AI's Double Edged Sword: Cyber Risk and Financial Stability The warning from Andrew Bailey, Chair of the Financial Stability Board (FSB), about the dangers of artificial intelligence on global financial stability has left many in the industry perplexed.
As a keen observer of the tech world, I see this as more than just another regulatory hurdle – it's a reflection of the profound and often unsettling changes AI is bringing to our daily lives.
The FSB's concerns about accelerated cyber vulnerability discovery are well founded.