I'm researching artificial intelligence applied to financial decisions. I want to focus in small businesses that often have limited financial resources to create a private AI solution. I'm looking for free tools that already exist and can be combined or modelled "on-demand" to attend general tasks as: decide what kind of line of credit should the business take; what is the recommended investment to be made etc.
I could recommend to use DecisionMentor mobile app, which is integrated with AI.
DecisionMentor is Multiple Criteria Decision Analysis (MCDA) tool, addresses example question mentioned. The tool is appropriate to Small Business !
One can model her/himself as per the decision problem.
Please try DecisionMentor available at https://www.decisionmentor.app/
It is free for limited features, now it may offer you more features as early bird user.
Please try and give feedback on your experience.
There are several tools that can be used to create a framework of AI applied to finance decisions. Here are some of the main ones:
These are just a few examples of the tools that can be used to create a framework of AI applied to finance decisions. The specific tools used will depend on the specific application and the type of data being analyzed.
If you're looking into using AI to help small businesses with their financial decisions, there are some great free tools available. Python is a widely used programming language that has open-source libraries for financial modeling, while TensorFlow and Keras provide machine learning and predictive modeling capabilities. H2O.ai and RapidMiner offer pre-built templates for financial analysis and decision-making. But, as with any AI solution, it's important to have the necessary expertise and resources to make it effective. So, if you're not an AI expert yourself, consider partnering with a data scientist or AI specialist to ensure your solution is top-notch.
Si está interesado hacer eco de la IA para la toma de decisiones en el campo organizacional - empresarial, considero muy relevante hacer uso de la ciencia de datos; esto mismo llevará a una gestión por resultados.
The main tools for creating an artificial intelligence framework that is applied in financial decision-making are diverse. Some of these tools include:
1. Machine learning algorithms: These algorithms enable machines and computers to identify patterns and provide predictions for future financial conditions by analyzing financial data.
2. Artificial neural networks: These networks allow computers to identify patterns and provide predictions for future financial conditions by analyzing financial data.
3. Big data analytics: This tool is used for collecting, storing, analyzing, and displaying large amounts of data. Financial information can be used for analysis and prediction using this tool.
4. Decision-making systems: These systems are used for decision-making regarding investment, risk management, allocation of financial resources, and financial management.
5. Financial robots: Financial robots are used for automating financial processes and decision-making. These robots can be used for collecting and analyzing financial data, making decisions regarding investment, risk management, and allocation of financial resources.
These artificial intelligence tools are used in financial decision-making to improve efficiency and accuracy of decision-making and predict future financial conditions.
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