03 June 2019

BoE: Managing machines: the governance of artificial intelligence - speech by James Proudman

BoE: Managing machines: the governance of artificial intelligence - speech by James Proudman

Technology such as artificial intelligence and machine learning is welcome. It’s shaping a new economy powered by big data and advanced analytics. 

UK financial firms have started to integrate it into their operations. But, they must also understand the implications for governance in order to identify and manage the associated risks. 

In his speech, James gives three principles firms can use when they’re thinking about how to do this.