‘Powerful': Economist urges caution amid fears AI will pose threat to economy
Economist and author James Rickards comments on the impact of artificial intelligence on capital markets.
'AI is extremely powerful, it's everywhere,' Mr Rickards told Sky News host Ed Boyd.
'I'm warning that, yeah, AI is powerful and it can do a lot of good, but there are also very, very significant dangers which are being overlooked … how it could cause a stock market crash, how it could cause a run on the bank.
'AI can accelerate them, make them more likely.'
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