The Mega Model of Finance:Applications,Risks and Institutional Responses
As one of the elements of the new quality productivity,the application of financial big models has a high degree of technical superiority,industry suitability and practical feasibility.However,while bringing great bene-fits to the financial industry,financial mega models will also lead to a series of risks,which are mainly reflected in the risks of algorithmic credibility,data security and legal regulation.However,the emergence of risks does not mean that the application of financial big model technology itself should be stopped.A typology and legalized review of the risks of the application of financial mega models should be carried out,and a feasible legal system for risk prevention should be established from the perspective of the dual governance of technology and system by integrating the three major con-cepts of algorithmic ethics,relative security of data and functional regulation.Through a sound legal risk prevention system,with the help of institutional tools to cope with the legal risks of the financial big model,to promote its safe and credible landing application,and to build up strength for our country to realize the transformation of financial digi-tal intelligence and to build a strong financial country.
new quality productivityfinancial mega modelsalgorithmic trustworthinessdata securityfunc-tional regulationrisk prevention