193: The Future of Work: How AI is Transforming Banking

AmiSights: Financing the Future For Small Business Owners and Entrepreneurs

In this week's edition of the AmiSights Podcast, we talk to David Becker, founder and CEO of First Internet Bank. He explains why he started the online bank way before internet banking became a common convenience and shares his insights on how AI is revolutionizing the financial industry. “I think the power of AI will be more revolutionary than the Internet was 25 years ago. A lot of people are scared to death... You, as the human, will get to decipher that data, take out the results, and resolve problems. So you'll get to actually do tasks that the machine can't do, while it takes care of the mundane stuff. This should make productivity go up. It allows people to really use their minds and do creative, good work—not just task-oriented transactions. So, I think in the next 3 to 5 years, we're going to see changes we never dreamed of.”

The main topics of today's episode include how Becker keeps banking innovative by hiring outside the traditional banking talent pool, the value of hiring great people even without an immediate role as a smart long-term strategy, and Becker's perspective on why artificial intelligence is poised to revolutionize the industry in the next three to five years. Connect with David: https://www.linkedin.com/in/david-becker-29bb679/ Check out First Internet Bank: https://www.linkedin.com/company/first-internet-bank/posts/?feedView=all Recorded on 1/3/25