The implications of generative AI for financial services are huge, say analysts at Andreessen Horowitz in this timely and educational report. Financial institutions are already using AI to synthesize massive amounts of data to make better decisions in credit allocation, risk management, compliance and reporting, but generative AI will be a game-changer for the industry. However, the authors warn, the human element will remain critically important in ensuring AI works for the benefit of firms and customers alike. This astute recap is required reading for financial professionals and executives.
About the Authors
Anish Acharya et al. are professionals at Andreessen Horowitz.
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