– China should introduce a regulatory framework for artificial intelligence in the finance industry, and enhance technology used by regulators to strengthen industry-wide supervision, policy advisers at a leading think tank said on Sunday.
“The point is how we make sure it is safe for use and include it with proper supervision,” Xiao told a forum in Qingdao on China’s east coast. Lessons should be learned from the boom and bust of the online peer-to-peer lending sector where regulations were not introduced quickly enough, said economics professor Huang Yiping at the National School of Development of Peking University.
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