Artificial intelligence and financial crises

The rapid adoption of artificial intelligence (AI) is transforming the financial industry. AI will either increase systemic financial risk or act to stabilise the system, depending on endogenous responses, strategic complementarities, the severity of events it faces and the objectives it is given. A...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Hauptverfasser: Danielsson, Jon, Uthemann, Andreas
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext bestellen
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page
container_issue
container_start_page
container_title
container_volume
creator Danielsson, Jon
Uthemann, Andreas
description The rapid adoption of artificial intelligence (AI) is transforming the financial industry. AI will either increase systemic financial risk or act to stabilise the system, depending on endogenous responses, strategic complementarities, the severity of events it faces and the objectives it is given. AI's ability to master complexity and respond rapidly to shocks means future crises will likely be more intense than those we have seen so far.
doi_str_mv 10.48550/arxiv.2407.17048
format Article
fullrecord <record><control><sourceid>arxiv_GOX</sourceid><recordid>TN_cdi_arxiv_primary_2407_17048</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2407_17048</sourcerecordid><originalsourceid>FETCH-arxiv_primary_2407_170483</originalsourceid><addsrcrecordid>eNpjYJA0NNAzsTA1NdBPLKrILNMzMjEw1zM0NzCx4GTQcSwqyUzLTM5MzFHIzCtJzcnJTE_NS05VSMxLUUjLzEvMA0slF2UWpxbzMLCmJeYUp_JCaW4GeTfXEGcPXbC58QVFmbmJRZXxIPPjweYbE1YBAIm7L48</addsrcrecordid><sourcetype>Open Access Repository</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype></control><display><type>article</type><title>Artificial intelligence and financial crises</title><source>arXiv.org</source><creator>Danielsson, Jon ; Uthemann, Andreas</creator><creatorcontrib>Danielsson, Jon ; Uthemann, Andreas</creatorcontrib><description>The rapid adoption of artificial intelligence (AI) is transforming the financial industry. AI will either increase systemic financial risk or act to stabilise the system, depending on endogenous responses, strategic complementarities, the severity of events it faces and the objectives it is given. AI's ability to master complexity and respond rapidly to shocks means future crises will likely be more intense than those we have seen so far.</description><identifier>DOI: 10.48550/arxiv.2407.17048</identifier><language>eng</language><subject>Quantitative Finance - Economics</subject><creationdate>2024-07</creationdate><rights>http://creativecommons.org/licenses/by-nc-sa/4.0</rights><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>228,230,776,881</link.rule.ids><linktorsrc>$$Uhttps://arxiv.org/abs/2407.17048$$EView_record_in_Cornell_University$$FView_record_in_$$GCornell_University$$Hfree_for_read</linktorsrc><backlink>$$Uhttps://doi.org/10.48550/arXiv.2407.17048$$DView paper in arXiv$$Hfree_for_read</backlink></links><search><creatorcontrib>Danielsson, Jon</creatorcontrib><creatorcontrib>Uthemann, Andreas</creatorcontrib><title>Artificial intelligence and financial crises</title><description>The rapid adoption of artificial intelligence (AI) is transforming the financial industry. AI will either increase systemic financial risk or act to stabilise the system, depending on endogenous responses, strategic complementarities, the severity of events it faces and the objectives it is given. AI's ability to master complexity and respond rapidly to shocks means future crises will likely be more intense than those we have seen so far.</description><subject>Quantitative Finance - Economics</subject><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><sourceid>GOX</sourceid><recordid>eNpjYJA0NNAzsTA1NdBPLKrILNMzMjEw1zM0NzCx4GTQcSwqyUzLTM5MzFHIzCtJzcnJTE_NS05VSMxLUUjLzEvMA0slF2UWpxbzMLCmJeYUp_JCaW4GeTfXEGcPXbC58QVFmbmJRZXxIPPjweYbE1YBAIm7L48</recordid><startdate>20240724</startdate><enddate>20240724</enddate><creator>Danielsson, Jon</creator><creator>Uthemann, Andreas</creator><scope>ADEOX</scope><scope>GOX</scope></search><sort><creationdate>20240724</creationdate><title>Artificial intelligence and financial crises</title><author>Danielsson, Jon ; Uthemann, Andreas</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-arxiv_primary_2407_170483</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Quantitative Finance - Economics</topic><toplevel>online_resources</toplevel><creatorcontrib>Danielsson, Jon</creatorcontrib><creatorcontrib>Uthemann, Andreas</creatorcontrib><collection>arXiv Economics</collection><collection>arXiv.org</collection></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext_linktorsrc</fulltext></delivery><addata><au>Danielsson, Jon</au><au>Uthemann, Andreas</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Artificial intelligence and financial crises</atitle><date>2024-07-24</date><risdate>2024</risdate><abstract>The rapid adoption of artificial intelligence (AI) is transforming the financial industry. AI will either increase systemic financial risk or act to stabilise the system, depending on endogenous responses, strategic complementarities, the severity of events it faces and the objectives it is given. AI's ability to master complexity and respond rapidly to shocks means future crises will likely be more intense than those we have seen so far.</abstract><doi>10.48550/arxiv.2407.17048</doi><oa>free_for_read</oa></addata></record>
fulltext fulltext_linktorsrc
identifier DOI: 10.48550/arxiv.2407.17048
ispartof
issn
language eng
recordid cdi_arxiv_primary_2407_17048
source arXiv.org
subjects Quantitative Finance - Economics
title Artificial intelligence and financial crises
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-08T10%3A16%3A28IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-arxiv_GOX&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Artificial%20intelligence%20and%20financial%20crises&rft.au=Danielsson,%20Jon&rft.date=2024-07-24&rft_id=info:doi/10.48550/arxiv.2407.17048&rft_dat=%3Carxiv_GOX%3E2407_17048%3C/arxiv_GOX%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_id=info:pmid/&rfr_iscdi=true