AI will be transformational, but it could also trigger a future financial crisis by promoting herd mentality, SEC chief says

AI will be transformational, but it could also trigger a future financial crisis by promoting herd mentality, SEC chief says

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None AI will be transformational but it also could trigger future mayhem in financial markets, SEC's Gary Gensler said. • None That's because the technology could encourage "herding" among investors where they all make similar decisions. • None Gensler is among leading voices who have flagged the…

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