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Shanghai Institute of Artificial Intelligence and Finance of East China Normal University Is Officially Established! MIT Professor Max Tegmark, 5 Academicians, and 12 AI Finance Experts Explore New Opportunities in AI-Fin

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In recent years, AI, especially machine learning, has achieved improved efficiency and accuracy in tasks such as financial data analysis, risk estimation, and investment management, providing strong momentum for the business transformation of banks, insurance companies, funds, securities companies and other institutions. As the concept of big models continues to gain popularity, "financial big models" have also become a hot topic in the industry. However, unlike traditional industries such as industry and construction that have made drastic intelligent upgrades, the combination of finance and AI faces more stringent challenges in data compliance, privacy security, and market supervision, and requires coordinated promotion by government, industry, academia, and research.

It is not only important to break down the "Berlin Wall" between AI technology and financial knowledge, but also necessary to combine theoretical knowledge with industry pain points in order to better utilize AI technology to promote financial technology innovation, which requires researchers to have an interdisciplinary background. In addition, the risks brought about by the application of advanced AI technology should not be ignored, and the response strategies should be clearly defined at the scientific research stage.

Gain insights into the development trend of AI finance,East China Normal University will build the Shanghai Institute of Artificial Intelligence and Finance (SAIFS) in 2023.As the world's first education and research institution built around the intersection of artificial intelligence and finance, SAIFS emphasizes the cultivation of a new generation of artificial intelligence finance (AI-Fin) talents who integrate financial knowledge, artificial intelligence technology and practical experience on the basis of general education that goes beyond knowledge points.

The inauguration ceremony of Shanghai Institute of Artificial Intelligence and Finance of East China Normal University and the first annual academic conference of SAIFS will be held in Shanghai from May 31 to June 1.After the unveiling ceremony, many senior experts, scholars and industry leaders were invited to engage in a wonderful exchange of ideas around the development trends and industry innovations of AI-Fin!

Registration link:

https://saifs.ecnu.edu.cn/xsnh/list.htm

Covering AI and finance horizontally and academia and industry vertically

In addition to the unveiling ceremony, the first SAIFS annual academic conference will focus on three major topics and will bring 15 keynote speeches and 3 roundtable forums.Chinese and foreign guests will share cutting-edge technologies and industry insights around the theme of "the integration of artificial intelligence and financial technology, big models and finance, and the international perspective of AI ethics and governance", and discuss the application of financial big models and big model ethics issues that are of great concern to the industry through the exchange of views.

The detailed agenda is as follows

The first SAIFS annual academic conference invited 18 top scholars and industry leaders in the fields of AI, finance, and interdisciplinary fields from four continents.From different perspectives of academic and industry applications, we will explore the opportunities and challenges of AI-Fin. The list of speakers is as follows:

SAIFS: Cultivating future shapers who will integrate AI and financial intelligence into the world

Shanghai Institute of Artificial Intelligence and Finance of East China Normal University insists on being rooted in the forefront of academic research and will build two major centers: Artificial Intelligence Finance (AI-Fin) Research Center and Artificial Intelligence Ethics and Governance (AI-PPE) Research Center.Explore new applications of AI in finance and drive the steady development of AI-Fin. At the same time, SAIFS is committed to establishing a broad cooperation network with academic institutions, financial institutions, technology companies and government departments around the world to improve the efficiency and quality of financial services and create value for society by promoting cross-research and application of AI and finance.

Professor Shao Yilei, the founding dean of SAIFS, pointed out that“We are training future shapers who will integrate artificial intelligence and financial intelligence into the world.” SAIFS is a younger academy than AI and will grow together with the new generation of AI.

Dean Shao Yilei said frankly that the reason why she chose the intersection of artificial intelligence and finance is that the development of artificial intelligence and finance are highly similar: both are full of fluid complexity. In addition, these two disciplines that cross the boundaries between science and liberal arts are equally important for the impact on science and humanities. Finance shaped the world system after World War II, and artificial intelligence will shape the current world pattern and the future of coexistence between humans and other types of intelligence. AI and finance are both the most vivid social expressions of "great control without division."   

For more information about SAIFS, you may wish to visit the "Establishment and Unveiling Ceremony of Shanghai Institute of Artificial Intelligence and Finance of East China Normal University and the First Annual Academic Conference of SAIFS" to experience a hearty AI-Fin academic feast!