Generative AI is changing debate on explainability, says Deutsche

The bank’s innovation head says observability can aid regulatory acceptance.

Credit: montage

Banks are already deploying artificial intelligence and machine learning in a variety of roles, and see many other potentially valuable use cases fast appearing on the horizon. In fact, Deutsche Bank’s chief innovation officer Gil Perez refers to 2023 as “the year of AI and ML”.

“We’ve been working on AI for multiple years, establishing partnerships and building cloud infrastructure. Now, with generative AI in play, we believe we’ve reached an inflection point,” Perez says.

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