Gary Gensler, the chair of the Securities and Exchange Commission (SEC), said that a centralized artificial-intelligence (AI) market that relies on only a few models could lead to a weak financial system. Gensler said that he expected AI to move towards centralization ,… during a virtual fireside discussion hosted by Public Citizen.
A centralized artificial intelligence ( AI ) market with few models that financial actors rely on could result in a precarious financial system, according to Gary Gensler, chair of the Securities and Exchange Commission ( SEC ), on Wednesday. In a digital fireside chat hosted by Public Citizen, Gensler stated that he anticipates AI to move toward centralization. Gary Gensler, chair of the Securities and Exchange Commission ( SEC ), stated on Wednesday that a centralized artificial intelligence ( AI ) market with few models that financial actors rely on could result in an unstable financial system. Speaking in a simulated fireside chat hosted by Public Citizen, Gensler stated that he anticipates Artificial to move toward centralization.
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), said that a centralized artificial-intelligence (AI) market that relies on only a few models could lead to a weak financial system. Gensler said that he expected AI to move towards centralization ,… during a virtual fireside discussion hosted by Public Citizen.
