Fintech Magazine: AI and the future of global trade

Ask the public about Artificial Intelligence (AI) and its application in our lives and some people immediately jump to dystopian, doomsday scenarios where robots have taken over the world. While this has made a good plot for Hollywood, the reality is rather different. What many don't realise is that AI and its subset, machine learning, already forms a central part of our day-to-day lives.

Those new products that Amazon suggested you add to your shopping cart? AI. That gripping TV series you watched on Netflix via an automated recommendation? AI. That self-driving Tesla car you crave to take for a spin (or rather, takes you for a spin)? Yes, you guessed it – its AI!

Today, there’s not a single industry that is not being re-shaped by technology in one form or another. Until recently, however, there was one noteworthy exception to this: global trade. Fortunately, that too is slowly changing.
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