Artificial intelligence and systemic risk

doi:10.1016/j.jbankfin.2021.106290

2022-07-01

Jón Danı́elsson *

Robert Macrae

Andreas Uthemann

DOI：10.1016/j.jbankfin.2021.106290

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摘要

En 中文

Artificial intelligence (AI) is rapidly changing how the financial system is operated, taking over core functions for both cost savings and operational efficiency reasons. AI will assist both risk managers and the financial authorities. However, it can destabilize the financial system, creating new tail risks and amplifying existing ones due to procyclicality, unknown-unknowns, the need for trust, and optimization against the system. (C) 2021 The Authors. Published by Elsevier B.V.

Keyword:

POLICY

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期刊

Journal of Banking and Finance

IF:

3.8

论文数:

6.4K

被引数:

2.4W

机构

university of london

学者数:

21.5W

论文数: 19.7W

被引数: 305

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