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Cryptopolitan 2023-07-18 06:31:17

SEC Chair Raises Alarm over AI’s Threat to Financial Stability

On Monday, Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), raised a red flag, cautioning that artificial intelligence (AI) poses a big risk to global financial stability. He emphasized that the rapid proliferation of AI’s threat could necessitate substantial revisions to existing regulations to ensure the continued integrity of the global financial ... Read more

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