AI & Finance

In November 2022, OpenAI made a groundbreaking move by quietly unveiling the latest iteration of their GPT model, GPT-3.5, and introducing the world to ChatGPT. This revolutionary app quickly took the world by storm, becoming the fastest-selling app in history with over 100 million downloads in just two months. The buzz and excitement surrounding this new technology are reminiscent of the early days of the internet. Many are comparing its transformative potential to the invention of electricity!

AI technology is set to revolutionise every business sector in the coming years, and no industry will remain untouched. While media often focuses on potential downsides like job losses, privacy concerns, and misinformation, a deeper understanding of AI reveals a more optimistic outlook. AI has the power to significantly enhance our daily lives. Data sits at the heart of this technological ecosystem, and the finance community is uniquely positioned to harness this potential. By leveraging AI, finance professionals can not only benefit their organisations but also drive personal and industry-wide growth. Explore with us how AI is transforming the business landscape and discover the endless possibilities it offers.