# SEC Head Fears AI Could Cause a Financial Crash

- Link: https://www.widthness.com/sec-head-fears-ai-could-cause-a-financial-crash/
- Published: 2023-08-19T10:00:38-05:00
- Author: Curated by Theresa Wysocki

Image credit: Witthaya Prasongsin via Getty Images. Article by Maggie Harrison. Futurism &#8211; updated August 15, 2023. Webs We Weave Looks like SEC Chair Gary Gensler has been harboring some serious — as in, destroy-the-economy-level serious — AI apprehensions for some time now. As Axios reports, back in 2020, Gensler — still a professor at MIT at the time — penned a paper arguing that embedding an array of too-similar deep learning programs into our economic structures could stand to undermine those systems to the tune of a crisis-level crash. [&#8230;] Click here to view original web page at futurism.com
