Why Corporates Fail at AI | Steve Monaghan, Executive Chairman, Human AI
Description
Steve Monaghan, a pioneering leader in digital transformation and AI innovation in financial services, shares his insights on the evolving role of technology in banking. With a background spanning aviation, banking, and entrepreneurship, Steve has developed groundbreaking solutions, including the world’s first AI underwriting platform for life and health insurance. A former senior executive at AIA and DBS, he has been at the forefront of leveraging technology to drive growth and redefine industries.
Join Steve and Anthony Sar, CEO and Co-Founder of Finoverse, as they discuss the challenges and opportunities of adopting AI in large institutions, the role of startups in driving innovation, and how to build trust and foster a culture of curiosity in the age of advanced technologies.
00:00 Setting Realistic AI Expectations in Banking
05:35 Balancing Risk Management and Innovation
10:34 Building Trust in FinTech and AI
23:08 The Future of Trust in Technology
33:53 Embracing AI to Amplify Human Potential
43:59 The CEO’s Role in Driving Innovation
50:55 Overcoming Fear and Balancing Expertise
01:00:25 Newton’s Laws of Organizational Change
01:03:58 Building a Rebel Alliance for Change
01:16:38 Curiosity and Continuous Learning in Innovation
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United States
