Trends in the development of artificial intelligence in the financial system
Abstract
The article "TRENDS IN THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE IN THE FINANCIAL SYSTEM" examines current trends in the development and application of artificial intelligence (AI) in the financial system. Artificial Intelligence is becoming increasingly significant in the financial industry, bringing new opportunities and challenges. The article reviews key technological trends in artificial intelligence, such as machine learning, deep learning, neural networks and natural language processing. The authors analyse how these technologies are applied in the financial sector, including areas such as risk analysis, market forecasting, portfolio management, process automation and anti-fraud. The article also discusses the benefits and challenges of applying artificial intelligence to the financial system. It looks at ethics and transparency, cybersecurity and regulation, as well as the possible implications for workplaces and society as a whole. The paper concludes with recommendations for financial institutions, authorities and researchers so that they can effectively harness the potential of artificial intelligence and cope with the challenges associated with its application. TRENDS IN THE DEVELOPMENT OF ARTIFICIAL INTELLIGENCE IN THE FINANCIAL SYSTEM provides valuable information on the latest trends in artificial intelligence in finance and contributes to a better understanding of its impact on the financial system, the development of new strategies and informed decision-making in this area.