Norwegian Bank promotes AI adoption, driving efficiency to surge by 250728

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In the current market environment, the adoption of artificial intelligence (AI) by enterprises is gradually becoming an important topic. Taking Norges Bank, which manages Norway's sovereign wealth fund, as an example, CEO Nikolai Tangen has been actively promoting the adoption of AI since 2022 and systematically exploring AI applications.​​
​​In this process, leadership support is crucial because they not only need to drive policies but also ensure employee engagement and recognition. According to a survey, there is a significant gap between the views of senior management and frontline employees on AI, indicating that merely having an AI strategy is not enough; employees need to feel the necessity of this transformation. Norges Bank has taken mandatory measures, requiring employees to use AI and establishing AI support teams and ambassadors to provide necessary training and resources, demonstrating their emphasis on AI transformation.

​​With the advancement of AI technology, the accessibility and analytical capabilities of data are continuously improving. Norges Bank collaborates with Anthropic to use AI tools to automate the analysis of financial reports and news, significantly enhancing work efficiency. These changes not only improve productivity but also help analysts identify cognitive biases in decision-making, leading to more informed choices. Although current achievements mainly focus on improving efficiency, in the future, enterprises will also need to face new challenges of interacting with digital employees, requiring new skills and mindsets.​​

​​Overall, the case of Norges Bank provides valuable experience for other enterprises, showing that mandatory measures and adequate support are key to successful AI transformation.​​

Source: "XQ Global Winner" terminal