AI Literacy For Finance Professionals - Three Things You Need To Know

As AI proliferates, it is not just data scientists who need to learn AI. AI Literacy is fast becoming a requirement for professionals from all industries. I recently participated in an overview of AI for Finance Professionals, organized by SLASSCOM Sri Lanka for finance professionals in Asia. While there are thousands of AI techniques and tools available, the AI lifecycle in business tends to follow a predictable pattern - shown in Figure 1. The lifecycle begins with an identification of the business need.