U.S. Securities and Exchange Commission Chair Gary Gensler. Photo by Diego M. Radzinschi/ALM SEC Chair Gensler Warns About Centralization of AI in Financial Sector
"This is a new tool for bad actors to do bad things to the American public," Gary Gensler said.
February 13, 2024 at 04:18 PM
3 minute read
The financial sector's reliance on just one or two dominant artificial intelligence models could lead to the centralization of the technology and financial instability, U.S. Securities and Exchange Commission Chair Gary Gensler warned Tuesday.
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