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Questions and Answers
Artificial Intelligence has only recently become an integral part of fast-paced industries
False
Artificial Intelligence was originally introduced in fairy tales and fiction books
True
Executive managers and business owners are not actively exploring new AI use in finance and other areas
False
Less than 70 years have passed since the term Artificial Intelligence came into existence
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People often realize the extensive involvement of Artificial Intelligence in their day-to-day life
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What are the two main concepts mentioned in the text?
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Where is potentially actionable information already coming from?
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What kind of data is described as 'unstructured' in the text?
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What is spawning massive artificial environments where every action, word, and decision is recorded and stored?
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What will soon be possible to monitor and/or measure nearly everything in real time?
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Study Notes
The History of Artificial Intelligence
- Artificial Intelligence (AI) originated from fiction books and fairy tales, such as The Tinman from The Wizard of Oz and Maria from Metropolis
- The term "Artificial Intelligence" was coined less than 70 years ago
AI in Modern Life
- AI has become an integral part of fast-paced industries, including finance
- Executive managers and business owners explore AI use to gain a competitive edge
- AI is often involved in day-to-day life, but its presence often goes unrecognized
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Description
Test your knowledge of the growing impact of Artificial Intelligence (AI) in financial services with this quiz. Explore six real-world examples and discover the transformative potential of AI in fintech.
