AI in Finance: Kotaro Shimogori's Perspective on Machine Learning Hype vs. Reality
As artificial intelligence funding reaches record levels-exceeding $100 billion in 2024, with nearly 33% of all global venture funding directed to AI companies-the financial services industry finds itself at a critical juncture. Gartner experts place generative AI in finance at the "Peak of Inflated Expectations," while less than 30% of AI leaders report their CEOs are happy with AI investment returns, despite an average spend of $1.9 million on...
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