In this episode of the Beverage Report Podcast, we interview a leading expert on financial risk and the transformative role of artificial intelligence in the financial system and also one of our very own finance professors, Professor Jon Danielsson.
How is AI reshaping the private financial sector, and what are the ethical dilemmas and risks it introduces, such as pro-cyclicality and market instability? What challenges arise in regulating AI-driven decisions, and how can legal frameworks address the complexities of responsibility?
The conversation also explores the world of cryptocurrencies: what are their political roots, speculative nature, and potential impact on traditional financial systems? Why has current regulation taken a hands-off approach, and could this change as crypto evolves? The guest delves into the distinction between endogenous and exogenous risks in finance, shedding light on how institutional diversity can help mitigate systemic crises.
Throughout the discussion, Professor Danielsson highlights the evolving landscape of financial regulation, the disruptive potential of digital currencies, and the opportunities and challenges presented by AI.
Tune in to this thought-provoking episode of the Beverage Podcast to uncover the future of finance and gain insights into the shifting dynamics of our economic systems!