Dossier
Dermot McDonogh
Coverage of Dermot McDonogh in the Nexus archive.
- BNY skipped the ‘tokenmaxxing’ craze. Here’s what AI metrics it tracks instead
BNY avoided tracking AI token usage metrics like 'tokenmaxxing,' instead focusing on building an internal AI platform and measuring outcomes such as code generation and operational efficiency. The bank reported measurable financial gains, including increased revenue and pre-tax income per employee, while prioritizing cultural adoption and AI proficiency training.