How Generative AI Agents Could Threaten Financial Stability

05/11/2024 37 min Temporada 5 Episodio 35
How Generative AI Agents Could Threaten Financial Stability

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Episode Synopsis

The rise of generative AI agents have promised consumers a better, safer future. But what happens if those agents act in ways that destabilize the system, causing bank runs or better enable bad actors to commit fraud or hack financial institutions? Todd Phillips, assistant professor at Georgia State University's Robinson College of Business, talks about his new paper looking into how AI could wreak havoc on the financial system.