Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance is popular PDF and ePub book, written by El Bachir Boukherouaa in 2021-10-22, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance can be Read Online from any device for your convenience.
Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance Book PDF Summary
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Detail Book of Powering the Digital Economy Opportunities and Risks of Artificial Intelligence in Finance PDF
- Author : El Bachir Boukherouaa
- Release : 22 October 2021
- Publisher : International Monetary Fund
- ISBN : 9781589063952
- Genre : Business & Economics
- Total Page : 35 pages
- Language : English
- PDF File Size : 11,9 Mb
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