Banking and Financial Markets CEOs Turn to Generative AI for Competitiveness

Wednesday, 5 June 2024, 01:12

In a recent IBM study, Banking and Financial Markets CEOs are placing their bets on generative AI to maintain competitiveness. Despite this trend, challenges related to workforce readiness and organizational culture continue to pose obstacles. The study highlights the reliance on AI technology for innovation and strategic decision-making in the industry, underscoring the need for addressing human-centric issues to fully leverage its potential.
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Banking and Financial Markets CEOs Turn to Generative AI for Competitiveness

Generative AI in Focus for Banking and Financial Markets CEOs

In a recent IBM study, Banking and Financial Markets CEOs are placing their bets on generative AI to maintain competitiveness. Despite this trend, challenges related to workforce readiness and organizational culture continue to pose obstacles. The study highlights the reliance on AI technology for innovation and strategic decision-making in the industry, underscoring the need for addressing human-centric issues to fully leverage its potential.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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