135 - Where AI and ChatGPT Replace Compliance (and What Should Remain With Humans)

ChatGPT has had a big impact on many industries worldwide because of its ability to accelerate and simplify processes. Although some people are worried about the job losses that applications like ChatGPT are likely to cause, I am excited about the future of the compliance sector with this kind of technology available. Tune in today to hear why!  If you found value in this episode, I would really appreciate if you could leave a review! My mission is to help and support as many FinTech startups as possible, and when you leave a positive review, more people can find this podcast and help their companies! If you are on Apple, just click here to review, select "Ratings and Reviews" and "Write a Review" and tell me what your favorite part of the podcast is.    Today's episode: [00:39] The huge impact that ChatGPT is having on many industries worldwide.  [01:20] Reasons why ChatGPT has taken the world by storm.  [01:54] Examples of the compliance-related jobs that are likely to be taken over by ChatGPT or other AI applications in the near future.  [03:04] Why many people are fearful about the impact of ChatGPT.  [03:19] Why I disagree with the negative opinions that many people have towards ChatGPT and similar AI technologies. [04:18] Activities that are likely to remain in the hands of human beings for the foreseeable future.  [05:23] The three essential pillars of compliance. [05:55] Problems that are likely to arise if the three essential pillars are not in place.  [07:26] The human actions that will be the most difficult to replace with AI technology.   Show links: Interested in FinTech compliance? - consider investing in the FinTech Compliance Self-Starter Package! I would love to invite you to sign up for my newsletter. If you are interested, please click here.

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