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In a recent panel at the CogX Global Leadership Summit, Edward Achtner, head of generative AI at HSBC highlighted that much of the excitement around AI in the financial sector is more “success theater” than reality. He emphasized that while many financial firms promote their AI capabilities, meaningful results are often lacking. Achtner pointed out the need for a more strategic approach to deploying AI and managing its risks, particularly with newer technologies like generative AI. Despite the hype, many institutions are still struggling to effectively harness AI’s full potential in a way that delivers tangible outcomes. This echos the conversation at a recent round table that was organised by MBN Solutions You can read the full article here ⬇️ https://lnkd.in/ejKYr5k5 #artificialintelligence #AI #financialservices #leadership