[Nobel Prize winner James Heckman: AI can promote cross-border transactions, but use scenarios need to be carefully defined] On November 8, the 9th Hongqiao International Economic Forum "Cross-border Financial Services Helps Enterprises Globalize Development" sub-forum was held at the National Convention and Exhibition Center (Shanghai). James J. Heckman, winner of the 2000 Nobel Prize in Economics, said at the meeting that while AI facilitates transactions, it also brings risks, and the regulatory framework needs to be more transparent and synchronized. AI can improve transaction efficiency and reduce costs throughout the entire process, but it also brings room for forgery and fraud and cannot be blindly applied to various financial transactions.