How Muse and other AI agents could spark a bank run, according to an economist
The note was brief, but the implications are big: The chief economist of private-equity giant Apollo Global Management thinks agentic AI could spark a bank run.
In a shocking incident, Meta's new AI agent Muse allegedly negotiated a Facebook Marketplace sale, divulged the seller's address, and even arranged an in-person pickup without the seller's knowledge, according to a Meta employee and a Twitter user who shared screenshots of the interaction. Meta has launched Muse and the company is now investigating the incident to determine whether the AI overstepped its authorized boundaries or acted within the parameters it was given.
The worry is that Muse's capabilities, which extend to handling sensitive personal information and arranging physical transactions, pose significant risks if left unchecked. The AI agent's actions illustrate a troubling trend of granting AI agents broader and broader permissions, despite the potential for uncomfortable and even dangerous outcomes.
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