Implications of Artificial Intelligence (AI) and machine learning-based fintech for the financial assets related traditional investment theories

Rubaiyat Shaimom Chowdhury, Md. Aminul Islam, Dayang Hasliza Binti Muhd Yuauf, Mohammad Bin Amin, Md. Sharif Hassan, Suborna Barua, Masuk Abdullah

Article ID: 7415
Vol 8, Issue 12, 2024

VIEWS - 70 (Abstract) 23 (PDF)

Abstract


New technologies always have an impact on traditional theories. Finance theories are no exception to that. In this paper, we have concentrated on the traditional investment theories in finance. The study examined five investment theories, their assumptions, and their limitation from different works of literature. The study considered Artificial Intelligence (AI) and Machine Learning (ML) as representative of financial technology (fintech) and tried to find out from the literature how these new technologies help to reduce the limitations of traditional theories. We have found that fintech does not have an equal impact on every conventional finance theory. Fintech outperforms all five traditional theories but on a different scale.


Keywords


artificial intelligence; machine learning; fintech; traditional investment theories; financial assets

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References


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DOI: https://doi.org/10.24294/jipd.v8i12.7415

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