
It’s Inevitable: AI Will Become The Pillar of the CyberFinance Era. Despite Regulatory Resistance!
In 2023, financial regulators have increasingly warned about the risks associated with the use of Artificial Intelligence (AI) in the financial industry. These warnings stem from various concerns, most notably the potential for AI to perpetuate and amplify societal biases, violate fair lending laws, and pose cybersecurity risks. Software-based algorithms are already dominating cyber finance around blockchains and cryptocurrencies. The dawning of an AI-dominated CyberFinance world is inevitable.