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AdvertisementSpeed and ease — that's how generative AI is changing the game for finance professionals. In a survey of 780 banking and capital-markets employees by Accenture Research, 62% of respondents expect generative AI to increase people's stress and burnout. "Employees with AI skills will replace people without AI skills," Andrew Chin, the chief AI officer at the $759 billion money manager AllianceBernstein, told BI. AdvertisementA data scientist at a midsize hedge fund told BI that generative AI models are a "superpower for coders." The firm's ultimate aim is to use generative AI to replicate the success of its best bankers for all advisors.

Persons: Christina Melas, Rowe Price's Sébastien, Eric Burl, Alyssa Powell, Thomas H, Lee, Keri Smith, Smith, Ken Griffin, They've, Goldman Sachs, Marco Argenti, Argenti, It's, I've, drudge, Andrew Chin, AllianceBernstein, Lisa Donahue, Donahue, Jobs, who's, He's, he'd, ChatGPT, Accenture's Smith Organizations: Bain Capital Ventures, Management, Business, Bain Capital, Man Group, Accenture Research, Finance, Wall Street, Blackstone, Sigma, Citadel, Milken Institute Global Conference, Excel, Accenture, Northern Trust, Citibank, Citi, JPMorgan Locations: New York City, New York

☆ How Rak Garg became Bain Capital Ventures' youngest partner at just 27 years old in less than 3 years
▼ + stars: | 2024-07-02 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +7 min

After spending two years building products at Atlassian, Garg quit his job to start his own company. However, through his efforts to start a company, Garg met Enrique Salem, a board member of Atlassian and partner at Bain Capital Ventures, the multi-stage venture fund managing over $10 billion in assets and a unit of Bain Capital. In response, Garg helped start Atlassian Access, a new identity management product that scaled to thousands of customers. AdvertisementBecoming BCV's youngest partner in under 3 years"I didn't know anything about venture," Garg said. "We are very high-touch in how we work with these companies," Garg said.

Persons: —, Garg, Enrique Salem, Salem, Rak Organizations: Service, Business, Bain Capital Ventures, Bain Capital, BCV, UCLA, Atlassian, Viso Trust, BCV Labs Locations: Atlassian, Delhi, Bay, ideating

☆ Psychologist shares a 5-step plan to come up with great ideas: It's a 'game-changer' in any workplace
▼ + stars: | 2024-01-17 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

If someone tells you, "come up with a great idea," your mind probably goes blank. But it doesn't have to be, says psychologist Allison Butler — you just need to know what steps to follow. Whether you want to impress your boss, invent something or start a successful business, Butler recommends a methodology called "design thinking" that she says can help anyone come up with great ideas. "The idea is that it seems like a checklist: Watch people, learn from them, craft insights, brainstorm great ideas [and] start to prototype," says Butler. Embracing critical feedback can help you do more than improve your ideas, too.

Persons: Allison Butler, Allison Butler —, Butler, you've, Cortney Warren Organizations: Innovation, Bryant University, Apple, Google, CNBC

SAN FRANCISCO, Nov 16 (Reuters) - OpenAI, whose generative AI products initially raised fears of widespread cheating on homework, is now exploring how it can get its popular ChatGPT chatbot into classrooms, according to a senior executive. Backed by billions of dollars from Microsoft (MSFT.O), OpenAI kicked off the generative AI craze last November by releasing its ChatGPT chatbot, which became one of the world's fastest-growing applications. But within a few months, teachers started seeing how ChatGPT could be beneficial, he said. A new team at OpenAI would be an extension of the work the company has already done to integrate its technology into the classroom. There are myriad ways to use ChatGPT in classrooms, said Andrew Mayne, a former OpenAI employee who works with educators through his AI consulting firm Interdimensional.

Persons: Brad Lightcap, ” Lightcap, OpenAI, we’re, Andrew Mayne, “ ChatGPT, ”, Anna Tong, Kenneth Li, Matthew Lewis Organizations: FRANCISCO, INSEAD Americas, Microsoft, Union, U.S, Khan Academy, Schmidt Futures, “, Thomson Locations: San Francisco, OpenAI, Sydney

☆ This guy turned the 'action button' on his iPhone 15 Pro into a 'Starbucks button' that orders him a latte as he approaches the store
▼ + stars: | 2023-10-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

A TikToker has put the iPhone 15 Pro's action button to use as a customized coffee-ordering shortcut. He can bypass the app and order Starbucks with the click of a button on his phone. AdvertisementAdvertisementThe new iPhone 15 Pro's action button can make your coffee runs quicker. Pushing the action button triggers certain actions only in specific instances. The iPhone 15 models launched in September, and the new iPhone 15 Pro has been met with criticism since its release.

Persons: —, TikToker Brett Turner, Turner, he's, Brett Turner Organizations: Service, Starbucks, Apple, Saturday

☆ This Harvard dropout and her brother launched a company to conserve liquids in factories
▼ + stars: | 2023-07-22 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

"As with every family business, everyone is involved in the family business," Annie told CNBC. We grew up in the sector," Annie told CNBC. Zoom In Icon Arrows pointing outwards Annie and David Lu at a Harvard Innovation Labs event, when they were still ideating. As part of this partnership, Unilever tested the H2Ok Innovations solution at its Ben & Jerry's facility in Waterbury, Vermont. "They are exceptionally smart, visionary and courageous — the kind of founders investors dream to back," Iskold told CNBC.

Persons: David, Annie Lu, Annie Lu Annie Lu, Lu, Lu's, hasn't, Annie, David's, David Lu, David Lu They, Sandeep Desai, Desai, Jeff Bussgang, Alex Iskold, doting, Iskold, Dayna Grayson, We've, David giggled, it's Organizations: Harvard, CNBC, H2Ok, Construct, Flybridge, Ventures, Greentown Labs, Forbes, H20k, Harvard Innovation Labs, Unilever, AB InBev, Coca Cola Co, Colgate, Palmolive, Waterbury, Unit, Flybridge Capital, Construct Capital Locations: China, Saskatoon, Canada, Bay, Techstars, Boston, Minnesota, Minneapolis, Waterbury , Vermont, U.S, Brazil, United States, H2Ok

☆ Meet the 31-year old VC and self-made millionaire who faced Hong Kong loan sharks and his own fear of death
▼ + stars: | 2023-04-14 | by ( Darius Rafieyan | ) www.businessinsider.com time to read: +9 min

31-year old Maurice Ng came to the US with nothing after his family fled loan sharks in Hong Kong. It was a simple spreadsheet that inspired Maurice Ng at 29 to quit his job to become a venture capitalist. He deducted a little over 2,000 days for commuting time, and allowed himself 255 "regular sick days" and 10 "serious sick days." Assuming 3 meals a day, 365 days a year, 1 hour per meal, he deducted 5,817 days for eating. Despite the current turmoil in the tech industry and venture capital, Maurice seems to be inoculated against self doubt.

☆ From DeSantis to Trump, last week defined Republican Party in 2022
▼ + stars: | 2022-09-27 | by ( Kurt Bardella | Kurt Bardella Is An Adviser To The Democratic Congressional Campaign Committee | A Member Of The Korean Americans For Political Action Board Of Advisers. He Is A Former Spokesperson | ) www.nbcnews.com time to read: +6 min

Ron DeSantis, using human beings as political props for a craven publicity stunt designed to stoke right-wing outrage toward migrants. Then, the current Republican Party standard-bearer found himself in even more legal hot water after the New York attorney general's lawsuit alleging Trump and his eldest children committed fraud. During climate week, Democratic Govs. The GOP has had other bad weeks in the past — and so has the Democratic Party. I left the ranks of the Republican Party because I was worried it had fundamentally lost its way.

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