McKinsey & Company has now spent two years assisting bank clients write software to make money using artificial intelligence, says Larry Lerner, a partner at the consulting giant who leads its global banking and securities analytics practice. During that time, McKinsey has developed an elaborate rubric to help chief executives identify problems most ripe for AI solutions, and which ones are likely to pay off first.
In conversation with Fortune Lerner broke down a report McKinsey published today, which he calls a guide for how banks can implement artificial intelligence.
