Gillian Tett: Letting AI loose on finance opens a Pandora’s box

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Gillian Tett: Letting AI loose on finance opens a Pandora’s box via IrishTimesBiz

...relying on AI can sometimes misfire, partly because its data set is limited and imbalanced

co-written by Lily Bailey and Gary Gensler, chair of the Securities and Exchange Commission, back in 2020, while he was an academic at MIT. ...if a bug emerges in that base, it could poison the entire system. And even without this danger, monocultures tend to create digital herding, or computers all acting alike

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