This article was written based on discussions from the latest Bloomberg Women in Fintech event. To learn more about the series, please email email@example.com.
While AI has been a buzzword for some time, the uncertainty and rapid changes stemming from the global pandemic have brought the technology’s benefits and challenges to the forefront. Within the multitude of applications, several focus areas are helpful for the fintechs in particular, keeping in mind how humans and AI can work together to empower the other.
The opportunities for AI to both assist in a tumultuous working environment and heighten human efficiency were under discussion at the latest panel hosted by Bloomberg’s Women in Fintech. There are many details to consider with a constantly evolving technology, particularly surrounding bias and security, but according to panelists, it is essential that companies look to integrate AI holistically, ensuring automation bolsters their business and empowers employees to