AI in Banking: The Reality Behind the Hype – Financial Times

As if to underline Michael Jordan's point from the above article we get a look behind the curtain of the banking industry, where the promise of human imitative AI fell short of grandiose predictions. As one banking executive puts it in the article: “The problems we have solved are very narrow,” she adds. “The misconception is that humans and machines can perform at the same level. There’s still a long way to go and many challenges we need to solve before a machine can operate [at a level] even near the human mind.”


Want to receive more content like this in your inbox?