“There is no intrinsic reason why it cannot happen,” says Tharman in a fireside chat on Nov 15. “I don't think this is going to happen suddenly, but I think it's going to happen progressively. And I think it will happen for certain human tasks much faster than previous technologies have done.”
The financial services sector will be impacted more quickly by evolving technologies such as large language models (LLMs) and artificial intelligence (AI) compared to other sectors, says president Tharman Shanmugaratnam.
Speaking at the Singapore Fintech Festival 2023 for the first time since being elected president in September, Tharman says LLMs are always perceived to have the ability to take on more human characteristics, eventually reaching a point of singularity.
