OpenAI Says ChatGPT Has 100M Weekly Users

Nov 6, 2023 ·

The article discusses the potential for artificial intelligence (AI) to revolutionize the banking industry. It notes that banks have already begun to use AI in various areas such as fraud detection, customer service and even risk analysis. However, it also warns that the AI revolution could potentially lead to significant job losses, as many of the current positions found in banking are replaced by machines. The article suggests that banks should instead focus on leveraging AI to open up new opportunities for employees, such as those related to data analytics and customer experience. It further argues that banks need to make sure they keep up with the development of AI-related technologies, as well as consider how they can ensure that AI remains safely and ethically deployed. In summary, this article suggests that AI could revolutionize the banking industry, but banks must take steps to ensure that its deployment is safe and ethical, as well as consider ways to create new jobs in order to mitigate the potential job losses associated with it.