Integrating AI in Finance, Accounting, and Law

Beschreibung

This proceedings volume examines the critical intersection of artificial intelligence, finance, accounting, and law at a time when digital transformation demands both ethical rigor and strategic foresight. The book addresses the emergence of the “digital investor”, shaped by social media, algorithmic trading, and gamified platforms that amplify behavioral biases such as overconfidence and loss aversion. These dynamics create market ecosystems driven by instantaneous information and herd behavior—conditions that challenge traditional stability frameworks and render established metrics insufficient for capturing digitally induced irrationality. The volume argues that regulators face a dual responsibility: to safeguard market integrity and consumer protection while ensuring openness and stability in the long term. This book contends that meeting this challenge requires collaborative approaches to implementing next-generation AI systems—not merely as instruments of profit maximization, but as platforms for transparency, behavioral insight, and adaptive governance. Ultimately, this book advances the view that successful digital transformation hinges on a thoughtful synthesis of technological capability, human psychology, and sound ethical principles. By bridging technical innovation with human judgment, the volume demonstrates how digital technologies can foster resilience, fairness, and trust in a perpetually evolving financial landscape.

This proceedings volume examines the critical intersection of artificial intelligence, finance, accounting, and law at a time when digital transformation demands both ethical rigor and strategic foresight. The book addresses the emergence of the “digital investor”, shaped by social media, algorithmic trading, and gamified platforms that amplify behavioral biases such as overconfidence and loss aversion. These dynamics create market ecosystems driven by instantaneous information and herd behavior—conditions that challenge traditional stability frameworks and render established metrics insufficient for capturing digitally induced irrationality. The volume argues that regulators face a dual responsibility: to safeguard market integrity and consumer protection while ensuring openness and stability in the long term. This book contends that meeting this challenge requires collaborative approaches to implementing next-generation AI systems—not merely as instruments of profit maximization, but as platforms for transparency, behavioral insight, and adaptive governance. Ultimately, this book advances the view that successful digital transformation hinges on a thoughtful synthesis of technological capability, human psychology, and sound ethical principles. By bridging technical innovation with human judgment, the volume demonstrates how digital technologies can foster resilience, fairness, and trust in a perpetually evolving financial landscape.

Autor*in

Nadia Mansour

Themen in »Integrating AI in Finance, Accounting, and Law«

AI FinTech Financial Innovation Decentralized Finance DeFi Blockchain Digital Finance Ethics Digital Trading Platforms Legal Framework Financial Policy-Making Hyper-Connected Market Algorithmic Accountability Financial Regulation Digital Market Irrationality

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