Washington. In a speech set to rattle the finance world, Treasury Secretary Janet Yellen is expected to deliver a stark warning to bankers and tech titans on Thursday about the double-edged sword of artificial intelligence when deployed in financial services. According to advance excerpts obtained by CNN, Yellen plans to tell attendees at a high-profile financial stability conference that while AI offers “tremendous opportunities” to…
Yellen Sounds Alarm on AI Risks to Financial System
US Treasury Chief Warns of “Tremendous Opportunities” and “Significant Risks” of AI Adoption.
