Artificial Intelligence in Finance: Putting the Human in the Loop
Finance has become one of the most globalized and digitized sectors of the economy. It is also one of the most regulated of sectors, especially since the 2008 Global Financial Crisis. Globalization, digitization and money are propelling AI in finance forward at an ever increasing pace. This paper develops a regulatory roadmap for understanding and addressing the increasing role of AI in finance, focusing on human responsibility: the idea of “putting the human in the loop” in order in particular to address “black box” issues.