Pulse of Truth

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European banking watchdogs ECB and ESRB warn that frontier AI models pose "systemic risks to the financial system", giving lenders four months to prepare (Financial Times) (www.techmeme.com)

submitted 2 months ago by lemmydev2@infosec.pub [B] to c/pulse_of_truth@infosec.pub

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Financial Times: European banking watchdogs ECB and ESRB warn that frontier AI models pose “systemic risks to the financial system”, giving lenders four months to prepare — IT weaknesses could be exploited by frontier models in a ‘matter of minutes or hours’, say ECB and ESRB

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[–] lucywillard@beehaw.org 1 point 2 months ago* (last edited 1 month ago)

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