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Milken Institute53 min

The Future of Finance

Izabella Kaminska, Geoffrey Duncombe, Antony Jenkins, Brian Oliver, Omar Selim, Anthony Todd

Conference Presentation, Panel

Panelists including Omar Selin, Anthony Todd, and Jeffrey Duncan forecast a radical restructuring of the financial sector driven by artificial intelligence, distributed ledger technology, and a shift toward ESG-integrated investing. This technological convergence is predicted to eliminate traditional intermediaries and contract the workforce by fifty percent while generating alpha through machine learning models that correlate non-financial data with market performance. Despite these efficiency gains, experts warn of systemic risks such as algorithmic overfitting, liquidity mismatches in ETFs, and societal stratification caused by automated credit scoring.