“Jassy said during the company’s Q2 earnings call on Thursday that ‘every single one’ of Amazon’s businesses had ‘multiple generative AI initiatives’ going on. He called AI a ‘significant investment and focus’ for the company, adding that the tech was going to be ‘at the heart of what we do.’” https://www.businessinsider.com/amazons-teams-working-generative-ai-ceo-says-andy-jassy-2023-8?amp
Tag: Generative AI
Generative A.I. will upend the workforce, McKinsey says, forcing 12 million job switches and automating away 30% of hours worked in the U.S. economy by 2030
“For those who remain in their current jobs, the nature of their work will change dramatically as 30% of their work hours will be automated away by generative A.I. ‘It is important to note that automation adoption is not the same as eliminating jobs,’ the report says. ‘Many jobs with some automatable tasks will remain,…
What Banking and Tech Leaders Are Saying About Generative AI
“Generative artificial intelligence is just a fad. Or it’s a game-changer. You aren’t moving quickly enough with AI. Or you can’t move quickly because it’s dangerous. Really, what the heck is everybody saying about this increasingly versatile and seemingly ubiquitous technology? Here’s a sampling of perspectives from across the industry.” https://thefinancialbrand.com/news/data-analytics-banking/artificial-intelligence-banking/what-banking-tech-leaders-say-about-generative-ai-165011/
How Would Generative AI Be Used in Banking? | Bain & Company
“Explore the use cases with the highest potential in the banking sector.” https://www.bain.com/insights/generative-ai-banking-interactive/