Could AI ever replace human bank supervisors?
Data collection and processing remains key in leveraging artificial intelligence
Could the wider adoption of artificial intelligence (AI) lead to the complete replacement of humans in banking supervision?
Currently, the answer for officials and technology experts is unequivocally ‘no’. In fact, this new technology relies heavily on human maintenance and upgrades, which opens the door to a fruitful human-machine interaction, said panellists at a recent European Central Bank conference on the matter.
“Based on our experience, it’s not like you develop an AI solution, and it
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