📝 One-liners · 66 cards
Emergin Ermonogies
What is Artificial Intelligence (AI) in the context of digital banking?
AI refers to the simulation of human intelligence in machines programmed to think and learn, enabling banks to automate decision-making, fraud detection, and customer service through algorithms.
What is Generative AI (GenAI) and how is it applied in banking?
AI that creates new content; used for reports, chatbots, and summaries.
How is Machine Learning (ML) different from traditional programming in banking applications?
Unlike traditional programming where rules are explicitly coded, ML algorithms learn patterns from historical data and improve their performance over time without being explicitly reprogrammed.
What is deep learning and how does it differ from standard machine learning?
Multi-layer neural networks that learn complex patterns automatically.
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