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Gensler Warns AI 'Monoculture' May Weaken Financial System

By Sarah Jarvis ( January 17, 2024, 7:50 PM EST) -- U. S. Securities and Exchange Commission Chair Gary Gensler warned Wednesday that artificial intelligence poses the risk of making the financial system more fragile, predicting that a handful of entities will inevitably come to dominate the space. . . .

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