rity Standard (PCI DSS) being held effective in such events. Its limitations are in its ability to oppose frauds calls when there are unique changes in human behaviour; thus, the use of Artificial Intelligence in banking services can be used to counter unauthorised credit or debit cards. By its nature, artificial intelligence can help manage financial institutions overnight by monitoring any behavioural patterns, identifying anomalies and recording any atypical changes in the systems’ functions. Furthermore, Artificial Intelligence spans wides in its use due to its ability of counterfactual thinking, analysing the past or historical events and making potential deductions as responses to such. This would then decrease the possibility of such intolerable events to occur again, simultaneously increasing consumers’ confidence in the economy. While it is undeniable that there are potential limitations to AI’s uses, it is currently the best viable approach to invigilating the degrading spread of fake news, preventing our economy from falling into a greater recession that the previous ones and highlighting abnormal behaviour during banking frauds by churning out warning methods to our global economy.

Rationality has not been alive for some time, at least within the lifespan of humanity; its last presence once came and left when Homo Economicus once lived. Humans have never conceived absolute rational behaviours, such theoretical ideas to model their demands would then require a priori quantitative economic model – using the concept of Artificial Intelligence to solve problems within the next 20 years would then need to make an initial assumption of ceteris paribus. Perhaps, it is irrationality and emotions that lead to majority of the economists to believe that markets are prominent reflections of both groups and individuals’ rationality as they perform transactions based on their ability and willingness to, thus creating incompetent frameworks such as perfect competition, even when it is known that many social events are pervaded by inherent indeterminacy. Our humanity’s tragic flaw is its inability to recognise that such non-radical and irrational assumptions are simply what led to the advent of Economics’ neoliberalism and the global financial crisis in 2008; so, perhaps, Artificial Intelligence can help economists to more accurately light an inc