While cognitive technology is currently the largest area of interest for many businesses, several other emerging technologies are making their impact felt, or are poised to increase in importance in the coming years.
Features and articles
Internal best practice design and controls are critical tools to ameliorate the risks in deploying cognitive technologies. However, in particularly important cases, or where the risk is unacceptably high, organisations should consider bringing in additional expertise to validate their design principles, controls or the model itself.
Robust controls must be put in place during the creation of cognitive technologies and throughout their deployment to make sure they are working effectively and as intended, as well as to detect and flag any unexpected behaviour.
Organisations need to tackle the risks associated with adopting cognitive technology so that they can benefit from the potential efficiencies and insights that it can offer.
Cognitive and automation technologies such as artificial intelligence (AI) have drawn a great deal of interest, but also concern about the potential for bias and misuse. ICAEW’s Tech Faculty examines the risks associated with the adoption of emerging technology and how these risks can be tackled through internal controls and assurance.
The Corporate Finance Faculty and Drooms have published the world’s first research about the role of artificial intelligence in deals.
To find out how businesses and accountants are approaching this powerful new technology, we partnered with the Shanghai National Accounting Institute and Inspur to talk to IT, operations and finance professionals across China, which is playing a leading role in the development of the IoT.
This thought leadership report provides a rare insight into how digital transformation is being managed in practice across a range of different business settings, and highlights pertinent considerations for leaders undertaking their own transformation projects.
Webinars and recordings
Gain an insight into this emerging risk and opportunity for financial services firms and understand practical principles for exploring the possibilities in an ethical way
Alison Spottiswoode and Tim Grassam, from RPA software provider Blue Prism, offer practical insights into how to set up and run pilot robotic process automation projects in your organisation, drawing on the firm's 10 years of experience.
Finance in a Digital World
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The authors present a four phase approach to the implementation of artificial intelligence in a workplace, which allows for trust, which is a key condition for AI adoption, to be cultivated.
This article looks at how Artificial Intelligence is being used to help governments prepare readiness for epidemics with computer modelling in much the same way as they prepare for wars. It also mentions AI can help for patient isolation, contact tracing, treatment and vaccination.
Article describes how Internet-of-Things technology is helping a team of geologists from Canada's York University and the University of Zurich to ensure that the Valley of Kings heritage site maintains structural stability.
Each year Deloitte publishes its Global Robotics Survey where it asks businesses around the world about their awareness and implementation of RPA.
Report from the FRC's Financial Reporting Lab which covers background on Artificial Intelligence (AI), what it is and how it has developed and some of the potential use cases that AI has for corporate reporting. Some actions for all those involved in corporate reporting are given as recommendations.
Response to the Lords report 'AI in the UK: Ready, Willing and Able' which gives the Government's recommendations and plans for Artificial Intelligence in the UK
House of Lords Select Committee on Artificial Intelligence report of session 2017-19 whose 'recommendations are designed to support the Government and the UK in realising the potential of AI for our society and our economy, and to protect society from potential threats and risks'.
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