Posh的动态

Grateful to have been invited to the AI Roundtable event at GAC by NCUA Chairman Kyle Hauptman! It was inspiring to see many Posh clients selected for the roundtable as well! Over the past few months, I’ve been invited to share my thoughts and advice on financial institution AI adoption with regulators such as Travis Hill at FDIC, Kyle Hauptman at NCUA, Fed branches in Boston and Atlanta, and of course our recent Board member Rodney E. Hood who is now the acting Comptroller of the Currency (OCC). First, it’s great to see regulators engaging with fintechs like Posh and with innovative financial institutions that are on their AI journeys. We’re still in the early innings, but there’s clear consensus now that this technology is here to stay and it’s a matter of when not if, and how not why. One insight that is encouraging to me, is that regulators are striving to be 'AI friendly'. They, too, realize that America’s ???? competitive advantage (and the competitive advantage of community FIs) is in the spirit of innovation, experimentation, and technological progress. AI is a democratizing force by nature: the incremental cost of intelligence is decreasing with each new model iteration, which means things that weren't previously viable (because of resource constraints such as the cost / availability of human labor) are now becoming scalable. And this will impact nearly every FI process, both internal- and external-facing. This idea should be exciting for community FIs, but also a call to action. As I’ve mentioned before, the cost of falling behind an exponential trend can be, well, exponential… ?? Anyway, back to regulation and a key takeaway from the AI Roundtable in DC: “Regulators aren’t working on some major ‘AI regulation’, rather the old guidelines are the new guidelines. FIs are encouraged to adopt AI, but if something goes wrong FIs cannot simply blame the AI” I believe this is the right approach ? AI is a tool, AI is software. Allow FIs to innovate and take advantage of frontier technologies, but hold them accountable to the first principles rules that ensure the wellbeing of the accountholder. This also underscores the importance of responsible AI innovation, and finding the right AI partner. P.S. Here’s pics of some of our meals with clients. It was awesome to meet so many clients and partners at GAC again. Feeling energized, this is going to be a big year! More to come!