Itay Goldstein on AI’s Opportunity and Risk in Finance

A speaker addresses an audience with one hand raised, before a blue pop up banner "Regulators need to move with the frontier, understand how markets evolve, and take actions as needed." – Itay Goldstein Artificial intelligence is rapidly reshaping the finance sector, and posing enormous questions for professionals, regulators, and researchers about how the field will navigate the massive potential and systemic risks that comeRead More

AI-Powered Collusion in Financial Markets

Itay Goldstein And Winston Wei Dou headshots, with the heading "Discoveries" The use of artificial intelligence in capital markets is becoming more widespread due to its perceived ability to enhance efficiency. But a recent study by Itay Goldstein and Winston Wei Dou, which is part of the Jacobs Levy Center's working paper series on SSRN, demonstrates the ever-present risk of AI-poweredRead More

From Turing to Trading: How AI is Revolutionizing Finance

Digital lines emerge before a dark blue background. "AI in Finance" appears in the middle This is the first installment of the new blog series, "From Algorithms to Innovation: AI Redefines the Frontiers of Global Finance" by Sarah Hammer, executive director at the Wharton School. This forward-looking series explores the unique capabilities and unprecedented challenges of generative AI across the financial landscape. Take a deepRead More