CNBC Squawk Box Asia
On CNBC’s “Squawk Box Asia”, BCG’s Stiene Riemer explains that the combined use of predictive and generative AI has the potential to produce large-scale transformations in the banking sector. While many banks have used predictive AI for over a decade, she notes that GenAI will complement these traditional strategies and allow banks to build upon existing success. “AI will never do everything on its own well. If we think about it, AI works best if it is complemented by the human—and especially in those areas that fall outside of the area of expertise of AI,” Riemer says.