The Impact of AI on Financial Professionals

Abstract

This paper examines the substantial influence of artificial intelligence (AI) on financial professionals, focusing on how AI technologies change jobs and responsibilities in the financial sector. According to the research, AI acts as both a disruptive force and a catalyst for efficiency, requiring professionals to adapt to technological improvements while providing tools to improve decision-making and productivity. The findings are divided into three sections: first, the scope and key components of AI in finance are defined, with a focus on its historical development; second, the transformation of financial roles through automation, data analytics, and risk management is examined; and finally, case studies from various financial institutions demonstrate the practical application of AI technologies. This analysis demonstrates how AI simultaneously challenges and empowers financial professionals, emphasizing the importance of continual learning and skill improvement to survive in an AI-driven economy.