Gizmodo
Shifting AI Doomsday Predictions Reportedly Worry Banking Regulators
European regulators are expecting AI-driven financial chaos sooner than later.
Via Gizmodo
·Excerpt
Top financial regulators, including the Federal Reserve, are worried about American banks’ use of artificial intelligence, according to a new, anonymously-sourced report published by Reuters on Monday.
Citing “six people familiar with the matter,” Reuters reports that top banking regulators in the United States fear the increasing risks of cyberattacks, rogue AI agents, and the deployment of Chinese AI technology in the American banking system. The three regulators—the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation…
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