7 Ways Gen AI Can Create More Work Than It Saves
CIO, Wednesday, November 13th, 2024
As gen AI use continues to skyrocket, reports of business benefits are trickling in. But we're also seeing more cases where the tech can actually create more work than it saves.
JP Morgan Chase president Daniel Pinto says the bank expects to see up to $2 billion in value from its AI use cases, up from a $1.5 billion estimate in May. And speaking at the Barclays Global Financial Services conference in September, he said gen AI will have a big impact in improving processes and efficiencies. The company has already rolled out a gen AI assistant and is also looking to use AI and LLMs to optimize every process.