Developing an ethical framework for artificial intelligence management in the financial sector

  • Nguyen, Bich Ngan
Từ khóa: Ethical framework, Artificial intelligence, Financial sector

Tóm tắt

The exponential growth of artificial intelligence (AI) has yielded significant
achievements across various sectors of the economy, including finance. This
growth, however, has also introduced economic instabilities that regulators
need to address by establishing ethical frameworks. These frameworks are
essential to ensure that AI is managed properly and does not contravene the
financial regulations and legal standards of a country. Drawing on the experi
ences of countries including the United States of America, Europe, and China
by gathering regulations publicized by authorities, this study aims to offer
recommendations for regulatory bodies on developing an ethical framework
for AI management in the financial sector, with the ultimate purpose is to use
AI in a way that is sustainable and socially responsible, thereby contribut
ing to the establishment of a developed and sustainable financial system.
The study also discusses the potential challenges of implementing AI ethical
frameworks in organizations in the financial sector, which may raise the nec
essary adjustments of AI ethical framework when being applied in pratice

 

điểm /   đánh giá
Phát hành ngày
2024-12-20
Chuyên mục
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