Where a company has a legacy system and wants to modernize it to new technology, "that's where we're seeing generative AI to be a huge enabler for lowering the cost and reducing time," said Aston Hamilton, engagement manager at McKinsey & Company https://bit.ly/3xKQKK9
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An interesting read. Seems fitting that the consultants like McKinsey believe Gen AI is going to revolutionize and solve for many of the issues related to core modernization, while the bankers have a more tepid and sober attitude towards Gen AI based on their experience on the ground dealing with the reality of their situations with regards to things like manpower and data hygiene, etc.
Some people are bullish on the idea of using generative AI to help modernize the older core systems most U.S. banks run on. Others are skeptical: https://lnkd.in/efjhDWEM What do you think? Is this a good generative AI use case?
Is generative AI the answer to core modernization?
americanbanker.com
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Good things coming for Citi. Happy to see the long range thinking. “Like most large banks, Citi is evaluating hundreds of use cases for generative AI, assessing the business impact and risks of each. But it is moving forward quickly on a few. For instance, the bank will have a roadmap for rolling out GitHub Copilot to all developers – about 40,000 employees – by mid-April, according to Shadman Zafar, CIO of personal banking and wealth management at Citi and lead for its generative AI work. This should save a lot of time, especially where reusable code can be found within the bank's own repository.”
Citi’s Co-CIO Shadman Zafar recently shared his thoughts on why Generative AI will have an impact on how we work for decades to come. Read more in American Banker #GenerativeAI #Innovation https://on.citi/3P65Ejy
Why Citi is rolling out generative AI to all its developers
americanbanker.com
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AI is a constant assessment of business impact and risk. When federal regulator drops 1,000+ pages on your compliance teams’ desk on new capital rules on banking, generative AI is your best friend allowing you to comb through the legislation word by word. Let’s use AI to amplify the power of our employees. #genAI #empowerworkforce #AI
Citi’s Co-CIO Shadman Zafar recently shared his thoughts on why Generative AI will have an impact on how we work for decades to come. Read more in American Banker #GenerativeAI #Innovation https://on.citi/3P65Ejy
Why Citi is rolling out generative AI to all its developers
americanbanker.com
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Citi’s Co-CIO Shadman Zafar recently shared his thoughts on why Generative AI will have an impact on how we work for decades to come. Read more in American Banker #GenerativeAI #Innovation https://on.citi/3P65Ejy
Why Citi is rolling out generative AI to all its developers
americanbanker.com
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IBM stands out with Granite! Forrester names IBM a key player in AI thanks to its reliable, high-performance models. Discover how Granite is revolutionizing AI for business, and dive into IBM's innovation!
IBM, with flagship Granite models, named a strong performer in The Forrester Wave™: AI Foundation Models for Language, Q2 2024 - IBM Blog
https://www.ibm.com/blog
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6 Misconceptions About Using Generative AI to Improve Programmer Productivity
6 Misconceptions About Using Generative AI to Improve Programmer Productivity
https://www.growthaccelerationpartners.com
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6 Misconceptions About Using Generative AI to Improve Programmer Productivity
6 Misconceptions About Using Generative AI to Improve Programmer Productivity
https://www.growthaccelerationpartners.com
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Discover the transformative potential of AI in the enterprise, from boosting mainframe productivity to streamlining operations. Uncover how #AI is igniting new use cases, revolutionizing efficiency and innovation across diverse landscapes. SHARE Headquarters https://lnkd.in/eCi3SMn3
Enterprise-Based AI Ignites New Use Cases, Including Augmenting Mainframe Productivity & Streamlining Operations
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The marriage of AI and APIs creates a world where applications are intelligent, personalized, and adaptive. Here's why AI and APIs are a dynamic duo set to revolutionize the world of technology.
How Will AI Enable APIs?
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Thrilling to see large global institutions like Citi step up and take this leap. Enterprises are in the lunatic fringe phase of a monumental transformation that will reshape every facet of customer engagement, and I personally believe GitHub is hitting every note as it partners with firms in highly regulated industries to identify the early tangible benefit and future potential of bringing AI-enabled, cloud-native development to the hands of developers with an enterprise-grade solution that balances security, compliance, and the developer experience.
At Citi, we see generative AI as a complement to human ingenuity. I recently spoke with @AmericanBanker about how it's helping our developers continue to innovate across customer service, fraud detection and more. (https://lnkd.in/gzR2JS5X)
Why Citi is rolling out generative AI to all its developers
americanbanker.com
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