Waves in the Finoverse

Finoverse

From innovators to investors, dive deep into the minds of top leaders shaping the future of AI, FinTech, Web3, and Crypto. Discover how artificial intelligence is transforming industries and driving the next wave of innovation. This is Waves in the Finoverse – The Podcast. Subscribe and follow Waves in the Finoverse now to get the latest episodes delivered straight to your device. See you in the Finoverse!  www.finoverse.com Hosted on Acast. See acast.com/privacy for more information.

  1. The real reason behind every AI layoff | Maxim Afanasyev, FSI Head for APAC and Japan, Google Cloud

    2d ago

    The real reason behind every AI layoff | Maxim Afanasyev, FSI Head for APAC and Japan, Google Cloud

    Maxim Afanasyev has been coding large language models for over 20 years, long before the AI boom. He's an applied AI expert who's worked at McKinsey building AI transformations and now leads AI strategy at Alphabet. Maxim and Anthony discuss why 95% of AI applications don't deliver bottom-line impact, the global shortage of applied AI experts (only 200 mature professionals worldwide), and why banks are solving yesterday's problems instead of tomorrow's value propositions. They cover why LLMs became persuasion machines by learning human biases, how customers are now smarter than banks because of AI agents, and why agentic payments will force financial institutions to rethink their entire business model. Maxim also explains why cutting 20% of your workforce signals that your CEO failed at transformation. Timestamps00:00 Intro 01:08 Coding LLMs 20 Years Ago in a Soviet-Era AI Lab 06:02 How RLHF Turned Neural Networks into Machines for Persuasion 10:48 From AI Winter to AI Hype: What Actually Changed 13:40 Why 95% of AI Applications Fail to Deliver Bottom-Line Impact 20:22 The 200 Applied AI Experts Problem 25:27 How to Nurture Applied AI Talent Through Experimentation 32:52 Why Bank Chatbots Create Dead Weight Loss 42:48 How AI-Smart Customers Are Breaking Legacy Banking Models 52:08 Asia's Lead in AI Adoption & Why Banks Must Rethink Value 01:04:14 Agentic Payments, Trust & the Renaissance of Physical Experience 01:16:25 Agents, Regulation & the Future of Human-AI Interaction 01:25:00 AI Deepfakes, Recruitment Fraud & the URL-to-IRL Shift 01:35:04 Why CEOs Who Cut Jobs for AI Are Really Admitting Failure Follow Maxim AfanasyevFollow Anthony Sar Hosted on Acast. See acast.com/privacy for more information.

    1h 44m

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From innovators to investors, dive deep into the minds of top leaders shaping the future of AI, FinTech, Web3, and Crypto. Discover how artificial intelligence is transforming industries and driving the next wave of innovation. This is Waves in the Finoverse – The Podcast. Subscribe and follow Waves in the Finoverse now to get the latest episodes delivered straight to your device. See you in the Finoverse!  www.finoverse.com Hosted on Acast. See acast.com/privacy for more information.