Large language models: Another AI wave has come—what could it bring?

Since the release of ChatGPT, excitement and hype have been abundant across industries for this form of generative AI. For capital markets, the wave of innovation that could result may be a few years away but it’s worth paying attention to—and being critical of.

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Steve Rubinow is no stranger to evolution in technology. He oversaw the changing landscape of exchange technology at the New York Stock Exchange as its chief innovation and technology officer in the 2000s and 2010s. He saw the boom up close and personal when he made the jump from a job at Fidelity Investments to get in on the ground level of Silicon Valley’s meteoric rise. Most importantly, he’s seen the potential in artificial intelligence technology before.

“We’re in that mode, again

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Brown Brothers Harriman unifies busy suite of AI products

It’s a new world, contend BBH’s Kevin Welch and Josh Fine. After a few years of experimentation that yielded several AI products for the bank and its clients, it was time to put the puzzle pieces together to serve a different way of working post-Covid.

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