Money, Power, and AI

Money, Power, and AI PDF Author: Zofia Bednarz
Publisher:
ISBN: 9781009334334
Category : Banks and banking
Languages : en
Pages : 0

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Book Description
"This collection sheds light on how AI and automated decision-making tools bring new sources of profits and power to financial firms and governments. Chapters offer distinct perspectives from authors of diverse backgrounds and across legal systems, arguing that new rules, frameworks, and approaches are needed to prevent harms of automation"--

Money, Power, and AI

Money, Power, and AI PDF Author: Zofia Bednarz
Publisher:
ISBN: 9781009334334
Category : Banks and banking
Languages : en
Pages : 0

Get Book Here

Book Description
"This collection sheds light on how AI and automated decision-making tools bring new sources of profits and power to financial firms and governments. Chapters offer distinct perspectives from authors of diverse backgrounds and across legal systems, arguing that new rules, frameworks, and approaches are needed to prevent harms of automation"--

Money, Power, and AI

Money, Power, and AI PDF Author: Zofia Bednarz
Publisher: Cambridge University Press
ISBN: 100933431X
Category : Law
Languages : en
Pages : 263

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Book Description
In this ambitious collection, Zofia Bednarz and Monika Zalnieriute bring together leading experts to shed light on how artificial intelligence (AI) and automated decision-making (ADM) create new sources of profits and power for financial firms and governments. Chapter authors—which include public and private lawyers, social scientists, and public officials working on various aspects of AI and automation across jurisdictions—identify mechanisms, motivations, and actors behind technology used by Automated Banks and Automated States, and argue for new rules, frameworks, and approaches to prevent harms that result from the increasingly common deployment of AI and ADM tools. Responding to the opacity of financial firms and governments enabled by AI, Money, Power and AI advances the debate on scrutiny of power and accountability of actors who use this technology. This title is available as Open Access on Cambridge Core.

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance

Powering the Digital Economy: Opportunities and Risks of Artificial Intelligence in Finance PDF Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Hands-On Artificial Intelligence for Banking

Hands-On Artificial Intelligence for Banking PDF Author: Jeffrey Ng
Publisher: Packt Publishing Ltd
ISBN: 1788833961
Category : Computers
Languages : en
Pages : 232

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Book Description
Delve into the world of real-world financial applications using deep learning, artificial intelligence, and production-grade data feeds and technology with Python Key FeaturesUnderstand how to obtain financial data via Quandl or internal systemsAutomate commercial banking using artificial intelligence and Python programsImplement various artificial intelligence models to make personal banking easyBook Description Remodeling your outlook on banking begins with keeping up to date with the latest and most effective approaches, such as artificial intelligence (AI). Hands-On Artificial Intelligence for Banking is a practical guide that will help you advance in your career in the banking domain. The book will demonstrate AI implementation to make your banking services smoother, more cost-efficient, and accessible to clients, focusing on both the client- and server-side uses of AI. You’ll begin by understanding the importance of artificial intelligence, while also gaining insights into the recent AI revolution in the banking industry. Next, you’ll get hands-on machine learning experience, exploring how to use time series analysis and reinforcement learning to automate client procurements and banking and finance decisions. After this, you’ll progress to learning about mechanizing capital market decisions, using automated portfolio management systems and predicting the future of investment banking. In addition to this, you’ll explore concepts such as building personal wealth advisors and mass customization of client lifetime wealth. Finally, you’ll get to grips with some real-world AI considerations in the field of banking. By the end of this book, you’ll be equipped with the skills you need to navigate the finance domain by leveraging the power of AI. What you will learnAutomate commercial bank pricing with reinforcement learningPerform technical analysis using convolutional layers in KerasUse natural language processing (NLP) for predicting market responses and visualizing them using graph databasesDeploy a robot advisor to manage your personal finances via Open Bank APISense market needs using sentiment analysis for algorithmic marketingExplore AI adoption in banking using practical examplesUnderstand how to obtain financial data from commercial, open, and internal sourcesWho this book is for This is one of the most useful artificial intelligence books for machine learning engineers, data engineers, and data scientists working in the finance industry who are looking to implement AI in their business applications. The book will also help entrepreneurs, venture capitalists, investment bankers, and wealth managers who want to understand the importance of AI in finance and banking and how it can help them solve different problems related to these domains. Prior experience in the financial markets or banking domain, and working knowledge of the Python programming language are a must.

The Myth of Artificial Intelligence

The Myth of Artificial Intelligence PDF Author: Erik J. Larson
Publisher: Harvard University Press
ISBN: 0674983513
Category : Computers
Languages : en
Pages : 321

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Book Description
“Artificial intelligence has always inspired outlandish visions—that AI is going to destroy us, save us, or at the very least radically transform us. Erik Larson exposes the vast gap between the actual science underlying AI and the dramatic claims being made for it. This is a timely, important, and even essential book.” —John Horgan, author of The End of Science Many futurists insist that AI will soon achieve human levels of intelligence. From there, it will quickly eclipse the most gifted human mind. The Myth of Artificial Intelligence argues that such claims are just that: myths. We are not on the path to developing truly intelligent machines. We don’t even know where that path might be. Erik Larson charts a journey through the landscape of AI, from Alan Turing’s early work to today’s dominant models of machine learning. Since the beginning, AI researchers and enthusiasts have equated the reasoning approaches of AI with those of human intelligence. But this is a profound mistake. Even cutting-edge AI looks nothing like human intelligence. Modern AI is based on inductive reasoning: computers make statistical correlations to determine which answer is likely to be right, allowing software to, say, detect a particular face in an image. But human reasoning is entirely different. Humans do not correlate data sets; we make conjectures sensitive to context—the best guess, given our observations and what we already know about the world. We haven’t a clue how to program this kind of reasoning, known as abduction. Yet it is the heart of common sense. Larson argues that all this AI hype is bad science and bad for science. A culture of invention thrives on exploring unknowns, not overselling existing methods. Inductive AI will continue to improve at narrow tasks, but if we are to make real progress, we must abandon futuristic talk and learn to better appreciate the only true intelligence we know—our own.

Artificial Intelligence

Artificial Intelligence PDF Author: Henry E Parkins
Publisher: Independently Published
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
Unlock the Secrets to Profiting from Artificial Intelligence! In "Artificial Intelligence: How to Make Money with the Power of AI," embark on an exhilarating journey into the realm of cutting-edge technology and limitless potential. This groundbreaking book is your gateway to understanding and harnessing the transformative power of AI to unlock unprecedented opportunities for financial growth and success. Delve into the depths of Artificial Intelligence and discover how this revolutionary technology is reshaping industries, revolutionizing business models, and creating new pathways to prosperity. From machine learning and deep learning to neural networks and natural language processing, explore the dynamic landscape of AI and uncover the strategies and insights you need to thrive in the digital age. Whether you're a seasoned entrepreneur, a budding innovator, or a curious enthusiast, "Artificial Intelligence: How to Make Money with the Power of AI" equips you with the knowledge, tools, and frameworks to capitalize on the immense potential of AI-driven innovation. Learn how to identify lucrative opportunities, develop innovative AI solutions, and leverage cutting-edge technologies to drive business growth, enhance competitiveness, and unlock new revenue streams. But that's not all! This comprehensive guide goes beyond theory to provide practical, actionable advice and real-world case studies that illustrate how leading companies and visionary entrepreneurs are harnessing the power of AI to achieve extraordinary success. From identifying profitable AI opportunities to monetizing data, building AI-driven products, and navigating the future of AI economics, this book is your indispensable companion on the path to AI-driven prosperity. Whether you're a business leader seeking to stay ahead of the curve, a startup founder looking to disrupt industries, or an investor exploring the next big opportunity, "Artificial Intelligence: How to Make Money with the Power of AI" is your definitive roadmap to unlocking the full potential of AI for economic growth, innovation, and financial success. Don't miss your chance to be at the forefront of the AI revolution. Get your copy of "Artificial Intelligence: How to Make Money with the Power of AI" today and embark on a transformative journey towards unlimited possibilities and unparalleled success in the digital age!

10 Ways to Make Money Online with AI

10 Ways to Make Money Online with AI PDF Author: Jasper Caprese
Publisher: Online Trendy Store
ISBN:
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
"10 Ways to Make Money Online with AI" is a comprehensive guide to leveraging the power of artificial intelligence to create and grow successful online businesses. The book explores a wide range of opportunities for making money online with AI, from e-commerce and online marketplaces to creating and selling AI-powered products and services.

The Green Energy Boom: A Global Quest for Money, Power and Energy

The Green Energy Boom: A Global Quest for Money, Power and Energy PDF Author: Jean Missinhoun
Publisher: Jean Missinhoun
ISBN:
Category : Business & Economics
Languages : en
Pages : 107

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Book Description
In the 20th century, we built our daily existence around the production and consumption of fossil fuels. Our use of oil has given us more jobs, leisure time, cheaper goods, and affordable travel – just to name a few benefits. Oil has made our lives richer and more efficient. But it came at a cost. The latest catastrophe? COVID-19. Jean Missinhoun is a hedge fund investor based in London who focuses on oil and energy investments. Up until the COVID-19 crisis, Missinhoun focused on dealings with Brent crude oil, as well as options and futures. But as the pandemic continued to expand, he realized the world has two choices: continue down the destructive path of fossil fuels or make the transition to green energy. Our exploration of renewable energy has the same potential to be just as fruitful as oil was a century ago, if not more so. And with the help of artificial intelligence, who knows what new materials or inventions we’ll make next as we embark on the 21st century. The trillion dollar question is: who will be the next Rockefeller?

Artificial Intelligence in Banking

Artificial Intelligence in Banking PDF Author: Introbooks
Publisher:
ISBN:
Category :
Languages : en
Pages : 50

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Book Description
In these highly competitive times and with so many technological advancements, it is impossible for any industry to remain isolated and untouched by innovations. In this era of digital economy, the banking sector cannot exist and operate without the various digital tools offered by the ever new innovations happening in the field of Artificial Intelligence (AI) and its sub-set technologies. New technologies have enabled incredible progression in the finance industry. Artificial Intelligence (AI) and Machine Learning (ML) have provided the investors and customers with more innovative tools, new types of financial products and a new potential for growth.According to Cathy Bessant (the Chief Operations and Technology Officer, Bank of America), AI is not just a technology discussion. It is also a discussion about data and how it is used and protected. She says, "In a world focused on using AI in new ways, we're focused on using it wisely and responsibly."

AI Superpowers

AI Superpowers PDF Author: Kai-Fu Lee
Publisher: Harper Business
ISBN: 132854639X
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
AI Superpowers is Kai-Fu Lee's New York Times and USA Today bestseller about the American-Chinese competition over the future of artificial intelligence.