GenAI

Bank of England warns that unchecked use of AI poses a risk to the stability of the financial system.

"We're learning and applying AI and machine learning to solve the practical opportunities right in front of us."

"To a large extent, it is a rapid decline in cost of the underlying commodity that drives technology cycles."

"Most CIOs and technology leaders say that their organisations are planning full GenAI adoption within the next two years."

"The economics are likely to be grim. Sky high valuations are largely based on a fantasy.”

Prepare for a 20-year cycle as businesses shift out of the experimentation phase and really start to get serious about Generative AI deployment.

LLM investigators devise "WACK" approach for understanding why generative AI models give incorrect or totally far-out answers to user prompts.