SEC Chair Gensler Warns of AI's Economic and Physical Threats, Highlights Financial Crisis Risk

Experts and regulators express concerns about the potential economic and physical threats posed by artificial intelligence (AI). They warn that the sophistication of AI technology makes it difficult to forecast its dangers, with SEC Chair Gary Gensler emphasizing the risk of AI triggering a financial crisis within a decade. The SEC's broad definition of 'technology' in new rules is also highlighted as a potential risk, with calls for caution in regulating predictive data analytics to protect investors' interests.