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AI is playing a key part in reshaping and developing businesses, and in improving people’s daily lives. Different concepts, tools and technologies that use algorithms—such as blockchain, machine and deep learning, natural language processing, generative AI, etc.—are beginning to show exciting possibilities that will support and optimise human intelligence. If guided by an ethical and responsible approach, this field can offer numerous rewards.

Finance and AI: “there will be a shift in the types of jobs that are available”

• For Jean Dessain, a professor of finance and machine learning and a partner at Reacfin, AI has already had a major impact on the financial sector, which no longer relies on human traders to manage stock-market transactions.
• Today’s technologies are making insurance more efficient by reducing response times and accelerating the processing of accidents and claims. They are also able to detect fraud in a just a few seconds.
• The transformation will have a major impact on jobs, notably at JP Morgan, which has developed a large language model to take charge of thousands of hours of contract review work.
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GettyImages - interview with Pierre Desmarais

Pierre Desmarais (lawyer): “ChatGPT doesn’t work for legal tasks”

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