“Morgan Stanley’s AI assistant is built on the bank’s internal data, sorted to separate what can only be shared internally and what clients can see. Answers to prompts come with supporting citations. https://www.axios.com/2024/04/12/banks-ai-morgan-stanley
Tag: Digital Transformation
Jamie Dimon says AI may be as impactful on humanity as printing press, electricity and computers
“Jamie Dimon, the veteran CEO and chairman of JPMorgan Chase, said he was convinced that artificial intelligence will have a profound impact on society. In his annual letter to shareholders released Monday, Dimon chose AI as the first topic in his update of issues facing the biggest U.S. bank by assets — ahead of geopolitical risks, recent acquisitions…
A Wharton professor explains why most jobs will be impacted by AI
“Take my role as a business school professor. As the 22nd most overlapping of 1,016 jobs, I am a little concerned. But my job isn’t just a single, indivisible entity. Instead, it comprises a variety of tasks: teaching, researching, writing, filling out annual reports, maintaining my computer, writing letters of recommendation, and more. The job…
I just had a conversation with an empathic AI chatbot — and it creeped me out
“EVI stands for Empathic Voice Interface, and the web-based voicebot will be available for other companies to use in their products. We could see future call centers powered by AIs capable of responding to anger with empathy and understanding.” https://www.tomsguide.com/ai/i-had-a-conversation-with-evi-the-new-empathic-ai-voicebot-from-hume
Is it Already Too Late to Get Started with GenAI? No, But the Clock’s Ticking – The Financial Brand
“In Accenture’s report, “The Age of AI: Banking’s New Reality,” 32 banking functions are identified as having potentially high impact from generative artificial intelligence, and aspects of marketing account for only three — lead origination, new offer management and digital content creation and management. Also on the 32-item list: business banking relationship management, wealth management advisory…