The essential role of #ai in #banking holds promise for efficiency, but faces challenges like the opaque "black box" issue, hindering #fairness and #transparency in #decisionmaking #algorithms. Substituting AI with Explainable AI (#xai) can mitigate this problem, ensuring #accountability and #ethical standards. Research on XAI in finance is extensive but often limited to specific cases like #frauddetection and credit #riskassessment.
The study investigated how ChatGPT and Bard categorize investor risk profiles compared to financial advisors. While there were no significant differences in the risk scores assigned by the chatbots an
The paper suggests that companies developing high-risk AI systems should demonstrate their safety before deployment, arguing for proactive risk management. It proposes a risk management approach where
The article explores the importance of critical infrastructure (CI) and essential services (ES) for population security and business continuity. It examines the challenges posed by the interdependence