Why OpenAI’s CEO Is Sounding the Alarm on Banks—and Why Every Investor Should Pay Attention Now
“People are going to have to change the way they interact,” Altman said. “They’re going to have to change the way they verify. This is a huge deal.”
OpenAI CEO Sam Altman speaks at the Federal Reserve’s Regulatory Capital Framework Conference on Tuesday. Photo by Andrew Harnik/Getty Images
During a Q&A session at the Federal Reserve event, Altman was also asked about what keeps him up at night. He said a widespread financial crisis where an adversary uses AI to launch an attack on the U.S. The bad actor could “break into financial systems and take everyone’s money,” and there would be little we could do about it, Altman said. It would be difficult to uphold protective measures against an adversary with smarter AI, Altman explained.
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