AI & Finance News ・ 💼 Asset Management

AI cannot replace human accountability in financial advice: SFC Chairman

The Standard (HK) 🔗 Share link 11/05 12:24 UTC 🔗 Share link South Korea's Mirae Asset Reorganizes Around AI and Digital, Taps Noh Yong-woo to Lead Digital Assets — BigGo Finance · 11/05 08:55 UTC

Securities and Futures Commission chairman Kelvin Wong Tin-yau told the Private Wealth Management Association Wealth Management Summit on Thursday that AI adoption in wealth management is a compliance and accountability challenge as well as a technological shift. He said machines cannot take responsibility for their consequences.

Read the original (The Standard (HK) 🔗 Share link 11/05 12:24 UTC 🔗 Share link South Korea's Mirae Asset Reorganizes Around AI and Digital, Taps Noh Yong-woo to Lead Digital Assets — BigGo Finance)

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