A Legal Assessment of the Current Situation with Artificial Intelligence and Economic Crime Policing

Abstract

The purpose of this article is to give a complete review of the uses of artificial intelligence (A.I.) in law enforcement, with a particular focus on crimes committed in economic markets, such as market manipulation and insider trading. When the market is manipulated, it may cause significant economic losses for investors and a decline in the degree of trust those investors have in the market. This impairs the efficiency of the markets, which corporations use to raise money and by producing profits through superannuation, pension, and self-governing wealth funds. Security measures have also taken, employing new technology to identify and react to illegal activity to safeguard stakeholders, the broader public, and the worldwide economic system. Criminals are more proficient in manipulating economic markets. This study analysis critically the potential of adopting A.I and possibilities include the merits and downsides of an A.I. strategy, limitations and possible benefits of increasing the use of A.I. to combat economic crime.