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 …

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