HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

HSBC exec says there’s a lot of AI ‘success theater’ happening in finance

Jaap Arriens | NurPhoto via Getty Images LONDON — Increasingly many financial services firms are touting the benefits of artificial intelligence when it comes to boosting productivity and overall operational efficiency. Despite bold statements, a lot of companies are failing to produce tangible results, according to Edward J Achtner, the head of generative AI for U.K.

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