On September 18, Lu Lei, the Deputy Governor of the People's Bank of China, addressed the China-ASEAN Financial Cooperation and Development Forum, focusing on the theme of 'Deepening AI Collaboration in the Financial Sector Between China and ASEAN.' He highlighted that while cutting-edge AI technologies, such as large-scale models and intelligent agents, enhance financial services, they also usher in fresh risks, including algorithmic black boxes and model hallucinations. Lu Lei underscored that although AI has the capacity to mimic human behavioral logic, comprehending its internal decision-making mechanisms remains a challenge for humans. This 'asymmetry in understanding' could present obstacles to the financial sector, thereby underscoring the critical need for robust security governance. China is eager to bolster collaboration with ASEAN nations to collectively tackle the emerging financial risks posed by AI technology, share insights in model management and algorithmic risk prevention and control, and construct a security framework that aligns with digital and intelligent advancements, ensuring the safety and integrity of 'AI + Finance' initiatives.
