AI Challenges

May 5, 2024
Midjourney depiction of a machine learning pipeline GenAI in Banking Is a Double-edged Sword of Risk and Reward
In the banking sector, every percentage point in efficiency can translate to billions in revenue. According to McKinsey, GenAI could potentially add $340 billion in revenue to the sector’s annual global revenues. This represents a 4.7% increase in total industry revenues – a surge comparable...

By Vish Khanna

GenAI in Banking Is a Double-edged Sword of Risk and Reward: image 1
11 Strategies for Unifying Structured and Unstructured Data in Generative AI The convergence of structured and unstructured data represents a pivotal moment in the evolution of Generative AI
March 14, 2024
GenAI in Banking Is a Double-edged Sword of Risk and Reward: image 2 Forget LLM Memory – Why LLMs Need Adaptive Forgetting
Large Language Models (LLMs) rely on extensive memory to store and manipulate vast datasets, a key factor that allows them to learn from past inputs and improve their linguistic abilities over time. But what if, alongside remembering, LLMs could also benefit from adaptive forgetting? The notion of...

By Vish Khanna

October 25, 2023
Midjourney depiction of how to control AI How to Control AI: Ensuring AI Remains Manageable and Safe
The rapid advancement of artificial intelligence (AI) provides unprecedented opportunity for innovation and greater productivity, but an important question remains: how do you control AI? Businesses eager to harness the power of AI know the potential of the technology, but providing AI complete...

By Shelf

September 15, 2023
A midjourney depiction of the potential future The Future of AI: 4 Potential Scenarios of What Comes Next
We remain optimistic about generative artificial intelligence’s (GenAI) influence on work because we’ve seen the results of integrating AI into organizations. While there may be challenges for companies considering AI — potentially enough to suggest AI “isn’t ready” for mainstream use — we are...

By Shelf

August 30, 2023
GenAI in Banking Is a Double-edged Sword of Risk and Reward: image 3 The 3 Challenges for Businesses Considering AI Solutions
The world is changing because of artificial intelligence (AI), but for many businesses it’s not clear how we get from the way things are now to the hyper-productive utopia pitched by AI solutions. For many executives and VPs tasked with integrating AI into their business, their focus is on...

By Tobias Jaeckel