In this of the Responsible AI Report, Patrick speaks with Jeff Redel, Managing Director of the Data and AI governance team at ATB Financial. They discuss the evolution of AI agents, the importance of ethical implementation in banking, the skills financial professionals will need in the future, the necessity of human oversight in AI processes, and the regulatory challenges that accompany the rapid advancement of AI technology. Jeff emphasizes the need for a strong foundation in data governance and ethics, as well as the importance of education and adaptability for team members in the face of AI integration.
Takeaways
- AI is evolving from simple tools to sophisticated agents.
- Ethics and data governance are foundational for AI implementation.
- Education and training are crucial for team members.
- Data literacy is essential for effective AI use.
- Human oversight is necessary for decision-making with AI.
- AI agents improve performance but require human input.
Learn more at:
https://www.atb.com/personal/
https://www.linkedin.com/in/jeff-redel-2097291/
Jeff Redel is the Managing Director of ATB Financial’s Data & AI Governance team. His team focuses on ethical and responsible AI, data governance excellence, and strategic leadership and vision. Key areas include championing fairness and inclusivity, prioritizing transparency and explainability, upholding privacy and security, promoting responsible AI use, establishing data quality and integrity, ensuring data security and compliance, driving data literacy and accessibility, optimizing data management and architecture, aligning data and AI with business goals, fostering collaboration and communication, promoting a culture of innovation and learning, and building a high-performing team.
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