A review and theoretical foundation for future study on how artificial intelligence is affecting the societal-financial interaction

Jugal Kishor, Swati Sharma, Sylva Alif Rusmita

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

An emerging concept in the societal-finance interaction is artificial intelligence (AI). This relates to the idea that intelligent behaviour from computer systems is expected. Artificial intelligence has the capacity to make judgements and solve complex issues in a variety of social contexts without the need for human interaction. In many areas of the societal financial interface, AI is able to make choices and resolve challenging problems without the help of humans. It has prompted a significant societal change in the perspective that uncovers human intellect. There was an underlying assumption that when it came to showing intellect, humans are hierarchically superior to other species of life.

Original languageEnglish
Title of host publicationThe Impact of AI Innovation on Financial Sectors in the Era of Industry 5.0
PublisherIGI Global
Pages32-57
Number of pages26
ISBN (Electronic)9798369300831
ISBN (Print)9798369300824
DOIs
Publication statusPublished - 5 Sept 2023

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