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Some financial regulatory implications of artificial intelligence

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  • Wall, Larry D.

Abstract

Artificial intelligence has been playing an increasingly large role in the economy and this trend seems likely to continue. This paper begins with a high-level overview of artificial intelligence, including some of its important strengths and weaknesses. It then discusses some of the ways that AI affect the evolution of the financial system and financial regulation.

Suggested Citation

  • Wall, Larry D., 2018. "Some financial regulatory implications of artificial intelligence," Journal of Economics and Business, Elsevier, vol. 100(C), pages 55-63.
    • Handle: RePEc:eee:jebusi:v:100:y:2018:i:c:p:55-63
    DOI: 10.1016/j.jeconbus.2018.05.003
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    References listed on IDEAS

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    4. Bart van Liebergen, 2017. "Machine learning: A revolution in risk management and compliance?," Journal of Financial Transformation, Capco Institute, vol. 45, pages 60-67.
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