Jul 5, 2018
Imagine if in the early 2000's AI based computers were responsible for reviewing all mortgage applications before final approval was given. Imagine further that they were drawing on the big data repository of mortgage information for the past 30 years. It is highly likely that the real estate bust would have never occurred or that it would have been greatly mitigated. While you didn't need AI to know what was going to happen, it certainly could have shown in great detail the inevitable damage that would be inflicted upon the global financial system. And it would have given political leaders advanced warning and a real reason to start reigning it in. Perhaps in 2020 AI will avoid the next great real estate bust. But, we'll never know. This is just one example of the projects that Globalive is working on right now. Its work will be felt in medicine, media and virtually every other aspect of our world. The company just went public and you can find out more by clicking here!
There's a whole new world in front us and it will be ushered by a convergence of new technologies, AI, Blockchain and others we haven't yet dreamed of.