1、1Artificial Intelligence and Machine Learning Survey Analysis Artificial Intelligence and Machine Learning Survey Analysis2IntroductionSurvey AnalysisThe Industrys PerspectiveThe regulators perspectivePath forwardReferences35131719Contents Artificial Intelligence and Machine Learning Survey Analysis

2、 3According to the Organization for Economic Co-operation and Development,“Artificial intelligence(AI)systems are machine-based systems with varying levels of autonomy that can,for a given set of human-defined objectives,make predictions,recommendations or decisions.AI techniques are increasingly us

3、ing massive amounts of alternative data sources and data analytics referred to as big data.Such data feed machine learning(ML)models which use such data to learn and improve predictability and performance automatically through experience and data,without being programmed to do so by humans.”Artifici

4、al intelligence and machine learning(AI/ML)are on a rapid trajectory to growth and have proven industry-wide acceptance and uptake.To maintain market competitiveness,regulatory objectives should focus on maintaining market integrity,economic stability,and consumer protection whilst enabling the wide

5、spread consumption of emerging trends like the disruption of AI/ML.Thus,the streamlining of compliance processes within financial innovation contexts can improve existing procedures and cater to efficient workflows.Moreover,there are currently no international guidance and standards on AI&ML specifi

6、cally in the context of financial services.Thereby,the Central Bank of Bahrain collaborated with the Israeli Securities Authority and the Ontario Securities Commission to underline the matureness of the adoption and regulation surrounding AI/ML initiatives across different jurisdictions by circulati