SEC Chair Gary Gensler warns impending AI-wrought financial crisis ‘nearly unavoidable’ By Cointelegraph

United States Securities and Exchange Commission Chair Gary Gensler has reportedly stated that without some form of intervention, a financial crisis stemming from the widespread use of artificial intelligence is “nearly unavoidable.”

The chair’s comments came during an interview with the Financial Times where, according to the article, Gensler said the crisis could come within a decade.