you continue to amaze me. I had no idea. Best wishes, using Explaining Creativity again this summer in my teaching at University of Florida. I am engaged in writing chapters about AI and music teaching and a chapter on music psychology —each with Oxford.
That's very cool! Please let me know once they're published because I'd enjoy reading them. As I said in the post I usually don't say anything about my time in the 1980s being an AI software developer because what does that have to do with creativity research? By the way, I did my undergraduate thesis on music cognition at the AI Lab but that's not Substack-worthy (and also it was not publication-worthy, it is truly lost to history)
You certainly have a strong claim Keith! I've checked a booklet I co-authored in 1989 on "Benefits and Risks of Knowledge-based Systems". That has a section on applications of AI in Finance. It mentions the Personal Financial Planning System from Chase Lincoln First Bank - a project that was started in 1983 and went into operation in late 1987. So if your AI system was in operation by 1984 then that beats it - especially if it combines domain reasoning, heuristics and natural language processing. (The booklet also has sections on autonomous vehicles, battlefield management systems, and AI for medicine, psychotherapy, stock dealing, education and law - all very much current issues.)
Mike, you were there in the 1980s right along with me, and not many people would have that 1989 knowledge that you do! Thank you for this--I hadn't heard of Chase Lincoln's Personal Financial Planning System. Hello, if any of those developers are reading this, please join our conversation!
I forgot to mention this article about Citibank and funds transfer, from June 20, 2024, "Citi Touts Its Quiet Windfall Overseeing The Pipes" in the WSJ. "One of Citigroup's oldest businesses is ready for its close-up. For decades, Citi Services moved money around the world for companies. The division makes up HALF of Citi's total profit. What these businesses do isn't easy to explain. Executives tend to just say "we oversee the financial pipes." CEO Jane Fraser says "When we call Citi the most global bank, this is the reason why." Now you can see why I said, in my post, "banks make the world go 'round"! But maybe I should have said Citibank makes the world go 'round.
you continue to amaze me. I had no idea. Best wishes, using Explaining Creativity again this summer in my teaching at University of Florida. I am engaged in writing chapters about AI and music teaching and a chapter on music psychology —each with Oxford.
That's very cool! Please let me know once they're published because I'd enjoy reading them. As I said in the post I usually don't say anything about my time in the 1980s being an AI software developer because what does that have to do with creativity research? By the way, I did my undergraduate thesis on music cognition at the AI Lab but that's not Substack-worthy (and also it was not publication-worthy, it is truly lost to history)
You certainly have a strong claim Keith! I've checked a booklet I co-authored in 1989 on "Benefits and Risks of Knowledge-based Systems". That has a section on applications of AI in Finance. It mentions the Personal Financial Planning System from Chase Lincoln First Bank - a project that was started in 1983 and went into operation in late 1987. So if your AI system was in operation by 1984 then that beats it - especially if it combines domain reasoning, heuristics and natural language processing. (The booklet also has sections on autonomous vehicles, battlefield management systems, and AI for medicine, psychotherapy, stock dealing, education and law - all very much current issues.)
Mike, you were there in the 1980s right along with me, and not many people would have that 1989 knowledge that you do! Thank you for this--I hadn't heard of Chase Lincoln's Personal Financial Planning System. Hello, if any of those developers are reading this, please join our conversation!
Great
I forgot to mention this article about Citibank and funds transfer, from June 20, 2024, "Citi Touts Its Quiet Windfall Overseeing The Pipes" in the WSJ. "One of Citigroup's oldest businesses is ready for its close-up. For decades, Citi Services moved money around the world for companies. The division makes up HALF of Citi's total profit. What these businesses do isn't easy to explain. Executives tend to just say "we oversee the financial pipes." CEO Jane Fraser says "When we call Citi the most global bank, this is the reason why." Now you can see why I said, in my post, "banks make the world go 'round"! But maybe I should have said Citibank makes the world go 'round.