Gref: AI makes 100% of decisions for individuals at Sber
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German Gref, head of Sber, stated that artificial intelligence now makes 100% of decisions regarding individuals at the bank. He also noted that Sber's AI models have become the second most powerful in the world, but declined to comment on whether employees are being laid off.
At a press conference, Sber CEO German Gref announced that the bank's artificial intelligence systems now handle all decision-making for individual clients, from loan approvals to other services. He highlighted that Sber's AI models have become the second most powerful globally according to industry rankings. When asked about potential job reductions due to AI adoption, Gref did not provide a direct answer and said the bank was developing new job roles instead. The announcement reflects the rapid integration of AI in Russia's largest bank.
Source: GNews RU — ИИ в России —
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