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SEC's Gensler Warns Of Potential AI-Driven Financial Crisis

By Jessica Corso (September 13, 2023, 9:31 PM EDT) -- U.S. Securities and Exchange Commission Chair Gary Gensler said Wednesday that U.S. and international regulators should be concerned about the "somewhat inevitable" possibility of consolidation in the artificial intelligence space, which he warned could lead to fragility in the financial markets and possibly even spur a financial crisis....

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