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SEC Head Fear AI Could Cause a Financial Crash

The Delicate Webs We Weave Looks like SEC Chair Gary Gensler has been harboring some serious — as in, destroy-the-economy-level serious — AI apprehensions for some time now. As Axios reports, back in 2020, Gensler — still a professor at MIT at the time — penned a paper arguing that embedding an array of too-similar […] ....

United States , New York , Gary Gensler , Lily Bailey , New York Times , Wall Street , Financial Systems , Lily Bailey , Financial System ,

AI chatbots can manipulate and crash the stock market irreparably, says a worried US SEC

AI chatbots can manipulate and crash the stock market irreparably, says a worried US SEC
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Lily Bailey , Gary Gensler , Exchange Commission , Silicon Valley Bank , National Press Club On , National Press Club , Silicon Valley ,

The SEC Is Concerned That Chatbots Could Cause Market Panic » WhatsNew2Day

The US Securities and Exchange Commission (SEC) has raised concerns about the impact of generative AI on financial markets. ....

Lily Bailey , Gary Gensler , Silicon Valley Bank , National Press Club On , Exchange Commission , National Press Club , Silicon Valley ,