VentureBeat kicked off our highly anticipated AI Impact Tour in San Francisco, bringing together industry leaders and decision-makers to share insights on the rapid adoption of generative AI in the banking sector, as well as the cutting-edge areas surrounding the governance of this transformative technology.
The Power of Generative AI in Real Applications
As part of our AI Impact Tour, we aim to facilitate engaging discussions among enterprise decision-makers, focusing on the practical implementation of AI in real-world scenarios. With a specific emphasis on harnessing the potential of generative AI, we address both the thrilling possibilities and the concerns associated with this emerging technology.
“Wells Fargo’s CIO Chintan Mehta shared the remarkable progress made by the bank, particularly through the Fargo app. This virtual assistant, built on Google’s large language models (LLMs), has garnered immense popularity since its launch in March. Handling a staggering 20 million interactions so far, the Fargo app is poised to reach 100 million interactions as more capabilities are added,” said Chintan Mehta.
This insightful update from Wells Fargo serves as evidence that the banking industry has embraced generative AI more extensively than anticipated, showcasing its transformative potential.
Security Threats and Ethical Considerations
Silen Naihin, former founding engineer of AutoGPT, a company that revolutionized the developer world with its autonomous LLM agent, provided the audience with an in-depth overview of the leading security threats to LLMs. Naihin even shared intriguing examples of bold prompt injection techniques, where individuals were able to manipulate an LLM assistant to their advantage.
“By highlighting the risks associated with excessive empowerment of LLM agents, Silen Naihin shed light on the importance of responsible AI implementation,” added Silen Naihin.
Remarkably, Naihin, who currently heads Stackwise, a new LLM agent company, was unable to attend in person due to being blocked at the Canadian border. However, his co-founder joined the event in person, making the talk engaging and interactive for all attendees.
The AI Impact Tour was launched in response to the lack of platforms that bring together enterprise decision-makers to facilitate the deployment of AI, especially in the realm of generative AI. Many organizations are still in the proof of concept stage, limiting the industry’s progress in this domain. The exclusive, invite-only events, with a maximum capacity of 75 guests, are designed to foster meaningful conversations and fruitful networking opportunities.
Our upcoming event will be held in New York this coming February, where we will dive even deeper into specific themes and industries. These insights will then be brought to our flagship Transform event, scheduled for July 10-11, where we will explore AI applications across various sectors. Stay tuned for exciting announcements about our partners who will be joining us on the AI Tour.
To learn more about the AI Impact Tour and get involved, click here.
We look forward to seeing some of you in New York City, and hopefully meeting many more of you during the rest of our tour. For an excellent review of the evening, highlighting the contrasting views on AI governance between IT and business leaders, check out the article written by Ted Shelton from Bain & Co.
