The Alberta Investment Management Corp. is partnering with machine learning company AltaML Inc., to build artificial intelligence and machine learning applications for the investment management space. This joint venture will leverage the AIMCo’s expertise in investment management and AltaML’s technological and development capabilities. The partners are working on use cases, or mini projects, in both […]
Whose jobs are put most at risk by artificial intelligence and automation? Common wisdom says it’s men, particularly blue collar men whose jobs are primarily manual labour, such as factory workers put at risk by robotics or truck drivers put at risk by the advance of driverless cars. However, the truth is more complicated. Many […]
Given the volume and depth of data available in benefits plans, as well as the complexity of problems to be solved, machine learning and broader artificial intelligence are unquestionably the future of plan and member health management. That said, there are some important challenges for plan sponsors to consider as they look at these new […]
The Canada Pension Plan Investment Board and the Public Sector Pension Investment Board are part of a group investing in a new US$350-million fund focused on artificial intelligence. Radical Ventures, the company launching the fund, is a venture capital firm that invests in entrepreneurs involved in technology aimed at developing AI products, or applying AI, to […]
While the term artificial intelligence was first coined in 1956 and has come in and out of vogue, it’s likely here to stay this time, said Paulo Salomao, managing director of asset management and pensions at Accenture, speaking at the CFA Society Toronto’s annual spring pension conference on March 28. An AI winter isn’t on […]
Artificial intelligence and blockchain are buzzwords in virtually every industry, but there are specific ways these technologies can make improvements in the pension world, according to Serge Boccassini, manager for defined contribution product solutions at Northern Trust. “How can it be used to help people save more for retirement [and] save better for retirement? And […]
More than three-quarters (79 per cent) of executives said they expect contingent and freelance workers to substantially replace full-time employees in the coming years, according to Mercer’s latest survey on global talent trends. While predictions vary by industry, the survey found the financial services industry is expected to have a workforce that’s 80 per cent freelance in […]
The Caisse de dépôt et placement du Québec has created a fund worth $250 million dedicated to artificial intelligence and Quebec businesses with a proven track record in AI. The fund’s aim is to increase growth in businesses offering products based on AI and to accelerate the commercialization of these solutions. “Since Montreal is emerging as a […]
Green Shield Canada is partnering with HBM+’s health benefits management solutions provider division to introduce an artificial intelligence-based fraud detection strategy. Under the new Claim Watch banner, the new platform finds and compiles data, identifying patterns to unearth suspicious activity. “We’re very proud of what GSC and HBM+ do in the fraud detection and prevention […]
Three-quarters (77 per cent) of Canadian executives predict significant disruption in human resources in the next three years, according to Mercer’s 2019 global talent trends study. The study, which polled more than 7,300 senior business executives, HR leaders and employees from 16 countries, found this is higher than expectations from the U.S. (65 per cent) […]