AI is reshaping all industries as it captivates the public with its limitless potential. Many in financial services have strong reservations about the technology, but it is here and is not going away. How can banks harness the opportunities of AI, from reducing costs to maximizing the customer experience, while managing its shortcomings?
Today we revisit a few of the most interesting topics we covered this week, including the dire state of child care in some rural communities, the impact social media has on the people who use it, and a new push to cap payday loan rates.
Unsupported beliefs have taken precedent over readily identifiable truths in discussions of health, science, and politics. The upshot: “Feelings trump facts” in social media, news reports, books, and other sources of information.