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AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits

JPMorgan Chase, Bank of America and Wells Fargo hold about $1.6 trillion in deposits that pay no interest, the Financial Times reported. That money tends to stay put because moving it takes time. Artificial intelligence (AI) agents could remove that friction. Meta’s Muse and similar AI assistants could soon move household cash from checking accounts […] The post AI Agents Wake Up $1.6 Trillion in…

AI Agents Wake Up $1.6 Trillion in Sleepy Bank Deposits

We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.

Read the original at pymnts.com →

More in AI

I Built a World With Rules. Then I Changed Them.

The Rules Are Hidden. The Timeline Isn't. What happens when you put something inside a world whose rules it doesn't know? I wanted to build a small experiment.

  • NIXIE is a fictional reasoning benchmark for Kaggle.
  • Rules in NIXIE include ERASE or CONTINUE outcomes based on dice rolls.
  • Rules can change, making the experiment more challenging.

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