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THE NEW ECONOMY AND THE FUTURE

reasonable to expect drones to deliver products in a
fraction of time that deliveriestake today.

Not only will there be autonomous delivery, but the
future of artificial intelligence in retail will be more
autonomous and personalized, with realistic scenarios
such as connected dressing rooms with displays, virtual
racks tailored according to data-defined personas,and a
great deal of personalization based on previous history
and trends, making customer choice less stressful and
chaotic.

THE FUTURE OF ARTIFICIAL
INTELLIGENCE IN BUSINESS AND
BANKING

Artificial intelligencewill become the dominant force in a
variety of industries over the next decade,thanks to AI’s
ability to lower costs, increase production, and improve
customer experiences. Banking, Business intelligence
and security are three of these industries. According to
British marketing insights firm IHS Markit’s analysis of
artificial intelligence in the banking industry, the global
business value of AI in Banking will reach $300 billion
by the end of 2030 (IHS Markit, 2019). Robo Advisors
will soon be commonplace in wealth management and
will be game changers in the banking industry. Robo
Advisors will saveboth wealth managers and customers
a significant amount of time. Banks of the future will
not only personalize their services and goods, but they
will also use artificial intelligence to personalize their
customers’ experiences. When you walk into a bank
branch,you will not be asked to show your identification

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