Outcome
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The key to managing risk is avoiding undesirable outcomes; so if a business can identify ways to lose with AI, the odds of gaining competitive advantage using it go up.
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If I have learned anything from my predecessors it’s that papas need to stay up to date with all the latest techniques. So this year, given all the ChatGPT news, I thought I better consider how AI might help my grandson catch more fish.
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Equipment Finance is a business that feels like running on a treadmill set at twelve. And the roughly 12,500 finance brokers operating in the space are trying to help lenders keep up.
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Monitordaily Podcast Episode 68: AI for Equipment Finance: Improving Productivity Through Prediction
A decade ago, AI was a buzzword with little practical application in equipment finance. Today, companies in our industry are utilizing artificial intelligence for the purposes of prediction and automation, streamlining internal processes to increase productivity and drive better deal outcomes.
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Now there’s a new kid on the block for underwriters and business managers when it comes to predicting payments – AI based predictors.
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