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Artificial Intelligence Marketing and Predicting Consumer Choice: An Overview of Tools and Techniques
by Dr Steven StruhlThe ability to predict consumer choice is a fundamental aspect to success for any business. In the context of artificial intelligence marketing, there are a wide array of predictive analytic techniques available to achieve this purpose, each with its own unique advantages and disadvantages. Artificial Intelligence Marketing and Predicting Consumer Choice serves to integrate these widely disparate approaches, and show the strengths, weaknesses, and best applications of each. It provides a bridge between the person who must apply or learn these problem-solving methods and the community of experts who do the actual analysis. It is also a practical and accessible guide to the many remarkable advances that have been recently made in this fascinating field.
Artificial Intelligence Techniques for a Scalable Energy Transition: Advanced Methods, Digital Technologies, Decision Support Tools, and Applications
by Moamar Sayed-MouchawehThis book presents research in artificial techniques using intelligence for energy transition, outlining several applications including production systems, energy production, energy distribution, energy management, renewable energy production, cyber security, industry 4.0 and internet of things etc. The book goes beyond standard application by placing a specific focus on the use of AI techniques to address the challenges related to the different applications and topics of energy transition. The contributions are classified according to the market and actor interactions (service providers, manufacturers, customers, integrators, utilities etc.), to the SG architecture model (physical layer, infrastructure layer, and business layer), to the digital twin of SG (business model, operational model, fault/transient model, and asset model), and to the application domain (demand side management, load monitoring, micro grids, energy consulting (residents, utilities), energy saving, dynamic pricing revenue management and smart meters, etc.).
Artificial Intelligence Valuation: The Impact on Automation, BioTech, ChatBots, FinTech, B2B2C, and Other Industries
by Roberto Moro-ViscontiThe book discusses the main valuation methodologies of artificial intelligence (AI). Company valuation goes hand in hand with estimating intangible assets like AI, which are linked to higher risk and lower collateral value. Their accounting is controversial, and the most widely used valuation approaches are based on market, income, or cost-related metrics.The volume discusses in detail the valuation approaches such as the discounted cash flows (remembering that “cash is king”) or the empirical market multipliers and comparables. The approaches are complemented by several models, including advanced business planning that incorporates machine learning, digital scalability networks, or validating blockchains. The book, with a tailor-made theoretical background backed by empirical cases, shows how to evaluate AI products, such as chatbots or virtual assistants, for AI established producers, startups, or traditional “brick-and-mortar” AI users. The comprehensive set of techniques and methodologies will interest researchers, students, and practitioners in corporate finance, intellectual property valuation, and financial technology.
Artificial Intelligence along the Customer Journey: A Customer Experience Perspective
by Ada Maria Barone Emanuela StagnoThe development of several AI solutions has revolutionized the way in which consumers behave. Serving as a guide to the role that AI plays on different aspects of consumers’ life, this book provides a comprehensive understanding of the main artificial intelligence (AI) solutions available in the market. In particular, the authors adopt a customer experience approach to investigate how different AI technologies play a role at different stages of the customer journey (e.g., from pre-purchase to post-purchase decisions). Covering a range of technologies, such as augmented reality, voice assistants, chatbots and robots, readers will be able to learn which strategies and AI solutions are more effective at different stages of the customer journey.
Artificial Intelligence and Accounting: Ethical, Legal, and Social Implications (Routledge Studies in Accounting)
by Manjit Kour Daniel P. SchutteIn the dynamic field of accounting, where accuracy and productivity are critical, artificial intelligence (AI) integration has become a game-changer and AI is set to affect every industry. With the speed at which technology is developing, a thorough manual that helps readers understand the complex world of AI in accounting is desperately needed. By offering a sophisticated grasp of how AI is changing the core ideas of accounting and financial management, this book bridges this knowledge gap. It explores the relationship between AI technology and accounting processes, revealing the significant influence and unrealised potential outside of traditional bookkeeping.This book delves into how AI is revolutionising accounting procedures. It explores the newest AI technologies and their uses in financial data processing, auditing, compliance, and forecasting, ranging from machine learning to predictive analytics. It ensures responsible AI integration by addressing biases, accountability, and transparency while emphasising ethical considerations. This book provides case studies, practical advice, and examples from the real world, guaranteeing that readers not only understand the theoretical foundations of AI in accounting but also get the knowledge necessary to apply and maximise these technologies within their professional domains by connecting theory and application. It offers a road map for traversing the accounting industry's AI frontier, from using predictive analytics to make well-informed decisions to automating repetitive activities.This book will enable accountants, auditors, and financial analysts to prosper in the emerging AI-driven world.
Artificial Intelligence and Actuarial Science: Applications and Case Studies from Finance and Insurance
by Balamurugan Balusamy Sonal Trivedi Nallakaruppan M. K Nithya Rekha SivakumarThis book aims to explore how to automate, innovate, design, and deploy emerging technologies in actuarial work transformations for the insurance and finance sector. It examines the role of artificial intelligence with process automation in daily monitoring of solvency, governance, compliance, data processes, etc. It also explores the usage of machine learning, telematics system, AI-enabled claim processing software, Big Data and Algorithms, Explainable AI, and AI-enabled risk management tools in various actuarial processes.This book:• Presents case studies and best practices with real-world examples of successful and unsuccessful actuarial work transformation initiatives and transformation with emerging technologies• Offers deployment solutions for different applications of AI in actuarial work• Discusses how organizations can effectively incorporate AI into their current practices of actuarial work• Covers diverse emerging technologies, practices, and processes of actuaries from around the globe• Elaborates upon a framework for comprehending how big data and AI developments may affect insurance offers and their supervision• Explains how insurance companies may review and modify their current Risk Management Framework (RMF) to take into account some of the significant differences while implementing AI use casesThis reference book is for scholars, researchers and professionals interested in Artificial Intelligence and Actuarial Science.
Artificial Intelligence and Advanced Analytics for Food Security
by Chandrasekar VuppalapatiClimate change, increasing population, food-versus-fuel economics, pandemics, etc. pose a threat to food security to unprecedented levels. It has fallen upon the practitioners of agriculture and technologists of the world to innovate and become more productive to address the multi-pronged food security challenges. Agricultural innovation is key to managing food security concerns. The infusion of data science, artificial intelligence (AI), advanced analytics, satellites data, geospatial data, climatology, sensor technologies, and climate modeling with traditional agricultural practices such as soil engineering, fertilizers use, and agronomy are some of the best ways to achieve this. Data science helps farmers to unravel patterns in fertilizer pricing, equipment usage, transportation and storage costs, yield per hectare, and weather trends to better plan and spend resources. AI enables farmers to learn from fellow farmers to apply best techniques that are transferred learning from AI to improve agricultural productivity and to achieve financial sustainability. Sensor technologies play an important role in getting real-time farm field data and provide feedback loops to improve overall agricultural practices and can yield huge productivity gains. Advanced Analytics modeling is essential software technique that codifies farmers’ tacit knowledge such as better seed per soil, better feed for dairy cattle breed, or production practices to match weather pattern that was acquired over years of their hard work to share with worldwide farmers to improve overall production efficiencies, the best antidote to food security issue. In addition to the paradigm shift, economic sustainability of small farms is a major enabler of food security. The book reviews all these technological advances and proposes macroeconomic pricing models that data mines macroeconomic signals and the influence of global economic trends on small farm sustainability to provide actionable insights to farmers to avert any financial disasters due to recurrent economic crises.
Artificial Intelligence and Big Data for Financial Risk Management: Intelligent Applications (Banking, Money and International Finance)
by Hassan M. Kabir Metawa Saad Metawa NouraThis book presents a collection of high-quality contributions on the state-of-the-art in Artificial Intelligence and Big Data analysis as it relates to financial risk management applications. It brings together, in one place, the latest thinking on an emerging topic and includes principles, reviews, examples, and research directions. The book presents numerous specific use-cases throughout, showing practical applications of the concepts discussed. It looks at technologies such as eye movement analysis, data mining or mobile apps and examines how these technologies are applied by financial institutions, and how this affects both the institutions and the market. This work introduces students and aspiring practitioners to the subject of risk management in a structured manner. It is primarily aimed at researchers and students in finance and intelligent big data applications, such as intelligent information systems, smart economics and finance applications, and the internet of things in a marketing environment.
Artificial Intelligence and Bioethics: Perspectives
by Wellington Pinheiro dos Santos Maíra Araújo de Santana Leandro Modolo Luiz Vianna Sobrinho Giselle Machado Magalhães Moreno Fabiano Tonaco BorgesThe fourth industrial revolution challenges humanity ethically and morally: mass unemployment, new forms of colonialism, and mass-and-granular surveillance are a few examples of these challenges. Nevertheless, the industrial revolutions have increased human productivity and quality of life. This book aims to review the ethical challenges related to the use of these technologies. It unfolds bioethical perspectives regarding Artificial Intelligence (AI) and its impact on life on earth. It discusses both northern and southern epistemologies of bioethics. Northern bioethics comprises principles of autonomy, beneficence, non-maleficence, and justice. Southern bioethics gives weightage to struggles for human liberation, social justice, and the pluralism of knowledge. The book discusses topics from aging to mass surveillance, to deliver a universal bioethical guideline to a wide range of professions that work with AI and are concerned about its impact on life. This book will not label AI, but broaden the readers' view of an ethical and explainable AI that works for life on earth.
Artificial Intelligence and Blockchain for Social Impact: Social Business Models and Impact Finance
by Wolfgang Spiess-KnaflArtificial Intelligence and Blockchain for Social Impact provides an accessible overview of artificial intelligence (AI) and blockchain technologies, and explores their applications for social enterprise and impact investing. The opening chapter introduces the impact space, exploring different social business models, the role of technology, the impact investing market and general problems in the space. The remainder of this book falls into two paths: the first focusing on AI and the other looking at the blockchain technology. Providing introductions to each of these technologies and their histories, the author goes on to examine them from the perspectives of social business models and impact finance. A concluding chapter explores AI and cryptocurrencies in the impact space in the future. Readers are supported with international case studies and other student-friendly features. Situated at the intersection between technology, fintech, social enterprise, impact investing and social impact, this book is a valuable resource for upper-level courses across all these areas. It also offers an introduction to this emerging topic for researchers and business professionals. Online teaching resources to accompany this book include instructor lecture slides and data sets.
Artificial Intelligence and Business Transformation: Impact in HR Management, Innovation and Technology Challenges (Contributions to Management Science)
by María Teresa Del Val Núñez Alba Yela Aránega Domingo Ribeiro-SorianoThis book offers a current perspective on Artificial Intelligence in the context of an ever-changing and growing technological revolution in business management. It analyses how existing companies are adapting, new ones are emerging, and others are disappearing. Process re-engineering has made it possible to reshape organizational structures and create new departments and positions, all geared towards digitalization. The emergence of new business functions has led to new strategic thinking on e.g. companies’ structure, size, and core business – but also to the creation of new jobs, the need to cover digital skills, and the need for innovative team management. In short, it is a question of delving deeper into HR and the impact that digitalization has had on it, as the employee is one of the key figures to protect. The book initially focuses on providing a review of the current literature on the advancement of Artificial Intelligence and its impact on business transformation and the emergence of new management models. In turn, it addresses the diverse perspectives that currently dominate the business market, as well as the corporate transformations that have taken place in the post-pandemic era. Lastly, it equips employers with new tools to incorporate into their organizations, facilitating talent retention. In connection with HR, this digital transformation is reflected in new roles for change management and cultural transformation, including the use of digital technologies to improve the employee experience. In brief, the book offers a practical guide to business transformation, technological advances, and their application in human resources departments.
Artificial Intelligence and COVID Effect on Accounting (Accounting, Finance, Sustainability, Governance & Fraud: Theory and Application)
by Allam Hamdan Bahaaeddin AlareeniThis book considers the effects of COVID-19 on accounting, particularly with regard to the role of artificial intelligence in accounting in the post-pandemic business environment. The contributions in the book consider a variety of sectors that have been affected by the pandemic, such as the stock market, forensic accounting, Bitcoin, as well as the economic and educational responses to the pandemic and the aftermath felt by both developing and developed countries. This book will be a valuable read for academics, students and practitioners of accounting who are keen to explore the future of the field in light of the pandemic.
Artificial Intelligence and Causal Inference
by Momiao XiongArtificial Intelligence and Causal Inference address the recent development of relationships between artificial intelligence (AI) and causal inference. Despite significant progress in AI, a great challenge in AI development we are still facing is to understand mechanism underlying intelligence, including reasoning, planning and imagination. Understanding, transfer and generalization are major principles that give rise intelligence. One of a key component for understanding is causal inference. Causal inference includes intervention, domain shift learning, temporal structure and counterfactual thinking as major concepts to understand causation and reasoning. Unfortunately, these essential components of the causality are often overlooked by machine learning, which leads to some failure of the deep learning. AI and causal inference involve (1) using AI techniques as major tools for causal analysis and (2) applying the causal concepts and causal analysis methods to solving AI problems. The purpose of this book is to fill the gap between the AI and modern causal analysis for further facilitating the AI revolution. This book is ideal for graduate students and researchers in AI, data science, causal inference, statistics, genomics, bioinformatics and precision medicine. Key Features: Cover three types of neural networks, formulate deep learning as an optimal control problem and use Pontryagin’s Maximum Principle for network training. Deep learning for nonlinear mediation and instrumental variable causal analysis. Construction of causal networks is formulated as a continuous optimization problem. Transformer and attention are used to encode-decode graphics. RL is used to infer large causal networks. Use VAE, GAN, neural differential equations, recurrent neural network (RNN) and RL to estimate counterfactual outcomes. AI-based methods for estimation of individualized treatment effect in the presence of network interference.
Artificial Intelligence and Competition: Economic and Legal Perspectives in the Digital Age (Contributions to Economics)
by Georgios I. ZekosThis book examines the impact of artificial intelligence on competition and antitrust in today's global digital economy. It scrutinizes the economic and legal ramifications of Artificial Intelligence (AI), addressing the challenges it presents to competition and the law.Beginning with an analysis of AI's developments across various economic sectors, the book highlights the need for updated legislation. It focuses on the digital economy, emphasizing digital platforms' role in shaping competition. Econometric investigations and a novel index assess competition's influence on foreign direct investment and multinational enterprises. Comparing competition practices across jurisdictions like the EU, US, Germany, and China, the book uncovers commonalities and differences in competition law principles. It also explores various theories on competition and competition law, seeking convergence or divergence.This book is an essential resource for scholars, legal professionals, policymakers, and anyone seeking a better understanding of how AI is reshaping competition and antitrust in the digital age.
Artificial Intelligence and Credit Risk: The Use of Alternative Data and Methods in Internal Credit Rating
by Rossella Locatelli Giovanni Pepe Fabio SalisThis book focuses on the alternative techniques and data leveraged for credit risk, describing and analysing the array of methodological approaches for the usage of techniques and/or alternative data for regulatory and managerial rating models. During the last decade the increase in computational capacity, the consolidation of new methodologies to elaborate data and the availability of new information related to individuals and organizations, aided by the widespread usage of internet, set the stage for the development and application of artificial intelligence techniques in enterprises in general and financial institutions in particular. In the banking world, its application is even more relevant, thanks to the use of larger and larger data sets for credit risk modelling. The evaluation of credit risk has largely been based on client data modelling; such techniques (linear regression, logistic regression, decision trees, etc.) and data sets (financial, behavioural, sociologic, geographic, sectoral, etc.) are referred to as “traditional” and have been the de facto standards in the banking industry. The incoming challenge for credit risk managers is now to find ways to leverage the new AI toolbox on new (unconventional) data to enhance the models’ predictive power, without neglecting problems due to results’ interpretability while recognizing ethical dilemmas. Contributors are university researchers, risk managers operating in banks and other financial intermediaries and consultants. The topic is a major one for the financial industry, and this is one of the first works offering relevant case studies alongside practical problems and solutions.
Artificial Intelligence and Data Mining for Mergers and Acquisitions
by Debasis ChandaThe goal of this book is to present a modeling framework for the Virtual Organization that is focused on process composition. This framework uses Predicate Calculus Knowledge Bases. Petri Net-based modeling is also discussed. In this context, a Data Mining model is proposed, using a fuzzy mathematical approach, aiming to discover knowledge. A Knowledge-Based framework has been proposed in order to present an all-inclusive knowledge store for static and dynamic properties. Toward this direction, a Knowledge Base is created, and inferences are arrived at. This book features an advisory tool for Mergers and Acquisitions of Organizations using the Fuzzy Data Mining Framework and highlights the novelty of a Knowledge-Based Service-Oriented Architecture approach and development of an Enterprise Architectural model using AI that serves a wide audience. Students of Strategic Management in business schools and postgraduate programs in technology institutes seeking application areas of AI and Data Mining, as well as business/technology professionals in organizations aiming to create value through Mergers and Acquisitions and elsewhere, will benefit from the reading of this book.
Artificial Intelligence and Digital Diplomacy: Challenges and Opportunities
by Fatima RoumateThis volume discusses digital diplomacy and artificial intelligence within the context of global governance and international security. Rapid digitalization has changed the way international actors interact, offering new opportunities for international and bilateral cooperation and reinforcing the role of the emergent actors within global governance. New phenomena linked to digitalization and artificial intelligence are emerging and this volume brings a multidisciplinary, mixed-methods approach to studying them. Written by globally recognized experts, each chapter presents a case study covering an emerging topic such as: international regulation of the web and digital diplomacy, the interplay of artificial intelligence and cyber diplomacy, social media and artificial intelligence as tools for digital diplomacy, the malicious use of artificial intelligence, cyber security, and data sovereignty. Incorporating both theory and practice, quantitative and qualitative analysis, this volume will be of interest to graduate students and researchers in international relations, diplomacy, security studies, and artificial intelligence, as well as diplomats and policymakers looking to understand the implications of digitalization and artificial intelligence in their fields.
Artificial Intelligence and Economic Theory: Skynet in the Market (Advanced Information and Knowledge Processing)
by Tshilidzi Marwala Evan HurwitzThis book theoretically and practically updates major economic ideas such as demand and supply, rational choice and expectations, bounded rationality, behavioral economics, information asymmetry, pricing, efficient market hypothesis, game theory, mechanism design, portfolio theory, causality and financial engineering in the age of significant advances in man-machine systems. The advent of artificial intelligence has changed many disciplines such as engineering, social science and economics. Artificial intelligence is a computational technique which is inspired by natural intelligence concepts such as the swarming of birds, the working of the brain and the pathfinding of the ants. Artificial Intelligence and Economic Theory: Skynet in the Market analyses the impact of artificial intelligence on economic theories, a subject that has not been studied. It also introduces new economic theories and these are rational counterfactuals and rational opportunity costs. These ideas are applied to diverse areas such as modelling of the stock market, credit scoring, HIV and interstate conflict. Artificial intelligence ideas used in this book include neural networks, particle swarm optimization, simulated annealing, fuzzy logic and genetic algorithms. It, furthermore, explores ideas in causality including Granger as well as the Pearl causality models.
Artificial Intelligence and Ethics: A Field Guide for Stakeholders
by Tarnveer SinghArtificial Intelligence and Ethics is a general and wide-ranging survey of the benefits and ethical dilemmas of artificial intelligence (AI). The rise of AI and super-intelligent AI has created an urgent need to understand the many and varied ethical issues surrounding the technologies and applications of AI. This book lays a path towards the benefits and away from potential risks. It includes over thirty short chapters covering the widest array of topics from generative AI to superintelligence, from regulation to transparency, and from cybersecurity to risk management. Written by an award-winning Chief Information Security Officer (CISO) and experienced Technology Leader with two decades of industry experience, the book includes real-life examples and up-to-date references. The book will be of particular interest to business stakeholders, including executives, scientists, ethicists and policymakers, considering the complexities of AI and how to navigate these.
Artificial Intelligence and Heuristics for Enhanced Food Security (International Series in Operations Research & Management Science #331)
by Chandrasekar VuppalapatiThis book introduces readers to advanced data science techniques for signal mining in connection with agriculture. It shows how to apply heuristic modeling to improve farm-level efficiency, and how to use sensors and data intelligence to provide closed-loop feedback, while also providing recommendation techniques that yield actionable insights. The book also proposes certain macroeconomic pricing models, which data-mine macroeconomic signals and the influence of global economic trends on small-farm sustainability to provide actionable insights to farmers, helping them avoid financial disasters due to recurrent economic crises. The book is intended to equip current and future software engineering teams and operations research experts with the skills and tools they need in order to fully utilize advanced data science, artificial intelligence, heuristics, and economic models to develop software capabilities that help to achieve sustained food security for future generations.
Artificial Intelligence and Heuristics for Smart Energy Efficiency in Smart Cities: Case Study: Tipasa, Algeria (Lecture Notes in Networks and Systems #361)
by Mustapha HattiThis book emphasizes the role of micro-grid systems and connected networks for the strategic storage of energy through the use of information and communication techniques, big data, the cloud, and meta-heuristics to support the greed for artificial intelligence techniques in data and the implementation of global strategies to meet the challenges of the city in the broad sense. The intelligent management of renewable energy in the context of the energy transition requires the use of techniques and tools based on artificial intelligence (AI) to overcome the challenges of the intermittence of resources and the cost of energy. The advent of the smart city makes an increased call for the integration of artificial intelligence and heuristics to meet the challenge of the increasing migration of populations to the city, in order to ensure food, energy, and environmental security of the citizen of the city and his well-being. This book is intended for policymakers, academics, practitioners, and students. Several real cases are exposed throughout the book to illustrate the concepts and methods of the networks and systems presented. This book proposes the development of new technological innovations—mainly ICT—the concept of “Smart City” appears as a means of achieving more efficient and sustainable cities. The overall goal of the book is to develop a comprehensive framework to help public and private stakeholders make informed decisions on smart city investment strategies and develop skills for assessment and prioritization, including resolution of difficulties with deployment and reproducibility.
Artificial Intelligence and Human Performance in Transportation: Applications, Challenges, and Future Directions
by Dimitrios Ziakkas Anastasios PlioutsiasArtificial Intelligence (AI) is a major technological advancement in the 21st century. With its influence spreading to all aspects of our lives and the engineering sector, establishing well-defined objectives is crucial for successfully integrating AI in the field of transportation. This book presents different ways of adopting emerging technologies in transportation operations, including security, safety, online training, and autonomous vehicle operations on land, sea, and air.This guide is a dynamic resource for senior management and decision-makers, with essential practical advice distilled from the expertise of specialists in the field. It addresses the most critical issues facing transportation service providers in adopting AI and investigates the relationship between the human operator and the technology to navigate what is and is not feasible or impossible. Case studies of actual implementation provide context to common scenarios in the transportation sector.This book will serve the reader as the starting point for practical questions regarding the deployment and safety assurance of new and emergent technologies in the transportation domains. Artificial Intelligence and Human Performance in Transportation is a beneficial read for professionals in the fields of Human Factors, Engineering (Aviation, Maritime and Land), Logistics, Manufacturing, Accident Investigation and Safety, Cybersecurity and Human Resources.
Artificial Intelligence and IoT: Smart Convergence for Eco-friendly Topography (Studies in Big Data #85)
by Kalaiselvi Geetha Manoharan Jawaharlal Arun Nehru Sivaraman BalasubramanianThis book projects a futuristic scenario that is more existent than they have been at any time earlier. To be conscious of the bursting prospective of IoT, it has to be amalgamated with AI technologies. Predictive and advanced analysis can be made based on the data collected, discovered and analyzed. To achieve all these compatibility, complexity, legal and ethical issues arise due to automation of connected components and gadgets of widespread companies across the globe. While these are a few examples of issues, the authors’ intention in editing this book is to offer concepts of integrating AI with IoT in a precise and clear manner to the research community. In editing this book, the authors’ attempt is to provide novel advances and applications to address the challenge of continually discovering patterns for IoT by covering various aspects of implementing AI techniques to make IoT solutions smarter. The only way to remain pace with this data generated by the IoT and acquire the concealed acquaintance it encloses is to employ AI as the eventual catalyst for IoT. IoT together with AI is more than an inclination or existence; it will develop into a paradigm. It helps those researchers who have an interest in this field to keep insight into different concepts and their importance for applications in real life. This has been done to make the edited book more flexible and to stimulate further interest in topics. All these motivated the authors toward integrating AI in achieving smarter IoT. The authors believe that their effort can make this collection interesting and highly attract the student pursuing pre-research, research and even master in multidisciplinary domain.
Artificial Intelligence and Islamic Finance: Practical Applications for Financial Risk Management (Islamic Business and Finance Series)
by Adel M. SareaThis book provides a systematic overview of the current trends in research relating to the use of artificial intelligence in Islamic financial institutions (IFIs), across all organization of Islamic cooperation (OIC) countries. Artificial Intelligence and Islamic Finance discusses current and potential applications of artificial intelligence (AI) for risk management in Islamic finance. It covers various techniques of risk management, encompassing asset and liability management risk, credit, market, operational, liquidity risk, as well as regulatory and Shariah risk compliance within the financial industry. The authors highlight AI’s ability to combat financial crime such as monitoring trader recklessness, anti-fraud and anti-money laundering, and assert that the capacity of machine learning (ML) to examine large amounts of data allows for greater granular and profound analyses across a variety of Islamic financial products and services. The book concludes with practical limitations around data management policies, transparency, and lack of necessary skill sets within financial institutions. By adopting new methodological approaches steeped in an Islamic economic framework (e.g., analysing FinTech in the context of Shariah principles and Islamic values), it devises practical solutions and generates insightful knowledge, helping readers to understand and explore the role of technological enablers in the Islamic finance industry, such as RegTech and artificial intelligence, in providing better and Shariah-compliant services to customers through digital platforms. The book will attract a wide readership spanning Shariah scholars, academicians, and researchers as well as Islamic financial practitioners and policymakers.
Artificial Intelligence and Its Practical Applications in the Digital Economy: Proceedings of the International Conference on Artificial Intelligence and Its Practical Applications in the Age of Digital Transformation 2024, Volume 1 (Lecture Notes in Networks and Systems #861)
by Anis Koubaa Farid Meziane Yahya Mohamed Elhadj Mohamedade Farouk Nanne Mohamed DericheArtificial Intelligence (AI) technologies hold immense promise for developing countries by offering innovative solutions to longstanding challenges. By leveraging AI in health care, education, economic development, infrastructure, and resource management, these countries can potentially leapfrog traditional development stages and improve the quality of life for their populations. However, it's essential to approach AI deployment with ethical considerations to ensure that the technology serves the best interests of these communities and thus to maximize the expected benefits. The I2COMSAPP'24 "International Conference on Artificial Intelligence and its Applications in the Age of Digital Transformation" aims to provide an excellent opportunity to gather experts, researchers, practitioners, and innovators from various fields to explore the latest advancements, challenges, and practical implementations of artificial intelligence and machine learning (ML) technologies. Moreover, it aims to foster knowledge sharing, collaboration, and networking among professionals who are driving responsible and innovative use of AI and leveraging real-world applications for the betterment of society and industries.