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AI may soon predict financial crises before they take root

June 25, 2024

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When brought to bear in the finance sector, this emerging technology holds great promise for improving financial crisis forecasts, enhancing risk management and economic resilience. Crucially, there is a growing body of evidence showing that AI’s ability to analyze large datasets and identify financial patterns can pre-empt crises, providing early warnings and enabling proactive interventions.

However, AI’s evolving potential to transform finance necessitates a dual approach: technology and robust governance.

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