[Nobel Laureate James J. Heckman: AI Can Facilitate Cross-Border Transactions, But Use Cases Need to be Carefully Defined] According to Jinse Finance, on November 8th, the 9th Hongqiao International Economic Forum's sub-forum on "Cross-Border Financial Services to Support Enterprise Globalization" was held at the National Exhibition and Convention Center (Shanghai). James J. Heckman, the 2000 Nobel laureate in economics, stated at the forum 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 across the entire process, but it also creates opportunities for forgery and fraud, and therefore should not be blindly applied to all types of financial transactions.