Blue Pujiang discusses AI in finance

The Blue Pujiang academic meeting, held by the science and technology associations of Hongkou, Huangpu, Yangpu and Xuhui districts on Saturday, provides new solutions and predicts industrial trends.

Jin Yaohui, engineer from the AI Research Institute of Shanghai Jiao Tong University, said artificial intelligence doesn’t mean that robots replace workers, but instead AI decreases costs and increases efficiency.

In finance, machine learning, computer vision and knowledge graphs are the most widely used. “From overseas practices, AI promotes digital finance, such as robots serving customers and automated risk warning system for customers,” he said.

Wu Zhong, general manager of DataVisor’s China branch, said the engagement of Internet in finance helps create more detailed customer profiles, improve customer experience and make it possible to achieve precise management. 

The meeting was initiated in 2006. Over years, it has discussed several hot topics such as the development of bio-medicine in the digital era, how to turn academic results into commercial products and innovation-driven eco-friendly development.