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Generative Artificial Intelligence in Finance
book

Generative Artificial Intelligence in Finance

by Pethuru Raj Chelliah, Pushan Kumar Dutta, Abhishek Kumar, Ernesto D. R. Santibanez Gonzalez, Mohit Mittal, Sachin Kumar Gupta
February 2025
Intermediate to advanced
512 pages
13h 16m
English
Wiley-Scrivener
Content preview from Generative Artificial Intelligence in Finance

1Artificial Intelligence Application and Research in Accounting, Finance, Economics, Business, and Management

Peterson K. Ozili

Central Bank of Nigeria, Abuja, Nigeria

Abstract

Artificial intelligence is a branch of computer science that develops intelligent machines to perform human tasks. Recently, there has been growing interest in AI applications in professions that have many processes that can be easily automated. There is widespread optimism that AI systems can lead to new innovations or improve existing processes. This study focuses on some applications of artificial intelligence in the accounting, finance, economics, business, and management professions. The study provides a basic understanding of how AI will be useful in the accounting, finance, economics, business, and management professions. The study also offered some insights into the risks posed by the use of artificial intelligence.

Keywords: Artificial intelligence, AI, machine learning, accounting, finance, economics, business, management

1.1 Introduction

This paper presents some applications of artificial intelligence (AI) in the accounting, finance, economics, business, and management professions.

The rise of AI in business can be traced to the rise of financial technology (fintech) [1]. A few decades ago, there was a rapid rise in fintech developments. During this time, innovative technologies were used to deliver financial solutions through software [2]. These technologies were also used to develop software ...

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Publisher Resources

ISBN: 9781394271047Purchase Link