Teppo Felin

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SSRN

@ssrn.bsky.social

Check out the latest from the SSRN #blog which includes the top downloaded papers on #AI in #Finance for Q2 of 2025.

Read more: http://spkl.io/63324A8T4a

#FInanceSky #AICommunity

Top Papers on AI in Finance

This list includes the top downloaded papers on AI in Finance posted in Q1 2025. It also includes the Top 5 Organizations that downloaded the research during this period.

spkl.io

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Reposted by Teppo Felin

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Sad to be leaving the Huntsman School and Logan. We've absolutely loved it here: students, colleagues, location, etc. But thankfully will continue with an affiliation, which is fantastic.

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by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

I started a new job today: I'll be the Ion Foundation Endowed Prof at the University of Utah - also Co-Director of the Ion Management Science Lab with Todd Zenger. Very excited to work with Todd and brilliant colleagues.

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Reposted by Teppo Felin

koenfucius

@koenfucius.bsky.social

LLMs are good at predicting—does that scale to decision making?

No, argue Sako & Felin, they cannot envision possibilities beyond existing data, generate new hypotheses or run experiments to get new data—essential for general real-world decisions:

buff.ly/dTxZw3Q

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Reposted by Teppo Felin

Luiza Jarovsky, PhD

@luizajarovsky.bsky.social

Super important paper on the limits of AI in decision-making, especially as the "AI first" trend escalates and we try to understand cases where AI should NOT be used.

Key takeaways from the paper:

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Reposted by Teppo Felin

SSRN

@ssrn.bsky.social

Does #AI Prediction Scale to #DecisionMaking?

The authors argue that there are fundamental limits to AI’s predictive paradigm.

Authors: Mari Sako & Teppo Felin

Read More: http://spkl.io/63325fAN9T

Abstract image of a brain with line and dots representing artificial intelligence.

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by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Some call it neutral. I call it...actor-specific.

3

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

When should you use AI, and when not?

This paper—with Mari Sako and @jessicahullman.bsky.social—provides some criteria: papers.ssrn.com/sol3/papers....

Comments on the paper are definitely welcome. Just DM me/us.

Artificial Intelligence and Actor-Specific Decisions

Artificial intelligence (AI) is increasingly seen as potentially replacing humans in decision making and problem solving across numerous domains. We argue that

papers.ssrn.com

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by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Congrats to our daughter Dr Emma Felin! She just successfully defended her doctoral thesis @ox.ac.uk

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Reposted by Teppo Felin

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

11 years later, I still think the frame problem is a knock down argument against AI (when it comes to novelty)

See this 2014 piece with Stuart Kauffman et al: drive.google.com/file/d/1yrID...

1

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

This time with Michael. (Though results vary.)

1

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Yes, results vary depending on the LLM.

1

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Thought that problem might have been patched by now...Though that type of patching is going to turn into a game of whack-a-mole given the underlying issue here.

Anyways, that's one of the examples we work through in the short ACM piece: cacm.acm.org/opinion/does...

Does AI Prediction Scale to Decision Making? – Communications of the ACM

cacm.acm.org

2

by Teppo Felin

Teppo Felin

@teppofelin.bsky.social

Ask your ChatGPT this question:

"Alice has 4 brothers and 1 sister. How many sisters does Alice’s brother have?"

I did - just now. See below. These types of problems provide a window into key issues with AI.