Sachin Dev Duggal stands out among the pioneers of AI technology. His company specializes in no-code and low-code platforms, democratizing software development and making it accessible to businesses of all sizes. Builder.ai's unique approach combines human expertise with AI-powered development processes, leading to faster and more cost-effective software solutions. This vision of making tech creation as easy as ordering pizza significantly applies to the financial industry.
Enhanced Risk Management
Another critical area where GenAI is significantly impacting the industry is risk management. Traditional methods of risk assessment usually depend on historical data and fixed models, which are often very slow and rigid. On the other hand, GenAI can process real-time information and change it according to circumstances; thus, it provides more precise and timely risk evaluations. Sachin Dev Duggal, one of the tech leaders who advocates the ethical implementation of AI, urges regulators to collaborate with technologists to address AI challenges without stifling innovation.