The Gen Z Club reposted this
With the hype and speculation, surrounding Artificial Intelligence at present, it’s been great to be able to attain the Certificate in Ethical AI from the The Chartered Institute for Securities & Investment (The CISI). This comprehensive program has allowed me to widen my understanding of the key issues related to the implementation of AI within financial services organisations, focusing on the following modules: - AI - An introduction - Ethical AI and Professional Codes of Conduct - Risk Management in AI - Strategic Approaches to AI - Tactical Development of AI (Executive Management) - Further module containing curated AI learning (videos/articles) The practical applications of AI and machine learning in financial services are vast and can be applied to things like: automated credit decisions, fraud/fin-crime detection, regulatory compliance monitoring & reporting, customer chatbots/VA’s, etc. All of which can help increase efficiency and satisfaction. A recent example of this can be seen with Morgan Stanley who this week announced the early July roll out of its ‘Debrief’ Generative AI assistant, built on OpenAI’s GPT-4, that will support it’s financial advisors in note-taking at client meetings (with client consent required). Specifically it will surface action items, summarize key points, draft emails, and save notes into Salesforce, with the hope of saving thousands of hours of analyst labour. Bearing in mind these great applications, there are still serious problems that can arise in the application of this technology in the form of potential data biases, privacy/security issues, and meeting explanatory, transparency and legal requirements. Overall, it’s clear that companies will start/continue to trial and implement transformative AI technology over the next 5-10 years. As a result it’s paramount that there is adequate monitoring, control, regulation and ethical consideration from management and staff to ensure we achieve the best outcomes possible for all. Many thanks to Gemma Hardy Kirsty Crosby (Assoc CIPD) Tracy Vegro OBE The Gen Z Club for providing the opportunity. I would highly recommend to anyone interested!
Congratulations Zach Onasanya from all of us The Chartered Institute for Securities & Investment (The CISI). Great to have your thoughtful insights on the practicalities and oversight of the application of AI and the importance of transparency.
Congrats 🙌
Congratulations Zach Onasanya!
Congratulations Zach. 🎉🎉🎉
I Help Teams Build Market-leading B2C Products | Professional Scrum Master (PSM I) | Public Speaker | Agile Project Management, Azure DevOps, Cross-Functional Leadership
3wCongratulations, Zach Onasanya! 👏 1.Beyond Morgan Stanley's generative AI assistant. I see AI companions taking on a more active role(co-analyst), saving analysts countless hours on research and streamlining other aspects of their role. I believe we'll see this kind of widespread adoption Sooner rather than later. 2. I agree with your concerns about ethics, privacy, and data risks. It's crucial that we tread carefully, developing AI products that prioritize mitigating these issues.