As AI has rapidly advanced and begun to play a key role in business, TDRI EIS organized the TDRI EIS Briefing on "Applications of AI for Business: Benefits and Risks." This event discussed AI trends and implications with executives from various organizations. Dr. Natth Bejraburnin, Head of AI/ML & Data Engineering, shared insights on AI's benefits for finance and banking.
- Abacus Digital is a tech company focused on using AI/ML to develop products and services, from credit risk models to marketing applications and chatbots for customer support.
- The main challenge is not just assessing the value of AI investment but also developing software systems to smoothly implement AI/ML technologies with real customers (productionization). This requires skills in data and software engineering.
- Data infrastructure is critical for AI. Without adequate storage, management, and processing, AI results may fall short of expectations.
Dr. Natth also highlighted AI's benefits, current application strategies, and future trends where technology will play a role in all sectors.