Pavel Snurnitsyn, Alexander Pavlyuk, Alexey Masyutin, Andrei Dukhovny, Pavel Pikulev
EMCR News: AI and finance: opportunities and threats
Finance is one of the leading industries in terms of spending on AI research and implementation. This is not surprising, as technology has already changed this industry to a large extent. In particular, Sber claims that the share of processes that use AI is 75%. It is applied from daily banking to corporate lending.
In the event, we will discuss:
⁃ What we understand by AI;
⁃ Application of AI in finance in Russia and globally: similarities and differences;
⁃ Trends: can AI make a new revolution in the financial environment;
⁃ What difficulties banks face when implementing AI;
⁃ "Something went wrong": risks and dangers that AI can bring.