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Fnord666 writes with a thought provoking article about integrating AI developments into our financial world:

Money makes the world go round, or so they say. Payments, investments, insurance and billions of transactions are the beating heart of a fractal economy, which echoes the messy complexity of natural systems, such as the growth of living organisms and the bouncing of atoms.

Financial systems are larger than the sum of their parts. The underlying rules that govern them might seem simple, but what surfaces is dynamic, chaotic and somehow self-organizing. And the blood that flows through this fractal heartbeat is data.

Today, 2.5 exabytes of data are being produced daily. That number is expected to grow to 44 zettabytes a day by 2020 (Source: GigaOm). This data, along with interconnectivity, correlation, predictive analytics and machine learning, provides the foundation for our AI-powered future.

takyon: ComputerWeekly actually reports that, "The amount of data on the planet is set to grow 10-fold in the next six years to 2020 from around 4.4 zettabytes to 44ZB. That's according to IDC's annual Digital Universe study, which also predicted that, by 2020, the amount of information produced by machines, the so-called internet of things, will account for about 10% of data on earth."

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