Google bullish on AI benefits in the face of fears over unchecked growth

Tech giant quells fears over a Skynet-style reality, stressing a risk-based approach to AI usage during a panel in London on Thursday.

William Malcolm, senior director of international privacy legal and consumer protection at Google, cut an isolated figure speaking at the AI Regulation Summit in London hosted by City & Financial Global today (October 5).

Flanked by other lawyers and finance professionals, he was the sole member of the panel representing a Big Tech firm, the likes of which have been leading the rapid growth of generative AI in finance and beyond. Without the technologist, the panel could have easily devolved

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The IMD Wrap: Will banks spend more on AI than on market data?

As spend on generative AI tools exceeds previous expectations, Max showcases one new tool harnessing AI to help risk and portfolio managers better understand data about their investments—while leaving them always in control of any resulting decisions.

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