How will the application of AI and machine learning continue to advance ?
BANKING potential , and more pilot programmes will continue into 2024 .
The unexpected collapse of multiple large crypto firms such as FTX , Blockfi , Celsius and Voyager marked the beginning of a prolonged crypto winter . Investor trust has waned , and regulatory clarity will be crucial to restore confidence , without which renewing mainstream growth for crypto might prove to be difficult .
A key development that could renew mainstream cryptocurrency growth includes the upcoming implementation of the Markets in Crypto-Assets ( MiCA ) regulation in the European Union ( EU ) that aims to enhance consumer protection and transparency for EU crypto activities .
Additionally , if more traditional financial institutions and wealth management firms expand their involvement in the cryptocurrency space by offering new services related to digital assets , it could serve to bolster investor confidence as they see the support of a reputable institution behind it .
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How will the application of AI and machine learning continue to advance ?
Yasuhide Matsumoto It is speculated that AI will greatly evolve not only in industrial fields such as manufacturing and finance , but also in areas more familiar to us in our daily lives . First , as AI advances , the scope of data use will broaden .
In addition , as data sets expand and diversify , AI systems and applications are expected to improve beyond their traditional scope . For example , AI and machine learning
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