CEPR-金融领域的人工智能（英）

7The Future of BankingThierry Foucault, Leonardo Gambacorta, Wei Jiang and Xavier VivesArtificial Intelligence in FinanceARTIFICIAL INTELLIGENCE IN FINANCEThe Future of Banking 7CEPR PRESSCentre for Economic Policy Research187 boulevard Saint-Germain75007 Paris, France 2 Coldbath SquareLondon EC1R 5HL, UKTel: +44 (20) 7183 8801Fax: +44 (20) 7183 8820Email: cepr@cepr.orgWeb: www.cepr.orgISBN: 978-1-912179-93-0© 2025 CEPR PressARTIFICIAL INTELLIGENCE IN FINANCEThe Future of Banking 7Thierry FoucaultHEC Paris and CEPRLeonardo Gambacorta Bank for International Settlements and CEPRWei JiangEmory UniversityXavier VivesIESE Business School and CEPR CENTRE FOR ECONOMIC POLICY RESEARCH (CEPR)The Centre for Economic Policy Research (CEPR) is a network of almost 1,900 research economists based mostly in European universities. The Centre’s goal is twofold: to promote world-class research, and to get the policy-relevant results into the hands of key decision-makers. CEPR’s guiding principle is ’Research excellence with policy relevance’. It was founded in the UK in 1983, where it is a Charity, and in November 2019 CEPR initiated the creation of an Association under French law, in order to provide a vehicle for an expansion in France. The members of the Conseil d’Administration of the Association are identical to the UK Board of Trustees.CEPR is independent of all public and private interest groups. It takes no institutional stand on economic policy matters and its core funding comes from its Institutional Members, projects that it runs and sales of publications. Because it draws on such a large network of researchers, its output reflects a broad spectrum of individual viewpoints as well as perspectives drawn from civil society. CEPR research may include views on policy, but the Trustees/members of the Conseil d’Administration of the Association do not give prior review to its publications. The opinions expressed in this report are those of the authors and not those of CEPR.Chair of the Board Sir Charlie BeanFounder and Honorary President Richard PortesPresident Beatrice Weder di MauroVice Presidents Maristella Botticini Antonio Fatás Ugo Panizza Hélène ReyChief Executive Officer Tessa OgdenIESE BUSINESS SCHOOLIESE is the graduate business school of the University of Navarra. Founded in 1958, the school is one of the world´s most international business schools, with campuses in Barcelona, Madrid, Munich, New York and São Paulo. Consistently ranked within the top ten worldwide, IESE Business School has pioneered business education in Europe since its founding. For more than sixty years, IESE has sought to develop business leaders with solid business skills, a global mind-set and a desire to make a positive impact on people and society. The school distinguishes itself in its general-management approach, extensive use of the case method, international outreach, and emphasis on placing people at the heart of managerial decision-making.About the authorsThierry F