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In Congress and in class: Rep. Don Beyer works toward master’s degree in AI
“Don Beyer isn’t the average student at George Mason University. He’s 73 years old. He prefers a notebook and pen to a laptop for note-taking. And he’s a top lawmaker on AI policy in Congress. The Virginia Democrat found AI fascinating, but the breakthrough came when he realized he could enroll in computer science classes…
AI in Banking: AI Will Be An Incremental Game Changer
“Despite that gradual onset, the potential for wide-ranging application of generative AI means the banking sector is among those likely to experience the biggest impact from the advancement. On an annual basis, generative AI could add between $200 billion and $340 billion in value (9%-15% of banks’ operating profits) if the use cases are fully…
AI is set to transform the banking sector, Boston Consulting Group says
“Banks are data-heavy industries and the transactional data of customers that they collect “provide many more insights than every other industry data set actually can,” said Stiene Riemer, partner at Boston Consulting Group.” https://www.cnbc.com/video/2023/11/14/ai-is-set-to-transform-the-banking-sector-boston-consulting-group-says.html
How generative AI is entering the conversation in banking
“Ally.ai, the bank’s cloud-based platform, which utilizes AI to transcribe contact center calls in real time, thereby freeing agents from multitasking and allowing them to focus on the client conversation, has already been deployed to more than 700 customer service reps.” https://www.americanbanker.com/list/how-generative-ai-is-entering-the-conversation-in-banking