Volume : 10, Issue : 3, MAR 2024

OPPORTUNITY GENERATION AND EARLY BUSINESS DEVELOPMENT RESEARCHED BY STUDENTS PG DEPARTMENT OF COMMERCE WITH COMPUTER APPLICATIONS, MANNAR THIRUMALAI NAICKER COLLEGE, MADURAI

THE RECENT TRENDS IN ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING TECHNOLOGY IN FINANCIAL SECTORS

V. BACKIYALAKSHMI, S.P.SUBRAMANIARAJA

Abstract

This paper explores the transformative impact of Artificial Intelligence (AI) and Machine Learning (ML) on the financial sector. It highlights the latest trends in these technologies, including their diverse applications in areas like risk management, fraud detection, and personalized finance. The abstract then analyzes the potential benefits of AI and ML, such as increased efficiency, improved decision-making, and greater financial inclusion. However, it also acknowledges the challenges associated with these technologies, including ethical considerations, data privacy concerns, and potential job displacement. Finally, the paper emphasizes the need for responsible development and deployment of AI and ML to ensure a secure and inclusive financial future.

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Article No : 96

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