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TDWI Virtual Summit

Data, Analytics, and AI Strategies for Financial Services

June 18, 2024

8:00 am - 12:15 pm PT

Case Study: Navigating the Complexities of AI Ethics, Skill Gaps, and Market Disruptions in Finance and Insurance (with Audience Q&A)

June 18, 2024

Prerequisite: None

Vijayakumar Gurusamy Raju

Lead Software Engineer

MassMutual

This session will include a moderated Q&A featuring questions from the live audience.

The financial services and insurance industries face significant challenges in integrating AI, including biases in algorithms, privacy concerns, and a widening skill gap intensified by the rapid advancement of models like GPT-4. These factors compel many institutions to rely heavily on existing staff for in-house AI development, increasing the risk of errors and oversights.

Furthermore, the disruptive potential of AI in most markets poses unpredictable economic outcomes, necessitating robust risk assessment frameworks and regulatory oversight. Despite these challenges, industry leaders are forging ahead, leveraging innovative strategies to harness AI's power responsibly while navigating this complex and risky landscape. Join Vijay Raju as he shares his views on different options available in the industry to mitigate these risks.

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TDWI Virtual Summit
Data, Analytics, and AI Strategies for Financial Services

June 18