The Ledger
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Ulrich: Centralizing all enterprise AI functions into one department is foolish
“Artificial intelligence, like electricity, like it, it's just a part of so much of the organization. It would be foolish, dangerous, and probably impossible to try to strip out all those elements and centralize them into one place.”
Ulrich: Traditional ML beats GenAI for structured data and fraud management
“If you have structured data, you're doing forecasting models, a lot of the fraud management, traditional artificial intelligence, machine learning, Is going to be more efficient, more effective, and certainly more cost effective as a way to do it.”