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

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 77%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines