Don’t underestimate how banks operate. Things move very slowly in banking, so they absolutely need to justify it. Many banks still use GPT Mini, and even that requires approval from two levels of management. Even upgrading from Java 8 to Java 17 requires extensive justification.
Forget AI—you even have to justify using a MacBook.
You’re correct, but in the span of time - they are just doing the same thing everyone else is doing in many industries, just way slower