Harnessing power of AI to transform financial markets

Kenya is poised to leverage AI in reshaping its public services and beyond. PHOTO | SHUTTERSTOCK

In the dynamic world of finance, where fortunes can be made or lost with a single click, innovation is not a choice — it’s a necessity for survival. The financial industry has always been a breeding ground for technological advancements.

However, some companies have learned the hard way that ignoring innovation can lead to obsolescence. The list of such companies is long, from Motorola to Nokia, Kodak to Compaq, and Yahoo to BlackBerry.

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Note: The results are not exact but very close to the actual.