Advanced AI models can ‘destroy the financial system,’ IMF boss warns

Politico Europe: Georgieva said frontier AI models can be used positively to identify “cybersecurity vulnerabilities with speed and scale that was unthinkable until now,” which could be used to “patch these vulnerabilities and protect the financial system from attacks.”

“But in the wrong hands, that same capacity can be used to destroy the financial system and this is something that puts us in a position of catching up,” she added…

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