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How Artificial intelligence will change Everything

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fugenx technologies
How Artificial intelligence will change Everything

Artificial intelligence is not a technology, but a group of related languages - natural language processing, machine learning (computer programs that can "learn" when exposed to new data) and expert systems (software programmed to provide advice) - that make machines understand, understand, and operate in ways similar to the human brain.

These technologies are behind innovations such as virtual agents (animated characters that serve as computer-generated, online customer service representatives), identity analytics (solutions that combine big data and sophisticated analytics to help manage user access and authentication), and recommendation systems (matching algorithms).

These processes are largely standard and normative, but still involve large numbers of people who perform low-value-added tasks (often in reconciliation and integration).

Software used in RPA is coded to meet the "bots" rules and some exceptions, but it is an additional layer of machine learning in more complex challenges and frequently changing tasks, which makes the combination of RPA and AI particularly powerful.

AI provides speed and accuracy - the entire reporting and disclosure process, for example, can be undertaken in real (or almost real) time.

Instead of waiting until the end of the quarter, the finance team, empowered by AI, can detect and adjust issues more quickly than is possible today, increase accuracy and eliminate periodic endeavors.

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