26 Oct 2023 - Emerging Technologies Meeting Agenda about zenith HOT 12 CLOSED

Balázs Héder / THINKology Solutions

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👋 Patrick Downing | GitHub

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Kendall Perez | FINOS

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Rimma Perelmuter - FINOS

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Peter Smulovics / Morgan Stanley 🏢

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Mike / ZNGLY

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Sebastian Galvao / Genesis Global

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András Velvárt - Response

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Alvin Shih / Morgan Stanley

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Polina Levyant | GSR Markets

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Keith O'Donnell | Feynic Technology 💎

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Meeting Minutes:

00:01:25.590: Keith kicks off the meeting, introduces Kendall, and asks her to discuss the anti-trust policy.
00:01:34.010: Kendall talks about the Linux Foundation anti-trust policy and standard meeting notice for Finos project meetings. Emphasizes adherence to anti-trust laws and competition laws. Mentioned the recording of Finos project meetings.
00:02:56.340: Keith welcomes attendees to the emerging technology group special interest group meeting for October. Discusses the meeting agenda, encourages attendance registration, and introduces other co-chairs. Shares announcements about a new blog post, a podcast, and upcoming conferences.
00:05:00.220: Peter talks about "Big Boost Mondays" event in New York and encourages attendance.
00:07:10.670: Michael Wilson congratulates on the Big Boost Monday event in New York and shares details about speakers.
00:07:36.790: Rimma shares details about the upcoming Osff event, encourages registration, and highlights the quality of participation.
00:11:30.730: Andrew Aitken discusses collaborations with Hedera, providing a local node for a DLT sandbox, and upcoming solutions.
00:16:50.140: Keith talks about upcoming primers, discussions on GitHub, and invites participation in the Brain Trust call.
00:17:58.670: Keith opens the floor for a wider discussion, inviting participants to unmute or use the raise hand feat
00:19:26.310: Siddharth Mohanty Expressed interest and asked about the scope of the Open Source Finance LLM, specifically regarding finance terminologies and compliance.
00:20:29.310: Peter Smulovics Clarified that the project is not solely focused on finance but also includes technology aspects, such as regulatory technology.
00:23:10.310: Keith detailed the goal of creating a specialized learning language model for finance, encouraging collaboration within the industry.
00:23:44.310: Siddharth Mohanty expressed excitement and interest in contributing to the project.
00:24:06.170: Alan Hammes inquired about fine-tuning an existing foundation model for the LLM project.
00:24:36.870: Keith discussed potential collaboration with Dolly 2 LLM and DataBricks to develop a specialized LLM for the finance industry.
00:25:09.950: Alan shared thoughts on versioning and the gradual specialization of the LLM.
00:25:52.820: Keith discussed the potential application of generative AI in handling regulatory language within financial services.
00:26:31.970: Allan acknowledged the ambitious nature of the project and expressed interest in further discussions offline.
00:27:27.230: Keith invited participants to share thoughts on other projects and potential showcases for future meetings.
00:27:45.620: Allan asked for a definition of emerging technology within the context of the Zenith SIG.
00:29:25.200: Keith explained that emerging technologies are those not yet ready for prime time, using the Technology Readiness Scale. Shared the list of identified emerging technologies on the Zenith site.
00:31:43.220: Peter emphasized the intention to eventually move technologies to specialized SIGs as they mature.
00:32:57.650: Peter discusses the goal of creating a separate system for each technology to run independently of their involvement.
00:33:08.570: Peter Smulovics mentions providing documentation, Brain Trust Member List, and primers for upcoming technologies. The plan is to update the list over time with new and unimaginable technologies.
00:33:35.840: Peter Smulovics talks about a partner suggested for working with technologies in innovation labs.
00:34:05.550: Alan Hammes appreciates the information but seeks a formal definition of emerging technology, referring to TRL rating and recognition by NIST.
00:34:25.920: Keith J. O'Donnell suggests a TRL rating of 8 or below as his view of emerging technology. Discussion about formal definitions and the need for clarification.
00:35:02.470: Keith J. O'Donnell emphasizes addressing the issue before progressing too far in the journey.
00:35:17.970: Keith J. O'Donnell explains Technology Readiness Levels (TRL) and how they classify technologies. Alan Hammes seeks clarification on the TRL rating for each technology.
00:36:00.780: Keith J. O'Donnell uses Artificial Intelligence as an example, detailing its TRL level, primary concerns, and key concepts.
00:36:29.600: Keith J. O'Donnell discusses the usefulness of the information for dialogue with business partners and ongoing improvements to the primers.
00:37:00.800: Peter Smulovics encourages contributions to the open-source glossary and primers.
00:37:47.490: Peter Smulovics emphasizes the open-source nature and the ability to contribute through pull requests.
00:38:15.150: Peter Smulovics mentions a Maintainer group for those unable to submit pull requests.
00:39:42.660: Keith J. O'Donnell provides contact details for further questions and discussions.
00:40:03.510: Keith J. O'Donnell concludes the meeting, mentions the website, and plans for sharing minutes and slides.

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