Finance
- Fraud Detection: AI systems detect fraud in financial transactions by
analyzing patterns (Korinek & Stiglitz, 2018) [19].
- Robo-Advisors: Algorithms offer personalized financial advice and
investment strategies.
- Stock Market Predictions: AI provides stock market insights, though
it’s not always accurate.
- Automated Customer Support: AI-powered customer support systems in
banks handle routine inquiries.