Australian Regulators Tout AI as Key Tool to Protect Consumers
11/22/2023 10:36
Australian regulators are exploring ways that artificial intelligence can aid efforts to police markets and the wider finance industry.
Australian regulators are exploring ways that artificial intelligence can aid efforts to police markets and the wider finance industry.
That’s according to a slew of senior executives who spoke Wednesday at the Australian Securities and Investments Commission annual conference in Melbourne. The chief of the country’s markets watchdog said it’s looking at a pilot project where the technology allows submission documents — often thousands of words long — to be read far faster than is possible by humans.