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Canada’s banks are turning to artificial intelligence to better serve client needs. TD Bank’s acquisition of Toronto’s Layer 6 AI is also an example of how Canada is becoming a tech talent incubator.
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"Anticipate needs in real time." Great. More harassment!
Canada will have no future in the next few decades
Bitcoin was created by AI. This isn't a good idea guys …
Personal data, location, fingerprints, face id, now our habits and purchases analysis…you know…enuf! They just can’t stop! And all this comes in under a disguise of “serving you better” pretty much like NSA’s “defending you better”. This is not the future I dreamt of. It’s 1984.
It's more or less AI will track your spending habits then tempt you into purchasing, with offers of bank loans, depending on the amount you have in the bank, you'll now become their highly respected number one customer, it's a play on our ego. And who will be paying for all this, transactions that zip through the air and targets your bank accounts, a special CEO to be paid high income and our fee's will increase of course. People should realize that cash in your hands has nobody following your spending habits, the technology to study your spending habits, credit cards, shoppers drug mart cards, air miles card, and many more, if our society values their privacy this is a just another step in publicly invading it.
Just another excuse for increased surveillance.
Biblical Scripture is being fulfilled daily. All roads are leading to the mark of the beast (666) and the glorious return of Jesus Christ!
Revelation 13:16,18 — "16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: 17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. 18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.
You know that means? Skynet! Let's hope that the A.I. is not self aware.
Isn't this the same as what's China government is doing? They track everything mobile network. When A.I. take over how many people lose there jobs. Teacher don't teach any more. Everything computerized in schools. May it be college elementary preschool or high school. University campus is filled with students. Where are the processor? Obsolete course are being shut down. No need to make baby.
Great piece CBC, too bad every time you guys enable comments it becomes a total mess.
Sheesh
Bitcoin. Gold. Silver. Cash. There is no need for a bank when it has nothing good to offer you.
Pure BS. Wish you'd really called them out on it.
Don't worry – in a few years the big banks will be obsolete as feeless cryptocurrencies and ultra-low-interest distributed microlending platforms eat their lunch and save us all money!
These things are stealing jobs, but instead all that we hear is "That brown person is taking all the jobs!"
Let’s hope A.I. Research will help us understand more risks than we just see in the movies, and that the benefits of these technologies will help us improve humanity.
One step close to the future I imagine… and a movie or a game. If I can… What I am doing in Ukraine :((((
1984.
I get frisky about finances, when GEORGE SOROS is connected to the Canadian Government, through justin trudeau?
it should minimize identity theft, and fraud! "BUT WILL IT??????????????
Aka fees are going to be increased, and you would leave the bank office with products you really don't need.