Nobel laureate warns: AI is changing financial trading, but not all money can be entrusted to AI!
James Heckman, the 2000 Nobel laureate in economics, raised an important issue at an international finance forum in Shanghai: AI can indeed make financial trading faster and cheaper, but it is not a cure-all.
Put simply, AI is a double-edged sword. On the one hand, it can improve trading efficiency, lower the costs of cross-border payments and financial services, and make the flow of funds smoother. On the other hand, it could be exploited to fabricate information, create scams, or even find loopholes in the financial system.
This is also worth considering in the cryptocurrency market. In the future, combining AI with blockchain could further advance cross-border payments, smart trading, and on-chain finance. But the more advanced the technology becomes, the more important it is to keep security and regulation up to speed.
I’ve always believed that truly valuable technology isn’t about how fast it operates, but about improving efficiency while maintaining a firm baseline for security.
AI can boost efficiency; humans must manage the risks. The competition in the future of finance won’t just be about technology—it will be about who can truly bring efficiency, security, and trust together.$ONE $BMT $ERA
James Heckman, the 2000 Nobel laureate in economics, raised an important issue at an international finance forum in Shanghai: AI can indeed make financial trading faster and cheaper, but it is not a cure-all.
Put simply, AI is a double-edged sword. On the one hand, it can improve trading efficiency, lower the costs of cross-border payments and financial services, and make the flow of funds smoother. On the other hand, it could be exploited to fabricate information, create scams, or even find loopholes in the financial system.
This is also worth considering in the cryptocurrency market. In the future, combining AI with blockchain could further advance cross-border payments, smart trading, and on-chain finance. But the more advanced the technology becomes, the more important it is to keep security and regulation up to speed.
I’ve always believed that truly valuable technology isn’t about how fast it operates, but about improving efficiency while maintaining a firm baseline for security.
AI can boost efficiency; humans must manage the risks. The competition in the future of finance won’t just be about technology—it will be about who can truly bring efficiency, security, and trust together.$ONE $BMT $ERA
