US Treasury Secretary Janet Yellen and SEC Chair Gary Gensler have expressed concerns about the 'significant risks' associated with the use of artificial intelligence in finance. Yellen warns that while AI can lower transaction costs, it also poses real risks and conflicts in capital markets.
➡️ Warning of risks! Secretary Yellen expresses concerns about the "significant risks" associated with the use of AI in finance. https://t.co/QzzABG03QD
Yellen To Warn of 'Significant Risks' From Use of AI in Finance https://t.co/2fltQKe0Zr
Discover the potential risks of AI in finance as highlighted by Janet Yellen. Gain valuable insights into the concerns surrounding the use of AI in the financial sector. Read more at: https://t.co/YfRed7xzOt
According to CNN, in a speech tomorrow Yellen is expected to share concerns that using artificial intelligence in finance or banking has 'significant risks'. https://t.co/YzQTzEzm5l
Yellen to warn of 'significant risks' from use of AI in finance https://t.co/4sCb6u9hst https://t.co/s44njMUAWR
Check out this insightful blog post on the significant risks posed by AI in finance, as warned by Janet Yellen. Stay informed about the potential impacts of AI on the financial sector. Read more at: https://t.co/YfRed7xzOt
🔵 YELLEN TO WARN OF 'SIGNIFICANT RISKS' FROM USE OF AI IN FINANCE Full Story → https://t.co/aypEsyAWMi U.S. Treasury Secretary Janet Yellen will warn that the use of artificial intelligence in finance could lower transaction costs, but carries "significant risks," according… https://t.co/9XaGqwKAgT
.@SECGov Chair @GaryGensler tells @jimcramer, @davidfaber, & @carlquintanilla that while AI will benefit capital markets, it raises real risks of conflicts. "What if the algorithm is trading against you?" https://t.co/BplNKD0FxB
🤖🇺🇸 Janet Yellen: AI in finance offers big rewards but "significant risks." As AI reshapes Wall Street, it's crucial to steer clear of potential pitfalls according to the US Treasury Secretary. Are we ready for this brave new world of finance? https://t.co/e8ZrJ4BsEC