Council Post: The ‘Silent’ Revolution – GenAI’s Impact in Regulated Industries

It may be a 'silent' integration, but make no mistake, the impact of AI on these industries promises to be far-reaching and transformative.
As the relentless pace of technological innovation continues, Generative AI (GenAI) and Large Language Models (LLMs) are leaving indelible marks - they're not merely causing ripples but creating tidal waves of change. These advances are particularly significant in regulated industries such as banking, healthcare, and insurance. These industries are data-laden, often dealing with vast amounts of unstructured and latent data that, to date, have been challenging to leverage fully. The adaptation to this groundbreaking technology is no longer a matter of casual strategy talks, but a vital operational imperative. The customary timelines of years for adopting new technologies have been condensed into months. This urgency is fuelled by the potential of GenAI to fast-track the digitization proc
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