Fintech, large language models match made in heaven
China DailyA judge comments on projects during the HICOOL Global Entrepreneur Competition in Beijing in June. The rapid emergence of new technologies, particularly AI represented by large language models, is driving transformative changes in China's financial sector. Yang Xiaojing, an AI standards expert with the Internet Society of China, said China's fintech sector is among the global leaders, especially in the area of mobile payments. Yang said AI applications in finance can be categorized into four main areas: intelligent risk control, robot investment advisors, intelligent customer service and AI-assisted investment research. Robot investment advisors have seen significant adoption in the US, and Chinese internet securities platforms such as Eastmoney and Tonghuashun have also launched smart dialogue services backed by LLMs, Yang said.
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