Gary Gensler says it’s “nearly unavoidable” that AI will cause a financial crisis if many institutions rely on the same underlying base model or data aggregator (Financial Times)
Financial Times: Gary Gensler says it’s “nearly unavoidable” that AI will cause a financial crisis if many institutions rely on the same underlying base model or data aggregator — SEC head warns reliance on a few data models could unleash a financial crisis within a decade
Read More