Months into the advent of more powerful artificial intelligence, a split is emerging inside the corporate world: engineers and marketers are embracing it, while lawyers less so, Nasdaq's chief technology and chief information officer said Tuesday.
, which operates stock exchanges and sells technology for global markets, workers across different departments are exploring how to use more novel AI, Brad Peterson said at the Reuters MOMENTUM conference in Austin.
One unit ran a "hackathon," or collaborative engineering event, of so-called generative AI, technology that produces text, images or other new content based on past data. The division, Verafin, was exploring how to imbue such AI into its product for fighting financial crime, he said, adding the technology could create investigative reports. Verafin has used AI more generally to spot doctored checks.
On the other hand, lawyers at the company - a group that some more broadly expect to use AI to summarize long documents - are interested but more cautious on the technology, he said. Nasdaq has taken a permissioning approach to deal with concerns tied to AI, for instance, the risk confidential content fed to it could be accessed by others.
Employees must register to use certain AI tools internally and undertake training before they proceed, Peterson said. The company would not immediatelyStill, despite using other forms of AI for years, Nasdaq's latest work remains experimental; no code has been published yet drafted by AI, Peterson said. The company's lawyers are hashing out with vendors who owns the final output, he said.
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