Worth watching. As the Chair of the SEC Gary Gensler starts a debate with corporate America on AI.

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Worth watching. As the Chair of the SEC Gary Gensler starts a debate with corporate America on AI. In a 3 minute video ‘Office Hours with Gary Gensler’, he discusses the systemic risk that AI could pose to financial markets as they develop AI platforms; as AI and cloud providers align and dominance is afford to a few upstream Generative AI models. Possibly creating challenges to future financial stability.

In a soft response, Mr Gensler starts the debate on protecting capital markets from the effects of AI and the dominance of a few AI platforms, being used by financial entities across capital markets.

https://lnkd.in/eYWGy-Zs

Faisal Khan there is little doubt that Generative AI provides many advantages, but love him or hate him, Mr Gensler makes a very valid point. Based on human history, we should consider today how we develop AI for its uses tomorrow, as we already see the roots of AI decision making. Decision making that boards will increasingly rely upon and boards should consider

@Thaddeus Dziekanowski Brian D. McCarthy

Veritas GRC Senebria

#cybersecurity #cyberriskmanagement #ai

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