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Leaked emails show Bank of America's struggles with Nvidia AI: 'You have to help us as local car mechanics drive the race car!' (www.businessinsider.com)
submitted 6 months ago by to c/fuck_ai@lemmy.world
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  • 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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[–] 2 points 6 months ago

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

US Banks bet 100% on a Harvard debt derivitization algorithm before 2008. No one checked if it was valid.

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