We need legal protections from AI’s risks ...Middle East

The Hill - News
We need legal protections from AI’s risks
source : The Hill ( Middle East ) () 40
The first mortgage-backed security trader I met in the summer of 2007 wore a rumpled T-shirt and a look of consternation while telling me that he’d just quit. I’d recently been working at a housing clinic, so I knew something strange was going on with risky mortgages, but he was adamant that I didn’t have a clue about the scale of the mess. Surely, I asked, banking regulations would prevent the worst of it? He laughed. We know what happened next. The financial markets collapsed, devastating individual lives and the global economy. We learned that without consequences for reckless behavior, the powerful have every incentive to chase massive profits, knowing that others will pay the p

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