Singapore FinTech Festival to focus on promise and pitfalls of Artificial Intelligence

The eighth edition of the Singapore Fintech Festival (SFF) will focus on the promise and pitfalls of Artificial Intelligence (AI) this year. The leaders and experts from around the world in finance, technology and public policy, will facilitate dialogues on re-architecting the financial system, preparing for future risks in technology and climate, and powering entrepreneurs and the future tech workforce.

The festival’s central theme will revolve around “AI for good. AI for good?” Some projections indicate that generative AI alone could boost global GDP by nearly $7 trillion in the coming decade, alongside widespread adoption of AI in enterprise operations. At the same time, there is considerable caution around some inherent risks in AI.

SFF 2023 will build on earlier discussions around driving low-carbon transitions, expanding financial access for underserved populations, bolstering digital economic resilience, and scaling promising AI and Web3 solutions regionally and globally.

The SFF Conference will be covering eight themes: responsible tokenisation, beneficial AI, accelerating ESG, efficient payments, scaling insurances and pension, digitising inclusion, advancing talent and empowering entrepreneurship.

Preceding the SFF 2023 main conference was Elevandi Insights on 14th November, bringing together regulators, policymakers, industry leaders and investors in a full-day programme comprising the following two key components:

  • The Capital Meets Policy Dialogue assembled influential policymakers and investors to debate pressing challenges in capital investment, value creation and policymaking relevant to AI.
  • The Public-Private Roundtables featured open public-private sector leadership dialogues to produce actionable outcomes, ranging from whitepapers to announcements of new commitments.

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