ChatGPT and Generative AI in Banking: Reality, Hype, What's Next, and How to Prepare
ChatGPT, a generative AI-powered conversational chatbot developed by OpenAI, is the talk of 2023. In the banking industry, generative AI will help create marketing images and text, answer customer queries via virtual assistants, and produce data that will make machine learning applications more accurate and efficient.Generative AI could revolutionize various verticals within banking.
Over the course of the next three years, there will be many promising use cases for generative AI. The most valuable and viable are expected to be seen for fraud support, personalized offers, virtual assistants, and wealth planning. Although there are many positive use cases, generative AI is not currently suitable for loan decisioning, trading, and compliance.
While generative AI's influence may seem to be everywhere all at once, it will take time for industries to fully embrace its disruptive impact. Want to learn more about ChatGPT and Generative AI in Banking?Sign up for notifications from Insider! Stay up to date with what you want to know.Get a daily newsletter packed with stats about trends affecting your industry. Sign up for Chart of the Day.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Generative AI Aims to Bring Efficiency to the Production ProcessFor all the alarm bells it sets off, generative AI aims to bring efficiency to the production process and lower barriers to content creation
Weiterlesen »
Create generative AI video-to-video right from your phone with Runway’s iOS appA mobile app from the “optical toy” phase of generative AI.
Weiterlesen »
Google Debuts Cybersecurity-Focused AI SystemGoogle’s cloud unit has launched a platform integrating its threat intelligence and cybersecurity operations services with generative artificial intelligence
Weiterlesen »
Europe sounds the alarm on ChatGPTBARCELONA — Alarmed by the growing risks posed by generative artificial intelligence (AI) platforms like ChatGPT, regulators and law enforcement agencies in Europe are looking for ways to slow humanity's headlong rush into the digital future.
Weiterlesen »
ChatGPT is actually good news for the office (Opinion)Everyday automation says that the way to be more productive and earn more money is to use...
Weiterlesen »
Europe sounds the alarm on ChatGPT“If a potential criminal knows nothing about a particular crime area, ChatGPT can speed up the research process significantly by offering key information that can then be further explored in subsequent steps,” the Europol report stated.
Weiterlesen »