by UBS

Robotaxis: rollout, returns and the impact on mass transit

UBS Evidence Lab developed a simulation model for a fleet of taxis in NYC which concluded that the global market could be worth more than two trillion dollars by the end of 2030. Mass adoption of robotaxis will have far-reaching implications across many industries; new sector revenue streams, from ride-sharing to semiconductors, telecoms, tyres to battery makers industry, and car makers and their suppliers.

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Using AI to spot potential rogue traders

Rogue traders can cost banks billions. Now, some are using artificial intelligence programmes to flag suspicious behaviour, looking at everything from how traders phrase their emails to the times they use their computers. AI is also getting better at avoiding time-consuming false alarms, meaning banks’ compliance teams don’t get bogged down with vast amounts of data.

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