Ghost in the Shell: AI Expands Beyond Algos

“You can look at it through the lens of science-fiction movies, where there’s a machine, and over time it starts thinking for itself—that’s exactly what this is,” says Sameet Gupte, vice president and managing director for Europe at Virtusa, outlining the development and growth of artificial intelligence (AI) within the financial services industry over the past few years. It’s not a new thing, he says, relaying a brief story about how he came across AI development in a major Asian bank in 1997