2min chapter

Artificial Intelligence and You cover image

149 - Guest: Alexandra Mousavizadeh, Strategic Intelligence Expert, part 1

Artificial Intelligence and You

CHAPTER

The Conflict Between AI and Bank Risk Tolerance

Banks are highly regulated and already have well-established risk monitoring systems. It's not that easy to implement AI systems in a highly regulated sector, especially when it has something to do with customer data. But I think people listening might be still thinking all that regulation didn't stop Silicon Valley bank from failing. That was not an AI issue. You could argue that actually if they had better AI-driven risk management on the portfolio of the bank ... maybe that would have been something that helped them avoid collapse.

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