SEC Chairman Gary Gensler says artificial intelligence could spark the next financial crisis

SEC Chairman Gary Gensler says artificial intelligence could spark the next financial crisis

Release date: October 31, 2023 at 3:30 PM ET Securities and Exchange Commission Chairman Gary Gensler has a lot to worry about as he seeks to bring order and fairness to America’s $100 trillion capital markets, and there are few issues that worry him more than the spread of artificial intelligence technology. In an exclusive …

Read more

GGV Capital US backs Arteria AI digital transformation to create financial documents | TechCrunch

GGV Capital US backs Arteria AI digital transformation to create financial documents |  TechCrunch

Image credit: Caley Taylor / Arteria AI, from left, Jonathan Wang, Shelby Austin and Abrar Haque Data makes the world go round, but only if you can get what you need and know how to use it well. Since about 90% of enterprise data is unstructured, and organizations use less than 1% of this data …

Read more

SEC chief warns it’s ‘almost inevitable’ AI will cause financial collapse

SEC chief warns it's 'almost inevitable' AI will cause financial collapse

Artificial intelligence in a nutshell Gary Gensler, chairman of the US Securities and Exchange Commission, has warned that the increased use of artificial intelligence systems will almost certainly crash financial markets at some point in the next decade. Gensler said the current free development of artificial intelligence told the Financial Times that such a collapse …

Read more