Is AI About to Become the Finance Sector’s Crystal Ball?

Article

The article explores how AI can revolutionize financial services by enhancing risk modeling and decision-making. Ali Kabiri and Brandon Davies discuss their collaborative project, which combines human expertise with AI to interpret financial data and provide future-focused insights. This work has the potential to reshape financial strategy, refine risk management, and make AI-driven tools more accessible to a broader industry audience.

Oct 25, 2024

Brandon Davies, Trustee & Lecturer, University of Buckingham

Ali Kabiri, Professor of Economics, University of Buckingham

Is AI About to Become the Finance Sector’s Crystal Ball?

The views and opinions expressed in this content are those of the thought leader as an individual and are not attributed to CeFPro or any other organization

AI offers the potential to shift financial modeling from relying on historical data to projecting future trends based on real-time human perception and analysis.
The finance industry can benefit from AI by training large language models to interpret financial data with greater accuracy through human expertise.
The partnership between AI and human knowledge could significantly reduce the amount of data needed for effective risk modeling, making AI tools more widely available and efficient.
Engaging with AI now is crucial for professionals in finance, as it will play an increasingly significant role in future financial strategies and risk management.