Chair of the Treasury Committee at UK Parliament
Warned that the UK financial system is not prepared for a major AI-related incident and criticized regulators for taking a wait-and-see approach to AI risks.
How media typically covers Meg Hillier
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UK parliamentary committee warns that financial regulators' failure to establish AI-specific oversight exposes consumers and the financial system to serious harm, including potential financial crises from synchronized AI decision-making during economic shocks.
“Warned that the UK financial system is not prepared for a major AI-related incident and criticized regulators for taking a wait-and-see approach to AI risks.”