Tag: technology

AI, aml, Cybersecurity, Development, Innovation, RegulationsLeave a comment

New tensions for Banks from regulators on both sides of Atlantic with deadlines

Colin Henderson

US Treasury released AI Based plan to regulate financial services core funtions Artificial intelligence is increasingly embedded in core financial services functions – from fraud detection and cybersecurity to credit underwriting and operational risk management. As adoption accelerates, regulators and institutions must ensure that governance, supervisory approaches, and market practices evolve alongside technological capability. This will undoubtedly create tension within Banks to meet the requirements. I must add my own view the Treasury deployment is moving at such speed I doubt it can meet its own deadline as well as incorporate all their own objectives. There is a parallel and … Continue reading New tensions for Banks from regulators on both sides of Atlantic with deadlines

AI

Decision ordered the Trump administration to desist from applying the president’s directive WSJ

Colin Henderson

Anthropic Wins Injunction in Court Battle With Trump Administration WSJ Judge Rita F. Lin of the Northern District of California in her decision ordered the Trump administration to desist from applying the president’s directive that federal agencies stop using Anthropic’s technology, and from implementing its designation of the company as a risk to the national security supply chain. She also required the government to provide a report by April 6 detailing how they have complied with her ruling. background Claude.ai The ruling just dropped today. Here’s the picture: The ruling: Judge Rita Lin granted Anthropic’s preliminary injunction, issued Thursday, two … Continue reading Decision ordered the Trump administration to desist from applying the president’s directive WSJ

AGI, AI, productivity, Progress, Risk

Parallel between Arendt ‘Human Condition’ and EU AI Act Digital Omnibus Act

Colin Henderson

The EU is facing serious challenges with their AI Act, and the reasons why are becoming evident and worth considering. My own interests in AI have been focussed on the opportunity to dramatically improve productivity in Banking through use of AI. This research has opened many doors for me, and some are beginning to come into better focus which improves my means to analyse the hurdles. My vision goes well beyond chatbots in terms of how AI will be ultimately integrated. I see two definitive potential tracks In this blog I have explored philosophy, poetry, research of academic papers, AI’s … Continue reading Parallel between Arendt ‘Human Condition’ and EU AI Act Digital Omnibus Act

AI

# Book Review: ‘Death Machines’ and the Limits of Algorithmic Ethics

Colin Henderson

A Synthesis of Elke Schwarz’s book ‘Death Machines’ and Its Implications for AGI Risk Synthesised from: Schwarz, E. (2018). Death Machines: The Ethics of Violent Technologies. Manchester University Press; Archambault, E. (2019). Review of Death Machines. International Affairs, 95(2), 470–471; and adjacent literature in autonomous weapons ethics and AI governance. Source: personal research and summarized, formatted and conclusions by Anthropic Claude.ai 1. What the Book Actually Argues Elke Schwarz’s Death Machines (2018) is frequently miscategorised as a book about drone warfare. It is not, or not primarily. Its true subject is what happens to moral reasoning when ethical decisions are … Continue reading # Book Review: ‘Death Machines’ and the Limits of Algorithmic Ethics

AI, AI_factories, Business Models

Nvidia backs AI cloud startup Nebius with $2B as data center race intensifies

Colin Henderson

Nvidia is investing $2 billion in Amsterdam-based Nebius, taking an 8.3% stake and deepening its push into the fast-growing “neocloud” layer of the AI stack. Nebius said it plans to deploy more than 5 gigawatts of data center capacity by 2030, a huge build-out that shows demand for AI compute is no longer driven solely by hyperscalers like Microsoft, Google, and Meta. The deal also underscores Nvidia’s increasingly unusual position in the market: it is not just selling chips, but financing parts of the ecosystem that buy and deploy them. Why that matters goes beyond one funding deal. AI infrastructure … Continue reading Nvidia backs AI cloud startup Nebius with $2B as data center race intensifies

AI

Two significant and related stories breaking simultaneously — and they illuminate a genuine fault line in the AI industry

Colin Henderson

Two significant and related stories breaking simultaneously — and they illuminate a genuine fault line in the AI industry. source: Claude AI Anthropic vs. the Pentagon The lawsuit stems from the Trump administration’s decision to label Anthropic a “supply chain risk” — a designation normally reserved for companies associated with foreign adversaries. The trigger was Amodei’s refusal to grant the DoD unrestricted access to Claude. Anthropic’s two hard positions: it didn’t want Claude used for mass surveillance of Americans, and didn’t believe it was ready to power fully autonomous weapons with no human in the targeting and firing loop. Anthropic … Continue reading Two significant and related stories breaking simultaneously — and they illuminate a genuine fault line in the AI industry

AI, genAI

The State of Enterprise AI – OpenAI

Colin Henderson

Open AI have produced this report based on anonymized data from actual usage of ChatGPT. Full report at end of post. Foreword: 01 Enterprise usage is scaling, with deeper workflow integration. ChatGPT messagevolume grew 8x and API reasoning token consumption per organization increased320x year-over-year, demonstrating that more enterprises are using AI and theirintensity of usage has increased. 02 Enterprises that leverage AI are experiencing measurable produc tivity and business impact. Enterprise users report saving 40–60 minutes per day and being able to complete new technical tasks such as data analysis and coding. Case studies indicate AI is contributing to important … Continue reading The State of Enterprise AI – OpenAI

AI, banking, Business Models, productivity

OpenAI Hires Ex-Goldman Staff to Help Cut Down Junior Bankers’ Grunt Work

Colin Henderson

In this Article By Omar El Chmouri October 21, 2025 at 6:06 AM EDT Takeaways by Bloomberg AI OpenAI has more than 100 ex-investment bankers helping train its artificial intelligence on how to build financial models as it looks to replace the hours of grunt work performed by junior bankers across the industry. The group, which includes former employees of JPMorgan Chase & Co., Morgan Stanley, and Goldman Sachs Group Inc., is part of a secretive project inside the startup that’s code named Mercury, according to documents seen by Bloomberg. Participants are paid $150 per hour to write prompts and build financial models for a range … Continue reading OpenAI Hires Ex-Goldman Staff to Help Cut Down Junior Bankers’ Grunt Work

AI, Growth, productivity

Bain – Many pilots, but not enough scaling with lack of clarity on objectives

Colin Henderson

Commentary from Greg @ Bain & Co. The theme is similar to what is becoming clear that business is deploying AI on employee desktops, but there is much less operational deployment targetted at productivity growth. ______________ Every other week we’ll provide updates on the latest value levers and trends operators are asking us about in Technology and Software. If there are things you want to hear more about – shoot us a note. Let’s start with the easy answer: Yes, AI is real and we have clients achieving 10-25% EBITDA improvement (top and bottom line). However, for every success story … Continue reading Bain – Many pilots, but not enough scaling with lack of clarity on objectives

AI, Growth, productivity

Productivity diffusion and invention during era shifts

Colin Henderson

Repost from my post to Medium Jun 2024. Introduction: I wanted to repost this from 2024 mainly to reflect what ha happened in the intervening year, where I was wrong and what we need to learn to move real gains in Productivity. _____________________________________________ How technology strategy, leadership and being the inventor does not associate with leadership. I have been considering the relevance of AI in context of more than just another invention, rather the catalyst for a step change in productivity. I believe AI, AGI and beyond will bring significant and consequential changes to countries, companies and people. But only if … Continue reading Productivity diffusion and invention during era shifts