This article will explore the transformative impact of AI in the
financial sector, particularly focusing on the challenges and
opportunities these technologies present. AI in finance is not just
a future concept but is already very much a reality. We are now
living in a world where AI is helping us decide who is able to get
a mortgage, who is flagged for potential fraud, and how financial
markets move. AI is becoming integral to the financial industry,
from chatbots that may sound more human than actual humans, to
algorithms that can help approve loans within moments. But as AI
becomes so instrumental to decision-making in finance, what happens
if AI starts making decisions that we can't fully understand or
control?
