Get the latest tech news

ECB’s Lagarde says AI could trigger financial crises and calls for Cold War-style non-proliferation governance - The ECB president said 109 banks have been stress-tested for AI-powered cyberattacks and that she will write to CEOs demanding serious investment in resilience


Lagarde warned that financial crises, not technology, are what destroy jobs and savings. She wants AI governance modelled on nuclear non-proliferation treaties.

None

Get the Android app

Or read this on r/technology

Read more on:

Photo of calls

calls

Photo of banks

banks

Photo of Style

Style

Related news:

News photo

The Cold War's Accidental Whale Observatory

News photo

Kalshi denies Banks and Ireland Indiana probe amid insider trading scrutiny

News photo

Alibaba's Tsai, zu Furstenberg Discuss AI Investment