Deloitte, a leading professional services firm, has unveiled PairD, its own artificial intelligence (AI) chatbot, to improve the productivity of its employees in the Middle East and Europe. This internally developed chatbot is designed to generate code, text, and PowerPoint presentations, demonstrating Deloitte’s commitment to having complete control over its technological tools.
The company’s decision to develop PairD from scratch underscores its determination to ensure the seamless integration of AI into existing processes while maintaining data security. Deloitte believes that this generative AI platform holds significant potential to benefit not only the firm and its clients but also society at large.
While specific performance details comparing PairD to mainstream AI chatbots are not available, industry insiders suggest that Deloitte’s offering may outperform its competitors in accounting, finance, and legal tasks. Richard Houston, Deloitte U.K. CEO, highlights PairD’s ability to provide project management advice, create project plans, and offer task prioritization suggestions.
In addition to internal use, Deloitte plans to extend access to PairD to the staff at Scope, a disability charity. However, users will be required to undergo an AI crash course to fully leverage the capabilities of this emerging technology.
PairD is just one example of Deloitte’s foray into the realm of AI. The company has previously launched a Global Generative AI Market Incubator to foster the development of novel generative AI prototypes. Furthermore, Deloitte has been exploring blockchain technology to enhance its Know Your Customer (KYC) process, employing numerous experts in the field.
Deloitte’s move toward AI reflects a broader trend in the professional services industry. KPMG, for instance, has invested $2 billion in Microsoft’s AI research, aiming to revolutionize its global audit platform. By leveraging the power of AI, professional services firms can enhance efficiency, elevate their services, and remain competitive in an evolving landscape.
As AI continues to advance, integrating enterprise blockchain systems becomes crucial to ensure data quality and ownership. This combination allows for secure data storage and preserves the immutability of information, setting the stage for the future of AI-powered solutions.
To learn more about the intersection of blockchain and AI and delve into a comprehensive guide on blockchain technology, explore CoinGeek’s Blockchain for Beginners section.
The source of the article is from the blog toumai.es