Digital Transformation, Financial Stability, Opinion, Risk Management

Generative AI: An opportunity or a ‘grey rhino’ lurking?

By Gary Lynam
Image: Getty Images

It’s often easy to be wise after a calamity with the benefit of hindsight uncovering hidden issues and seemingly unforeseeable shortcomings. The demise of Credit Suisse was a classic, avoidable “grey rhino” event: a highly probable event with the potential to have a high impact.

Investigations concluded that ...

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