CategoryFinance Insurance

The auto finance industry should be cautious when using AI tools, experts say

An illustration of two hands coming together in a handshake. The hands and forearms are composed of circuit board patterns, with lines and dots symbolizing electronic connections. This illustration is a metaphor for technology partnerships, digital agreements, smart contracts, or the integration of technology within business relationships. The circuitry within the handshake conveys the idea of connectivity and modern, tech-driven interactions.
AI is proliferating throughout the auto finance industry. But so far there has been little direct government regulation of the new technology. (ROB DOBI/GETTY IMAGES)
Author
PH
By:
Paige Hodder
November 26, 2024 07:34 PM

Featured Stories

Column: Keeping it together in the face of many challenges
ImageColumn: Keeping it together in the face of many challenges
Calif. dealers threaten legal action to block Scout Motors’ direct to consumer sales
ImageCalif. dealers threaten legal action to block Scout Motors’ direct to consumer sales
Carlos Ghosn plugs Nissan Armada, blasts Nissan management for ‘surrendering’ to ‘archrival’ Honda
ImageCarlos Ghosn plugs Nissan Armada, blasts Nissan management for ‘surrendering’ to ‘archrival’ Honda
Honda, Nissan plan to merge with Honda in driver’s seat by summer 2026
ImageHonda, Nissan plan to merge with Honda in driver’s seat by summer 2026