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Weve been innovating with AI, ML, and LLMs for years, he says. But 76% of respondents say theres a severe shortage of personnel skilled in AI at their organization, according to the August report. Gen AI-related job listings were particularly common in roles such as data scientists and data engineers, and in software development.
Additionally, the cost of cyber disruption will increase next year as businesses experience downtime due to cyberattacks and scramble to implement defenses fit for the AI-enabled attacker era. In 2025, attackers will begin developing and testing generativeAI technologies to use over the next 3-5 years.
By Michael Cullum, VP of Engineering at Bud Financial GenerativeAI (genAI) is a powerful tool that is transforming the financial industry and empowers financial services professionals.
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