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Man, Machine & Money

A TFI knowledge sharing session
Posted on July 15, 2019

We live in a Cyber Society in which large amounts of personal data are continuously being analyzed and used to run artificial intelligence (AI) programs. How could people’s financial lives benefit from Big Data and the adoption of AI? This raises the question how the usage of data and AI could benefit our financial lives.

On July 9, the Think Forward Initiative and Amsterdam Innovation District TFI hosted the inspirational knowledge sharing session “Man, Machine, Money”. Distinguished experts in the field of data science, social sciences and digital technology shared thought provoking insights on the value of data. Do we need data and AI to make accurate predictions of human behaviour? And how should these predictions be interpreted? Gina Neff, Professor of Sociology at the University of Oxford, emphasized that Big Data could only be relevant when put into the right context. Data are not simply found and harvested, they are made and shaped in a social world!

Many more eye-opening insights were shared by the other speakers of the event including:

  • Prof. Gerd Gigerenzer (Director of the Harding Risk Literacy Centre at Berlin’s Max Planck Institute for Human Development);
  • Prof. Paul Ormerod (Economist and visiting professor at UCL);
  • Tony Smith (Global Head of Financial Services at Ipsos);
  • Mark Cliffe, ING’s Chief Economist;
  • Görkem Köseoğlu, ING’s Chief Analytics Officer.

Together they addressed how different fields of expertise can be combined to help people make smarter financial decisions.

Did this trigger your curiosity? Read the full article here.

The panelists of the Man, Machine, Money event (left to right, Tony Smith, Gina Neff, Mark Cliffe, Görkem Köseoğlu, Gerd Gigerenzer and Paul Ormerod)