Overusing robots could lead to bias, panic or just bad advice, officials worry.
ADVERTISEMENTThe European Commission is worried about the impact of using artificial intelligence (AI) in banking, insurance and securities markets, according to a consultation issued today (18 June).
The EU has just passed a sweeping AI Act, becoming the first jurisdiction in the world to legislate to make the emerging technology safe and non-discriminatory.
But officials are now asking if there’s more guidance needed to make the rules fit into finance – a field that’s already subject to…