AI in Financial Services – why is public debate so badly debased?
diginomica.comSince the launch of ChatGPT and the mass popular adoption of chatbots, Large Language Models, and generative tools in the cloud, much social coverage about Artificial Intelligence has focused on faddy or frivolous uses, and on the controversy around copyright theft.
It is not hard to see why: to persuade people to buy into the technology at scale, vendors saw an easy, if cynical and exploitative route: offer instant creativity at low or zero cost, and thus create a dependency culture. In the process, the work of skilled human creatives got trampled on – after feeding the AI beast without credit or recompense.
Put another way, AI vendors have given users the illusion of effort-free, professional-grade talent for a few dollars a month. What lazy primate could resist that?
In this way, AI promises to be the great leveler and equalizer, claim vendors, transforming every sector of the economy, while curing ...
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