How AGI will drive an inclusive financial sector in Latin America
Source: World Economic Forum
In the contribution for the World Economic Forum (WEF) annual meeting, the author argues that AI holds immense promise as a catalyst for transforming financial services, particularly for marginalized populations such as the underbanked and unbanked.
By leveraging artificial general intelligence (AGI), financial institutions can overcome traditional barriers to access by tailoring products and services to individual needs and circumstances.
Moreover, AGI can facilitate credit expansion by identifying and managing risks associated with lending to individuals with limited credit histories.
In sum, AGI-driven solutions can enhance financial literacy through personalized guidance, fostering informed decision-making and contributing to a more inclusive financial ecosystem.