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Artificial intelligence
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=== Finance === Finance is one of the fastest growing sectors where applied AI tools are being deployed: from retail online banking to investment advice and insurance, where automated "robot advisers" have been in use for some years.<ref>Matthew Finio & Amanda Downie: IBM Think 2024 Primer, "What is Artificial Intelligence (AI) in Finance?" 8 Dec. 2023</ref> According to Nicolas Firzli, director of the [[World Pensions & Investments Forum]], it may be too early to see the emergence of highly innovative AI-informed financial products and services. He argues that "the deployment of AI tools will simply further automatise things: destroying tens of thousands of jobs in banking, financial planning, and pension advice in the process, but I'm not sure it will unleash a new wave of [e.g., sophisticated] pension innovation."<ref>M. Nicolas, J. Firzli: Pensions Age / European Pensions magazine, "Artificial Intelligence: Ask the Industry", May–June 2024. https://videovoice.org/ai-in-finance-innovation-entrepreneurship-vs-over-regulation-with-the-eus-artificial-intelligence-act-wont-work-as-intended/ {{Webarchive|url=https://web.archive.org/web/20240911125502/https://videovoice.org/ai-in-finance-innovation-entrepreneurship-vs-over-regulation-with-the-eus-artificial-intelligence-act-wont-work-as-intended/ |date=11 September 2024}}.</ref>
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