I had the privilege of surveying various practitioners from EY to PWC and AWS at World Summit AI. The consensus is that mindset is the biggest hurdle. Interestingly, mostly at the executive level. This is where Berit and I facilitate sessions with executives, to help find clarity.
The second hurdle concerns the selection of relevant use cases with clear business rationale. Here sandboxes with various tools and models of different sizes and levels of domain specialization are the name of the game.
Finally, some examples of AI innovation in financial services, from applications combining AI and stable coins, to the improvement of fraud detection with AI, help make things concrete (see some slides from Paypal, Deutsche Bank and others).
#AIAdoption #AI #AIObstacles
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