Recently, a senior US state department official claimed that Big Tech companies may be complying with clandestine Chinese requests for user information held in Hong Kong. The allegation raises concerns over the handling of ethical issues by Western businesses and reflects China’s long-term plan for geographical expansion and control in the world.

Though there are denoted benefits AI in Finance, the long-term impact may end up leaving the world economy worse off. Ultimately, the decision of AI’s integration into finance will come down to the large institutional investors as well as the retail investors like you and me.