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Claude for Financial Services

anthropic.com

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Re: Claude for Financial Services

#51

Post by eddythompson80 »

noobly wrote: post #47
eddythompson80 wrote: post #22

The more and more AI projects I see both at work and online, the more convinced I'm that I should treat AI as an application interface, that's all. It's a slightly different modality for the application. Nothing AI does wasn't possible before. You could always "create a price performance chart showing a stock's movement with key events annotated since May". You could also always buy dozens of software that will not j…

But, unfortunately, it also runs the risk of hallucination and improper logic.

But that's fine for an mode of interface, right? The risk is significantly mitigated the same way GUI workflows risks are mitigated.

Every RDS database with a dozen of terabytes that's at the entire value of a business that's running it still comes with a "Delete permanently, skip snapshot" button and, believe it or not, accidentally clicking it is not THAT unheard of.

If AI is thought of as an interface for an application where the "destructive" functions are all explicitly and clearly represented to the user and all the other actions are safe to experiment with is acceptable.

Bad UX (be it GUI, CLI, TUI, AIUI or even physical) can cause catastrophic bugs. Remember the Cisco switch with a reset button above an RJ45 port? https://thenextweb.com/news/this-hilarious-cisco-fail-is-a-n...

Re: Claude for Financial Services

#52

Post by andyferris »

eddythompson80 wrote: post #33
throw234234234 wrote: post #24

Earlier quoted context omitted.

I've been thinking that for some time. Its a "looser way" to describe what you want as a different modality; a dynamic interface if you will. Even with code editors I've found its good to generate a lot of volume, but the detail still needs iteration or going back to direct instruction (i.e. code/clicking/etc). That applies to any artifact where iteration and validation is required to get it right. Instead of determi…

Maybe the problem in framing AI as an interface is that there isn't that much money in an "interface" is there? Like there is no money in "GUI". There is a lot of work that each company wanting to build a good GUI app needs to put into their particular app. And the more specialized the app, the more custom and potentially complex and expensive that will be. But there are no "GUI companies", unless you count Microsoft…

Well… that’s not a bad analogy actually. Those companies became huge due to their GUI platforms - there was money there at the time.

OpenAI & Anthropic would like to become huge on their “AI-UI” platforms.

Re: Claude for Financial Services

#53

Post by tonyhart7 »

MuffinFlavored wrote: post #28
hbcondo714 wrote: post #17

FWIW, OpenAI has an offering called “Solutions for financial services”: https://openai.com/solutions/financial-services/

Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?

"Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?"

how can you ask this question, it literally called "financial". its screams money all over the place

Re: Claude for Financial Services

#54

Post by frutiger »

6Az4Mj4D wrote: post #19
overgard wrote: post #5

AI didn't eat code.

In the end in few years, it will be whosoever has better AI wins in all fields. Monopoly sort of thing. I finance world maybe they win most of the trades.

> I finance world maybe they win most of the trades.

Every trade has two participants.

Re: Claude for Financial Services

#55

Post by andrewstuart »

Anthropic needs to stop all development until it can give us better ways to get files out of a chat.

It’s copy and paste hell and they’re just not solving it.

“Download all files” from a chat or git pull from a chat or sftp from a chat or something but please fix it.

Re: Claude for Financial Services

#56

Post by driggs »

andrewstuart wrote: post #55

Anthropic needs to stop all development until it can give us better ways to get files out of a chat. It’s copy and paste hell and they’re just not solving it. “Download all files” from a chat or git pull from a chat or sftp from a chat or something but please fix it.

If you work in a Project, Claude populates an "artifact" in the righthand pane.

The hamburger menu lets you select different artifacts, if there are several, and the "Copy" button has a dropdown that lets you either add it to your Project or download the file locally.

Re: Claude for Financial Services

#57

Post by andrewstuart »

driggs wrote: post #56
andrewstuart wrote: post #55

Anthropic needs to stop all development until it can give us better ways to get files out of a chat. It’s copy and paste hell and they’re just not solving it. “Download all files” from a chat or git pull from a chat or sftp from a chat or something but please fix it.

If you work in a Project, Claude populates an "artifact" in the righthand pane. The hamburger menu lets you select different artifacts, if there are several, and the "Copy" button has a dropdown that lets you either add it to your Project or download the file locally.

I am aware of that - “download one file” is not enough.

It needs “download all files”, as I said.

It is crazy to end up with 16 files listed in the hamburger file list and need to click download 16 times and keep track of what you’ve downloaded and then rename them properly.

As I said, Claude needs to fix this with sftp or download all files or git pull or something.

Re: Claude for Financial Services

#58

Post by fancyswimtime »

paxys wrote: post #9
khurs wrote: post #8

LLMs came out in 2022 and Finance being a lucrative sector and heavy on tech staff has had 2.5 years to move on this. So what is the existing competition? what is JP Morgan doing already in house/Bloomberg offering? Deepseek was made by a HedgeFund founder, so he is also well placed.

Investment firms aren't known to advertise or resell their secret sauce. AI has been used in trading in some form or the other for close to 40 years now.

nearest neighbour famously so

Re: Claude for Financial Services

#60

Post by nunez »

MuffinFlavored wrote: post #28
hbcondo714 wrote: post #17

FWIW, OpenAI has an offering called “Solutions for financial services”: https://openai.com/solutions/financial-services/

Why are both AI giants choosing to pay attention specifically to this space out of all other spaces they could choose to focus on?

Because large customers in this vertical are going nuts over AI and are willing to spend massive amounts of money on stuff like this
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