Public Financial Management and Artificial Intelligence

Artificial Intelligence (AI) adoption has accelerated with the availability of more effective trained Large Language Models (LLM), such as ChatGPT.

There are a large number of applications for AI within public financial management (PFM) but there are also complications associated with using it, including biases, change resistance and employee skills levels.

How can governments utilize the positive elements of AI, so that it augments the work of public officials while reducing bias? The FreeBalance Government Resource Planning and Public Value Realization advisory services can help.

Find out more in this Minister Brief.

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