The Future Of Money (FOM) Design Award competition calls for entries for 2018 and invites participation by creatives from all around the world.
This year, the challenge is to imagine a socially beneficial way AI could be used in the context of payments. An AI that holds the possibility of new hopes or dreams. A technology to empower the people, not enslave them or make them redundant. An Artificial intelligence that will empower the disadvantaged when it comes to money.
The top three entrants will have the opportunity to present their concepts at the Tomorrows Transaction forum — which takes place on the 24th – 25th April 2018, to an audience of financial experts and industry leaders.
Shortlisted projects will each be awarded with £600 for project development.
Project submissions could include for instance, an AI help the little guy unwrap and reclaim their overpaid tax? Or fight the algorithms behind price fluctuations in online shops? Or somehow act as a leveler against powerful but socially destructive institutions? Or could an AI bridge the gap between value in reality and its sometimes distorted monetary representation.
Winners will receive a FOM award and shortlisted entries will become part of the Future of Money archive.
The Future of Money Award has been running since 2009 and was created to develop links between the financial industry and creative practitioners from around the world.