While much attention is rightly focused on Vice President Jagdeo’s engagements in India — at the global AI summit — it is important to recognize that artificial intelligence in finance is not a future concept. It is already embedded in global practice.
Some time ago, I published a framework on AI in modern finance — governance, accountability, and disciplined application — long before it became a headline topic locally.
AI does not replace judgment. It amplifies it.
And in emerging economies like ours, those who understand how to harness it responsibly will shape the next phase of institutional development.
With AI now firmly on the global policy agenda, I’m reposting this note I wrote earlier on AI in finance — because the implications for emerging markets, fiscal governance, and capital markets are only accelerating.