Page 238 - DCAC February 2024 Files
P. 238

AI can enhance the client experience



            Everything we do starts with our commitment to protecting customer data



                                                          •  Artificial Intelligence (AI): The broader concept of enabling a machine or system to sense,
                                                             reason, act, or adapt like a human
                Defining                                  •  Machine Learning (ML): An application of AI that allows machines to extract knowledge from

                AI                                           data and learn from it autonomously
                                                          •  Generative AI: A type of AI technology that can produce various types of content, including
                                                             text, imagery, audio and synthetic data (e.g., ChatGPT)






                ML/AI                                     •  Call fraud detection

                use at                                    •  Customer Service Chatbot
                Empower                                   •  Does not include use of client data








                                                          •  Analyze calls from participants
                AI in the                                 •  Next best action for customer service

                future                                    •  Help write code

                                                          •  Guided by strong management practices and great Empower associates




            RO3242358-1123
            FOR PLAN SPONSOR OR FINANCIAL PROFESSIONAL USE ONLY.
   233   234   235   236   237   238   239   240   241   242   243