The numerous presentations by renowned experts offered a deep insight into the ongoing development of artificial intelligence (AI) in finance.
The Dean of the Liechtenstein Business School, Prof. Dr. Michael Hanke, opened the conference with a short speech in which he emphasized the importance of the topic of artificial intelligence for the University of Liechtenstein. He emphasized how important it is to offer the topic in education and training and to actively contribute the university's expertise to practice through knowledge transfer and targeted research.
In his opening presentation Dr. René Deist from ZF Friedrichshafen provided a fascinating insight into the rapidly advancing field of generative AI. Following the opening presentation, Günter Jäger from PLEXUS Investments shed light on the potential of AI in asset management. Jäger emphasized the dynamic development with the words: “Artificial intelligence in finance is less hype than transformation. And it will significantly change the industry at an increasing pace.”
Assistant Professor Dr. Sebastian Stöckl from the University of Liechtenstein continued the afternoon by emphasizing in his presentation that AI is not just hype, but is already having a transformative effect on industries such as finance and services, while also highlighting the challenges that need to be overcome in order to exploit its full economic potential. Dr. Christopher Krauss from Artellium then gave an exciting presentation on how AI-based stock selection works, focusing in particular on the importance of the human factor.
Finally, Dr. Reto Degen from the Liechtenstein Financial Market Authority discussed the future European regulation of AI and provided an insight into the use of AI among financial intermediaries.
A highlight of the day was the dynamic panel discussion “AI - hype or sustainable transformation”, in which renowned experts such as Dr. Reto Degen, Dr. Christopher Krauss and Ass.-Prof. Dr. Sebastian Stöckl shared their perspectives.
The concluding networking aperitif not only offered participants the opportunity for an informal exchange, but also provided space for further discussions on the fascinating connection between investment and artificial intelligence. Assistant Professor Dr. Sebastian Stöckl from the Liechtenstein Business School was delighted with the outcome: “We are delighted with the positive response to the conference and the great interest in the topic of artificial intelligence, not only in the financial sector. In view of this success, we are pleased to announce that we are already planning next year's conference to continue this exciting format.”