Man Group’s head of risk engineering doesn’t trust ChatGPT for managing risk

Risk managers have a duty to know how AI is being used within their firms. At a recent event, execs from Man Group and others discussed the benefits and pitfalls of AI in risk management.

“When it comes to ChatGPT, I’m sure it’s a hot topic that we all care about,” said Vlad Mereuta, head of risk engineering at Man Group. “Personally, I see a lot less use from it. It’s great as an assistant. … I will not trust it to do anything from a risk perspective.”

It’s perhaps a refreshing take in an age where it seems nearly everyone from consumers to conglomerates are trying to cut themselves a piece of the AI pie. And the scene was no different at a Tuesday meeting of risk and analytics

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

Register for free

Access two articles, our IMD and Waters Wraps, plus a member newsletter. Find out more.

All fields are mandatory unless otherwise highlighted.

This address will be used to create your account

Banks seemingly build more than buy, but why?

Waters Wrap: A new report states that banks are increasingly enticed by the idea of building systems in-house, versus being locked into a long-term vendor contract. Anthony explores the reason for this shift.

Who’s afraid of the big, bad AI computer?

The last two years of GenAI’s hype cycle have re-energized the conversation around what AI technology can offer. It’s also brought fears, concerns, and post-apocalyptic narratives. Nyela thinks much of it is unwarranted.

Most read articles loading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here