POSSIBILITIES AND ADVANTAGES OF EFFECTIVE USE OF ARTIFICIAL INTELLIGENCE IN THE BANKING SYSTEM OF THE REPUBLIC OF UZBEKISTAN

Abstract

The introduction of artificial intelligence into the banking system and its effective use, determining the negative and positive effects of artificial intelligence on banking activity, the advantages and disadvantages of banking activity, and the risks arising from them are the most important issues today. the effective use of artificial intelligence leads to an improvement in the financial situation in banks, allows to reduce costs and save time. In addition, it allows updating the general situation in banks, constantly updating the information base, and accelerates the process of international integration. This article analyzes the areas where artificial intelligence can be affected and where it can be used effectively.