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Gen AI in Banking: Transformative Use Cases

Tom Spencer

For example, Morgan Stanley’s AI assistant based on OpenAI’s GPT-4, provides its 16,000 financial advisors instant access to a database of about 100,000 research reports and documents. Accenture forecasts that by 2028 the banking industry will witness a 30% increase in employee productivity. Data-driven decision-making 2.1

Banking 78
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Elon Musk’s Unusual Compensation Plan Isn’t Really About Compensation at All

Harvard Business

If, by contrast, Tesla’s target was merely a $100 billion market capitalization — frankly, a great target for most companies, as it projects a 7% return annually for the next 10 years — then investors might quickly lose their appetite to continue financing the company. They signed up for transformation, not steady returns.