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What Credit Unions Must Do Today to Pursue AI

The first step to preparing for AI is to work on data quality and data hygiene.

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AI CUs prepare for the onset of AI.

It is not hard to find credit union leaders who are enthusiastic about artificial intelligence. Go to any conference or seminar and you’ll find vendors already promising the future of AI. The enthusiasm is well-placed, but depending on which AI thought leader one cites, the percentage of jobs that will be replaced by AI varies. Serial AI Venture Capitalist Kai-Fu Lee said 40% of jobs will be automated by AI. Oxford University’s researchers found the figure to be even higher, suggesting 47% of today’s jobs are candidates for AI obsolescence.

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