Part 11/14:
He clarifies that Generative AI (GNI) tools are not standalone solutions; when combined with traditional machine learning models such as Cyclops, they unlock significant enterprise value, providing nuanced, explainable, and adaptable credit decisions.
Implementing AI Strategy: A Top-Down and Grassroots Approach
Elant Finance’s AI journey adopts a dual strategy:
Top-Down Leadership: They conducted an internal "AI bootcamp" engaging all executives to identify use cases, define roadmaps, and prioritize initiatives.
Grassroots Innovation: Simultaneously, they empower knowledge workers to experiment with generative AI tools for tasks like contract analysis, legal document extraction, and process automation. Promising experiments are then scaled into formal applications.