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Fed: AI risk is the biggest threat to financial system stability
๐Ÿ“ˆ Business

Fed: AI risk is the biggest threat to financial system stability

According to a new report from the US Federal Reserve, risks from artificial intelligence have been identified by surveyed market participants as the greatest threat to financial system stability. The report comes as Wall Street sees rapid gains in valuations of AI sector companies, while local communities raise alarms over the swift expansion of data centers.

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