https://www.efinancialcareers.com/news/citi-generative-ai-in-investment-banking
5 replies (most recent on top)
Artificial intelligence is just another word for none. Imagine voice mail he-l everywhere.
I've assisted working groups looking at use cases for AI.
Unfortunately, Citi tech systems are too outdated, too fragmented, and populated with too much bad data to be able to leverage AI meaningfully.
It would take years of investment and transformation to even get us to the starting live.
Generative AI is another scam. Companies making a mint selling their overhyped tech. AI is a big search engine stealing content created by actual humans. AI cannot create on its own out of thin air. All content was already created by someone else.
The goal is to replace as many people as possible. The problem is that in banking when AI messes up doesn’t end with pictures with too much diversity with with market crashes and billions lost instead.
Anyway, milk the cow and get into it.
Wow as they are about to lay off 20k people. Just wow, these optics. We hardly can implement cloud now want to waste time with AI and infrastructure is cr-p.