What’s new? (And how do you face it?)

The financial world (and the world at large) is constantly changing, and if your credit union or community bank doesn’t keep up with it, you might get left behind. But let’s be honest…it’s hard to keep up with everything!

That’s why we kept up with it for you.

Here are some trends we’ve noticed lately and suggestions on how to deal with the changing industry.

1. Advances in AI Technology

Besides ChatGPT, there are a huge number of other AI chatbots performing similar writing or conversation functions. And taking it a step further, OpenAI’s Dall·E 2 creates images for you based on text descriptions. Programmers train these AI systems on massive amounts of data (a whole internet’s worth), which helps the AI generate realistic text or imagery.

 

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