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Stephanie Turner
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8 months ago
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Visa has introduced hundreds of AI use cases and has no plans to stop
- Visa utilizes 500+ applications powered by generative AI
- The company intends to capitalize on the benefits of the technology
- Visa is restructuring its international business
- The company will lay off 1.4k people, of which 1k will be IT roles
- Visa assures that it is not trying to replace people with AI.
- AI should improve productivity, safety, etc.
- For example, an AI tool helps find errors in code
- Visa has invested $3.3 billion in AI and infrastructure over 10 years
- Visa may create “digital employees” in the future
- A typical employee will be able to supervise 8-10 digital employees
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