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Mehrotra says that in November 2022 and before, about 90% of models organizations used were homegrown or built in-house.
“November 2022 and before, 90% of the models that you have that any organization used to use, uh, was really homegrown or inbuilt”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:45:11
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Prashant Mehrotra describes his role as Chief AI Officer at U.S. Bank through four E's, including evangelizing, educating and enabling.
“I look at my role as the chief A I officer in in four E's.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:02:24
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Mehrotra says U.S. Bank reviews hundreds of AI ideas that it intends to deploy.
“we have hundreds of ideas uh that we review and we are intending to deploy.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:01:12
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Mehrotra says AI that supplies information to agents during live customer calls has significantly raised customer satisfaction at U.S. Bank.
“how we get the information while the customer is on, uh, you know, in in in moment and is on the call with us.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:09:25
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Mehrotra says U.S. Bank's AI code review tool, after the pilot, analyzed and reviewed code at a rate much higher than 50% faster.
“when we moved out of the pilot, we were much higher than 50% faster rate of being able to analyze and review our code.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:13:11
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Mehrotra says generative AI prompts for contact center staff cut the time to answer client questions from multiple minutes to tens of seconds.
“we saw what used to take us minutes, multiple minutes in providing the answer and a solution to our clients. Uh, we are able to bring it down into tens of seconds”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:13:45
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Mehrotra says U.S. Bank reduced the time needed for governance and approval of AI capabilities over the preceding six months.
“we have actually been able to cut down in the last six months that time it takes for us to go through the governance and approval process.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:19:08
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Mehrotra says risk approval times for some AI capabilities at U.S. Bank were cut in half.
“in some cases, the the approval and the risk approval times being cut down in half”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:20:28
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Mehrotra says the AI code review tool is now in the hands of thousands of U.S. Bank's code developers.
“right now, it's in the hands of thousands of our code developers.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:25:00
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Mehrotra says scaling AI pilots at an enterprise requires addressing issues such as disaster recovery and change management.
“scaling requires tackling enterprise, uh, you know, size constraints, and, you know, things like, uh, you know, disaster recovery, being, you know, change management.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:25:00
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Mehrotra says U.S. Bank is rolling out AI learning programs to its entire workforce, from leaders to frontline associates, tailored to roles.
“we are making sure that we are rolling out learning programs for our entire workforce.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:29:32
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Mehrotra says human-in-the-loop review is U.S. Bank's driving principle for AI-driven customer contact.
“we have, you know, human in the loop in the place, which I would say is our driving principle”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:35:27
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Mehrotra says AI leadership at U.S. Bank centers on a core group of the chief AI officer, the chief data product officer and the chief technology officer.
“We have a core group between, you know, the chief, uh, I already mentioned, uh, as chief A I officer, our chief data product officer, and the chief technology officer.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:37:46
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Mehrotra argues that AI without a trustworthy data foundation is itself a hallucination.
“A I without data itself is a hallucination.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:39:37
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Mehrotra says U.S. Bank works with hyperscalers and also with startups on niche AI problems such as guardrails.
“we are working with a lot of, uh, uh, you know, uh, startups and entrepreneurs”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:42:31
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Mehrotra says generative AI is the first technology that lets the bank use external models at scale without modifying them.
“for the first time that that we are able to leverage external models at scale without modifying them.”
Prashant Mehrotra · Enterprise AI at Scale: How U.S. Bank's Chief AI Officer Deploys AI Across 70,000 Employees | CXOTalk #906, 0:44:24