introduction

Part 1: The Mechanism of the Prediction Revolution

Chapter 1.
Zero prediction cost
The Alchemist of Steel, 1856
A New Era of Prediction: The AI ​​Revolution
Understanding AI as a General Purpose Technology (GPT)
The cost of prediction is reduced
The emergence of new questions

Chapter 2.
Complementary goods revolution
Complements and substitutes
Data: The Oil of the New Age
Human Judgment: The Power to Transform Prediction into Wisdom
Execution: The ability to turn predictions into value.
The Fall and Resurgence of Substitutes: Adapt or Die
New power map

Part 2: The Forecasting Revolution and Finance

Chapter 3.
Asset Management: From Guru Intuition to Algorithms
The Age of Star Systems
New possibilities discovered by machines
Model Factory Era
The asset management sector being reorganized by complementary products
Realistic Barriers and Resolution Strategies
From personal intuition to the realm of systems

Chapter 4.
Retail Finance: From Face-to-Face to Data
The Battle of Midway: Why Big Banks Are Being Overtaken by Fintech
Twilight of the Empire: The End of an Era of Solstice and Relationships
The era of popularized personalization
Evolution of the System: Unified Combat Platform
Conditions for a successful transition

Chapter 5.
Insurance: From Post-Injury Compensation to Pre-Injury Prevention
Laws of Large Numbers and Postprocessing
Real-time risk management
Preventive Services Ecosystem
Restructuring of the insurance industry
The Coming Transition and Realistic Barriers

Chapter 6.
Corporate Finance and Investment Banking: Their Relationship in the AI ​​Era
Investment banking's unique ecosystem
The predictable and the impossible
The Balance of the Future: Changing Roles and New Challenges
Hadid's Lessons and an Open Future

Part 3: The World of a New Order

Chapter 7.
The law that separates success and failure
Limitations of Existing Success Theories: Incomplete Explanatory Power
A New Analysis Framework: The Internal-External Quadrant Matrix
Journey to the Golden Zone

Chapter 8.
New power map
The Hidden Engine of Power Restructuring
The future that mechanisms will create
The cracks and side effects created by the realignment of power
New Exploration

Chapter 9.
At the crossroads of choice
Change vs.
Development
Changes, not progress
Progress is a choice
What choice should I make?
A journey that will never end

Conclusion

Appendix: AI Innovation in the Auditing Industry
The Speciality of the Audit Business and the Paradox of AI
Realistic conclusion
The Dilemma of Public Goods Innovation and the Value of Judgment

References

In an era where AI is changing the rules of business, the difference in perspective that penetrates the essence of change will determine victory or defeat.
"AI and the Future of Finance" is a unique strategy book that offers readers a new framework for thinking, explaining the changes triggered by AI through economic principles and humanistic insights, rather than focusing on the dazzling power of the technology itself.

This book defines the core of the AI ​​revolution as the reduction in the cost of prediction, clearly demonstrating that this is shifting wealth and power to those who possess three complementary resources: data, human judgment, and execution systems.
This powerful framework will provide readers with a new lens through which to view scattered AI-related knowledge with unified insights.

The book vividly illustrates how this law separates winners and losers across all fronts of finance, including asset management, retail banking, insurance, and investment banking. It also provides practical tools that readers can use immediately to develop practical strategies tailored to their own organizations.
Furthermore, it explores the social divides and ethical dilemmas that technological advancements can create, offering profound insights into how to achieve sustainable leadership beyond mere success.

Professor Na Hyun-jong of Hanyang University, drawing on the rigor of academia and the sharpness of the investment field, offers clear and realistic answers to all leaders and strategists concerned about survival and growth in the AI ​​era.
Will you lead change or be pushed aside by it? At that crossroads, this book will be the wisest investment you can make.