Translation. Region: Russian Federation –
Source: Peoples'Friendship University of Russia
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The FINOPOLIS 2025 Forum of Innovative Financial Technologies, organized by the Bank of Russia, took place in Sochi. One of the key topics of the event was the impact of artificial intelligence on the financial market.
Viktor Dostov, Professor of the Department of Applied Artificial Intelligence at RUDN University and Chairman of the Electronic Money Association (EMA), presented at the session "Digital Divide: AI – the 'Great Equalizer' or the 'Great Divider'?" The discussion was moderated by Mikhail Mamuta, Head of the Bank of Russia's Service for Consumer Protection and Financial Inclusion.
Session participants discussed key challenges associated with the use of AI, including the risk of increasing inequality, the problem of imposing decisions on clients, and the issue of trust in algorithms.
In his speech, Viktor Leonidovich touched on a fundamental aspect of technological development, noting that any new technology is initially inferior to traditional solutions, but it is precisely in this "weakness" that lies the potential for a future breakthrough.
"AI still leads to some leveling, and therefore contributes to progress," says Viktor Dostov.
The expert also presented his view on the future of the financial sector, where traditional credit institutions are being transformed by artificial intelligence.
"At the same time, we will truly get new banks—AI agents in place of traditional credit institutions. This transformation will ultimately benefit all market participants, and most importantly, consumers, who will receive more personalized, efficient, and accessible financial services," says Viktor Dostov.
Also at the session, representatives from the Bank of Russia, the State Duma, and leading financial companies (such as Sber, Alfa-Bank, T-Bank, Yandex, and others) discussed the need for legislative regulation of AI, the importance of maintaining customer trust, and ethical risks, including the potential for manipulation of consumer behavior. There was no consensus on whether AI is a "divider" or an "equalizer," but all experts agreed that the impact of artificial intelligence on the financial sector will only increase.
Viktor Leonidovich's participation in the FINOPOLIS 2025 forum underscored the importance of the RUDN University scientific community in shaping the expert agenda in the field of AI and its practical application in the Russian economy. Our university's Faculty of Artificial Intelligence, supported by a grant from the Ministry of Digital Development, continues to expand and strengthen its academic and professional ties to implement top-level educational programs in this field.
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