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by James Robert Lay on August 23, 2022
Brief Summary of Episode #222
I believe practical AI application will be a force for true digital transformation in financial brands and fintech.
It will allow marketing and sales teams to focus on customers by offloading tedious tasks to digital assistants.
So, why aren’t banking leaders fully embracing it?
“I think where anxiety and hesitation come in with AI is in not knowing what it is or what it could be,” says this week’s guest, Evan Ryan.
The founder and CEO of Teammate AI joined me to discuss some exciting talking points from his book, AI as Your Teammate.
“Defining AI is a great start in overcoming the possible fear if we just define it as ‘data with a task,’”
What else can AI allow us to accomplish?
“It leaves you to do things that are creative,” Ryan argued. “It lets you do things that have never been done before. It leaves you to your imagination.”
Additionally, AI applications can fill the data gaps humans can’t keep up with - saving your brand millions in value.
That is the power of exponential digital growth.
Key Insights and Takeaways
- Why AI has the potential for boundless leverage (4:40)
- The practical use case for AI in banking and fintech (16:00)
- How Evan used AI as an assistant when writing his book (25:24)