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Well worth finding an hour on a Sunday Dan Miles and Faisal Khan as Jamie Diamond talks about the role AI will play in Financial Services over the coming years at Stanford business school. (26m 50s) AI is fundamental to banking transformation, 450 uses cases spending $2billion, save/ make $2billion on AI. Not one job it wont touch.Allot of the worlds data is private, it is not available on the internet, JPM is not against open banking, you own your data, Jaime Diamon wants to give you access to your data.Banks use of AI on its own data, on its private data. Running Machine learning on its own data. The challenges and opportunity ahead is that significant amounts of data is not available to LLMs.Also a great conversation on Risk Management and the role of regulatory capital in supporting banks liquidity in the time of crisis. Having to many regulators that compete over regulation and the effects it has on the banking sector and how to rebuild banking regulation.@Thaddeus Dziekanowski Brian D. McCarthyVeritas GRC#cybersecurity #cyberriskmanagement #artificialintelligence
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