US Treasury Secretary Yellen and US regulators have expressed concerns about the growing risks that artificial intelligence (AI) poses to financial stability. This comes as the Financial Stability Council flags AI risks and urges vigilance from companies and regulators. The SEC head also warns of the near-certainty of AI causing a financial crash, marking the first time US regulators have highlighted AI as a risk to the financial system.
SEC Head Says It's a Near-Certainty That AI Will Cause a Financial Crash https://t.co/F9CUo01tB0
AI presents growing risk to financial markets, US regulator warns https://t.co/LXTGOM12vf
Financial Times @ft: AI Update: EU AI Regulation, AI Threatening The Economy, A Safer Way For AI Research. #MachineLearning #AI #aiforgood https://t.co/a7vUS9oeAG
AI Acknowledged as a Potential Threat to Financial Stability in Government Report #accuracy #AI #AIgovernance #AIgeneratedmisinformation #artificialintelligence #bankfailure #Bias #climatechange #commercialrealestate #cryptocurrencies #Cybersecurity https://t.co/AistNjniJS https://t.co/RdIcSCV9Em
AI is a danger to the financial system, regulators warn for the first time #DisruptiveTech https://t.co/nuKjXOFgUc
Janet Yellen is worried about AI’s potential threat to U.S. financial stability and says federal watchdogs should make averting danger a top priority https://t.co/BxCNQZ8ha1
Financial Times @ft: US highlights AI as risk to financial system for first time - Al Jazeera. #industry40 #aiact #GenAI https://t.co/BY9ep3O7Uc
Financial Stability Council flags AI risks and urges vigilance from companies and regulators. https://t.co/4TEfHh8wgB
US regulators add artificial intelligence to potential financial system risks https://t.co/dLUWNQXcAJ https://t.co/aXtf3u58iV
Financial Times @ft: AI presents growing risk to financial markets, US regulator warns. #AI #ArtificialIntelligence #aiact https://t.co/l0WesUjQj6
AI presents growing risk to financial markets, US regulator warns https://t.co/8d9WvcvChv
AI presents growing risk to financial markets, US regulator warns https://t.co/S2h3DyA5kn
🔴 US TREASURY SECRETARY YELLEN: THE US WILL EXAMINE AI’S RISKS TO FINANCIAL STABILITY.