AI in Banking: AI Will Be an Incremental Game
Changer
https://www.spglobal.com/en/research-insights/featured/special-editorial/ai-in-banking-ai-will-be-an-incremental-game-changer
https://www.spglobal.com/en/research-insights/featured/special-editorial/ai-in-banking-ai-will-be-an-incremental-game-changer
Wall Street Bosses Turn to AI to Help Write
Performance Reviews
https://www.bloomberg.com/news/articles/2023-11-17/wall-street-bosses-turn-to-ai-to-help-write-performance-reviews
https://www.bloomberg.com/news/articles/2023-11-17/wall-street-bosses-turn-to-ai-to-help-write-performance-reviews
https://www.washingtonpost.com/opinions/2023/11/17/ai-big-banks-risks/
Last year, JPMorgan Chase — whose chief executive, Jamie Dimon, is as rapturous about artificial intelligence as he is dubious of cryptocurrency — invested hundreds of millions of dollars in AI and claimed a profit of about $1.5 billion. It’s reportedly at work on an AI tool to help investors pick stocks. “AI is penetrating every nook and cranny of these banks,” says Alexandra Mousavizadeh, chief executive of Evident, a research company that measures AI adoption in financial services. “They’re using it for credit decisions, fraud detection, personalization, operational efficiency, trading, you name it.”