The financial services industry is ripe for the kind of disruption AI could bring, says the co-chair of the new AI Ethics Council.
Ongoing advancements in artificial intelligence could revolutionize the finance industry, according to the co-founder of Sam Altman's new AI Ethics Council.John Hope Bryant, the CEO of the financial literacy nonprofit Operation HOPE and co-chair of the council, told Newsweek he believes AI has the opportunity to create an 'even playing field' when it comes to financial opportunities.
'Bryant envisions the AI Ethics Council creating job-training programs for the public that will enhance their abilities to work alongside AI, particularly in fields like finance.'I think financial literacy will get a huge boost in how it's taught,' Bryant said. 'One of the first industries that has already begun to embed AI is banking and financial services.'For one, AI tools are able to take out the potential for discrimination, according to Bryant.
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