Tag: market manipulation

  • Slashdot: Bank of England Says AI Software Could Create Market Crisis For Profit

    Source URL: https://slashdot.org/story/25/04/10/0652258/bank-of-england-says-ai-software-could-create-market-crisis-for-profit?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Bank of England Says AI Software Could Create Market Crisis For Profit Feedly Summary: AI Summary and Description: Yes Summary: The Bank of England has raised concerns about the risks associated with increasingly autonomous AI systems in financial markets. Such AI programs may exploit profit-making opportunities, potentially leading to…

  • Slashdot: AI Tools Crack Down on Wall Street Trader Code Speak

    Source URL: https://slashdot.org/story/25/01/17/1356236/ai-tools-crack-down-on-wall-street-trader-code-speak?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: AI Tools Crack Down on Wall Street Trader Code Speak Feedly Summary: AI Summary and Description: Yes Summary: The text discusses how compliance software firms are leveraging AI technology to enhance the detection of potential financial crimes on trading floors by deciphering complex trader communications. This marks a significant…

  • New York Times – Artificial Intelligence : Amy Klobuchar Wants to Stop Algorithms From Ripping You Off

    Source URL: https://www.nytimes.com/2024/08/30/opinion/algorithm-collusion-amy-klobuchar.html Source: New York Times – Artificial Intelligence Title: Amy Klobuchar Wants to Stop Algorithms From Ripping You Off Feedly Summary: Companies are using technology to collude on prices, and our laws need updating to stop it. AI Summary and Description: Yes Summary: The text discusses Senator Amy Klobuchar’s Preventing Algorithmic Collusion Act,…