Apollo Economist Warns AI Agents Could Trigger Massive Bank Runs

The warning comes as there is a significant imbalance between the yields of fintech companies and those paid by FDIC-insured banks, which could cause massive withdrawals from the latter as agents reallocate their users’ savings to accrue higher benefits. An Agentic Bank Run Might Be Brewing, Says Apollo Chief Economist The introduction of agentic technology […]

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