TITLE:
Artificial Intelligence Trends and Ethics: Issues and Alternatives for Investors
AUTHORS:
Yoser Gadhoum
KEYWORDS:
Artificial Intelligence Machine Learning, Banking Sector, Ethical AI
JOURNAL NAME:
Intelligent Control and Automation,
Vol.13 No.1,
February
28,
2022
ABSTRACT: Artificial intelligence (AI) based technology, machine learning, and cognitive systems have played a very active role in
society’s economic and technological transformation. For industrial value
chains and international businesses, it means that a structural change is
necessary since these machines can learn and apply new information in making
forecasts, processing, and interacting with people. Artificial intelligence (AI) is a science that uses powerful enough techniques,
strategies, and mathematical modelling to tackle complex actual problems.
Because of its inevitable progress further into the future, there have been considerable safety and ethical concerns.
Creating an environment that is AI friendly for
the people and vice versa might be a solution for humans and machines to
discover a common set of values. In this context, the goal of this study is to
investigate the emerging trends of AI (the benefits that it brings to the
society), the moral challenges that come from ethical algorithms, learned or
pre-set ideals, as well as address the ethical issues and malpractices of AI and AI security. This paper will address the consequences of AI in relation
to investors and financial services. The article will examine the challenges
and possible alternatives for resolving the potential unethical issues in
finance and will propose the necessity of new AI governance mechanisms to protect the
efficiency of the capital markets as well as the role of financial authority in
the regulation and monitoring of the huge expansion of AI in finance.