No Paper Title Author Name Page No

Enhanced 
Security 
Protocols
Implementing robust 
cybersecurity measures will 
protect privacy and data. 
Implementing strict ethical and 
security standards will ensure 
responsible and secure AI deployment. 
Ethical 
Guidelines
Creating and adhering to ethical 
guidelines will ensure fair and 
responsible AI use. 
Invest in training programs focused on 
ethics and regulation 
Source: Developed by the author 
The analysis presents a clear distinction between the challenges faced by developing and 
underdeveloped countries in the adoption of AI in the financial sector. With distinct problems 
come tailored solutions, as illustrated in the tables. The complexity of the situation requires a 
multi-faceted approach that takes into consideration not only technological but also socio-
economic, political, and cultural factors. The integration of AI in the financial sector is not just a 
technological challenge but a holistic development task that can drive broader economic growth 
and societal advancement if approached with nuance and collaboration. 
UZBEKISTAN’S ROAD TO AI IN FINANCE: CHALLENGES AND LIMITATIONS 
Uzbekistan’s path toward integrating artificial intelligence (AI) into the financial sector has been 
marked by several challenges and complexities. The process has revealed certain shortcomings 
that require careful consideration and strategic intervention. From technological infrastructure 

---

44
A
MERICAN Journal of Public Diplomacy and International Studies
www.
 grnjournal.us 
 
limitations to regulatory ambiguities, the path towards a fully AI-enabled financial landscape has 
been fraught with obstacles. Further constraints related to talent development, data privacy, 
capital access, and financial inclusion have added to the complexity of this transition. These 
shortcomings are not merely technical but are interwoven with the socioeconomic fabric of the 
country, reflecting a multifaceted challenge that must be met with a comprehensive and nuanced 
approach. The experience of Uzbekistan thus presents a valuable case study in the global pursuit 
of leveraging AI for financial innovation, demonstrating both the promise and the hurdles that 
must be overcome. 
During the process of integrating artificial intelligence (AI) into the financial field, Uzbekistan 
encounters several shortcomings that present challenges and demand strategic attention: