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Senate testimony: AI risks to the financial sector
September 21, 2023
ANN ARBOR, Michigan, Sept. 21 -- The University of Michigan issued the following news release:

U-M professor of computer science and engineering identifies new concerns that recent AI advances pose for financial markets

In a world where AI algorithms can already analyze real-time financial information and make high-stakes trading decisions with little or no human oversight, our financial regulations are failing to keep up.

Michael Wellman, the Richard H. Or . . .

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