Wall Street Giant Warns AI Agents Could Trigger a New Kind of Bank Run

Share

Apollo, a major U.S. asset manager, warns that AI agents could trigger a new kind of bank run. These autonomous software programs, like Meta Muse, can automatically move funds from low-yield bank accounts at 0.1% to products offering 5% returns. This massive and coordinated movement of money toward higher-yielding investments could destabilize traditional banking institutions. The threat lies in the speed and autonomy of these agents, which require no human intervention to act.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items