Big banks warn that AI agents could lead to uptick in scams
Agentic AI assistants could lose users' money to scams and fraud. Now, big banks are calling for proactive solutions.
Via Mashable

While AI true believers worry about doom-and-gloom scenarios of AI destroying the world, some major financial institutions are sounding the alarm over a more grounded AI-related concern: scams.On Tuesday, a consortium of big global banks put out a "principles paper" detailing their apprehensions regarding AI assistants as it relates to commerce. It also details principles that they would like to see followed as AI companies develop and continue to work on the technology.Namely, the banks are concerned that AI agents empowered to act…
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