Bowman: Artificial Intelligence in the Financial System | Metals Mine

  • Bowman: Artificial Intelligence in the Financial System

    From federalreserve.gov

    Good morning, it is a pleasure to join you today to discuss artificial intelligence (AI), and the critical role it plays in cybersecurity and risk management. This event is one of a series of roundtables convened by the Financial Stability Oversight Council (FSOC) to discuss AI, bringing together public and private participants to engage in discussion and share perspectives. Previous discussions about the use of AI tools have debated their risks and benefits. Today, we are facing the rapid evolution of AI tools much earlier than many expected, and the risks and benefits are now more tangible and clear. Anthropic's ... (full story)

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ffghost
May 1, 2026 1:32pm
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Bowman talks about AI and the AI running market liquidity starts to say "oh yeah, well, watch this....."

It's going to be a wild world when AI is fully running markets autonomously. Not today. Not tomorrow. Not a year from now....but if AI is all "they" say it is, how could it NOT be the only game in town a couple of decades from now? And, at that point, what would define "market integrity"? Interesting things to think about.

Gonna need some of those nanites from I Robot. Wait. What? Those aren't "real" you say? Damnit! Okay, well, I guess we're all screwed...until then, try to make some $$ the old fashioned way :-)
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Vancarbon
May 1, 2026 1:55pm
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The markets were monopolised after Lehmans , throwing Artificial Intelligence into the mix decades later has the potential for catastrophic consequences .

We thought Dark pools and HFT’s were volatile and manipulative ; hold onto your hats , retail don’t have a chance in this system .
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