How quickly is artificial intelligence poised to change the world? To hear Kal Majmundar tell it, it’s likely to happen by the end of this decade.
“The internet took 20 years to fully materialize,” Majmundar, chief technology officer at Patelco Credit Union, said during Callahan’s quarterly Trendwatch webinar on Aug. 16. “It’s predicted AI will be there in six to seven years, and that will be basically utilized everywhere. The pace of change is much faster.”
Here, Majmundar offers not only a brief history of AI but also a preview of the AI landscape beyond banking and how the emerging technology could impact credit unions in the long term.
Missed Out? Don’t Pout! Callahan’s second quarter Trendwatch webinar is available on-demand. Find out what’s happening in the U.S. economy during the market update from ALM First, then delve into second quarter credit union performance results with Callahan & Associates. Finally, hear from Patelco Credit Union on best practices for implementing AI. Watch now.
