GenAI investment could unlock ‘co-working’ future in financial services, says Moody’s

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As you look at the growing interest in generative artificial intelligence (GenAI), you’ll see that the financial services industry is becoming one of the most active players. Moody’s Corporation believes that increased investment in GenAI is paving the way for a new kind of teamwork between humans and AI — a model they call “co-working”.

Cristina Pieretti, the general manager for GenAI solutions at Moody’s, explained that the industry was initially cautious about GenAI due to unclear regulations. “It is an industry that initially was probably the most nervous due to regulatory uncertainties,” she said. But today, there’s a shift happening. “There is growing excitement about the potential for transformative changes that GenAI can bring to the entire industry.”

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