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Market Cap:
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Cryptocurrencies: 2821
Bitcoin Bitcoin Share: 58.31%
Markets: 88129
Cryptopolitan
2024-01-18 04:41:29

SEC’s Gary Gensler Raises Alarm on Financial Stability Due to AI Monoculture

SEC’s Gary Gensler Raises Alarm on Financial Stability Due to AI Monoculture

In a virtual fireside chat hosted by Public Citizen on January 17, Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), shifted his focus from the cryptocurrency industry to issue a stark warning about the risks associated with the rise of artificial intelligence (AI) in the financial sector. Gensler expressed concerns over the

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