SEC Chairman Gary Gensler expresses concern over AI-driven financial risks
As technological advancements continue to propel industries forward, Gary Gensler, Chairman of the United States Securities and Exchange Commission (SEC), recently voiced concerns about the potential financial risks associated with the rise of Artificial Intelligence (AI). Specifically, Gensler is urging regulators to adopt proactive measures to safeguard the financial ecosystem from potential AI-induced instabilities. The…