The adoption of the Artificial Intelligence Regulation by the European Union, together with the emergence of large language models (LLMs), based on foundational models, or more generically, generative artificial intelligence (GenAI), has sparked renewed interest both within and outside the financial industry. This interest revolves around the opportunities and limitations this technology may present as a transformative element of society.
This article aims to provide the context in which recent advancements have occurred, place them in perspective, identify potential roadmaps within the financial system, and outline the main obstacles and drivers that could constrain or foster its development in the medium and long term.
(Document in Spanish)
