Risks and Challenges of AI-Driven Finance: Bias, Ethics, and Security

Download or read book Risks and Challenges of AI-Driven Finance: Bias, Ethics, and Security written by Kunjumuhammed, Siraj Kariyilaparambu and published by IGI Global. This book was released on 2024-08-01 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Integrating Artificial Intelligence (AI) presents immense opportunities and daunting challenges in the rapidly evolving finance landscape as AI-driven algorithms and models revolutionize decision-making and enhance efficiency, concerns about bias, ethics, and security loom. Financial institutions must navigate these complexities responsibly while leveraging AI's potential to innovate and thrive. Risks and Challenges of AI-Driven Finance: Bias, Ethics, and Security guides this dynamic environment. Written for professionals, researchers, policymakers, and students, this book comprehensively explores AI's impact on finance. It delves into the intricacies of bias in algorithms, ethical frameworks, cybersecurity, and regulatory compliance, offering actionable insights to address these critical issues.