Think tank: China should step up regulation of AI in finance


Xiao Gang Regulatory Comm

BEIJING: China should introduce a regulatory framework for artificial intelligence in the finance industry, and enhance technology used by regulators to strengthen industry-wide supervision, policy advisers at a leading think tank said yesterday.

“We should not deify artificial intelligence as it could go wrong just like any other technology, ” said the former chief of China’s securities regulator, Xiao Gang, who is now a senior researcher at the China Finance 40 Forum.

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