Building the AI-Powered Bank with the AI-Model Canvas©. Hi, if you want to design and implement the AI-Powered Bank, or any AI-Powered Organisation, including the right culture, you can do that by desiging and implementing a new AI-powered business model in your company: What is an AI-powered businessmodel in banking including in FinTech & RegTech? "An AI-powered business model in banking describes how a bank, a FinTech or RegTech startup...
26% of European Tech Firms to Cut Jobs Due to Generative AI With ChatGPT According to a survey conducted by Sortlist Data Hub, it has been found that 26% of European software and tech companies are planning to reduce their workforce due to the emergence of ChatGPT and ChatGPT-based apps. Finance companies also face a potential decrease in jobs, with 22% of them considering the same action. Interestingly, while 23% of tech workers perceive...
Approximately 300 million full-time jobs worldwide could be automated in some way by the latest wave of artificial intelligence, of generative AI, that platforms such as ChatGPT have brought about, according to economists from Goldman Sachs. They predicted in a report on March 29, 2023 that 18% of work worldwide could be automated, with the effects being felt more deeply in advanced economies than in emerging markets. This is partly because...
ChatGPT and the job market: 51 percent of employers planning to cut jobs will do so in marketing On a departmental level, employees in product management and customer service departments are 2x more likely to worry about their jobs than marketers… but marketers’ skill set is the one most at risk in the job market. Although employers may look into ChatGPT consulting services before making their final decisions, according to recent research,...
What are AI Spokespersons? AI Spokespersons are becoming very popular on TikTok, Instagram & Youtube as a great example of short videos. And that is why we are also going to use them on this site and on social media. What is an AI Spokeperson: An AI Spokesperson is an AI generated character that replaces real-life presenters in videos and presentations. It is a type of synchronized video. More: Generative AI, Advantages of AI generated...
Employees in the Finance Industry do not see ChatGPT as a threat, although they should. Finance is the second-biggest industry after marketing where employees and employers have differing views on how the ChatGPT technology will reduce headcount. Employees in the finance industry do not see ChatGPT as a threat, although they should. This study shows that only 14% of employees in the finance sector fear that ChatGPT will be used to reduce...
Generative A.I. - What Is It? One of the most disruptive forms of AI is 'Generative AI'. What is generative AI? Generative AI is a type of artificial intelligence (AI) that can create new content, such as text, images, audio, 3D models, videos and even complete websites and e-com stores. It does this by learning patterns from existing data, then using this knowledge to generate new and unique outputs. Generative AI is capable of producing...
