Major Wall Street investment banks are pouring billions of dollars into AI research, patents, and ï¬nancing without adequate safeguards, according to an investigation by Consumer Watchdog.
Financial services spending on AI is larger than any other industry, exceeding even the tech industry. A lot of attention is devoted to tech companies developing artiï¬cial intelligence, but Wall Street banks are just as interested in it. The unseen hand of AI is Wall Street ï¬nancing.
Read the Report here.
