In recent years four important technological developments have created new opportunities in many walks of life. What are they? First, there has been a huge increase in the computational and data processing power of IT systems. Secondly, data have become available on an unprecedented scale. Thirdly, the costs associated with the storage of data have fallen. And, fourthly, increasingly sophisticated software services have come onto the market.
{"title":"Financial technology","authors":"Lord Hodge","doi":"10.4324/9780429344015-2","DOIUrl":"https://doi.org/10.4324/9780429344015-2","url":null,"abstract":"In recent years four important technological developments have created new opportunities in many walks of life. What are they? First, there has been a huge increase in the computational and data processing power of IT systems. Secondly, data have become available on an unprecedented scale. Thirdly, the costs associated with the storage of data have fallen. And, fourthly, increasingly sophisticated software services have come onto the market.","PeriodicalId":236531,"journal":{"name":"Artificial Intelligence and the Law","volume":"31 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-10-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121626329","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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