How can AI improve financial analysis?
AI can enhance financial analysis by automating data processing, providing predictive analytics, and identifying trends.
What specific tools or software are commonly used for AI in finance?
Common tools include IBM Watson, Tableau, and various machine learning libraries like TensorFlow and Scikit-learn.
Can AI help in risk assessment for investments?
Yes, AI can analyze historical data and market conditions to assess risks and suggest optimal investment strategies.
What are the limitations of using AI in financial analysis?
Limitations include data quality issues, the need for human oversight, and potential biases in algorithms.
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