Public statements from industry leaders reflect rising scrutiny around AI. Bank of America CEO Brian Moynihan stresses the need to understand how AI uses data and makes decisions to ensure fairness and regulatory compliance, especially in lending. He notes that transparency is essential to meet customer expectations and legal requirements. Other executives highlight the growing importance of GPT and large language models, recognizing their potential and preparing their organizations to adopt them safely. Many firms are already developing use cases, configuring environments, and enabling capabilities to harness AI’s value while maintaining responsible oversight.

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