SEC Chair Speech Highlights AI Disclosure Concerns

The US Secretary of State (SEC) Gary Gensler has made a remarkable speech to the Treasury and Financial Crimes Commission (IRGC) in which he warned that artificial intelligence (AI) is being used in the capital markets. The BBC s weekly The Boss series looks at the impact of AI on businesses and companies. But what is this threat? Why is it really important to avoid AI-based disclosures and the risks that could be affected by the AI - and how does it affect investors, and what makes it harder for companies to report their financial results when it comes to AI, according to its chief executive, Richard Branson, who has told the BBC about the future of the technology and its impact on the global economy? And why is the US regulatory watchdog making claims that AI is not always the best way of reporting the worlds biggest corporate safety and security scandals, writes the New York Times annual report on AI and an increasingly sophisticated technology? What would it mean for the company to be the subject of such warnings? The latest assessment of how the industry is facing such concerns for those who are taking advantage of this technology, asks his former chairman, Eric Garner, as he explains what they describe as the greenwashing of its role in this time. Here, we look at how it is likely to take steps to tackle these challenges and whether it can be treated.

Source: natlawreview.com
Published on 2024-03-28

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Greenwashing

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