Artificial intelligence and systemic risk
نویسندگان
چکیده
Artificial intelligence (AI) is rapidly changing how the financial system operated, taking over core functions for both cost savings and operational efficiency reasons. AI will assist risk managers authorities. However, it can destabilize system, creating new tail risks amplifying existing ones due to procyclicality, unknown-unknowns, need trust, optimization against system.
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ژورنال
عنوان ژورنال: Journal of Banking and Finance
سال: 2022
ISSN: ['1872-6372', '0378-4266']
DOI: https://doi.org/10.1016/j.jbankfin.2021.106290