AI in Finance: “A Threat or Complement to Human Employment”
Mrs. Pallavi. N. Wadkar
Asst. Professor.
Ganpatrao Arwade College of Commerce, “Sangli.
Abstract :
Artificial Intelligence in Finance is a rapidly growing field that sparked global debates regarding it’s impact on human employment. On one hand, AI enables automation of repetitive tasks, enhances predictive accuracy & reduces human errors in financial decision-making on the other, it raises concerns about job displacement. deskilling of professionals and over reliance on algorithms.
This paper looks at whether AI in finance is more of a treat to human jobs or a tool that Can support & improve human abilities. By reviewing. studies, theories and challenges, it Concludes that AI is not completely harmful or Completely helpful. Instead, it is like to two-sided” tool: While routine jobs in accounting auditing & financial analysis are at risk of being replace by automation, important human skills – like ethical decision-making, strategic thinking, & emotional intelligence – cannot be replaced machines.
The research employs qualitative methods, including secondary data from scholarly articles, industry reports & case studies, to evaluate the evolving relationship between AI & Human Employment.
Findings suggest that AI is reshaping finance jobs rather than eradicating them. Professionals are required to reskill & adapt to hybrid roles where humans & machines work together.
The Conclusion highlights that focus should not be on stopping AI, but on managing it in the right. way. AI should be seen as a tool that works with human, not against them. To achieve this, Continuous learning, strong ethical guidelines & human focused Designed are essential. These measures will ensure finance jobs remain secure & future ready.
Keywords – Artificial Intelligence, Human Employment, Finance and Accounting, Human AI Collaboration, Algorithmic Trading, Reskilling and Upskilling, Future of Work.
DOI link – https://doi.org/10.69758/GIMRJ/2509I9VXIIIP0037
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