AI in Business and Finance: the 2021 edition of the OECD Outlook

The OECD is currently examining the tremendous potential and corresponding challenges of artificial intelligence (AI) applications for business and finance. The 2021 edition of the OECD Business and Finance Outlook highlights the ways that AI is transforming market structures, business models and corporate behaviour, focusing on key policy areas such as finance, competition, responsible business conduct and security concerns related to foreign direct investment in AI. The report also examines the supervisory technology tools that can ensure regulatory oversight, detection and enforcement by governments in these areas. It puts forward priorities and recommendations for policy makers and market participants seeking to strike a balance between fostering innovation in AI while also mitigating associated risks to market stability and a level playing field.

The launch event of the Outlook has taken place today, 24 September 2021.

During the OECD Global Blockchain Policy Forum, the virtual launch of the Outlook has hosted a high-level discussion on what governments and businesses can and should be doing to foster the use of trustworthy AI applications in the financial sector. This event has brought together senior representatives and thought leaders from government, business, civil society, academia, other international organisations and the media.

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OECD official website