EPISODE · Mar 14, 2025 · 57 MIN
Banking on (Artificial) Intelligence with Author Theodora Lau, Founder of Unconventional Ventures
from (A)bsolutely (I)ncredible Podcast · host Bruce Burke
Buy Theodora's book Banking on (Artificial) Intelligence: https://amzn.to/4iwVogr Connect with Theodora on LinkedIn: https://www.linkedin.com/in/theodoralau/ Thank you to Theodora Lau for taking time to sit down with me for a chat about her new book: Banking on (Artificial) Intelligence explores the transformative potential of AI in the financial services sector, delving into its historical evolution, current applications, and future implications.Theodora’s book serves as both a guide and a call to action, emphasizing the need for responsible AI development to create a fairer, more equitable financial landscape. It builds on the intersection of technology, finance, and societal impact, offering insights for policymakers, industry leaders, and consumers alike.There is no lack of hype around artificial intelligence. We have only begun to scratch the surface of what this powerful technology can do. While tech and financial services become more intertwined, cutting through the noise has become more difficult but also more crucial.As a technology, AI is essential to advancing innovation, to creating efficiencies, and enhancing productivity while capturing opportunities by both incumbent financial institutions as well as fintechs. But it also comes with risks and potential for biases and disinformation, that can deepen inequalities and erode trust in our society. Responsible innovation must become part of our DNA and not as an afterthought.This book provides a tailored overview of what AI specifically means for financial services, a highly regulated yet also disrupted industry. It investigates the current state of AI applications in financial services today along with the state of funding and partnerships between tech and banking industries. It also examines the key pillars of responsible AI and the importance of keeping humans in the loop. The book takes a deep dive into the use cases in the financial services industry, the challenges and opportunities, and the fragmented regulatory landscape. How can we effectively assess risks, and balance innovation and customer centricity with trust in AI in financial services? Can smaller organizations reap the benefits of the technology? How can institutions deploy AI responsibly and securely, and promote a fairer and more equitable future for more people? While data is about bits and bytes, the realities of AI is very much human. This book will help spark dialogue and collaboration as we journey into the future.Buy Theodora's book Banking on (Artificial) Intelligence: https://amzn.to/4iwVogr Connect with Theodora on LinkedIn: https://www.linkedin.com/in/theodoralau/ DBC Technologies | AI Voice Agent & Web Chatbot | Inbound & OutboundI’ve partnered with DBC Technologies, a provider of AI Voice Agents, Chatbots and more. DBC provides agents trained to work directly with customers via the phone or web. Product knowledge, company information, industry expertise and much more.For more information on getting started with AI for your Enterprise contact me today.Thats all for today, but AI is moving fast - subscribe and follow for more Neural News. Get full access to Neural News Network at remunerationlabs.substack.com/subscribe
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Banking on (Artificial) Intelligence with Author Theodora Lau, Founder of Unconventional Ventures
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