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Applications of Machine Learning and AI in Banking and Finance in 2023

Analytics Vidhya

Introduction Could the American recession of 2008-10 have been avoided if machine learning and artificial intelligence had been used to anticipate the stock market, identify hazards, or uncover fraud? The recent advancements in the banking and finance sector suggest an affirmative response to this question.

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Using Machine Learning to Improve Cryptocurrency Mining Profitability

Smart Data Collective

Satoshi Nakamoto introduced the world to bitcoin in 2008. Advances in AI and machine learning technology have been important in setting the trend for bitcoin. They are discovering that machine learning technology can help them achieve this goal. It is conducted by highly sophisticated machine learning algorithms.

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Pandas 2.0

Analytics Vidhya

It was founded by Wes McKinney in 2008. Introduction If you work with programming languages and are familiar with Python, you must have had a brush with Pandas, a robust yet flexible data manipulation and analysis library. appeared first on Analytics Vidhya.

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How to Become a Data Scientist After the 12th Standard?

Analytics Vidhya

Although the term ‘Data Science’ was coined in the 1970s, it became a buzzword only in 2008 and has since captivated the minds of young professionals. Introduction Data science is a booming industry in the global IT and business sector, with a lot of youngsters wanting to pursue a career in it.

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AI’s ‘SolarWinds Moment’ Will Occur; It’s Just a Matter of When

O'Reilly on Data

The financial collapse of 2008 led to tighter regulation of banks and financial institutions. Examples of organizations providing insight and resources on ethical uses of AI and machine learning include ? His article, titled, Can machines learn how to behave? is worth reading.

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Managing machine learning in the enterprise: Lessons from banking and health care

O'Reilly on Data

As companies use machine learning (ML) and AI technologies across a broader suite of products and services, it’s clear that new tools, best practices, and new organizational structures will be needed. Machine learning developers are beginning to look at an even broader set of risk factors. Image by Ben Lorica.

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What is Model Risk and Why Does it Matter?

DataRobot Blog

The stakes in managing model risk are at an all-time high, but luckily automated machine learning provides an effective way to reduce these risks. As machine learning advances globally, we can only expect the focus on model risk to continue to increase.

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