In the News

Alarm Over Inadequate Responses from Banks' Generative AI Chatbots

Written by John Lopez | Jun 10, 2023 6:52:00 AM

The use of chatbots in the banking industry continues to rise steadily, with more banks incorporating them into their services. According to Cornerstone Advisors, as of early 2020, 13% of banks already had chatbots; with the release of popular large language models like ChatGPT, this number could be way north today.