Tag: Generative AI
Banks have used A.I. for decades—but now it’s going to take off like never before
“Sohoni, the senior partner at McKinsey, says that generative A.I. models, which ‘generate’ new content based on terabytes and terabytes of training data, can spread ‘personalization writ large’ across finance. This means that banks could conceivably generate custom credit cards with financial rewards directly targeted to a consumer who, for example, dines out more often…
Rolling Out A Generative AI Strategy In 2023
“74% of organizations that adopt AI into their marketing efforts have seen their revenue increase.” https://www.forbes.com/sites/forbestechcouncil/2023/07/17/rolling-out-a-generative-ai-strategy-in-2023/amp/
Companies Are Drowning in Too Much AI
Sharing Our Field Notes: The State of Generative AI in Financial Services
This is the most comprehensive analysis of Generative AI in Financial services that I’ve read to date, and I uncovered the article compliments of Ron Shevlin re-sharing a post from Matt Harris at Bain Capital Ventures. I highly encourage you to read the full post at the link below, but here are a couple of…