In this episode of AI Realized, Christina Ellwood talks with Awais Bajwa, Head of Data and AI Banking at Bank of America, about leveraging AI to transform software development. Bajwa highlights that improving the efficiency of the organization's large engineering team through generative AI (Gen AI) is crucial. Key focus areas include augmented code generation, code refactoring, language migration, and test case generation. Bajwa emphasizes the necessity of deliberate implementation within the bank's siloed IT infrastructure, stressing security, risk management, compliance, and scalability. Challenges in adopting AI involve ensuring security, managing risks, and maintaining application robustness in banking operations. Bajwa encourages continuous experimentation with AI technologies and reskilling to stay ahead.

Chapters and timestamps:

00:00 Introduction to AI Realized Podcast

01:20 Guest Introduction: Awais Bajwa from Bank of America

01:31 Transforming Software Development with AI

03:09 Implementing AI in Complex Systems

04:54 Decision-Making Process for AI Adoption

08:21 Building AI Expertise and Partnerships

09:55 Challenges in AI Adoption

11:48 Cultural and Social Challenges of AI

13:39 Final Thoughts and Takeaways