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Fortune
Fortune
Ben Weiss

Banks have used A.I. for decades—but now it’s going to take off like never before

Photo illustration of a human hand taking a stack of money from a robotic hand that represent artificial intelligence. (Credit: Photo illustration by Fortune; Original photos by Getty Images (3))

A.I. is now the buzzword of buzzwords, and for so many who have prompted the chatbot ChatGPT or image generator Stable Diffusion for the first time, the output of full-length essays or photorealistic images in seconds is astounding. It’s no wonder that CEOs and CFOs so frequently point to A.I.’s potential to transform their businesses. 

“What has been powerful is the vividness of generative A.I.—the fact that CFOs can play with it themselves,” Michael Birshan, global co-leader of McKinsey’s strategy and corporate finance practice, recently told Fortune.

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