How Will AI Affect The Financial Industry?

[@willishere321]

My conclusion from watching this is that these leaders in Finance have no idea how this is going play out.

[@ReflectionOcean]

By YouSum Live 00:00:07 Impact of AI on the financial industry. 00:00:18 Evolution of AI in finance: from checks to fraud detection. 00:00:48 Embracing AI for customer experience and efficiency. 00:02:11 Importance of governance and transparency in AI adoption. 00:03:30 AI's role in solving customer problems and enhancing trust. 00:05:00 Shift towards imperative use of AI in financial institutions. 00:16:51 Future focus on industrial usage and embedded finance. 00:17:01 Balancing innovation excitement with regulatory compliance. 00:19:22 Excitement about expanding credit opportunities with AI. 00:19:50 Banking's societal importance as a monetary policy transmitter. 00:20:09 Expanding credit box for positive economic multiplier effect. 00:20:27 Empowering small businesses to make better decisions for prosperity. By YouSum Live

[@mahdiabbasinourabadi8554]

thanks .

[@Basics-HQ]

GREAT

[@Nkpumesamuel]

Awesome

[@toreon1978]

„We are a bank, so everything is about efficiency.“ Tells you everything you need to know. Trust? There is no trust whatsoever. What exactly is the value of banks for advisory when AI will do it better, cheaper and without conflicts of interest? We finally get close to that fateful statement: banking is necessary, banks are not.

[@suganthisundararajan7141]

The first industry where we really need to remove human beings totally is the Finance industry.

[@EwaRiro]

i doubt that'll impact inflation positively

[@gavinthind3058]

Reason ?

[@brandonreed09]

Pointless video.

[@lissstar5423]

I hear you say you don't want to disrupt people's jobs. Mmmm. What you mean is you don't want to disrupt people's primary and sole source of income. Interesting that it is a position you yourself are never in, due to your multiple income streams. It keeps you up at night because you know it's wrong to share so little and talk so big?

[@toreon1978]

Its crazy how fake this sounds. We really maxed out on bs. 8:40