AI in Financial Decision Making

Abstract

This chapter examines how technology and artificial intelligence (AI) are revolutionizing several industries by enhancing company processes' accuracy, speed, and trust. When combined, they assist companies in automating, augmenting, and achieving authenticity in their workflows. For example, blockchain and artificial intelligence (AI) in financial services increase the speed and accuracy of procedures like loan approvals. This combination increases accuracy, decreases manual labor, and fosters consumer trust. Better care and treatments are possible in the healthcare industry thanks to blockchain's secure record-keeping and artificial intelligence's data analysis capabilities, which give clinicians access to patient records while maintaining patient privacy. AI manage inventory, optimize routes, and even monitor carbon emissions for sustainability. Early success of AI indicates a bright future, despite certain obstacles like maintaining correct data and keeping AI tools current. By utilizing these solutions, businesses may enhance customer happiness, data security, and save time.