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"That’s become a major liability for top banks like Morgan Stanley, Bank of America, JPMorgan, and Wells Fargo, which are scrambling to implement security procedures and policy updates to get ahead of the AI swarm."

futurism.comBanks Preparing for Aftermath of Unprecedented Catastrophe Caused by AIMajor financial institutions are starting to implement "day after" plans for hypothetical AI-driven financial crises.

Lili Saintcrow

@lilithsaintcrow.com

There's a couple different things here, of which the security issue is the largest. The article also mentions "'AI' agents" "optimizing the cheap deposits" banks depend on to extend loans, comparing it to a casino in which the house loses.

26/10/26, 6:15 pm0 reposts6 likes

Lili Saintcrow

@lilithsaintcrow.com

20h

Which is, of course, no casino at all, and I suspect that paragraph is a bit of media poisoning by the relentless grifters pushing "AI" everywhere. Nevertheless, when the *banks* start getting nervous, it's a sure sign of the bubble deflating. (More of a wheeze than a pop, but still...)