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AI poised to replace entry-level positions at large financial institutions

CIO Business Intelligence

Large banking firms are quietly testing AI tools under code names such as as Socrates that could one day make the need to hire thousands of college graduates at these firms obsolete, according to the report. 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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Lessons from the field: How Generative AI is shaping software development in 2023

CIO Business Intelligence

While the potential of Generative AI in software development is exciting, there are still risks and guardrails that need to be considered. Risks of AI in software development Despite Generative AI’s ability to make developers more efficient, it is not error free. To learn more, visit us here. Artificial Intelligence, Machine Learning

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Generative AI’s change management challenge

CIO Business Intelligence

Despite headlines warning that artificial intelligence poses a profound risk to society , workers are curious, optimistic, and confident about the arrival of AI in the enterprise, and becoming more so with time, according to a recent survey by Boston Consulting Group (BCG). For many, their feelings are based on sound experience.

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You Don’t Have to Wait for AI, But You Should Plan Carefully!

Smarten

Whether you are looking at ChatGPT or Open AI and wondering how it might be applied to your business environment, it is important to understand the current state of this technology, the inherent risks and the possible opportunities. “So, proceed, but don’t over pivot.” “So, proceed, but don’t over pivot.”

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How Italian CIOs produce value with gen AI

CIO Business Intelligence

Having overcome the initial perplexity about ChatGPT, Maffei tested gen AI in coding activity and found great benefits. I’ve given colleagues the freedom to do research and experimentation together with our automation partner Mauden,” says Ciuccarelli. “We In this context, generative AI is a very useful support to create content.”

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BNY Mellon’s Joseph Sieczkowski: cloud removes opportunity cost

CIO Business Intelligence

At CIO’s recent Future of Cloud Summit, John Gallant, enterprise consulting director with Foundry sat down with Sieczkowski to learn more about his cloud strategy, governance in the cloud, and leveraging cloud where it is most effective. Because when you can experiment, you can potentially enter a new business quickly, test an idea.

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20 issues shaping generative AI strategies today

CIO Business Intelligence

As vendors add generative AI to their enterprise software offerings, and as employees test out the tech, CIOs must advise their colleagues on the pros and cons of gen AI’s use as well as the potential consequences of banning or limiting it. Douglas Merrill, a partner at management consulting firm McKinsey & Co.,