- Wall Street banks are proving that generative AI is here to stay and the tech is not just a fad.
- Business Insider has reported on how some of finance’s biggest banks are approaching generative AI.
- See how giants like Goldman Sachs and JPMorgan are weaving the tech into the fabric of their firms.
Wall Street bank leaders say generative AI is here to stay, and they’re weaving the technology throughout the fabric of their banks to make sure.
Generative AI is taking root in the systems and processes that make Wall Street run. From trading to payments to marketing, it’s hard to find a corner of the banking industry that isn’t claiming to use AI.
In fact, the technology’s impact, made mainstream by OpenAI’s ChatGPT in late 2022, is becoming cultural. Generative AI is changing what it takes to be a software developer and how to stand out as a junior banker.
Here’s what we know about how Wall Street banks are embracing AI.
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