General : IFCTF 2026: AI Must Augment Human Judgment, Not Replace It In Financial Crime Fight - Experts
KUALA LUMPUR, Oct 6 (Bernama) -- Artificial intelligence (AI) should be used to strengthen human judgment rather than replace it in the fight against increasingly sophisticated financial crime, with financial institutions also needing to bridge critical AI skills gaps, experts said.
The Governor of the Bank of Ghana, Dr Johnson Pandit Asiama, has cautioned against relying solely on artificial intelligence (AI) to make decisions affecting public resources and citizens' welfare. While AI can improve project monitoring by analyzing data, identifying risks, and flagging emerging challenges, it should remain a tool to support, rather than replace, human judgment.
Dr Asiama emphasized the need for public institutions to ensure that AI-driven systems are underpinned by quality data, transparency, privacy, security, and accountability, with human oversight remaining central to ensure meaningful results and value for money in public-sector project management and monitoring.
Brief written by urgent.news from MyJoyOnline Ghana's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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