Solving FinTech Business Problems with GenAI
In this episode, we talk with Grant Schneider, the Vice President of Machine Learning at Upstart Network, and Founder of Banco, Inc.
Grant shares how generative AI (GenAI) is changing the way businesses solve their biggest challenges. With over 10 years of experience in machine learning and statistics, he explains how companies can adopt GenAI and stay flexible by swapping out AI models as soon as better ones are available. This approach helps businesses save costs, improve security, and keep up with rapid advancements in AI.
Grant also discusses the importance of avoiding reliance on a single AI provider. He suggests designing systems that can easily integrate new models when they outperform existing ones. He shares insights on the hands-on experience needed to understand how different models, like Claude and GPT, handle tasks and data formats.
We explore how GenAI is transforming fintech, making decision-making smarter and operations more efficient. Grant shares his thoughts on Bitcoin and how it's reshaping the financial landscape.
During our conversation, we also mention some great books:
- Boom: Bubbles and the End of Stagnation
- Willpower
- The Infinite Game