Treasury publishes report on dangers of AI in monetary sector

A brand new report from the U.S. Division of the Treasury identifies potential alternatives and dangers for synthetic intelligence (AI) on the safety and resiliency of the monetary companies sector.  The report covers a number of methods to handle AI associated modifications, together with:

• Shut the hole for in-house AI use and fraud knowledge between massive and small establishments;

• Tackle “regulatory fragmentation” for AI;

• Broaden the Nationwide Institute of Requirements and Expertise AI danger administration framework;

• Create greatest practices for knowledge provide chain mapping;

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