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Title:
Money, power, and AI : automated banks and automated states / edited by Zofia Bednarz, University of Sydney; Monika Zalnieriute, University of New South Wales.
Publisher:
Cambridge University Press,
Copyright Date:
2024
Description:
xxii, 239 pages ; 24 cm
Subject:
Financial services industry--Law and legislation.
Internet banking--Law and legislation.
Financial services industry--Technological innovations.
Financial services industry--Data processing.
Electronic funds transfers--Law and legislation.
Financial institutions--Computer programs.--Computer programs.
Banks and banking--Automation.
Money--Law and legislation.
Services financiers--Innovations.
Services financiers--Informatique.
Banques--Automatisation.
Institutions financieres--Logiciels.--Logiciels.
Banks and banking--Automation
Electronic funds transfers--Law and legislation
Financial services industry--Data processing
Financial services industry--Law and legislation
Financial services industry--Technological innovations
Internet banking--Law and legislation
Money--Law and legislation
Other Authors:
Bednarz, Zofia, editor.
Zalnieriute, Monika, editor.
Notes:
Includes bibliographical references.
Contents:
12. Against procedural fetishism in the automated state / Monika Zalnieriute. Acknowledgements -- List of abbreviations -- Introduction : AI at the intersection of money and power / Monika Zalnieriute and Zofia Bednarz -- Part I : Automated banks -- 1. AI in the financial sector : policy challenges and regulatory needs / Teresa Rodriguez de las Heras Ballell -- 2. Demystifying consumer-facing Fintech : accountability for automated advice tools / Jeannie Paterson, Tim Miller, and Henrietta Lyons -- 3. Leveraging AI to mitigate money laundering risks in the banking system / Doron Goldbarsht -- 4. AI opacity in financial industry and how to break it / Zofia Bednarz and Linda Przhedetsky -- Part II : The automated states -- 5. The automated welfare state : challenges for socioeconomic rights of the marginalised / Terry Carney -- 6. A new 'machinery of government'? The automation of administrative decision-making / Paul Miller -- 7. A tale of two automated states : why a one-size-fits-all approach to administrative law reform to accommodate AI will fail / Jose-Miguel Bello y Villarino -- 8. The Islamophobic consensus : datafying racism in Catalonia / Aitor Jimenez and Ainhoa Nadia Douhaibi -- Part III : Synergies and safeguards -- 9. Law and empathy in the automated state / Cary Coglianese -- 10. Sorting teachers out : automated performance scoring and the limit of algorithmic governance in the education sector / Ching-Fu Lin -- 11. Supervising automated decisions / Tatiana Cutts -- 12. Against procedural fetishism in the automated state / Monika Zalnieriute.
Summary:
"This collection sheds light on how AI and automated decision-making tools bring new sources of profits and power to financial firms and governments. Chapters offer distinct perspectives from authors of diverse backgrounds and across legal systems, arguing that new rules, frameworks, and approaches are needed to prevent harms of automation"-- Provided by publisher.
ISBN:
1009334336
9781009334334
1009334328
9781009334327
OCLC:
(OCoLC)1381294692
LCCN:
2023027688
Locations:
OVUX522 -- University of Iowa Libraries (Iowa City)

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This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.