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AI may soon predict financial crises before they take root

June 25, 2024


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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