly data driven finance industry, AI is of intensive interest within pilot projects, still, few AI applications have been implemented so far. This study analyzes drivers and inhibitors of a successful AI application in the finance industry based on panel data comprising 22 semi-structured interviews with experts in AI in finance. As theoretical lens, we structured our results using the TOE framework. Guidelines for applying AI successfully reveal AI-specific role models and process competencies as crucial, before trained algorithms will have reached a quality level on which AI applications will operate without human intervention and moral concerns

Special Session on Industry 4.0

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Active learning based laboratory towards engineering education 4.0

Universities have a relevant and essential key role to ensure knowledge and development of competencies in the current fourth industrial revolution called Industry 4.0. The Industry 4.0 promotes a set of digital technologies to allow the convergence between the information technology and the operation technology towards smarter factories. Under such new framework, multiple initiatives are being carried out worldwide as response of such evolution, particularly, from the engineering education point of view. In this regard, this paper introduces the initiative that is being carried out at the Technical University of Catalonia, Spain, called Industry 4.0 Technologies Laboratory, I4Tech Lab. The I4Tech laboratory represents a technological environment for the academic, research and industrial promotion of related technologies. First, in this work, some of the main aspects considered in the definition of the so called engineering education 4.0 are discussed. Next, the proposed laboratory architecture, objectives as well as considered technologies are explained. Finally, the basis of the proposed academic method supported by an active learning approach is presented.Postprint (published version

Learning models for semantic classification of insufficient plantar pressure images

Establishing a reliable and stable model to predict a target by using insufficient labeled samples is feasible and effective, particularly, for a sensor-generated data-set. This paper has been inspired with insufficient data-set learning algorithms, such as metric-based, prototype networks and meta-learning, and therefore we propose an insufficient data-set transfer model learning method. Firstly, two basic models for transfer learning are introduced. A classification system and calculation criteria are then subsequently introduced. Secondly, a dataset of plantar pressure for comfort shoe design is acquired and preprocessed through foot scan system; and by using a pre-trained convolution neural network employing AlexNet and convolution neural network (CNN)- based transfer modeling, the classification accuracy of the plantar pressure images is over 93.5%. Finally, the proposed method has been compared to the current classifiers VGG, ResNet, AlexNet and pre-trained CNN. Also, our work is compared with known-scaling and shifting (SS) and unknown-plain slot (PS) partition methods on the public test databases: SUN, CUB, AWA1, AWA2, and aPY with indices of precision (tr, ts, H) and time (training and evaluation). The proposed method for the plantar pressure classification task shows high performance in most indices when comparing with other methods. The transfer learning-based method can be applied to other insufficient data-sets of sensor imaging fields

The Global Artificial Intelligence Revolution Challenges Patent Eligibility Laws

This Article examines patent eligibility jurisprudence of artificial intelligence in the United States, Europe, France, Japan, and Singapore. It identifies de facto requirements of patent-eligible artificial intelligence. It also examines the adaptability of patent eligibility jurisprudence to adapt with the growth of artificial intelligence