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Generative artificial intelligence in finance

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Abstract

The rapid acceleration in the pace of AI innovation in recent years and the advent of content generating capabilities (Generative AI or GenAI) have increased interest in AI innovation in finance, in part due to the user-friendliness and intuitive interface of GenAI tools. The use of AI in financial markets involving full end-to-end automation without any human intervention remains largely at development phase, but its wider deployment could amplify risks already present in financial markets and give rise to new challenges. This paper presents recent evolutions in AI in finance and potential risks and discusses whether policy makers may need to reinforce policies and strengthen protection against these risks.

Suggested Citation

  • Oecd, 2023. "Generative artificial intelligence in finance," OECD Artificial Intelligence Papers 9, OECD Publishing.
    • Handle: RePEc:oec:comaaa:9-en
    DOI: 10.1787/ac7149cc-en
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    Cited by:

    1. Matthew Taylor & Joe Goldbacher & Charlotte Graham & James Mahon & Mike Chambers, 2026. "Clinical equivalence and non-inferiority within health technology assessment," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 27(1), pages 29-45, February.
    2. Emanuela MIDOLO & Rosangela BARCARO, 2025. "Artificial Intelligence and Medicine in the Old Continent: How Europe is Trying to Define an Ethical Application of this New Technology," RAIS Journal for Social Sciences, Research Association for Interdisciplinary Studies, vol. 9(2), pages 424-432, November.

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