The Stock Exchange of Thailand is leveraging AI to enhance its oversight functions, aiming to bolster investor confidence.

While AI can significantly accelerate anomaly detection, handling over 300 daily news reports on potential fraud, it addresses symptoms rather than the root issues like regulatory capture and inadequate corporate governance.

AI's speed in identifying potential misconduct is beneficial, but it risks simplifying complex financial behaviors and ignoring cultural, social, or political subtleties affecting market dynamics.

Historically, technology has driven broader reforms, as seen in the transformation of global trading through digital platforms.

However, relying solely on algorithms could limit critical judgment and exacerbate problems, akin to past algorithmic trading-induced market crashes.

Viewing AI as a tool to assist rather than replace human decision-making allows for streamlined operations, freeing experts to focus on nuanced oversight and investor relations.

With Mr. Asadej's initiatives for consultation and better company communications, AI may integrate into a broader strategy enhancing transparency and corporate performance, crucial for rebuilding trust.

A collaborative approach, including expanded trading options such as bonds and carbon credits, could rejuvenate the market and address current shortcomings.

As Warren Buffett warns, building a reputation takes time, emphasizing the need for a balance between technology and cultivating a culture of integrity for the Stock Exchange of Thailand's sustainable success.