Robotics & Machine Learning Daily News2024,Issue(Oct.31) :91-91.

Study Results from Sun Yat-sen University in the Area of Artificial Intelligence Reported (Technological Revolution and Regulatory Innovation: How Governmental Artificial Intelligence Adoption Matters for Financial Regulation Intensity)

Robotics & Machine Learning Daily News2024,Issue(Oct.31) :91-91.

Study Results from Sun Yat-sen University in the Area of Artificial Intelligence Reported (Technological Revolution and Regulatory Innovation: How Governmental Artificial Intelligence Adoption Matters for Financial Regulation Intensity)

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Abstract

By a News Reporter-Staff News Editor at Robotics & Machine Learning DailyNews Daily News-Investigators publish new report on Ar tificial Intelligence. According to news reportingout of Guangzhou, People's Re public of China, by NewsRx editors, research stated, "In the realm ofmodern fin ancial regulation, the integration of artificial intelligence (AI) is considered to be a potentialgame-changer. With rapid technological advancement, AI can en hance regulatory capabilities by efficientlyprocessing and analyzing complex fi nancial data."Financial support for this research came from National Natural Science Foundatio n of China (NSFC).Our news journalists obtained a quote from the research from Sun Yat-sen Univers ity, "This approachallows for more precise predictions and prevention of market risks, effective monitoring of potential marketabuses, and a deeper understand ing of financial markets. As a result, AI can substantially improve theefficien cy and impact of government regulatory frameworks. This study examined the impac t of governmentalAI adoption on financial regulatory intensity in China, reveal ing significant findings across 30provinces and municipalities from 2012 to 202 2. The relevant findings are fourfold. (1) GovernmentalAI adoption for financia l regulation significantly strengthens financial regulatory intensity. (2) The i nstitutionalenvironment and government transparency have respective promotional and restraining influenceson this process. (3) Further tests reveal a nonlinea r impact of governmental AI adoption for financialregulation on regional financ ial regulatory intensity. (4) Heterogeneity analysis demonstrates that theenhan cing effect of governmental AI adoption is more pronounced in regions located in the east, withstrong governance capabilities and well-developed digital enviro nments."

Key words

Guangzhou/People's Republic of China/A sia/Artificial Intelligence/Emerging Technologies/Finance and Investment/Inv estment and Finance/Machine Learning/Sun Yat-sen University

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出版年

2024
Robotics & Machine Learning Daily News

Robotics & Machine Learning Daily News

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