The arms race - City rivals ramp up AI tech for the battles ahead
08 March 2017 09:30
by Matthew Field, Madeleine Farman
After a 2016 inflection point for automation, which City players are going beyond the hype and pushing ahead in the use of AI?
It is like 1999 all over again. That year, the legal tech bubble reached bursting point as law firms fell over themselves to demonstrate their commitment to cutting-edge tech. And things started to feel familiar in 2016 as the Magic Circle took its first substantive steps into the sphere of artificial intelligence (AI). But while the investment and hype has expanded, so has the scepticism. Will this be the start of the long-anticipated automation revolution or another false dawn?