The Bank for International Settlements (BIS) Innovation Hub has published Part 3 of Project Symbiosis, providing a visual applied example of the approaches explored in the project. The paper sets out a hypothetical use case in the consumer goods sector, taking a specified product type from data collection through to a reduction assessment. Building on earlier project discussion, the note highlights that AI and related technologies can be better tailored and fine-tuned when specialised to the needs of a specific sector. The example is presented as generic, illustrating opportunities and challenges in using AI to support calculations and data matching.
Bank for International Settlements Innovation Hub publishes Project Symbiosis Part 3 applied example of AI-enabled calculations and matching
The Bank for International Settlements Innovation Hub has published Part 3 of Project Symbiosis, presenting a visual applied example of the project’s approaches through a hypothetical consumer goods use case from data collection to reduction assessment. The note illustrates how artificial intelligence can be better tailored to sector-specific needs and highlights generic opportunities and challenges in using artificial intelligence for calculations and data matching.