AI pentagon As artificial intelligence (AI) becomes more commonly used, it is making inroads in the financial industry, where it is potentially possible that over-dependence on the technology will cause the next major financial crisis. Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), said in a recent interview with the Financial Times that measures must be taken to regulate the use of AI in the financial sector so that potential dangers may be circumvented. If this is not done, he says a financial crisis due to the use of AI may be almost impossible to avoid.
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