Welcome to the AviaryAI Newsletter!

Thanks for joining us as we explore the intersection of GenAI and finance with practical learnings and the latest relevant insights. Let’s get started.

This week you’ll learn:

• 🤖 Copilot Wave 2: Simplified AI agent creation
• 🎬 YouTube's AI tools: Reshaping content expectations
• 🤝 T-Mobile and OpenAI team up for proactive customer care
• 📉 Underfitting: When AI needs more studying
• 🔐 The new secret weapon against voice scam 

Subscribe to the AviaryAI Newsletter here.

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GENERATIVE AI THIS WEEK 
The coolest things we're watching and why you should care
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Microsoft makes Copilot Collaborative, Faster, and Easy to Use
Microsoft unveiled Copilot Wave 2 last week, introducing Copilot Pages for collaborative AI workspaces and enhancing AI capabilities across Microsoft 365 apps. The update includes a new Copilot agent builder designed to enable anyone to create and deploy automated AI agents that can automate a variety of actions like scheduling appointments, handling customer inquiries, screening resumes, troubleshooting technical issues and more.

So what?
The introduction of customizable AI agents hints at a future where the boundary between human and AI labor becomes increasingly blurred. Particularly with Microsoft’s focus on making it easy for anyone to build these agents, regardless of their technical know-how. This could lead to significant workforce restructuring across industries, with a greater emphasis on jobs and skills that oversee and direct AI systems rather than perform routine tasks.

Learn more about Copilot Wave 2 here

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YouTube’s AI-Powered Tools for Creators
YouTube latest suite of AI tools for creators include, enhanced video generation via simple text prompts, automatic dubbing, and community-building features. The platform is also implementing transparency measures like SynthID watermarking for AI-generated content.

So what?
For companies in every industry, this shift goes beyond simply using new tech. We're entering a world where anyone can create professional-looking content, and people's expectations are changing fast. Businesses will need to find the sweet spot between using AI effectively and keeping people's trust.

Read the full story here

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T-Mobile Partners with OpenAI For Customer Service Transformation
T-Mobile is partnering with with OpenAI to create an AI-powered customer service platform that analyzes millions of interactions to perfect customer journeys. The system will leverage OpenAI's latest o1 model to identify pain points and personalize customer experiences.

So what?
This collaboration showcases how AI is helping businesses evolve from reactive to proactive customer service. For credit unions, this signals a shift towards predictive member care, where AI could anticipate needs before they arise. It challenges institutions to think beyond problem-solving and towards creating seamless, personalized experiences that strengthen member loyalty.

Read the full story here.

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GENERATIVE AI WORD OF THE DAY

Underfitting

Imagine trying to draw a straight line through a bunch of curved data points on a graph. The straight line might miss most of the points, failing to capture the true shape of the data. This is what underfitting looks like in machine learning. When a model underfits, it doesn't perform well on the training data or on new, unseen data because it hasn't learned enough about the underlying patterns. It's like trying to solve a complex puzzle with only a few pieces – you just don't have enough information to see the whole picture.

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GENERATIVE AI IN FINANCE

The latest news at the intersection of GenAI and Finance

Combatting Voice Clone Scams - The Safe Phrase

Starling Bank's recent study shows that over a quarter of UK adults have been targeted by AI voice cloning scams in the past year. These sophisticated fraudsters can now replicate a person's voice from just three seconds of audio, often sourced from social media. In response, Starling has launched the "Safe Phrases" campaign, encouraging people to establish secret phrases with close contacts for identity verification.

So what?

This news could be a pivotal moment for how we approach trust in the digital age. For credit unions, it presents a unique opportunity to redefine their role and strengthen member relationships.

Helping members implement a "Safe Phrase" does more than just combat fraud; it demonstrates a proactive approach to evolving threats. It shows members that their credit union understands the changing landscape and is adapting to protect them. This simple yet effective measure can set credit unions apart as forward-thinking, member-focused institutions.

Read the full story here.

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About AviaryAI

AviaryAI is the next evolution of financial interaction. Enhance your team with proactive outbound voice agents to welcome new members, encourage credit card activations, and drive non-interest revenue.

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