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DeepNewz, mobile.
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Generative AI Is Coming for Your Bank. Maybe. @PaulJDavies on @mattcharris (@BainCapVC) presentation at the Newcomer Banking Summit https://t.co/0MQGgoEl88
Banks are fretting about getting good at #AI before their rivals. What they *should* be worried about is AI working well for everyone else. What saves banking as we know it then? >> Generative AI Is Coming for Your Bank. Maybe. https://t.co/4rHw5BePM9 via @opinion
Tech investors reckon that super-smart agents will soon upend the business model of traditional banks, but there are caveats, @PaulJDavies writes https://t.co/X7NFjLrJJu via @opinion
Tech investors believe that highly intelligent agents will disrupt traditional banks' business models. Concerns arise about banks needing to excel in AI to stay competitive. Generative AI poses a potential threat to the banking industry, emphasizing the importance of leveraging AI effectively.
