![[Jincai Review] Leading Internet Enterprises Gathered at the World Intelligence Congress](http://img.wicongress.org.cn/0/994/li7pLLdFsFho_300.jpg)
On the platform of the World Intelligence Congress, there are numerous speeches related to artificial intelligence, intelligent technology, and the intelligent era.
2021 marks the beginning of the 14th Five-Year Plan. It is the historical intersection of the two hundred years. It will also usher in the centenary of the Communist Party of China.
Artificial Intelligence is transforming the world at a rapid and accelerating pace, offering huge potential, but also posing social and economic challenges. Human beings are naturally fearful of machines – this is a constant. Technological advancements tend to outpace cultural shifts. It has taken the shock of a global pandemic to accelerate the uptake of many technologies that have been around for at least a decade.
Tackling carbon emissions is one of the biggest challenges faced by the world today. For big business, this means making a strategic and managed move towards increasing the use of renewable energy sources, as well as creating efficiencies across all aspects of their operations.
The rise of artificial intelligence and machine learning has made it possible for businesses to automate processes and boost productivity in ways that were unheard of even just a few years ago. Technology has made inroads into almost every industry, leading some workers to become nervous about being rendered obsolete.
Over the last few months, I have been writing about the imperative for board directors and CEOs to tighten their AI governance practices. This blog discusses how Mindbridge.ai, a Canadian fintech company, is using AI to detect anomalous financial risk patterns from transactions, unintentional errors and intentional misrepresentations in order to reduce financial loss, corporate liability risk, and fraudulent reporting. It also reinforces the imperative for board directors and CEO’s to ensure AI governance and innovation is applied more rapidly to modernize businesses. Change or Die!
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