CNN —
Treasury Secretary Janet Yellen is expected to warn bankers and tech executives on Thursday that while artificial intelligence could open the door to vast rewards for the financial system, the technology also threatens to introduce new dangers, according to speech excerpts shared first with CNN.
Yellen’s speech at a conference on financial stability represents her most extensive remarks to date on AI.
It comes as investors scramble to get a piece of the AI boom, tech giants embark on an AI arms race and regulators worry about what could go wrong.
“The tremendous opportunities and
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