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Claim · 2017-11-01 · publication · Stated in source · Supported

The FSB report of 1 November 2017 states that the lack of interpretability or auditability of AI and machine-learning methods could become a macro-level risk if not appropriately supervised, and that widespread use of opaque models would make it very difficult for firms and supervisors to predict how model-directed actions affect markets.

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Artificial intelligence and machine learning in financial services: Market developments and financial stability implications → articulates → The opacity of AI models complicates risk management and supervision

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