scholarly journals A Novel Approach of Analysis of the Banking Market, Case Study Bank Financial Institution

Author(s):  
Samuel Lara Escamilla ◽  
◽  
Ivett Vásquez Lagunas ◽  
Pedro Arturo Chávez Reyes ◽  
Felix Vázquez Martínez

This research explores the ideas raised through the authors Gaither and Frazier (2000). Reengineering arises when capacity needs change or market conditions change. These elements propitiate a transformation to a digital age. The digital age or digital revolution is based on new technologies and has as key factors: the Internet. Information technology. Big data. Artificial intelligence These changes and transformations force organizations to apply various reengineering plans to be able to cope with these changes and stay in the market and with their consumers. Reengineering is the fundamental change to get to the base of the organization's problems (Hammer and Champy, 1994), so it is very common for organizations to find themselves in constant changes in order to meet the demands of their markets, consumers. and competitors. The object of study of this research is to propose an autonomous system for the analysis of the banking market. Keywords— autonomous model, artificial intelligence, implementation, industrial revolution, e-commerce

Author(s):  
Ekaterina Aleksandrovna Ryzhkova ◽  
Evgeniya Konstantinovna Ryzhkova

The advancement of information technologies, change of expectations and consumer habits, as well as transformation of the social, economic, and political situation in the world entailed infiltration of digital technologies into all spheres of social life. Due to the need for the development of adequate legal regulation of relations arising in the digital sphere, determination of the limits and capabilities of artificial intelligence used for solution of versatile issues, the author highlights the priority direction for the development of law and its theoretical framework and practical aspects in the technologically advanced countries of the world. The progress of information technologies contributed to the development of law, having established its new institution of digital law. However, the essence of digital law is currently being reduced to regulating the new digital form of previous relations. The revolutionary achievement of digital law became the institution of artificial intelligence. The novelty of this research is lies in the statement that the achievements of digital technologies and transformations caused by them have received the name of the “third industrial revolution”, and usually, the revolutionary achievements find their legislative consolidation. Development and implementation of new technologies require their thorough regulation, namely with regards to formulation of concepts, criteria, and the subject matter. The development of the Institution of artificial intelligence actualizes the question of the parties to digital relations. Thus, the issues united by the concept of “digital law” do not fully reflect its essence and do not foresee the upcoming changes.


Author(s):  
Ewa Suknarowska-Drzewiecka

The digital revolution, also called the fourth industrial revolution, constitutes another era of change, caused by the development of computerisation and modern technologies. It is characterised by rapid technological progress, widespread digitisation and an impact on all areas of life, including the provision of work. The changes affecting this area are so significant that there are proposals to remodel the definition of the employment relationship in the Labour Code. New forms of employment, which do not fit the conventional definition of an employment relationship, are emerging and gaining importance. An example could be employment via digital platforms. At the same time, there are also employment forms that do fit that definition, but deviate from the conventional understanding of the terms and conditions for performing work, which have undergone modification due to the use of new technologies. Teleworking, or working outside the employer’s premises, are examples of that. Employers get further opportunities to organise and control work, which often raises concerns due to the employee’s right to privacy, the protection of personal rights and personal data.


2020 ◽  
Vol 8 (5) ◽  
pp. 42-48
Author(s):  
Yulia Matyuk

The article analyzes the risks and new opportunities that arise before man and modern society in the light of the development of artificial intelligence and robotics in the conditions of the fourth industrial revolution. The rapid development of AI indicates the absence of uniform approaches to assessing the risks and prospects associated with the use of AI. Using PESTEL analysis, the article examines the key areas of interaction between AI and humans, new challenges and prospects that open to humanity in the era of new technologies.


2018 ◽  
Vol 18 (71) ◽  
pp. 55-87 ◽  
Author(s):  
Juan Gustavo Corvalán

This article addresses the impact of the digital era and it specifically refers to information and communication technologies (ICT) in Public Administration. It is based on the international approach and underscores the importance of incorporating new technologies established by the United Nations and the Organization of American States. Thereon, it highlights the Argentine Republic national approach towards ICT, and how it has moved towards a digital paradigm. It then emphasizes on the challenges and opportunities that emerge from the impact that artificial intelligence has in transforming Public Administration. Finally, it concludes that the key challenge of the Fourth Industrial Revolution is to achieve a boost towards a Digital and Intelligent Administration and government, which promotes the effectiveness of rights and an inclusive technological development that assures the digital dignity of people.  


2019 ◽  
Vol 2 (1) ◽  
pp. 47-57
Author(s):  
Serkan Kaya ◽  
Muhammed Danyal Khan ◽  
Rao Imran Habib

Current Traditional litigation in courts is still considered as the main dispute resolution forum for civil disputes. However, as a result of the digital revolution of society, traditional litigation has become very slow, expensive, formal, and complex. To meet the requirement of the digital age regarding the resolution of disputes, Online Dispute Resolution which is a combination of Alternative Dispute Resolution with Information Communication Technology, has become the new trend for resolving disputes. This article critically examines the use of Artificial Intelligence in ODR and gives some successful examples of global ODR services.


2021 ◽  

With increasing digitalization and the evolution of artificial intelligence, the legal profession is on the verge of being transformed by technology (legal tech). This handbook examines these developments and the changing legal landscape by providing perspectives from multiple interested parties, including practitioners, academics, and legal tech companies from different legal systems. Scrutinizing the real implications posed by legal tech, the book advocates for an unbiased, cautious approach for the engagement of technology in legal practice. It also carefully addresses the core question of how to balance fears of industry takeover by technology with the potential for using legal tech to expand services and create value for clients. Together, the chapters develop a framework for analyzing the costs and benefits of new technologies before they are implemented in legal practice. This interdisciplinary collection features contributions from lawyers, social scientists, institutional officials, technologists, and current developers of e-law platforms and services.


European View ◽  
2018 ◽  
Vol 17 (1) ◽  
pp. 5-12 ◽  
Author(s):  
Matthias Schäfer

The fourth industrial revolution is different from the previous three. This is because machines and artificial intelligence play a significant role in enhancing productivity and wealth creation, which directly changes and challenges the role of human beings. The fourth industrial revolution will also intensify globalisation. Therefore, technology will become much more significant, because regions and societies that cope positively with the technological impact of the fourth industrial revolution will have a better economic and social future. This article argues that the EU can play an important role in developing an environment appropriate for the fourth industrial revolution, an environment that is vibrant and open to new technologies. Member states would profit from an EU-wide coordinated framework for this area. The EU has to establish new common policies for the market-oriented diffusion and widespread use of new technologies.


2022 ◽  
pp. 1-7

This chapter analyzes the evolution of civilization via the concept of civilizational waves. Seven waves are identified: (1) the agricultural wave, (2) the industrialization wave, (3) the information wave, (4) the globalization wave, (5) the virtualization wave, (6) the bio-material wave, and (7) the artificial intelligence wave. After discussing the key characteristics of each wave as well as their impacts upon civilization, the chapter then analyzes and discusses the two most important revolutions in the last 220 years: the Industrial Revolution and the IT Revolution. The chapter also develops a model showing the relationship between the civilizational waves and revolutions.


2020 ◽  
Vol 15 (4) ◽  
pp. 92-99
Author(s):  
M. Koshmarov

Introduction. The object of study is the modern society in a wide, common to all mankind sense. The subject of the study are technologies of artificial neuronic networks.The aim of the study is analysis and forecast of application of artificial intellect in short- and long-term perspective of the development of the society.Materials and methods. The methodological basis of the study are traditional scientific methods applied in political sciences and economic sciences, combined with new terminology, in order to describe contemporary phenomena – analysis, synthesis, historical method and others.Research result. The article studies possible perspectives of development of existing technologies of artificial neuronets (artificial intelligence) and its application to the production of public consent. The analyzed possibilities of these technologies when applied to the optimization of production, include economy of resources, solution of ecological problems, and national security in the context of terrorism threat. The possibilities of the use of the artificial intelligence technologies by the world leading governments are also studied. The article presents a study of the contemporary application of technologies of artificial intellect and an analysis of perspectives of their application in future together with analysis of the risks of the use of new technologies in the context of the threat of terrorism.Discussion and Conclusion. The concept of infocapsule and the technology of its creation are described. The research of the phenomenon of the singularity of propaganda presented in the article allows to extrapolate the obtained results to the contemporary trends of the evolution of the society. It is argued that the state regulation of the new technologies is necessary.


2019 ◽  
Vol 13 (4) ◽  
pp. 62-71
Author(s):  
Yiju Liu ◽  
E. F. Avdokushin

The article focuses on the analysis of the innovative component of the Chinese initiative “One Belt, One Road” and its positioning as a “Digital Silk Road”. The Chinese initiative “One Belt, One Road” as its practical implementation demonstrates its new features and peculiarities. The article analyses the practice of introducing new technologies into production in Chinese enterprises, as well as interaction with Russian and Kazakhstan companies. The article is based on the problem-factual principle of presentation of the material using the method of factor analysis of information obtained in the course of economic and statistical data collection and processing. The primary sources used in the present article are mainly the original works of Chinese authors, as well as publications in Russian scientific journals and the media. Electronic commerce, as well as several new technologies used on the routes of the new silk road like the Internet, artificial intelligence, big data, cloud computing, blockchain, are becoming a basis of new Silk Road. The transition to the digitalisation of the new Silk Road is determined by the significant achievements of China in the development of electronic commerce, artificial intelligence, FinTech. The concept of digitalisation includes the main imperatives of the “Fourth industrial revolution”, which are beginning to be introduced along the routes of the economic belt of the Silk Road.


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