AI and the Insolvency Profession: The State of Play

Loading...
Thumbnail Image
File version

Version of Record (VoR)

Author(s)
Dickfos, Jennifer
Griffith University Author(s)
Primary Supervisor
Other Supervisors
Editor(s)
Date
2018
Size
File type(s)
Location
License
Abstract

Artificial intelligence (AI) is defined as the ability of a digital computer or robot to perform tasks normally requiring human intelligence such as logical deduction, learning or creativity. This article considers how the insolvency profession is currently being, and may in the future be, impacted by AI, what measures can be adopted to benefit from such digital disruption and what progress has been made towards a digital insolvency practice. In measuring such progress, this article reports the results of an online national survey of registered bankruptcy trustees and registered liquidators within Australia, conducted over July 2017 to February 2018. The aim of the survey was to investigate the risks and opportunities of technology-driven automation and innovation within insolvency. The article concludes with a discussion of the need for collaboration between key stakeholders within and outside of the insolvency profession to accelerate progress towards a digital insolvency practice.

Journal Title

Insolvency Law Journal

Conference Title
Book Title
Edition
Volume

26

Issue

4

Thesis Type
Degree Program
School
DOI
Patent number
Funder(s)
Grant identifier(s)
Rights Statement
Rights Statement

© 2019 Thomson Reuters. This article was first published by Thomson Reuters in the Insolvency Law Journal and should be cited as Vol. 24, Iss. 4, pp. 172-190. For all subscription inquiries please phone, from Australia: 1300 304 195, from Overseas: +61 2 8587 7980 or online at legal.thomsonreuters.com.au/search. The official PDF version of this article can also be purchased separately from Thomson Reuters at http://sites.thomsonreuters.com.au/journals/subscribe-or-purchase.

Item Access Status
Note
Access the data
Related item(s)
Subject

Commercial law not elsewhere classified

Persistent link to this record
Citation

Dickfos, J, AI and the Insolvency Profession: The State of Play, Insolvency Law Journal, 2019, 26 (4), pp. 172-190

Collections