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Faced with the questions surrounding the use of Generative Artificial Intelligence (GenAI), the Association des Banques et Banquiers Luxembourg (ABBL) in collaboration with Société Générale Luxembourg, conducted a second edition of their survey* to unveil the current perceptions and trends on the use of GenAI within the Luxembourg financial sector.
AI: between myths, misconceptions and perceived opportunities
Implementing GenAI in the banking industry involves navigating various myths, misconceptions, opportunities, and threats. A common misconception is that GenAI can operate autonomously without issues, disregarding the need for robust oversight over the technology to maintain accuracy and reliability of GenAI. There is also a myth...
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