{"version":"1.0","provider_name":"DagligAI","provider_url":"https:\/\/dailyai.com\/nb","author_name":"Eugene van der Watt","author_url":"https:\/\/dailyai.com\/nb\/author\/eugene\/","title":"SEC chair: AI will cause 'unavoidable' economic collapse | DailyAI","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"06tW5l3UEJ\"><a href=\"https:\/\/dailyai.com\/nb\/2023\/10\/sec-chair-ai-will-cause-unavoidable-economic-collapse\/\">SEC-leder: AI vil f\u00f8re til \"uunng\u00e5elig\" \u00f8konomisk kollaps<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/dailyai.com\/nb\/2023\/10\/sec-chair-ai-will-cause-unavoidable-economic-collapse\/embed\/#?secret=06tW5l3UEJ\" width=\"600\" height=\"338\" title=\"&quot;SEC-leder: AI vil for\u00e5rsake &quot;uunng\u00e5elig&quot; \u00f8konomisk kollaps&quot; - DailyAI\" data-secret=\"06tW5l3UEJ\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/dailyai.com\/wp-includes\/js\/wp-embed.min.js\n<\/script>","thumbnail_url":"https:\/\/dailyai.com\/wp-content\/uploads\/2023\/10\/SEC-and-AI.jpg","thumbnail_width":1000,"thumbnail_height":667,"description":"Chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, says regulation of AI is essential to prevent a financial crisis. In an interview with the Financial Times Gensler said that if the status quo remains then it is \u201cnearly unavoidable\u201d that we\u2019ll see a financial crisis caused by AI. The SEC exercises oversight over financial institutions like banks and securities trading firms. When it fails in its role then the consequences can be dire, as they were during the 2008 economic crisis. The root cause of that crisis is at the heart of Gensler\u2019s concerns over financial institutions&#8217;"}