Browsing: oversight

The rapid development of artificial intelligence capabilities is broadening the way China defines the risks posed by this technology. Alongside espionage, cyber threats, and familiar national security threats, Beijing is increasingly addressing the risks originating from advanced AI systems themselves—including autonomous operation and loss of control. At the same time, technological lag and dependence on…

NEW YORK/WASHINGTON, Sept 25 (Reuters) – The US Federal Reserve is working on a plan to raise the asset thresholds that trigger stricter oversight of big banks, four people with knowledge of the matter said, which would allow some lenders to avoid costly additional regulation and potentially spur consolidation.