US Treasury: AI brings huge opportunities, risks to financial stability
Secretary of the Treasury Janet Yellen says AI will only become more important in the years to come.
The United States Treasury is preparing for a whipsaw of risk and opportunity from the artificial intelligence (AI) sector in the years to come.
This was the theme as U.S. Treasury Secretary Janet Yellen gave the keynote speech at the Conference on artificial intelligence and financial stability. The event was hosted by the U.S. Financial Stability Oversight Council (FSOC) in partnership with the Brookings Institution on June 6-7.
According to FSOC, this is the first time in a decade that the council has hosted an event of this nature.
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Author: Tristan Greene
