According to many experts the employment of “artificial intelligence” (AI) within the global economy offers unprecedented benefits.

McKinsey, a management consultancy firm, estimates that AI will add $13 trillion of value to the global economy by 2030. This amounts to 1.2 percent of additional GDP growth per year - twice the impact of conventional information technology (IT) in the 2000s.

Unfortunately, these benefits, if they really materialise, will not be risk free, especially as far as financial services are concerned.

AI will almost certainly generate disruptive effects.

From the standpoint ...