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Discussion on: What is Machine Learning - Easy explanation in 5 minutes

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Kateryna Kyianka

Thank you for this interesting article. The theme of the role of AI nowadays is trendy and widely discussed. Several days ago, I came across this article about AI and machine learning in the finance sphere. Experts from Avenga(an IT company) gathered lots of information about the pros and cons, future trends, and statistics of using AI for banking and finance. The most shocking information for me was about the decreasing tendency of physical visits to bank offices. Research showed that in 2020 89% of customers prefer to use banking apps, according to Business Insider Intelligence’s Mobile Banking Competitive Edge study. If you want to find out more, here you can access and read.