The economic viability of AI: Why Microsoft and Uber are now hitting the brakes
Is the use of artificial intelligence (AI) in businesses really worth it? Major tech giants such as Microsoft and Uber are already restricting the use of external AI tools. The reason: soaring costs resulting from the switch to token-based billing and the enormous resource demands of autonomous systems (Agentic AI). We shed light on the hidden cost factors and explain what economic alternatives are available.
Automating Financial Statement Compilation in FINOYO with AI
The use of AI in the automated reading of annual financial statement information is a fundamental step towards a redefined financial statement audit and the possibility of rethinking the entire process – an audit that focuses on analysis, assessment and quality rather than data entry and hard work.
Artificial Intelligence for Credit Management
AI offers great opportunities in credit management, but each task requires the right model. Whether rating forecasts, document creation or information systems: only the right selection, database and implementation enable real gains in efficiency and quality.
Agentic AI: Impact on Credit Management
Developments in the field of artificial intelligence are advancing at a breathtaking pace. Language models such as GPT and Mistral have long since conquered everyday life – but the next stage is already upon us: agentic AI. Unlike traditional AI systems, which respond purely reactively to inputs, agentic AI systems independently pursue goals, plan intermediate steps and coordinate actions. This new paradigm could fundamentally change credit management.
