Bank of Korea and Korean Statistical Society Joint Forum on the 15th... Discussion on Explainable AI in Finance

A forum to discuss the use of explainable AI (artificial intelligence) in the financial sector will be held.

The Bank of Korea announced on the 14th that it will jointly host a forum with the Korean Statistical Society on the 15th under the theme "Expanding and Applying Economic Statistics in the Era of Explainable AI."

The forum will feature researchers and experts from academia, government agencies, and the Bank of Korea who are involved in statistical compilation and analysis, presenting research findings and sharing related knowledge. The event will begin with an opening address by Kim Dong-wook, President of the Korean Statistical Society, and a welcome speech by Yoo Sang-dae, Deputy Governor of the Bank of Korea, followed by three sessions including invited lectures, paper presentations, and discussions.

Participants will introduce new prediction models based on artificial neural networks and the latest research trends in invited lectures, followed by presentations on research and strategies for utilizing explainable AI (eXplainable AI), and discussions on the expansion and application cases of new economic statistics.

A Bank of Korea official stated, "We expect this meaningful event to discuss the academic research achievements on the use of explainable AI in the financial sector, along with the results of efforts the Bank of Korea has made to better measure rapidly changing economic phenomena."

This content was produced with the assistance of AI translation services.