Mike Elgan: What's actually happening is that the models are predicting the most statistically probable sequence of tokens based on context and training, not carrying some dastardly scheme.
Why AI lies, cheats and steals www.computerworld.com/article/4153 ...
-- Mike Elgan (@mikeelgan.bsky.social) Apr 3, 2026 at 4:10 AM
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For example ...
What is artificial intelligence (AI) in finance?
www.ibm.com
...
Artificial intelligence in finance refers to the transformative use of technologies, including advanced algorithms, machine learning and natural language tools. They are used to analyze data, automate processes, enhance decision-making and personalize customer interactions in the financial services industry.
Unlike traditional software, AI systems mimic human intelligence and reasoning, and can learn over time, continuously improving as they process new information. The resulting advancements of fintech allow financial institutions to increase efficiency, reduce risk and deliver more personalized services. It powers applications like credit scoring, fraud detection, algorithmic trading, portfolio management, regulatory compliance and customer service.
By identifying patterns and making real-time predictions, AI helps institutions streamline operations and respond more effectively to market and customer demands. ...
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