AI & Machine Learning in Finance: “Possible breakthroughs in the next 5-10 years”

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AI and machine learning are spreading fast in finance. But is it a gradual evolution or a revolution? Will it cut costs for existing production or create new products? Will it need new regulations?

In this video, Sara Öhrvall, Advisor and Digital Strategist at Axel Johnson, discusses different use cases of AI among banks including fraud detection, conversational AI, algorithm trading, recommendation systems. She also presents 4 AI trends that will revolutionize the financial industry: generative AI in forecasting, autonomic systems, privacy-enhancing computing, and AI for sustainable finance.

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