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Fed's Warsh says AI path will be 'very bumpy' but ultimately 'very good' for wealth

Warsh said he's optimistic that AI will make economies that use it well more productive and wealthier, warning the road there will be "very bumpy."

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

Also reported by 1 other outlet

Read the original at cnbc.com →

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Ping An Digital Bank completes HKMA artificial intelligence sandbox

Ping An Digital Bank completed the Hong Kong Monetary Authority s artificial intelligence sandbox trial to deploy deepfake fraud detection algorithms

  • Ping An Digital Bank completes AI sandbox in Hong Kong.
  • Anti-Fraud Strategy Platform achieves 96% deepfake detection accuracy.
  • Bank plans to deepen AI application in daily operations.

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