Restrictions on internal GenAI usage are thawing—and just in time

Waters Wrap: More and more banks and asset managers are publicly talking about how they are experimenting with generative AI. In the fight for talent. Anthony says this is a necessary step.

Credit: Charles Frederick Ulrich

“The discussion in public has been pretty much AI being the job-killer number one—it’s definitely not. It’s rather leading to a new pattern, where you actually need more skilled people because they not only have to understand their current and existing models the classical way, but they also need to understand what the AI does with them. And only that combined knowledge actually allows them to judge whether the output is correct or not.”

These are the words of Wolfgang Koehler, chief risk and

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