SEC Chair Warns AI "Herding" Could Drive Markets "Off an Inadvertent Cliff"

Large Lemming Models Last month, chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler warned that it's "nearly unavoidable" that AI will lead to financial economic crisis. Now, in an interview with The Messenger, Gensler has reiterated those fears, believing that AI's growing role in the financial sector could create a "herding effect" […]

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