The Impact of Artificial Intelligence on the Financial Industry
Abstract
With excellent data processing capabilities and precise analysis methods, intelligent recommendation algorithms have greatly improved the efficiency of financial services and injected new vitality into the financial industry.But the technological revolution triggered by
artificial intelligence has also brought a series of challenges, such as ethical and moral considerations, as well as the formulation of regulatory
policies. This article aims to explore the application of various artificial intelligence technologies in the financial field and propose feasible
response strategies for current challenges.
artificial intelligence has also brought a series of challenges, such as ethical and moral considerations, as well as the formulation of regulatory
policies. This article aims to explore the application of various artificial intelligence technologies in the financial field and propose feasible
response strategies for current challenges.
Keywords
Financcial algorithm; Data processing; Intelligence; Financial application; Artificial intelligence
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PDFReferences
[1] Mhlanga, David. "Industry 4.0 in Finance: The Impact of Artificial Intelligence (AI) on Digital Financial Inclusion." International Journal of Financial Studies 8.3(2020):45.
[2] Fiksel, Joseph. "The Impact of Artificial Intelligence on the Risk Analysis Profession." Risk Analysis (1987).
[3] Ciocodeic, David Florin, T. A. Berbece, and C. D. Pestrea. "The Impact of Artificial Intelligence on the Labor Market in Romania." Proceedings of the International Conference on Business Excellence 18.1(2024):198-208.
DOI: http://dx.doi.org/10.70711/frim.v2i9.5256
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