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The Cayman Islands Financial Services Institute (FSI) hosted its first AI 101 Seminar at the Indigo Hotel, attracting more than 70 professionals from the financial, legal and corporate sectors. The event provided practical insights on how organisations can adopt artificial intelligence responsibly and strategically. The seminar featured two expert speakers, Tamsin Deasey Weinstein and Joseph Wehbe, who each delivered focused presentations on different aspects of AI adoption. Deasey Weinstein’s session examined how AI is transforming the workplace and reshaping job roles. She explained that AI is now a central driver of efficiency and innovation across many industries. Rather than eliminating jobs, she said, AI will change them, with new roles emerging even as entry-level positions evolve. Joseph Wehbe and Tamsin Deasey-Weinstein speaking at the FSI’s first AI seminar. She noted that the greatest risk lies in the speed of change and that waiting to act carries a higher cost than preparing now. She urged professionals to strengthen their AI literacy, data awareness, creativity and critical thinking. Deasey Weinstein also outlined a framework for business leaders to assess AI projects, focusing on business impact, feasibility, risk, resources and competitive importance. Wehbe’s presentation focused on strategy and practical implementation. He emphasised that AI must begin as a leadership priority and be embedded in an organisation’s strategic plan. Success depends on understanding proprietary data and aligning AI use with competitive advantages. Drawing on Harvard’s AI fluency model, he encouraged companies to build AI awareness across every department. He said that all employees should be able to recognise where AI can add value. He also advised organisations to identify customer pain points and find where AI can enhance credibility, speed or service quality. Wehbe recommended that firms start small by selecting practical AI tools that solve real problems. Internal demonstrations and training sessions can help create momentum and build internal expertise. He also reminded participants to manage risks carefully by using secure systems for sensitive data and providing regular staff training as technology evolves. The seminar’s strong attendance and positive feedback showed the growing interest within Cayman’s financial services community in understanding and using AI effectively. FSI confirmed that this will be the first in a series of AI events planned over the coming months, each designed to help professionals build knowledge and readiness for an AI-driven future.
