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AI & Machine Learning

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  • ChatGPT - What do SMEs need to know?

    The American startup OpenAI released their new AI chatbot ChatGPT at the end of 2022. Since then, anyone can chat online with the chatbot, ask it questions, give it commands or even have it write code. What changes for SMEs?

    AI & Machine LearningSophie Hundertmark7 minutes

  • Creating Sustainable Energy Supply - Cut Energy Costs and have a Path to Sustainability

    Based on the current outlook and scenarios for economic development in the energy crisis, this article will discuss the issue of the energy crisis and its impacts on the environment, sustainability and economy. It will also provide examples of how certain countries are dealing with the issue, and suggest possible solutions. An energy crisis is a situation where the demand for energy exceeds the supply of energy available, resulting in a shortage of energy and an increase in straight noticeable energy prices.

    Energy & EnvironmentDr. Dirk Sven Kircher, M.Sc., B.A.27 minutes

  • 5 steps to implementing AI in your business

    The term "artificial intelligence" describes various methods, processes and technologies. The areas of application are now so diverse that companies often need help finding the right starting point. To ensure that the integration of artificial intelligence succeeds and achieves the desired success, companies should consider their steps carefully.

    AI & Machine LearningDaniel Fallmann4 minutes

  • Why Artificial Intelligence (AI) will be the technology of 2023 and beyond

    Only 10 years ago, barely any machine could reliably provide language or image recognition. Today, machines have learned to outperform humans on many tasks. In the past few months, we’ve seen progress in AI capabilities that has impressed even skeptics. A “golden decade,” one researcher called it. In 2023 and beyond, we will see more such systems (especially Generative AI systems like ChatGPT) complementing or replacing us human creators in many areas.

    AI & Machine LearningBritta Daffner9 minutes

  • Predictions for the wealth management sector in 2023

    2022 was a bad year in wealth management, in fact one of the worst years in investment performance across most asset classes ever. But despite the extraordinary market conditions and macro-economic challenges, underlying gigatrends remained the same: demographics, the generational wealth transfer, and evolution of client expectation regarding products and services. In 2023, the combination of expectations and demands will continue to be demanding for wealth professionals; they will need to find ways to provide the holistic advice so in demand, Accordingly, pressure on traditional wealth managers and private banks continues. The need for transformation has become evident.

    Banking & Financial ServicesUrs Bolt8 minutes

  • Deep Learning vs. Machine Learning - Understanding the Differences

    Deep Learning and Machine Learning are two important technologies in the world of Artificial Intelligence (AI) and thus part of the umbrella term Data Science. Although they are sometimes used as synonyms, there are important differences between the two that need to be understood.

    AI & Machine LearningBastian Maiworm4 minutes

  • Professions of the Future - The Profound Transformation of the World of Work

    Demographic change, artificial intelligence and sustainability pose enormous challenges for organizations of all kinds, especially in human resources management. Which professions will still be needed in the future, and which will become less important? And how can employers define a sustainable path for themselves? This is where the perspectives of futurology or foresight can help.

    Recruiting & Talent AcquisitionKai Gondlach15 minutes

  • How will artificial intelligence change the way we work in social media?

    It's becoming increasingly clear that artificial intelligence is also gaining a foothold in the creative sector. It's becoming possible to create new, sophisticated content in a matter of minutes - but how will that affect our work in social media? We explored this question in this impromptu expert interview. Enjoy!

    AI & Machine LearningWolfram Müller7 minutes

  • China and Europe lead the way in regulating artificial intelligence (AI)

    EU Commission proposed April 2021 first-ever legal framework for AI. But some Asian countries are following suit, not only to lead in the development of AI systems but also to create a positive environment for the use of AI. Leading the way is China. Will a global set of rules from China soon follow?

    AI & Machine LearningBritta Daffner6 minutes

  • Lack of process understanding is main reason for RPA flops

    Understanding business processes is more important than ever for their efficient functioning, especially in times of crisis. A look at the use of innovative technologies, such as process mining, provides insights into the added value they contribute to improving processes. And it also reveals where organizations set priorities in this process, where they see challenges, and what the benefits are.

    TechnologyMarkus Pichler4 minutes