AI to drive financial industry profits to $2 trillion by 2028

According to a Citi report, AI could boost global banking, helping boost profits by 9% or $170 billion from just over $1.8 trillion to close to $2 trillion. AI is expected to be the General-Purpose Technology (GPT) of the 2020s-2030s and will revolutionize finance by changing operations and security and creating new concepts of intellectual

Source: Cryptopolitan