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6 Results from /ai, 2023

Generative AI cannot replace branch banking – Niamh’s hot take of the month
Níamh Curran

Níamh Curran

Generative AI cannot replace branch banking – Niamh’s hot take of the month

NatWest announced in November 2023 that they were integrating generative AI into their chatbot tool Cora, which saw the launch of Cora+. Generative AI has been one of the hottest topics throughout 2023, and that is only likely to continue into 2024 as companies like OpenAI expand their products and capabilities. The technology offers a lot of ...

/inclusion /ai

OpenAI: What just happened to the CEO Sam Altman?
Níamh Curran

Níamh Curran

OpenAI: What just happened to the CEO Sam Altman?

Sam Altman is being reinstated as the CEO of OpenAI after unexpectedly being removed from the position by the board last Friday. OpenAI is responsible for the creation of ChatGPT and recently announced a new product which will allow companies to create custom versions of AI chatbots, which the company has called GPTs, without any coding. However, ...

/startups /ai

Why Biden’s Executive Order on AI signals increased scrutiny on AI policy, business and regulation
Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Why Biden’s Executive Order on AI signals increased scrutiny on AI policy, business and regulation

US President Joe Biden’s Executive Order on Artificial Intelligence (AI), introduced on the 30th of October, recommends wide parameters be applied to the management of this fast-emerging technology. Though the order itself has no real ‘teeth,’ or legal enforcement power, it highlights several areas where the chief executive and his cabinet believe...

/regulation /ai

Deepfake fraud: the rising threat in financial crime
Níamh Curran

Níamh Curran

Deepfake fraud: the rising threat in financial crime

As it’s Halloween, spooky season is the perfect time to highlight one of the scariest, and arguably creepiest growing developments in financial crime, the deepfake. Deepfakes have dominated national headlines for a while now, often for especially unsavoury reasons, and for their political usage. They have now become a tangible issue within the fi...

/crime /ai

Is 'ethical AI' deeply complex or just a contradiction in terms?
Scott Hamilton

Scott Hamilton Contributing Editor at Finextra Research

Is 'ethical AI' deeply complex or just a contradiction in terms?

What if everyone could cover one point of view, switch to an opposing take on the situation, explain both, and conclude by explaining their personal opinions on the topic? And do it all in 45 minutes? Almost sounds like a job for a super-human, right? Or for artificial intelligence perhaps? Several dozen of Sibos 2023 conference’s estimated 8,000-p...

/Sibos /ai

International Women's Day: ChatGPT and how gender bias in AI can impact innovation
Níamh Curran

Níamh Curran

International Women's Day: ChatGPT and how gender bias in AI can impact innovation

The 2023 International Women’s Day campaign theme is to Embrace Equity and asks our world to discuss why equal opportunities aren’t enough. “Equity isn’t just a nice-to-have, it’s a must-have. A focus on gender equity needs to be part of every society’s DNA. And it’s critical to understand the difference between equity and equality,” according to ...

/people /ai

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