AI and Financial Regulation
FinancePublic PolicyEconomics
THE AI ANGLE
Executing autonomous transactions and learning to coordinate market pricesBank of England official Sarah Breeden and Wharton professor Itay Goldstein discussed oversight for autonomous AI in finance. Autonomous systems operate at machine speed without direct human review of each action. Regulators must now focus on governance guardrails as self-learning algorithms find ways to collude without human intent.
THE TEACHING ANGLE
Financial enforcement relies on proving human intent, yet autonomous algorithms can produce collusive prices without communicating.Read the original at knowledge.wharton.upenn.edu Generate teaching or study materials
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