Forbes Technology Council — August 9, 2019

In this article, Joe DeCosmo discusses how fintechs can leverage artificial intelligence to achieve better business outcomes.

There seems to be ongoing confusion between machine learning (ML) and artificial intelligence (AI). While often used interchangeably, the reality is that they’re not the same. Gartner defines AI as “applying advanced analysis and logic-based techniques, including ML, to interpret events, support and automate decisions, and take action.” According to this definition, machine learning is a vital precursor to achieving AI but not in itself AI.

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