AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Banking Transformed with Jim Marous
Generative AI: Hit the Gas or Pump the Break?
Oct 31, 2023
In this episode, the host interviews Ron Shevlin about generative AI in financial services. They discuss the potential and limitations of generative AI, its various applications in the industry, addressing bias and fairness, and the role it plays in enhancing productivity and creativity. They also provide insights on navigating the challenges of adopting generative AI and emphasize the significance of data utilization.
43:53
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Financial institutions need to explore the applications of generative AI and navigate practical realities and limitations.
- Generative AI can enhance productivity and problem-solving across various departments in financial institutions, such as product redesign, HR recruitment, and proactive chat bots.
Deep dives
The Potential of Gender of AI in Financial Services
In this podcast episode, Ron Sheblatt, Chief Research Officer at Cornerstone Advisors, discusses the potential of gender of AI in financial services. He emphasizes the need for financial institutions to explore the various applications and use cases for generative AI. He highlights that while there is hype surrounding the technology, it is important to navigate through the nuances and understand the practical implications and limitations. Ron also touches on the competitive and regulatory landscape, urging financial leaders to prepare for an AI-powered future by focusing on productivity improvement and creativity enhancement. He emphasizes the importance of responsible deployment of AI solutions in banking.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode