How the financial authorities can respond to AI threats to financial stability. Jon Danielsson. Modelsandrisk.org

How the financial authorities can respond to AI threats to financial stability

July 28, 2024
Artificial intelligence can act to either stabilise the financial system or to increase the frequency and severity of financial crises. This second column in a two-part series argues that the way things turn out may depend on how the financial authorities choose to engage with AI. The authorities are at a considerable disadvantage because private-sector financial institutions have access to expertise

Published on VoxEU.org

AI financial crises
Blame the models

Models and risk
Bloggs and appendices on artificial intelligence, financial crises, systemic risk, financial risk, models, regulations, financial policy, cryptocurrencies and related topics
© All rights reserved, Jon Danielsson,