Remove 2024 Remove Experimentation Remove Risk Remove Statistics
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AI poised to replace entry-level positions at large financial institutions

CIO Business Intelligence

Right now most organizations tend to be in the experimental phases of using the technology to supplement employee tasks, but that is likely to change, and quickly, experts say. But that’s just the tip of the iceberg for a future of AI organizational disruptions that remain to be seen, according to the firm.

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Getting ready for artificial general intelligence with examples

IBM Big Data Hub

LLMs like ChatGPT are trained on massive amounts of text data, allowing them to recognize patterns and statistical relationships within language. Nearly all respondents reported promising early results from gen AI experiments and planned to increase their spending in 2024 to support production workloads.

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Building Smarter Financial Services: The Role of Semantic Technologies, Knowledge Graphs and Generative AI

Ontotext

Nimit Mehta: I think that 2024 is going to be a buckle-down year, but, at the same time, we’ll see a rapid explosion of experimentation. Nimit Mehta : You are talking about the three big ones: cost, revenue, and risk. And, when you get to the top, it’s about risks and existential threats to the business. What is risk?