Artificial inteligence for inclusion: a public BRICS financial AI platform

Abstract

The paper is a result of a comprehensive and systematic approach to reviewing the growing opportunities for BRICS countries in introducing artificial intelligence into a mutual financial platform. The subject of the study is the AI as a factor of BRICS cooperation and its growth in finance. The purpose of the study is to identify measures that stimulate the introduction of AI into a shared public financial infrastructure platform by implementing the methodological combination of structured and reproducible guidelines, incorporating elements of the PRISMA method in particular. The task of the research team is to search for scientific answers to the urgent questions of current artificial intelligence inequality between nations and to come to the conclusion that BRICS nations should develop and implement a shared public AI platform to enhance accessibility to general and specialized information as well as equity for marginalised communities in all member countries. It is pointed out that such AI platform have to be organized in a way that enshrines principles of data sovereignty. Mechanisms and international AI strategies for meeting the challenges are introduced. The developed proposal is unique. Other initiatives have not yet received adequate justification. The project of such a scale demands not only funding, but also dedicated professionals as well as open-source software development instruments. These issues represent promising areas for further research.