TY - BOOK AU - ED - Parlamento Europeo. ED - Parlamento Europeo. ED - European University Institute TI - Artificial Intelligence market and capital flows: : Artificial Intelligence and the financial sector at crossroads SN - 978-92-846-8093-1 (print) PY - 2021/// CY - Luxembourg PB - European Parliament, Policy Department for Economic, Scientific and Quality of Life Policies Directorate-General for Internal Policies, KW - Inteligencia Artificial KW - tecnología KW - AI KW - mercados financieros KW - mercados monetarios KW - sector financiero KW - regulación N1 - En portada: STUDY Requested by the AIDA committee; Bibliografía: p. 46-50 N2 - This paper studies the transformation that Artificial Intelligence (AI) is bringing to the financial sector and how this sector can contribute to developments of AI applications. The study addresses the contribution of AI to a more efficient, open and the challenges of the AI transformation, and it provides recommendations for policies and regulations of AI and financial services. Investigates to what extent AI is transforming decision-making in financial markets and services, including credit markets, stock and money markets, derivatives and futures markets, insurance markets, foreign exchange markets, payment systems, and financial infrastructure markets. It is explained why and to what extent the combination of AI and its market applications in the financial sector will be a source of efficiency and prosperity, as it happened with other generalpurpose technologies, at the same time, the several and new challenges emerging with the diffusion of AI in financial markets are identified and discussed. Finally, the study illustrates what incentives one could put in place to facilitate safe AI applications for the financial sector and how financial markets can, in turn, support with investments the research and development of AI applications UR - https://www.europarl.europa.eu/RegData/etudes/STUD/2021/662912/IPOL_STU(2021)662912_EN.pdf ER -