Reported 8 months ago
The Financial Supervisory Commission officially released the 'Financial Industry Application of Artificial Intelligence (AI) Guidelines' on June 20, 2024. As of the end of May, out of 377 financial peripheral units surveyed, 108 were already utilizing AI, accounting for 29%, with 29 institutions adopting the ChatGPT 'Chatbot' technology, especially in the banking sector. The guidelines aim to assist financial institutions in the implementation, use, and management of AI, focusing on principles like fairness, human-centeredness, privacy protection, and individual rights, stressing that non-compliance will not result in penalties for now.
Source: YAHOO