Head of Technology & Business Enablement, Citigroup
Search every verified Tim Ryan interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the 2025 Citi Gen AI Summit, Tim Ryan, Head of Technology & Business Enablement at Citigroup, discussed the evolution of generative AI and its applications in financial services. He noted that the cost of LLM inferencing has decreased by a factor of a thousand and continues to drop roughly 10x annually, describing it as "one of the first deflationary technologies" that is driving adoption and revenue. Ryan outlined potential use cases for AI agents, including fraud and KYC analysis, customer engagement, and commerce, citing that Stripe and Visa have already launched AI agents for commerce. He also mentioned that AI agents still hallucinate and predicted "some falling out" in the next decade, while expressing optimism that the next ten years will be "10 to 100x more powerful" than the previous decade.
“The cost of LLM inferencing has come down by a factor of a thousand and every year the cost of LLM inferencing is coming down roughly 10x — it's one of the first deflationary technologies and that decline is driving fast enterprise and consumer adoption which translates into revenue.”
“There is a world where an AI agent can do shopping on your behalf — it will search, know your preferences, go to the web, find the information and, if you authorize it, can make payments on your behalf; Stripe and Visa have already launched AI agents for commerce.”
This year's Citi Gen AI Summit, hosted by Citi Ventures and Citi Technology Investment Banking, brought together more than 500 ...
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