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The AI in Business Podcast cover image

Leveled Approaches to AI for Asset Management Challenges - with Aman Thind of State Street

The AI in Business Podcast

NOTE

Embrace Change, Navigate Ethics

The current wave of artificial intelligence presents a pivotal moment akin to the advent of the internet or mobile technology. Successful companies throughout history have adeptly recognized and adapted to significant changes, leveraging them to propel their growth. In light of AI advancements, industry leaders must prioritize investigation and swift adoption of these technologies, while being cautious to avoid ethical pitfalls. Regulatory frameworks, such as the EU AI Safety Act, provide essential guidance by categorizing AI use cases by risk level—encouraging companies to start with lower-risk applications. The foundational technological skills required for both high-risk and low-risk scenarios are similar, which enables organizations to begin their AI journey strategically.

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