For years now, we have seen crazy things that Artificial intelligence (AI) can do like creating people who do not actually exist, creating virtual landscape and analyzing thousands or even millions of files and linking them together. Better yet, researchers at IBM have now come up with a new AI-driven technology that can convert a portrait photo into an amazing classical art painting. None of these applications could have been thought to be possible a few decades ago.

When it comes time that an AI passes the Turing Test, life as we know it will shift. There will be significant ethical ramifications to which we currently don’t have ways to address. However, we better figure it out soon because this day is coming faster than you think.

The financial industry is driven by new and innovative technologies that are expected to force a total change and growth to all businesses if they want to remain competitive, reduce human error and increase productivity. One such technology disrupting the financial industry is Robotic Process Automation (RPA); user-friendly software that uses artificial intelligence and machine learning capabilities to handle high volume/repetitive task and also increase credibility and efficiency.