McKinsey predicts that generative AI could add $200-340 billion in annual value to the banking sector, which would mostly come from productivity increases. The consultancy says that Gen AI will change the way customers interact with financial institutions and how everyday tasks are approached. Do you feel like this is an exaggeration? Let's explore what generative AI can do for … [Read more...] about How Generative AI in Finance Cuts Costs and Improves Customer Experience
Artificial Intelligence
Generative AI Trends for 2024: Measuring the Impact
2023 proved to be a watershed moment for generative artificial intelligence (Gen AI). A few months after OpenAI launched ChatGPT, McKinsey researchers revealed that one-third of companies were already using generative AI in at least one business function. Exploring generative AI trends further, the analysts estimated that the technology's annual economic impact could soon … [Read more...] about Generative AI Trends for 2024: Measuring the Impact
How is Artificial Intelligence impacting the Freelance World?
Have you ever thought about how Artificial Intelligence (AI) is transforming the world of freelancing? The new AI tools and AI software are changing the way freelancers work and get clients. Artificial Intelligence catalyzes innovation and efficiency in the freelancing world. Experience the transformative power of AI tools, reshaping freelance work with incomparable … [Read more...] about How is Artificial Intelligence impacting the Freelance World?
Generative AI in Banking – Use Cases & Challenges
When it comes to technological innovations, the banking sector is always among the first to adopt and benefit from cutting-edge technology. The same holds for generative artificial intelligence (Gen AI), the deep-learning technology that can generate human-like text, images, videos, and audio, and even synthesize data for training other AI models. Formerly limited to physical … [Read more...] about Generative AI in Banking – Use Cases & Challenges
Generative AI – Is A Gamechanger For Doctor-AI-Patient Relationships
We all know that AI technology is changing the world in extraordinary ways. ChatGPT became a household name last year and other AI tools are being developed every day. Around 180.5 million people currently use ChatGPT. Despite its growing significance, many people still don't understand all of the nuances of AI. They are also unaware of the submarkets for AI technology, such as … [Read more...] about Generative AI – Is A Gamechanger For Doctor-AI-Patient Relationships
