Mastodawn

Leaked emails show Bank of America's struggles with Nvidia AI: 'You have to help us as local car mechanics drive the race car!'

https://reddthat.com/post/59038502

Leaked emails show Bank of America's struggles with Nvidia AI: 'You have to help us as local car mechanics drive the race car!' - Reddthat

- Bank of America struggled with adopting Nvidia’s AI software, internal emails showed. - Its challenges with Nvidia AI Factory highlight difficulties for regulated industries like banking. - AI deployment hurdles are common across sectors, experts say.

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unmagical Jan 27

What the fuck is a bank trying to do with AI that existing statistical models and if statements don’t already solve?

Who bears the consequences when the AI erroneously approves or denies someone?

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officermike Jan 27

Who bears the consequences when the AI erroneously approves or denies someone?

Easy: the American taxpayer.

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TrueStoryBob

Yeah, I was gonna say, that’s what happened after the 2008 financial crisis… they just asked the computer who do foreclose on and it spit out hundreds of thousands of names… some of whom should not have been foreclosed. The government just let the banks say “oops, sorry, nothing we can do.”